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In: Accounting

What are some of the most important specific strategies for responding to three of the following...

What are some of the most important specific strategies for responding to three of the following forms of residual white collar crime: state-corporate crime, finance crime, technocrime, enterprise crime, contrepreneurial crime, and avocational crime?

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Ans:-

There are numerous instances of white collar crime; comprising but not restrained to:

State- corporate crime, finance crime, technocrime, enterprise crime, contrepreneurial crime, and avocational crime, taxation fraud, identity stealing, defalcation, and yet environmental law-breakings.

As there are numerous kinds of what is believed white collar crimes, there are as well numerous strategies and function which could be put through to enhance consciousness of such crimes.

One technique, which is long-familiar, is pertained to as Crime Prevention through Awareness and procedural design (CPTAPD). This technique employs a quotation by Edwin Sutherland as a point of reference in expressing: that white collar crime can occur "if and only if, the burden of auspicious definition to law-breaking goes past the burden of the Unfavorable definitions."

This reinforces center point that a human will entirely commit a law-breaking if they conceive that the welfare outbalance the dangers.

An organization must keep this in judgment when applying strategies and methods to bring up cognizance by constituting the focus of attaining the objective of evidencing that the dangers outbalance the advantages.

This can be accomplished by techniques like :

1. Making a plan for fraud cognizance for all workers in the organization.

2. Engaging a third party organization forensic controller to look for incompatiblities and faults in accounting system.

3. Comprising contents and reports concerned white collar crime in broadcasts, magazines or bulletins of the organization.

4. Study about marketers prior to make purchases.

5. Some of the strategy choices for reacting to white collar crime could comprise ending of work and criminal prosecution.


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