Question: What is the difference between fraud and an innocent error? (For more on different types of fraud, see the Department of Justice's Fraud Section and

  1. What is the difference between fraud and an innocent error? (For more on different types of fraud, see the Department of Justice's Fraud Section and Accounting and Auditing Solutions' Fraud and Error handout)
  2. How would you detect fraud, that is, what framework would you use, deontological or teleological or both, to detect fraud? (For good definitions and examples of these ethical frameworks, see Wofford College's Ethical Theory and Learn Liberty's Getting Good Results vs. Doing the Right Thing)
  3. With all the advances in technology to detect and prevent fraud, why is fraud a growing problem?
  4. If all acts of fraud or wrongdoing can be detected and penalized one day, would business ethics still be important? Why or why not?

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