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Need solution for Week 3 Tutorial of HI5019 Holmes

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HI5019 SIS for Business and Enterprise Week 3

Students can move on to the questions for the week 3 once they have uploaded the solution for week 2 tutorial. Students have been provided with tutorial material in order to learn the concepts and answer these questions.

Questions for Interactive Tutorials

  1. Distinguish between ethical issues and legal issues.
  2. “When a company has a strong internal control structure, shareholders can expect the
    elimination of fraud.” Comment on the soundness of this statement.
  3. Distinguish between employee fraud and management fraud.
  4. If detective controls signal error flags, why shouldn’t these types of controls automatically
    make a correction in the identified errors? Why are corrective controls necessary?
  5. Discuss the fraud scheme of bribery, illegal gratuities and economic extortion.

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