Describe Three Typical Forms of Inspections and Typical Performance Standards

question 8

Essay

Describe three typical forms of inspections and typical performance standards. Discuss their value for law enforcement agencies.

Understand the reasons behind the weak social control over white-collar deviants.

Distinguish between common and unique aspects of government official and white-collar deviance.

Understand the government's limitations in combating white-collar deviance and the implications thereof.

Differentiate between corporate and occupational deviance and understand the methods used for gaining compliance in corporate deviance.

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Definitions:

Subsidiary

A company that is controlled by another company, called the parent company, through the ownership of more than half of its voting stock.

Control Premium

An additional amount paid over the fair market value of a company to acquire a controlling interest in it.

Full Goodwill Method

An accounting approach where goodwill is calculated as the difference between the purchase price and the fair value of the identifiable net assets of the acquired entity, including the non-controlling interest's share of the net assets.