List and briefly describe the three conditions for fraud

What will be an ideal response?

• Incentives/pressures — Management or other employees have incentives or pressures to commit fraud.
• Opportunities — Circumstances provide opportunities for management or employees to commit fraud.
• Attitudes/Rationalization — An attitude, character, or set of ethical values exists that allows management or employees to intentionally commit a dishonest act, or they are in an environment that imposes sufficient pressure that causes them to rationalize committing a dishonest act.

Business

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Frank asked a coworker for help on a project by saying, "I'm asking this as a friend. This is what friends do for one another. Can I count on you?" Frank is using which type of influence tactic?

a. rational persuasion b. personal appeals c. pressure tactics d. exchange tactics

Business

California's energy conservation disclosure requirements require that buyers of newly built homes receive a disclosure concerning the:

a. type of windows installed. b. gold star rating assigned to the property. c. energy consumption of the HVAC unit(s). d. R-value of insulation used.

Business