Question 5

Question 1

Employees who cheat on their expense accounts usually do so by one of four methods:

1. Mischaracterized expenses. Employees produce legitimate documentation for nonbusiness-related transactions. Example: taking a friend to dinner and charging it to the company as "business development."

2. Overstated expense reports . Employees inflate the amount of actual expenses and keep the difference. Example: altering a taxicab receipt from $10 to $40.

3. Fictitious expenses. Employees submit phony documentation for reimbursement. Example: producing a fake hotel bill on a home computer.

4. Multiple reimbursements. Employees copy invoices and resubmit them for payment more than once. Example: copying an airline ticket and claiming the cost again on next month's expense reimbursement.

For each type of expense account fraud, offer a creative control mechanism that you would implement to eliminate that type of scheme. Explain your responses.

Question 2

In the reading for this module, author Rick Newman writes that employees who demonstrate "multidisciplinary agility" have a competitive edge and that "learning new skills is anything but a temporary assignment." For this discussion post, first decide which general education skill covered in the Seminar courses to this point (communication, critical thinking, or information literacy) provides the biggest competitive edge in your field. Then, explain why you feel it provides such a competitive edge, and how you can continue to improve in this area after graduation. Also consider and share employer-desired soft skills, and how they will provide a competitive edge specific to your future career.

For example, if you are a Criminal Justice student, you might decide that Communication is the general education skill that provides the biggest edge to employees. Then, you might write about the increasing importance of written communication as it relates to increased technology available to those in the field.

Question 3

For your initial post, comment on the following questions.

· What is the current macroeconomic situation in the United States?

· What should the Fed do about it?

· What monetary policy tools should the Fed use to achieve the results you recommend?

Question 4

Often times, we as humans tend to gravitate to music that is familiar to us. Although we have a variety of music to choose from, rarely to do we try a genre of music that is new to us.

Listen to a song from a genre of music that you are not familiar with (Country, Classical, Rap, Pop, R&B, etc.) and share what you were most surprised about regarding this genre.

Remember to share the:

· Title of the song or musical piece

· Artist or composer

· Year the song or piece was made

· Genre of music the piece falls under