Fraud Examination
5th Edition
ISBN: 9781305079144
Author: W. Steve Albrecht, Chad O. Albrecht, Conan C. Albrecht, Mark F. Zimbelman
Publisher: Cengage Learning
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Question
Chapter 5, Problem 12MCQ
To determine
A person who commits fraud and does not feel the stress is referred to as.
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Differentiate or distinguish when giving or accepting gifts/hospitality to someone else in a good heart and a fraud?
Provide an opinion on how to manage these conflicts.
Quite often, people may face situations that put them in an ethical conflict. The best way to cope with this is ________.
Question 22 options:
A)
to develop a personal code of ethical conduct about what is right and wrong
B)
to use the "golden rule"
C)
to do what makes the largest number of people happy in the situation
D)
to do nothing and ignore the situation
E)
to act the same way you have seen others act in similar situations
Employees are more likely to apply their personal values to their behaviour when:
those values conflict with the organization's values.
the values are abstract.
someone reminds them of those values.
All of the answers are correct.
None of the answers apply.
Chapter 5 Solutions
Fraud Examination
Ch. 5 - Prob. 1DQCh. 5 - Prob. 2DQCh. 5 - 3. What are accounting symptoms
Ch. 5 - Prob. 4DQCh. 5 - Prob. 5DQCh. 5 - Prob. 6DQCh. 5 - Prob. 7DQCh. 5 - Prob. 8DQCh. 5 - Prob. 9DQCh. 5 - Prob. 10DQ
Ch. 5 - Prob. 11DQCh. 5 - Prob. 1TFCh. 5 - Prob. 2TFCh. 5 - Prob. 3TFCh. 5 - Prob. 4TFCh. 5 - Prob. 5TFCh. 5 - Prob. 6TFCh. 5 - Prob. 7TFCh. 5 - Prob. 8TFCh. 5 - Prob. 9TFCh. 5 - Prob. 10TFCh. 5 - Prob. 11TFCh. 5 - Prob. 12TFCh. 5 - Prob. 13TFCh. 5 - Prob. 14TFCh. 5 - Prob. 15TFCh. 5 - Prob. 16TFCh. 5 - Prob. 17TFCh. 5 - Prob. 18TFCh. 5 - Prob. 19TFCh. 5 - Prob. 20TFCh. 5 - Prob. 21TFCh. 5 - Prob. 22TFCh. 5 - Prob. 23TFCh. 5 - Prob. 24TFCh. 5 - Prob. 1MCQCh. 5 - Prob. 2MCQCh. 5 - Prob. 3MCQCh. 5 - Prob. 4MCQCh. 5 - Prob. 5MCQCh. 5 - Prob. 6MCQCh. 5 - Prob. 7MCQCh. 5 - Prob. 8MCQCh. 5 - Prob. 9MCQCh. 5 - Prob. 10MCQCh. 5 - Prob. 11MCQCh. 5 - Prob. 12MCQCh. 5 - Prob. 13MCQCh. 5 - Prob. 14MCQCh. 5 - Prob. 15MCQCh. 5 - 16. Which of the following is a common fraud...Ch. 5 - Prob. 17MCQCh. 5 - Cal Smith Jr. is the night manager at a local...
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- One problem facing insurers is that there is a risk that a person will act differently if he/she does not bear all of the consequences of his/her actions. For instance, people with auto insurance policies may drive less carefully than they would drive if they were going to have to pay the full amount of any damages they caused/created. This problem is known as: A. Adverse selection B. Consumer deception C. Moral hazard D. Insurance fraudarrow_forwardAre you interested in a career in finance? Would you have any religious or moral concerns about working in the finance industry? Are there any jobs or industries that you would avoid based on your religious or moral values?arrow_forwardExplain how “groupthink” might lead a person to ignore moral and ethical duty in an organization.arrow_forward
- If you believe that someone is careless and irresponsible at work just because he is young. In this case you are applying______. Choose correct answer a. Confidence b. Prejudice c. Experience d. Accuracyarrow_forwardIf Kevin works off the clock, then he will sacrifice family time and responsibilities. This is an example of what type of ethical reasoning?arrow_forwardAnswer the following based on the image of the scenario A-Help management understand the issue from Jack’s perspective. Describe the ethical dilemma that Jack faces. What is the issue? Who are the parties involved? If you were Jack, what would you consider when making a decision? B-Help management understand the elements of the fraud triangle in this situation which increase the chances of fraud. Why is this fraud? What are the opportunities, motivations and rationalizations that you see? How does this affect the business financially? C-Help management come up with a plan to minimize the likelihood of this happening in the future. Be sure to mention specific components of the COSO framework.arrow_forward
- 6. Explain how moral hazard could lead people to under-save if social security were replaced by voluntary personal accounts.arrow_forwardThe law is that which must be obeyed and followed by members of a society subject to sanctions or legal consequences TRUE FALSEarrow_forwardTertiary deviance represents a step beyond secondary deviance. To the sociologist of deviance, tertiary deviance is: A.internalizing the stigma of deviance, that is, accepting that one is inferior. B.avoiding all contact with non-deviants. C.wishing to shed or get rid of the behavior, beliefs, or characteristics that led to being designated as deviant and becoming normal. D.banding together with other stigmatized persons and fighting against the prejudice directed at one's category or group.arrow_forward
- A person behaves in such a way that it benefits the maximum number of people and minimize pain. This type of behavior is consistent with which one of the following ethical principle? a. Ethical Relativism b. Fairness principle c. Utilitarianism principle d. Justice principlearrow_forwardPlease describe a time when you were faced with a personal dilemma regarding whether to blow the whistle on a wrongdoing. Some examples of a wrongdoing are witnessing cheating on an exam, witnessing someone trying to steal, noticing someone trying to take advantage of another, and completing a project at work without recording time spent in order to meet time constraints. Who were the stakeholders in the situation and how were they impacted by the wrongdoing? How did rationalization encourage the wrongdoer to follow through with their wrongdoing? What did you do and why?arrow_forwardPlease describe a time when you were faced with a personal dilemma regarding whether to blow the whistle on a wrongdoing. Some examples of a wrongdoing are witnessing cheating on an exam, witnessing someone trying to steal, noticing someone trying to take advantage of another, and completing a project at work without recording time spent in order to meet time constraints. Who were the stakeholders in the situation and how were they impacted by the wrongdoing? How did rationalization encourage the wrongdoer to follow through with their wrongdoing? What did you do and why? Case scenario: for someone working but not clocking in How would this fit under this dilemma? Please explain:arrow_forward
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