1. Below is the Fraud Triangle. Address how the elements of the fraud triangle relate to...

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1. Below is the Fraud Triangle. Address how the elements of the fraud triangle relate to David Myers and WorldCom. | Incentive or pressure Attitude or rationalization Opportunity Adapted from Occupational Fraud and Abuse, Joseph T. Wells, Obsidian Publishing Company, 1997 2. Early on, David Myers says he believed he was engaging in aggressive accounting rather than outright fraud. Do you believe there is a difference between the two? How would you determine when an action crosses an unacceptable ethical line? 3. While David Myers bears some individual responsibility, there were also managerial and cultural factors that contributed to the fraud. What changes in WorldCom's culture might have prevented fraud from occurring? 1. Below is the Fraud Triangle. Address how the elements of the fraud triangle relate to David Myers and WorldCom. | Incentive or pressure Attitude or rationalization Opportunity Adapted from Occupational Fraud and Abuse, Joseph T. Wells, Obsidian Publishing Company, 1997 2. Early on, David Myers says he believed he was engaging in aggressive accounting rather than outright fraud. Do you believe there is a difference between the two? How would you determine when an action crosses an unacceptable ethical line? 3. While David Myers bears some individual responsibility, there were also managerial and cultural factors that contributed to the fraud. What changes in WorldCom's culture might have prevented fraud from occurring?

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The image displays the Fraud Triangle which is a model for explaining the factors that cause someone to commit occupational fraud It consists of three ... View the full answer