To Whom Did the Internal Auditor at WorldCom Express Concerns

question 161

Multiple Choice

To whom did the internal auditor at WorldCom express concerns?

• A) No one; the head of internal audit was indicted as well
• B) Scott Sullivan
• C) Audit committee and the board
• D) Both b and c

Apply Skinnerian principles to real-life situations and educational settings.

Reflect on ethical considerations in behavior control and modification.

Understand the basic concepts of observational learning and modeling according to Bandura.

Recognize the importance of behaviors being either rewarded or punished, and how this influences observational learning.

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Definitions:

Price-Cutter

An individual or company that significantly reduces the prices of goods or services, typically to attract more customers or to outcompete rivals.

Naked Horizontal Restraint

An antitrust term referring to an agreement between competitors at the same level of the market structure to limit competition among themselves, such as price fixing or market division.

Rule Of Reason

A doctrine used in antitrust law to determine if a business practice is reasonable and therefore legal, focusing on its effect on competition.

Per Se Rule

A legal doctrine declaring that certain actions are inherently illegal and do not require detailed proof of harm or anti-competitive effect to establish their illegality.