Imagine that you are in Rakefet’s situation. You are facing the reality of this context: a criminal probe, a pension liability, social protests in Israel, and poor internal results. What are your first steps?
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Imagine that you are in Rakefet’s situation. You are facing the reality of this context: a criminal probe, a pension liability, social protests in Israel, and poor internal results. What are your first steps?
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- You may have heard that Social Security is in danger of failing. Why? Is the sky falling? What might be done to correct the situation? Use some of the things that you have learned in this chapter to come up with some Ideas to fix Social Security.Why do "ethical violations end careers"?Why does the Social Security system face a crisis? Are there real assets in the Social Security Trust Fund that can be used to pay future benefits? Will the trust fund help avert higher future taxes and/or benefit reductions when the baby boomers retire? Why or why not?
- Please describe a time when you were faced with a personal dilemma regarding whether to blow the whistle on a wrongdoing. Some examples of a wrongdoing are witnessing cheating on an exam, witnessing someone trying to steal, noticing someone trying to take advantage of another, and completing a project at work without recording time spent in order to meet time constraints. Who were the stakeholders in the situation and how were they impacted by the wrongdoing? How did rationalization encourage the wrongdoer to follow through with their wrongdoing? What did you do and why? Case scenario: for someone working but not clocking in How would this fit under this dilemma? Please explain:Please describe a time when you were faced with a personal dilemma regarding whether to blow the whistle on a wrongdoing. Some examples of a wrongdoing are witnessing cheating on an exam, witnessing someone trying to steal, noticing someone trying to take advantage of another, and completing a project at work without recording time spent in order to meet time constraints. Who were the stakeholders in the situation and how were they impacted by the wrongdoing? How did rationalization encourage the wrongdoer to follow through with their wrongdoing? What did you do and why?There is no doubt that many children have been harmed by social media. However, some would argue that bills like the Stop CSAM would have a chilling effect on free speech and result in many frivolous lawsuits. Are you in favor of this law? Why or why not? Consider the StopCSAM law from one or more workable ethical theories, such as social contract theory, utilitarianism, or Kantianism. Which theory or theories would support passage of this bill into law? Explain your thoughts.
- Research the case against Bernie Madoff who was convicted in 2009 for running the largest Ponzi scheme in U. S. history. Do you think that Bernie received a sentence that was fair? Most importantly, research David Friehling, Bernie's auditor. Discuss what David Friehling's role was in this scheme. What outcome occurred from the legal action taken against Friehling.Answer the following based on the image of the scenario A-Help management understand the issue from Jack’s perspective. Describe the ethical dilemma that Jack faces. What is the issue? Who are the parties involved? If you were Jack, what would you consider when making a decision? B-Help management understand the elements of the fraud triangle in this situation which increase the chances of fraud. Why is this fraud? What are the opportunities, motivations and rationalizations that you see? How does this affect the business financially? C-Help management come up with a plan to minimize the likelihood of this happening in the future. Be sure to mention specific components of the COSO framework.Quite often, people may face situations that put them in an ethical conflict. The best way to cope with this is ________. Question 22 options: A) to develop a personal code of ethical conduct about what is right and wrong B) to use the "golden rule" C) to do what makes the largest number of people happy in the situation D) to do nothing and ignore the situation E) to act the same way you have seen others act in similar situations
- Agree or disagree with Rawls that people do not deserve their natural endowments? How much does the right zip code determine your success in life? What is justice to Rawls? Agree or disagree you agree? Discuss why, or why not?A distressed student is suing his college, claiming that his accounting instructor is a sorceress of evil trickery. The school's legal advisors cannot reasonably estimate the amount the school may have to pay in damages for the student's extreme pain and suffering. The advisors do believe there is a high probability the college will lose the case and need to pay damages to the traumatized student. This represents a: a.necessary part of taking any college-level accounting class. b. known liability that should be ignored. c. contingent liability that should be journalized. d. contingent liability that should be disclosed in the financial statement notes.If employee-investors are unsophisticated and unlikely to be materially influenced by educational efforts, the best way to improve the welfare of employee-investors is pension design. Please discuss and provide references and examples.