File a timely proof of loss with the insurance carrier. Employers who suspect that an employee may be stealing from the company need to proceed cautiously to ensure they don't expose themselves to legal liability. Employers should be on the lookout for potential warning signs of employee theft, investigate these fully, and carefully document all findings before confronting an employee. In the case of R v Sutcliffe, the defendant was convicted of theft after the defendant and others stole a lorry that contained cigarettes averaging around £683,000. The defendant was sentenced to 4 years.
Physical abuse is such abuse where one uses excessive force or physical harassment. The psychological abuse occurs through disrespect, harassment, ridicule, excessive stops, or intimidation. Finally, legal abuse is abuse that occurs during unlawful search and seizure or manufacturing evidence (Pollock, 2012). One source describes police corruption in eight different ways. They include: corruption of authority, kickbacks, opportunistic theft, shakedowns, protection of illegal acts, the fix, direct criminal acts, and internal payoffs (Roebuck &ump; Barker, 1974).
Because they have more time to become a larger and more skilled presence in communities, it will deter crime and will end up with more criminals being captured and brought to justice Another positive effect ID cards may have it that they will have the person’s fingerprints on them. This means that the police can stop people and immediately scan their card and cross-reference with the database to see if the fingerprints where linked to and unsolved crimes or cases. If people are given ID cards, it could solve many missing persons cases where the person has ran away from home. This is a positive effect because it means that missing family members can be found easier and returned safely to their homes. These can help to create a better relationship between the police and the local community because if this happens then people will be more confident in the police’s capabilities and people in their communities feeling safer and people will then become a helping hand for the police when it is needed.
1. Question: (TCO4) In a merchandising business, gross profit is equal to sales revenue minus: Your Answer: Instructor Explanation: Merchandising companies are those that buy products and resell them to the end consumer, so the cost of the product sold is usually their largest cost. Their income statement should start with revenues minus cost of goods sold equals gross profit. Points Received: 5 of 5 Comments: 2. Question: (TCO4) BMX Co. sells item XJ15 for $1,000 per unit, and has a cost of goods sold percentage of 80%.
Introduction How would 104 million dollars change your life? For most, it would make a dramatic difference. An ABC news article from 2012 lists a few major whistleblowers that blew the whistle on their employers and received millions of dollars. Bradley Birkenfeld, an ex-banker, was rewarded 104 million dollars from the IRS. Cheryl Eckard, a former employee of Glaxo Smith Kline was awarded 96 million dollars (ABC ARTICLE).
For pure comparative, plaintiff damages are totalled and then reduced to reflect their contribution. For example, is the plaintiff is awarded $1,000 and the judge or jury says the plaintiff is 25% responsible for the incident, the plaintiff will actually get $750. For modified comparative, the plaintiff will not recover if they are found to be equally or more responsible for the injury. This is the most common approach. There was an accident in which the plaintiff was injured and sued the defendant for $100,00 to cover the cost of his injuries.
The authors explore the ideas of collusion in the workplace and the controls put into place to avoid collusion. They analyze what could go wrong and the motivations and opportunities that are available to allow collusion to be executed in corporations. The author outlines the control efforts that are put into place as the redundant and compensating controls and notes there are more than just one preventative measures in place. By having more than one check point the controls have a system that not only prevents collusion but can also detect the presence of collusion. This source is relative to my paper discussing auditing collusion because it discusses collusion as a whole in a corporation.
The legal dictionary defines fraud as, “a false representation of a matter of fact” ((n.d.), 2008). This falsification can take many forms. Fraud can be spoken words, actions, ambiguous allegations, or concealment of material information. Fraud is generally understood as a dishonest act used for personal gain ((n.d.), 2008). Internal Fraud Internal Fraud is committed by a variety of individuals.
The Collapse of Enron Barbara Bonnema Post University The Collapse of Enron What led to the eventual collapse of Enron under Lay and Skilling? How did the top leadership at Enron undermine the foundation values of the Enron Code of Ethics? How did Enron’s corporate culture promote unethical decisions and actions? These questions are answered and explained with examples as follows: 1)There are several reasons that eventually led to Enron’s collapse: a) A corrupt leadership at the top. Numerous Enron executives were charged with criminal acts, including fraud, money laundering and insider trading.
1) What were the individual factors that contributed to the failure of Enron? Briefly explain two key factors. In the repercussion of Enron’s bankruptcy filing, numerous Enron executives were charged with criminal acts. Those charges were fraud, insider trading and money laundering. Enron was described as “House Of Cards” as it was built over a pool of gasoline.