The Fraud at Tyco Included Each of the Following Acts

question 55

Multiple Choice

The fraud at Tyco included each of the following acts except for:

• A) Benefits given to certain members of the board of directors to secure their silence about the fraud
• B) Corporate assets used by members of top management for personal purposes
• C) Setting up special-purpose-entities to keep debt off Tyco's books
• D) Related party transactions that were not adequately disclosed

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Definitions:

360-degree Feedback

A performance appraisal process where an employee receives feedback from all directions - supervisors, peers, and subordinates.

Performance Appraisals

The systematic evaluation of an employee's job performance and overall contribution to an organization, typically involving the assessment of various criteria.

Passive Employees

Workers who tend to follow directions without active engagement, rarely initiating action or expressing opinions in the workplace.

Emotional Development

The process through which individuals gain awareness of their emotions, understand how to express them, and learn how to manage both positive and negative feelings effectively.