FOR2607 Assignment 2 (COMPLETE ANSWERS) Semester 1 2025 (629888) - DUE 21 April 2025; 100% correct solutions and explanations.

FOR2607 Assignment 2 (COMPLETE ANSWERS) Semester 1 2025 (629888) - DUE 21 April 2025; 100% correct solutions and explanations. Study below case study and answer the questions. Case study Fraud and corruption in the Public Service will always be problematic, counter-productive, and devastating, especially in young democracies and developing countries. Although government introduced and continues to add various forms of controls, the persistence of criminals continuously challenges these controls for self-enrichment. To prevent and detect fraud and corruption in the Public Service, lifestyle audits are a critical and legitimate management tool and forms part of a department’s system of risk management. Fraud and corruption are usually committed by means of “off book” transactions, typically the acceptance of a bribe, or by manipulating records, especially those involving tenders and procurement. These “”off book” transactions are very difficult to detect and dishonestly inclined professionals are able to conceal their fraudulent actions with disturbing alacrity and ease, particular in work environments with weak controls or limited segregation of duty. Sometimes the only clue to these illicit activities is a sudden unexplained change in an employee’s lifestyle. (Guidelines of conduct lifestyle audit (2001) Question 1 Explain in your own words, what is the “Financial investigation.” Please support your answer with three sources. (05) Question 2 Based on the case study, please list the reasons that can