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Circle of Trust Scenario

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You get into the circle of trust by doing things that let the employees know they can confide in you, without retaliation. As great as it all seems, if an employee knows that their biggest risk is losing their source of income, they're not going to confide, no matter how much they trust you. The auditor needs to let employees know that their identity will be protected to the utmost extent possible, which will immediately begin building the circle of trust. Today's times are tough for many people and the salaries at various jobs are lower than they have been in the past. For an employee to begin talking about wrongdoing, they need to know they'll still have a job, and more so, they need to know they'll still have a job where they won't be continually harassed for talking to the auditor about wrongdoing that's taking place.

What types of evidence would you need to determine whether someone has intentionally or unintentionally committed fraud? As an auditor for Franken's Markets, you have discovered fraudulent activities. In your previous discussions with management. No one with the Franken organization identified fraudulent behavior or activity, and any questions relating to such matters were met with defensive behavior. How would you address this situation? Describe the role that the objective setting process plays in how and if auditing objectives are met. What are some steps you can take to ensure that you consistently meet the objectives of an audit?

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What types of evidence would you need to determine whether someone has intentionally or unintentionally committed fraud?

To determine if fraud has taken place, our best evidence would be evidence that can be seen or checked through documentation sources. This is also the main reason why it's crucial that management retain accurate, dependable source documents. Management oftentimes becomes haphazard with document retention or with creating a document trail that provides useful as an audit trail. When we can see from documents that fraud has taken place, it gives the ...

Solution Summary

This solution discusses the auditing circle of trust and evidence that is needed to determine if fraud has occurred.

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Develop three scenario overviews relating to global population growth

Read "Taking the Long View: Scenario Planning Puts the Future into Perspective" from The Rocky Mountain Institute Newsletter, Fall/Winter 1995. I attached A PDF version of this article

This article will introduce you to the concept of scenario planning.
? Develop three scenario overviews relating to global population growth -- one disastrous, one hopeful, and one complete wildcard (the reading will explain about wildcards).
Cite the environmental impacts of each scenario. Be creative. Be brief, but provide enough detail so that your scenarios represent well-thought-out future possibilities

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Select one area that you believe is of serious concern to the United States and to the welfare of this and future generations. The areas to be considered are:
1 Energy usage (electricity)
2 Water usage
3 Solid Waste
4 Hazardous Materials Generation (chemical cleaners, personal care products, lawn/car care products)
5 General Consumption (food, material goods, gasoline)
6 Forest
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Your team will assume the role of an advertising team whose task it is to create a fifteen- to thirty-second television "spot" (advertisement) as a means of increasing public awareness on one of the three air pollution issues explored in this lesson. Be creative and have fun with this.
a. Write final script
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c. Review and edit
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e. Submit final graphic.
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For example: The ad might open with the spoken statement, "We have only one Earth" in a child's voice, and on the screen would be a child's drawing of the Earth. The storyboard would show this scripted language alongside a sketch or description of the on-screen graphic. The storyboard would depict the flow of spoken words and on-screen graphics in this way. Or, if you'd like to go one step further, create your spot as a PowerPoint presentation.

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3. Energy
4. Solid waste
5. Residential/commercial building
6. Food production/distribution
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For example, when designing an overview for water, you could consider the following questions:
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• What social behaviors are required, either voluntarily or by regulation, to make this system work?

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