Which of the Following Was a Parallel Between the Pinto

question 6

Multiple Choice

Which of the following was a parallel between the Pinto case and the Film Recovery Systems case?

• A) they both received extensive publicity and nationwide debate
• B) in both cases the corporations were found guilty in a court of law
• C) they both involved overzealous prosecutors who sought fame and money
• D) they both brought to trial due to intense public outcry to hold the corporation accountable for their acts

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Definitions:

Internal Controls

Steps and guidelines set by a business to secure the trustworthiness of its financial and accounting information, promote ethical accountability, and inhibit fraud.

Establishment of Responsibility

An accounting control principle that ensures tasks are assigned to individuals in a way that accountability can be determined.

Segregation of Duties

A risk management and control strategy that divides tasks among different people to reduce the risk of fraud or error.

Cash Register

A cash register is a mechanical or electronic device for registering and calculating transactions at a point of sale, equipped with a drawer for storing cash.