Anonymous Caller Case Study 1 a) What would you recommend to the caller if you were Dr. Mitchell? Since it appears that the firms top executives are all apart of the fraud and don’t plan on correcting their unethical action. I recommend that the anonymous caller completely remove himself/herself from the situation by resigning or by reporting the situation to the firm’s board of directors or a governmental agency. b) What are the risks of continuing to work with the company? There
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Case Summary Disclosure responsibility Disclosure responsibility Risk for controller Risk for controller Organizational imperfection Organizational imperfection Incentives for misstatement Incentives for misstatement Outline Mr. Anonymous is the controller of a private-hold‚ small‚ start-up company. He was in dilemma whether to provide the fraudulently misstated financial statement to the bank‚ thus turning to his former professor Dr. Mitchell for advice. Incentives for misstatement
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Chapter 3 FIGHTING FRAUD: AN OVERVIEW Discussion Questions 1. Fraud prevention is important because it is the most cost-effective way to reduce losses from fraud. Once fraud occurs‚ there are no winners. 2. Creating a culture of honesty and high ethics helps to reduce fraud in various ways. Management through its own actions can show that dishonest‚ questionable‚ or unethical behavior will not be tolerated. By hiring the right kind of employees‚ management can select people who are
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Accounting Fraud at WorldCom 1) What are the pressures that lead executives and managers to “cook the books?” After the rapid evolution of the telecommunication industry in the 1990s‚ WorldCom shifted its strategy to focus on building revenues and acquiring capacity sufficient to handle expected growth. Their biggest goal was to be the No. 1 stock on Wall Street rather than capturing the market share. As a result‚ their Expense-to-Revenue (E/R) Ratio was their measurement for their main objective
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Effects of War The new Steven Spielberg directed movie based off of Lynsey Addario’s memoir “It’s What I Do”‚ will tell the story of an up and coming photo journalist traveling the world capturing the unforgettable moments of the war. Although it’s a memoir about her life and experiences‚ the movie should incorporate the effects of war. Many viewers are unaware of the reality of the war‚ this movie should show the truth behind it all‚ such as the killings‚ the abuse‚ the starving children‚ and the
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Checkpoint: Evaluating Communication Strategies Resources: pp. 195–210‚ 214–220‚ & 223–226 in Ch. 5 of Human Services in Contemporary America Answer the following questions in 200 to 300 words: • What would you need to learn or know about each of your clients in order to communicate effectively with them? The text explains that culture/religion should be on a human service workers list of things to know. There are many different types of cultures and beliefs that go along with those cultures
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Evaluating Truth and Validity Exercise Amy F. Italiano PHL/458 Thursday‚ 5 March 2015 Laura L. Calo Evaluating Truth and Validity Exercise Scenario 1: 12.2.j Power must be evil because it can corrupt people Evaluation of the Argument: Step 1: All things that corrupt people are evil. Power corrupts people. Therefore‚ power must be evil. Step 2: Errors affecting truth Either/or thinking-no; Avoiding the issue-no; Overgeneralizing-yes; Oversimplifying-no; Double standard-no; Shifting the blame-no;
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ENG 102 Essay 3: Evaluating Health Care Reform Topic Proposals due: Tuesday‚ October 26 Rough draft due: Tuesday‚ November 2 Final Draft due: Tuesday‚ November 9 Length: 5-6 pages‚ double-spaced MLA format Sources: 3 sources through ASU Libraries minimum…Other reliable (i.e. no Wikipedia‚ Dictionary.com sources or sources of that nature) sources are also allowed. Corresponding Reading: Ch. 8 in Inventing Arguments For your third writing topic‚ you will write a 5-6 page essay during
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Virtual Chem Lab 6-2 & 6-3 Anonymous CHM/110 June 16‚ 2014 Zamir Deen Virtual Chem Lab 6-2 & 6-3 Ranking Salt Solutions by pH 6-2: Ranking Salt Solutions by pH In this assignment you will be asked to rank aqueous solutions of acids‚ bases‚ and salts in order of increasing pH. This is most easily done by first identifying the strong acids that have the lowest pH‚ the strong bases that have the highest pH‚ and the neutral solutions that have a pH near 7. The weak acids will have a pH between
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Virtual Chem Lab 6-2 & 6-3 Anonymous CHM/110 June 16‚ 2014 Zamir Deen Virtual Chem Lab 6-2 & 6-3 Ranking Salt Solutions by pH 6-2: Ranking Salt Solutions by pH In this assignment you will be asked to rank aqueous solutions of acids‚ bases‚ and salts in order of increasing pH. This is most easily done by first identifying the strong acids that have the lowest pH‚ the strong bases that have the highest pH‚ and the neutral solutions that have a pH near 7. The weak acids will have a pH between
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