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Question - Mr Smith has been working hard for the last ten years in MarksPush Limited, and he has requested frequently his immediate boss and other concerned officers to consider himself for the promotion. Even though some other junior workers are promoted, the promotion requests of Mr Smith are always ignored. Finally, Mr Smith decided to resign since he thought he was not fairly treated and therefore not promoted. He has secured a similar job in XYZ Limited, one of MarksPush Limited's competitors, based on his qualification and competency. Mr Smith understands that the IT department of MarksPush Limited is not efficient, and there are no defined procedures for the account and passwords of terminated employees. Mr Smith further confirmed that his account and password for MarksPush Limited were still active. Using these details, Mr Smith accessed, copied and brought many innovative engineering designs from MarksPush Limited to XYZ Limited.
Required -
a. Based on the given information, identify and explain the type of fraud that has taken place. Explain 150 words.
b. What must have motivated the employee to commit the fraud? Explain your answer. Explain 150 words.
c. List and explain in detail two contributing factors to the type of fraud that had taken place. Explain 100 words.
Suppose Amazon stock is trading for $ 530 per share, What is the maximum possible price of a call option on Amazon
Use the following information to complete Phillip and Claire Dunphy's 2012 federal income tax return. If information is missing, use reasonable assumptions to fill in the gaps. Ignore the alternative minimum tax for this problem.
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