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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Chapter 5, Problem 5MCQ
To determine
From the following options, what happens to the person who commits a crime.
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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
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 fraud
Whichever of the below is NOT a need for establishing responsibility for negligent infliction of emotional distress? A. The defendant engaged in inappropriate and excessive behaviour. B. The plaintiff was publicly humiliated as a result of the behaviour. C. The behaviour caused significant mental anguish. D. The behaviour caused physical symptoms or bodily injury.
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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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Similar questions
- 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.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?arrow_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_forward
- Please 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_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_forwardAt one time, it was felt that liability insurance would undermine the tort system, which has as its central theorem the concept that the individual responsible for injuring another should be made to pay for that injury. Do you think the existence of liability insurance causes one to be less careful than he or she might otherwise be?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_forwardExplain how “groupthink” might lead a person to ignore moral and ethical duty in an organization.arrow_forwardAs a student, do you feel the effects of train law? If yes , how does it affects you? If no, why do you think that you are not affected by the train law?arrow_forward
- Which of the following is NOT an element required to recover to establish liability for negligent infliction of emotional distress claim? A. The defendant engaged in extreme and outrageous conduct. B. The conduct subjected the plaintiff to public humiliation. C. The conduct caused severe emotional distress. D. The conduct resulted in physical symptoms or bodily harm.arrow_forward"Do not do to others what you would not like yourself?" Give an example of experienced stance when it was hard to follow this rule? What could be the reason that it is difficult for us to adhere to this "Golden Rule? sometimesarrow_forwardYour para-planner sends out unauthorized information to your client. Your client acts on the information. Are you responsible? A. You are responsible only if the client acts on the information. B. You are not responsible because the client never consulted you C. You are not responsible for the para-planner's actions. D. You are responsiblearrow_forward
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