Which of the following is an example of output fraud?
◦ A man used desktop publishing to prepare bills for office supplies that were never ordered or delivered and mailed them to local companies. The invoices were for less than $300, an amount that often does not require purchase orders or approvals. A high percentage of the companies paid the bills.
◦ Two accountants without the appropriate access rights hacked into Cisco’’s stock option system, transferred over $6.3 million of Cisco stock to their brokerage accounts, and sold the stock. They used part of the funds to support an extravagant lifestyle, including a $52,000 Mercedes-Benz, a $44,000 diamond ring, and a $20,000 Rolex watch.
◦ The office manager of a Wall Street law firm sold information to friends and relatives about prospective mergers and acquisitions found in Word files. They made several million dollars trading the securities.
◦ A fraud perpetrator scanned a company paycheck, used desktop publishing software to erase
the payee and amount, and printed fictitious paychecks.
Cardiac Output
Warning signs of fraud.
Possible Sources of Differences in Output per Worker
Inferring Productivity from Data on Output and Factor Accumulation
Role of Factors of Production in Determining Output per Worker, 2009
Find the factor demand for labour and the amount of output it will produce. Show all ...