1. You were asked to access the Fraud Magazine as a source for current events materials and information for our course. Select one featured article from the current issue and summarize the article in no less than one paragraphs and no more than two paragraphs.
2. You were asked to review the evolution and authorship of the Fraud Triangle and consider the practical uses of the fraud triangle from the Fraud Magazine Article. Explain what is "new" about the New Fraud Triangle Model, and the practical uses of the fraud triangle from the "Getting Ahead of the Risk" article. Your explanation is to be no less than one paragraphs and no more than two paragraphs.
Readings - Short Answer Questions
The topics of Asset Misappropriations, Skimming, and Cash Larceny. You had required readings for these learning topics.
1. You were asked to read "Building a Robust Fraud Prevention Program" through a company example as reported in a Fraud Magazine article. Summarize the article in no less than one paragraph and no more than two paragraphs.
2. You were asked to read the Fraud Prevention Checkup. What are the seven categories that make up the Fraud Prevention Checkup? For one of the seven categories, summarize in no less than one paragraph and no more than two paragraphs what score you would give your organization you work for (or UMUC if you do not work) and why you would allocate that score.
3. You were asked to read the Institute of Internal Auditors (IIA) resource for professionals concerned with Fraud Detection and Deterrence. What was the guidance provided by the IIA? Your explanation should be no less than one paragraph and no more than two paragraphs.
4. You were asked to read The Tone at the Top. What are the six signs of a Toxic Corporate Culture, and explain each one in detail. Have you personally experienced any of these six signs? Your answer should be no less than one paragraph and no more than two paragraphs.