One way of analyzing whether National Security Agency (NSA) whistleblower Edward Snowden’s actions were justified in leaking classified materials exposing the breadth of the U.S. government’s surveillance activities is by weighing personal morality against the morality that comes with one’s adopted professional role. Using this perspective, do you believe Snowden’s act was ethical?

Q: The primary purpose of the internal auditors' evaluation of internal control is to

A: Internal auditor is responsible for providing his judgement on internal control operations of…

Q: To what degree do you think individuals have a responsibility to act ethically within a corrupt…

A: Participation is willingly absent from coerced subjugation of any activity. It is imperative to act…

Q: Which is not among the principles contained in the development of the science of internal control? *

A: D - Ensure objectives are met

Q: How do you think Raju could have used Maytas assets to cover up the fraud?

A: We have to determine that how Raju could have used Maytas assets to cover up the fraud.

Q: The management fraud is committed by a top level management employee? Give an example of those top…

A: frauds committed by management ( top-level ) -   - management frauds are committed by top-level…

Q: What are some red flags that may indicate a cover-up or concealment of a fraud?

A:

Q: of the three elements of the fraud triangle is not present, can fraud still b

A: The three elements of the fraud triangle are as follows: Pressure: Pressure acts as a base and…

Q: What rules or policies should be developed to avoid ethical fraud issues?

A: Accounting Fraud:   Intentional manipulation of financial statement to create false financial heath…

Q: WorldCom committed the largest fraud in U.S. history. What was the primary method WorldCom’s…

A: Fraud:   It is an intentional misappropriation of the assets or the financial records of an…

Q: What are the elements of the fraud triangle? How can an internal control system limit reduce the…

A: Fraud means intentional concealment or misrepresentation of material facts for gaining personal…

Q: Which of the following is NOT an element of the fraud triangle? a. ethics b. justifiable reliance c.…

A: Fraud: Fraud refers to a malicious act done by people to fulfill their own personal benefits. In…

Q: Management can expect various benefits to follow from implementing a system of strong internal…

A:

Q: collusion between employees and management in the commission of a fraud is difficult to both prevent…

A: Collusion means agreement between two or more people for some wrongful deed particularly for a…

Q: Refer to the given system flowchart, and we have discussed the control weakness and the risk…

A: Frauds in sales department are as follows: Recording fake invoices Misrepresenting the excessive or…

Q: Opportunity, Financial Pressure, and Rationalization are the three main factors contribute to fraud…

A: Introduction:- Fraud is defined as intentional deception with the intent of gaining an unfair or…

Q: Look up the term corrupt in the dictionary. What is its definition? Was corrupt appropriately…

A: Given: The explanation for the word corrupt.

Q: What was evolutionary about laws such as GLBA and FACTA?

A: It is taken regular care by the consumer protection authorities to protect the interest of…

Q: Why do you think audit firms are willing to accept high-risk clients?

A: Auditing:   Auditing refers to an independent examination of financial information of any…

Q: Which preventive, detective, and/or corrective controls would best mitigate the following threat,…

A: A criminal remotely accessed a sensitive database using the authentication credentials (user ID…

Q: Should the SEC and the Department of Justice have tried Andersen as a firm, or should they have…

A: Securities Exchange Commission (SEC): This is the government agency governs the working of financial…

Q: What is the term for an employee who detects and tries to put an end to a company's unethical,…

A: The question is related to multiple choice question.

Q: How does the study of criminology relate to the detection or deterrence of fraud?

A: Fraud refers to a situation when there is some false facts or details have been presented or the…

Q: Explain why collusion between employees and management in the commission of fraud is difficult to…

A: Fraud refers to an act which is committed intentionally by one person which results in financial…

Q: Your para-planner sends out unauthorized information to your client. Your client acts on the…

A: Paraplanners are junior members of a financial planning team. They are responsible for collating…

Q: In your own words, why are internal controls important? Why do you think Congress has made it…

A: Internal control refers to various methods and procedures adopted for the control of production,…

Q: Which of the following is NOT a possible legal risk that can arise because of a fraud investigation…

A: Malicious prosecution occurs when a person is arrested without proper grounds. For example: Person A…

Q: Describe a checks an balance scenario that allows for whistleblowing and prevents retaliation to the…

A: Solution- Retaliation is defined as a direct or indirect adverse administrative decisions or action…

Q: Collusion is an intentional act of two or more employees to accomplish theft of company assets.…

A: Internal controls main objective is to safeguard assets and records and to ensure that policies…

Q: do COSO Internal Controls prevention fraud?

A: Internal controls are the policies and procedures put in place to protect your company's assets,…

Q: Select the necessary words from the list of possibilities to complete the following statements. 1.…

A: Internal control: Internal control as defined by the Committee of Sponsoring Organizations of the…

Q: Whistle-blowers have played a key role in fraud detection. There are several types of…

A: Whistle-blower can be defined as the person who is generally an employee who exposes information or…

Q: Why do you think companies were not able to detect the fraud in their previous audit?

A: The responsibility for the prevention and detection of fraud and error rests with the management…

Q: why conducting auditing programme and standards are important in manage corruption?

A: An audit is an independent examination of financial information of an entity with an objective to…

Q: 32-Which among the following is untrue in respect of segregation of duties? a. Deliberate fraud is…

A: Segregation of duties- It states that entity should divide the work, duties or responsibilities of…

Q: What is Enron fraud and why is it important

A: Enron fraud is one of the biggest accounting fraud happened in the United States.

Q: What is the major goal of the brainstorming session on fraud?

A: This question tells about the major goal of the brainstorming session on fraud.