Question

In: Finance

_________ occurs if a disgruntled employee convinces another to steal from the company. A) The control environment B) Collusion C) A control activity D) Monitoring

_________ occurs if a disgruntled employee convinces another to steal from the company.

A) The control environment

B) Collusion

C) A control activity

D) Monitoring

Solutions

Expert Solution

The option (B) is right option.

Hence the correct option is "B" Collusion.

 

Explanation:

When two peoples or more who worked as an employees in the company combine together to misuse their position or power to obtain any personal advantage, then it is called as collusion

 

Hence the correct option is "B" Collusion.


Hence the correct option is "B" Collusion.

Related Solutions

Entity-Level Controls from AS5 A. Access control and monitoring software. B. Budgetary controls. C. Report highlighting...
Entity-Level Controls from AS5 A. Access control and monitoring software. B. Budgetary controls. C. Report highlighting credit sales, returns, and allowances over the complete and entire reporting period, including 30 days after the close of a financial reporting period. D. Use of control frameworks such as those provided by COSO and COBIT. E. A report of all employees not taking required vacation days. F. Development of a business interruption plan. G. Program change controls. H. Supervision. 1. Controls related to...
Activity Predecessor Activity Duration in Weeks A ---- 3 B A 5 C A 7 D...
Activity Predecessor Activity Duration in Weeks A ---- 3 B A 5 C A 7 D B 10 E C 5 F D, E 4 Using the Critical Path Method (CPM), find the critical part, activities, and the date to finish the project (Gantt Chart would help). I would really appreciate excel screenshots!
Imagine that a coworker wants to circumvent an internal control to steal money from your company....
Imagine that a coworker wants to circumvent an internal control to steal money from your company. Speculate on two (2) internal controls that your coworker might attempt to circumvent in order to steal the money. Recommend two (2) actions that the company could take in order to prevent the theft. o   Outline an anti-fraud program that you would implement at your company (current or previous). Suggest the approach you would take to sell this program to your senior executives.
List what the a.) independent and b.) dependent variables are and c.) experimental and d.) control...
List what the a.) independent and b.) dependent variables are and c.) experimental and d.) control group are in the following study. A study wanted to look at the effects of coffee on students' performance in school. The researchers gave one group of students one cup of coffee a day and gave another group a glass of warm water.
1. Most violent crime occurs between      A. juveniles. B. strangers. C. criminals. D. intimates. 2....
1. Most violent crime occurs between      A. juveniles. B. strangers. C. criminals. D. intimates. 2. Violence is _______ in some subcultures, according to the subculture of violence thesis.      A. used as a last resort B. neither celebrated nor stigmatized C. a sign of maturity D. not associated with guilt 3. Which of the following statements regarding corporate crime is true?      A. Many corporations are violators. B. The most common punishment is prison. C. Corporate crime happens infrequently....
1.            Determine whether the function f from { a, b, c, d } to {a,...
1.            Determine whether the function f from { a, b, c, d } to {a, b, c, d, e} is injective (one-to-one), surjective (onto) and/or bijective (one-to- one correspondence) : f(a) = a,            f(b) = c,            f(c) = b, f(d) = e a. Is this function injective?              . surjective?              . bijective?              . If your answer is no for any of the above, explain:             b. Is there an inverse for this function?              . c. Is the composition f...
A company operates four machines (A, B, C, D) in three shifts each day. From production...
A company operates four machines (A, B, C, D) in three shifts each day. From production records, the following data on the number of breakdowns are collected. Is there sufficient evidence to conclude that that breakdowns are independent of the shift? (1 pt) A B   C D Shift-1 41 20 12 16 Shift-2 31 11 9 14 Shift-3 15 17 16 10
Plasma hypocalcemia would stimulate the activity of   A. Osteoclasts B. Osteogenic cells C. Osteoblasts D. Calcitonin
Plasma hypocalcemia would stimulate the activity of   A. Osteoclasts B. Osteogenic cells C. Osteoblasts D. Calcitonin
10. Briefly describe: a. Anaerobic glycolysis: b. Ketogenesis: c. Where lipogenesis occurs: d. How fatty acids...
10. Briefly describe: a. Anaerobic glycolysis: b. Ketogenesis: c. Where lipogenesis occurs: d. How fatty acids are anabolized (built): e. How glycerol is anabolized: f. How triglycerides and phospholipids are anabolized:
A, B, C and D are the directors of AK Bhd (the company). They were appointed...
A, B, C and D are the directors of AK Bhd (the company). They were appointed as directors two years ago. C is the managing director of the company. Two weeks ago, C, who is now 71 years old, entered into a contract on behalf of the company to purchase office stationery from the company supplier, Omos Sdn Bhd, at a price of RM100,000. Last week, following an argument among the directors at a board meeting, B, C and D...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT