Calculate the total estimated amount of fraud

Assignment Help Business Law and Ethics
Reference no: EM131073538

Your training includes a comprehensive review of the ACFE Report to the Nation, the FBI and National White Collar Crime Center, and other organizations that provide reports and information on white-collar crime.
Report to the Nation

Download the latest Report to the Nation on Occupational Fraud and Abuse. This report gives a projection of the cost of fraud based on the percent of revenue. Explain this in terms of an example for an individual company with revenues of $25 million and net income of $3 million.

Calculate the total estimated amount of fraud and the percentage that the total sales must grow just to cover the fraud.

Also, note which type of fraud categories had the most frequent and the highest loss. Identify the industries with the most frequent and highest losses because of fraud.

Review the FBI and or the National White Collar Crime Center Web sites, and select a fraud category for further discussion. Prepare a brief summary noting how serious the problem is today.

Reference no: EM131073538

Questions Cloud

What would be your recommendation regarding use of plastic : In your closing remarks, include a short catchy phase, slogan, poem, or any other creative statement to emphasize your point of view
Architecture is suitable for ft based systems : Which operating system architecture is suitable for FT based systems?
What is the after tax cost of debt for this firm : Suppose you are trying to estimate the after tax cost of debt for a firm as part of the calculation of the Weighted Average Cost of Capital (WACC). The corporate tax rate for this firm is 37%. The firm's bonds pay interest semiannually with a 5.2% co..
Multiplexer and a statistical multiplexer : Can someone please tell me the main difference between a multiplexer and a statistical multiplexer?
Calculate the total estimated amount of fraud : Download the latest Report to the Nation on Occupational Fraud and Abuse. This report gives a projection of the cost of fraud based on the percent of revenue. Explain this in terms of an example for an individual company with revenues of $25 milli..
Micro-economic feedback : Your state plans to adopt a tuition tax credit for college students. How would you estimate the revenue impact of this provision? How would the decisions to use static, micro-economic feedback, or dynamic approaches influence your estimate?
Consultant for business csu ecommerce consulting services : It is your role within the company to respond to customers that have lodged an eCommerce query that requires action. All clients that you are directed to respond to have an ongoing relationship with your company and have pre-paid blocks of time for..
Draft the preliminary details of a research proposal : A research report is all about selling your idea to those finding it valuable and worthwhile. One way to retain the attention of the intended audience is to ensure the research report at least is as valid and reliable as the research allows it to..
Incomes of the professor and gilligan : The Professor stored 100 of his coconuts in his hut for consumption at some future time. Gilligan consumed all his coconuts and fish. In terms of fish, what is the GDP of Gilligan's Island? What are consumption and investment? What are the incomes..

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  How jail populations are different from prison populations

Describe how jail populations are different from prison populations. Explain how first-, second-, third-, and fourth-generation jails are different. What might happen if jail staff do not conduct themselves as professionals

  What skills does a non-legal person need as an employee

Consider how the world of business interacts with the legal realm. What skills does a non-legal person need as an employee

  Is clean water a public good

Is clean water a public good?Can water generally be consideredto be a public good?(Hint consideration the de?nition of a public good)

  Brief description of at least two factors that might impede

A brief description of at least two factors that might impede or facilitate offender reentry and reintegration and explain how and why they do so. Be specific and use specific examples to illustrate your explanation.

  Ater the september 11 2001 terrorist attacks on the

after the september 11 2001 terrorist attacks on the united states significant change occurred in how the nation

  Redeemable desire discuss funds associated

The main city associated with ABC Ltd. is ' 50 lakhs, composed of Money Discuss Funds associated with ' forty five lakhs in addition to Redeemable Desire Discuss Funds associated with ' 10 lakhs. The particular personal preference share investment ca..

  Imagine a situation where you are paired up with a coworker

imagine a situation where you are paired up with a coworker to complete a very important project for your company. the

  Explain criminal behavior in times of economic depression

Define and discuss in detail anomie, strain, and social bond theories. Do you believe these theories explain criminal behavior in times of economic depression

  An effect on the causation of crime

Discuss how biological, sociological, and psychological theories can have an effect on the causation of crime. Do you think that biological, sociological, and psychological theories are intertwined or work mutually exclusive of one and other in the c..

  Write a 700- to 1400-word paper in which you analyze the

write a 700- to 1400-word paper in which you analyze the rationale and purpose of the exclusionary rule as well as

  Discuss the functions and role of law

Write a 700- to 1,050-word paper in which you define the functions and role of law in business and society. Discuss the functions and role of law in your past or present job or industry. Properly cite at least two references from your reading. For..

  Additional resources may include legal opinions available

healthcare reform is a timely highly debated issue. the part of the affordable care act aca that identifies employer

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd