ACC 100 Week 8 Discussion -
Answer each of the following questions in 250-300 words.
"Embezzlement in the Workplace" Please respond to the following:
Employee theft is a major problem in the U.S. retail industry. Information obtained from SecurityInfoWatch reported that twenty three (23) major retailers alone apprehended over 1.1 million shoplifters and dishonest employees, and recovered more than $189 million from these thieves in 2012. Watch J. Farrell’s video:
Prevent Employee Theft in Your Business
User: jimfarr194 - Added: 10/16/11
Then, identify at least four (4) internal controls effective in mitigating employee theft and / or fraud. Provide at least two (2) examples of internal controls that could be implemented to reduce theft in the U.S. retail industry.