Fraud by Kiting Describe the Concept of Kiting and Identify

question 7

Essay

Fraud by kiting Describe the concept of kiting and identify the best method for the auditor to use to detect kiting.

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Definitions:

Guthrie

An American psychologist who proposed the theory of contiguity, suggesting that learning occurs when a stimulus and response occur close together in time.

Crying Behavior

An emotional and physiological response that can serve various functions, including communication, self-soothing, or as a response to stress or stimuli.

Store

To keep or accumulate something for future use.