Accounting 8
- 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 titled “Prevent Employee Theft in Your Business”:
- Analyzing the information contained in the video, 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.
- Provide support for your answer.
https://www.youtube.com/watch?v=x8OHUCMtgMM&feature=youtu.be
…………………Answer Preview…………………
Theft in the retail shops across the world has become the worst nightmare to all shop owners. These cases have been on the rise in the current past in the United States retail shops. It has been established that most of the theft cases are carried out by employees who work in the shops and organizations. These theft cases can be dealt with in various ways such as understanding the employees. This is…..
APA
400 words
