Most fraud perpetrators have profiles that look like:

a. Those of other honest people
b. Those with criminal records
c. Those who are uneducated
d. Those who use alcohol and drugs


a
FEEDBACK: a. Correct. Fraud perpetrators fit the profile of those who are educated and appear to have good traits that organizations look for when hiring employees.
b. Incorrect.
c. Incorrect.
d. Incorrect.

Business

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a. Information or process (the subject matter) on which the assurance service is provided. b. Criteria for evaluation, such as compliance with regulations. c. Sufficient appropriate evidence. d. Two parties involved, the practitioner (or the CPA) and the intended users of the report.

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An item costs a retailer $140. If a 30 percent markup is desired, what should the retail selling price be?

A. $200.00 B. $182.00 C. $140.30 D. $242.00 E. $191.00

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Explain the procedure a manager should follow to build support for his or her project idea.

What will be an ideal response?

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Sandy has made an error in her work that has caused the loss of an important client. Although she did not intend to do so, she got very defensive when her managers asked her what happened. Based on research on attribution and leadership, her manager is likely to:

a. fire Sandy. b. blame Sandy for the mistake and hold her responsible. c. let Sandy off easy and assume the client was difficult. d. not do much; most managers know that employees can’t control everything.

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