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
- Distinguish between ethical issues and legal issues.
- “When a company has a strong internal control structure, shareholders can expect the
elimination of fraud.” Comment on the soundness of this statement.
- Distinguish between employee fraud and management fraud.
- 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?
- Discuss the fraud scheme of bribery, illegal gratuities and economic extortion.