RESTORATIVE JUSTICE Suggests That We Should

question 9

Multiple Choice

RESTORATIVE JUSTICE suggests that we should

• A) Ignore who caused the harm.
• B) Engage people in a process designed to address their needs.
• C) Use retribution to make things right for the perpetrator.
• D) Ask the victim of the crime to accept responsibility for the crime.
• E) All of the above.

Explain the implications of Sarbanes-Oxley Act on internal controls and financial reporting.

Identify factors influencing a business's control environment.

Understand the concept, establishment, and use of a petty cash fund.

Understand the concept and utility of Electronic Funds Transfer (EFT) in business transactions.

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Definitions:

Shareholder's Derivative Suit

A lawsuit brought by a shareholder on behalf of a corporation against a third party, often the corporation's executives or directors, alleging harm to the corporation.

Reasonable Supervision

The oversight effort expected from a person in a supervisory role to ensure subordinates are performing tasks lawfully and ethically.

Corporate Employees

Individuals who work for a corporation and are often subject to its policies, benefits, and regulations.

Environmental Statutes

Laws enacted to protect the environment from pollution and to regulate natural resource usage.