英语翻译Morton SamsMorton Sams owns apartment complexes in Minne
英语翻译
Morton Sams
Morton Sams owns apartment complexes in Minneapolis and St.Paul ,Minnesota .Each property has a manager who collects rent ,arranges for repairs ,and runs advertisements in the local newspaper .The property managers transfer cash to Sams monthly and prepare their own bank reconciliations .The manager in Minneapolis has been stealing large sums of money .To cover the theft ,he understates the amount of the outstanding checks on the monthly bank reconciliation .As a result ,each monthly bank reconciliation appears to balance .However ,the balance sheet reports more cash than Sams actually has in the bank .While negotiating the sale of the Minneapolis property ,Sams shows the balance sheet to prospective investors.
Required
1.Identify two parties other than Sams who can be harmed by this theft .In what ways can they be harmed?
求解答第一题