The Best Explanation Why the Fraud at Tyco Was Not

question 5

Multiple Choice

The best explanation why the fraud at Tyco was not discovered and acted on is:

• A) Failure of the corporate governance system
• B) External auditors told management to let the fraud go
• C) Tyco management hid the fraud from the auditors
• D) The fraud was not material

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Definitions:

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“New” Ideas

Innovative or original thoughts that have not been previously considered or explored.

Constructive Questions

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Evidence-Based Management Model

A decision-making process that relies on critically evaluating and applying the most current and relevant data and research to managerial decisions.