Explain why collusion between employees and management in the commission of a fraud is difficult to both prevent and detect
Collusion among employees in the commission of a fraud is difficult to both prevent and detect. This is particularly true when the collusion is between managers and their subordinate employees. Management plays a key role in the internal control structure of an organization. They are relied upon to prevent and detect fraud among their subordinates. When they participate in fraud with the employees over whom they are supposed to provide oversight, the organization's control structure is weakened, or completely circumvented, and the company becomes more vulnerable to losses.
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A retailer of electronic equipment received six VCRs from the manufacturer. Three of the VCRs were damaged in the shipment. The retailer sold two VCRs to two customers. a.Can a binomial formula be used for the solution of the above problem?b.What kind of probability distribution does the above satisfy, and is there a function for solving such problems?c.What is the probability that both customers received damaged VCRs?d.What is the probability that one of the two customers received a defective VCR?
What will be an ideal response?
A license is a contract that transfers complete rights in intellectual property and informational rights
Indicate whether the statement is true or false
A major advantage of using individual branding is that
A. the promotion of one of the company's brands will also promote the company's other brands. B. this branding policy will prevent the overextension of a brand name to products that are completely unrelated to the original. C. a poor-quality product will not contaminate all of the company's other products with negative images. D. a specific brand name for each product will help the company grow during times of economic recession. E. the quality of one of the company's products will help increase the perceived quality image of the company's other related products.
Common examples of financial intermediaries include all of the following EXCEPT
A) Pension Funds. B) Mutual Funds. C) Life Insurance Companies. D) Venture Capital Firms.