Which of the following is a reason why a forensic accountant uses data mining?
A) to generate population of data based on a small sample
B) to collect observations that may be presented as evidence of misrepresentation of information
C) to reduce a large number of observations to a smaller number that can be examined more closely
D) to assist in providing random samples from a large set of data
C
Explanation: C) The forensic accountant uses data mining to reduce a large number of observations to a smaller number that can be examined more closely.
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Define and explain how EBPP systems work. Describe each of the main EBPP business models
What will be an ideal response?
Refer to Additional Case 4.1. David most likely believes that:
Additional Case 4.1 As the Director of HR, David is leading a management discussion to plan and implement a diversity management program. David is concerned that management, while tolerant, tends to stereotype minorities and this will eventually lead to difficulties for the firm. The company's top three markets are in Los Angeles, Chicago, and Miami. All three markets are heavily Latino in make-up. The senior management team is all male. The youngest member is 58 years of age. Martinez, the VP of Operations, feels that people should blend together and that focusing on differences merely creates divisions. He thinks that you should have a common training program to create a unified "American" company culture. Patrick, VP of Finance, doesn't see the need for a program. He respects that people are different, but he feels that once you get to know a Hispanic, African-American, or Asian-American, you know how to work with any Hispanic, African-American, or Asian-American. Moreover, Patrick doesn't believe the company should get into affirmative action programs. The firm tried it ten years ago, and it created many problems. Simon, the CEO, thinks a diversity management program is important. He believes the company is missing some important talent without such a program. Simon feels that the company can create a competitive advantage by being in the lead on this issue and also believes the changing workforce is going to require adjustments in the future. A) affirmative action programs have improved communication and retention rates within the firm. B) a diverse workforce would improve the firm's ability to compete in multicultural markets. C) diversity management is not a long-term issue for the company. D) minority shareholders are disappointed with the firm's direction.