Financial Specialist Interview Question:

Tell us why is it easier for someone to perpetrate fraud using a journal entry than with a ledger?

Submitted by: Muhammad

Accounting professionals, particularly those who have managed ledgers or worked as full-charge accountants for more than a couple of years, should be able to speculate on this scenario. A candidate with more formal training specific to auditing or fraud analysis will likely explain this thoroughly and be able to provide examples.
Submitted by: Muhammad