In most organizations, coworkers and others have knowledge or suspicions that fraud is occurring but do not come forward with their information. There are several major reasons for this hesitancy. Which of the following is NOT one among them?
a. It is usually impossible to know for sure that a fraud is taking place.
b. The suspicious action is not affecting their work.
c. They fear reprisal for being a whistle-blower.
d. They often think that squealing on someone is wrong.
b
FEEDBACK: a. Incorrect.
b. Correct.
c. Incorrect.
d. Incorrect.
You might also like to view...
Which of the following is a correct statement regarding enforcement of the FCPA?
A) The SEC cannot investigate alleged FCPA violations. B) The SEC cannot bring civil charges under the FCPA's bribery provisions. C) The SEC refers criminal cases to the U.S. Justice Department for prosecution. D) The SEC tries FCPA criminal cases internally, pursuant to the prosecutorial mandate assigned the commission under the act.
Jen sees signs that one of her employees might be an alcoholic. In order to help this individual, Jen must awaken the individual to the reality of the condition.
Answer the following statement true (T) or false (F)
HVAC Heating & Air Conditioning, Inc, is a public company whose shares are traded in the public securities markets. Under the Sarbanes-Oxley Act of 2002, to ensure that HVAC's financial results are accurate and timely, the firm's senior officers must set up and maintain
A) internal "disclosure controls and procedures." B) external "release and reveal timetables." C) personal "peruse and review liability policies." D) public "information and discussion forums."
Which presentation method combines the component unit's results into the primary government's financial results?
A. Discrete presentation B. Blended presentation C. Consolidated presentation D. Combined presentation