One of the Biggest Lessons Learned by Studying Cases of Financial

question 13

Multiple Choice

One of the biggest lessons learned by studying cases of financial statement fraud is that:

• A) Management will always have the power of greed behind them.
• B) Only fools believe in fraudulent financial statements.
• C) Auditors can only certify financial statements if they are paid off.
• D) People who are making money from fraudulent financial statements want to believe in them.

Grasp the benefits and limitations of performance-based and skill-based pay models.

Identify the principles of scientific management ("Taylorism") and its focus on efficiency.

Comprehend individual and team-based performance pay plans and their effectiveness.

Recognize job design strategies (job rotation, enlargement, enrichment) for enhancing work satisfaction and performance.