about growing up as a young child in America and learning the English language. She speaks about growing up as a writer and her mother ’s imperfect diction which had a major influence on her. On the other hand‚ In her essay‚ "Censoring Myself‚" Betty Shamieh talks about being an American playwright and having to censor herself because of how her work was viewed. Both authors explore the influence that their background had on their ability to express themselves. As individuals we should not be
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his comments are a readily accessible feature of his book‚ through the use of contrast and symbolism. The web article "Miss Betty Bowers" criticizes modern day celebrities and the Catholic Church through the use of exaggeration‚ puns‚ language and tone. The movie American Beauty is a strong criticism on the family structure and values of society in the 1990s. . Both "Miss Betty Bowers" and American Beauty are both extremely successful in making social comments by using satire to deliver their messages
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role played by Betty Vinson‚ the Director of Management Reporting and a key figure in enabling the type of illegal behavior WorldCom was involved in. Betty Vinson is a native of Jackson‚ Mississippi‚ and joined WorldCom in 1996 when she was 40 years old. WorldCom’s corporate headquarters‚ as well as finance department‚ were located in Jackson as well at the time‚ which was a large benefit to Vinson and her family. Although she had only been at WorldCom for a few years‚ Vinson had developed a
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CASE 3 : Accounting Fraud at WolrdCom Table of Contents Introduction....................................................................................................................... 1 Question 1 .......................................................................................................................... 2 Question 2 .......................................................................................................................... 4 Question 3 ..........................
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In 1998‚ Betty Vinson was promoted to a senior manager in the firm’s corporate accounting division. Two years later in her position she experienced a major ethical dilemma. The company WorldCom was a very successful company up until the middle of 2000 when the telecommunication industry entered a protracted slump. The company’s earnings were not Wall Street expectations‚ and it was saddled with unpaid bills. Vinson’s job was to repair the problem by doing some wrong accounting practices. The ethical
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ACCOUNTING FRAUD AT WORLDCOM Betty Vinson: victim or villain? Should criminal fraud charges have been brought to her? How should employees react when ordered by their employer to do something they do not believe in or feel uncomfortable doing? In discussing whether Vinson should been charged with criminal fraud‚ it can be analyzed from ethical perspective which can truly judge whether she was morally responsible for the wrong or not. In order to determine whether Vinson was morally responsible for
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influenced the actions of controller David Myers and director of general accounting Buford Yates. Most of the instructions to incorrectly adjust the financial information came directly from Sullivan‚ Myers and Yates. Lower level employees such as Betty Vinson and Troy
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Accounting Fraud at WorldCom 1) What are the pressures that lead executives and managers to “cook the books?” After the rapid evolution of the telecommunication industry in the 1990s‚ WorldCom shifted its strategy to focus on building revenues and acquiring capacity sufficient to handle expected growth. Their biggest goal was to be the No. 1 stock on Wall Street rather than capturing the market share. As a result‚ their Expense-to-Revenue (E/R) Ratio was their measurement for their main objective
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1. With such a difficult decision‚ the anonymous caller could either report the fraudulent financial statements or go along with top management and risk being caught or being blamed for the misstatements. It is possible that the caller would face legal trouble at some point in the future if she decided to sign off on the statements. If the bank were to discover the overstated financials‚ the extended credit would be immediately revoked. It is necessary for the caller to evaluate all of the
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Running head: CASE ANALYSIS OF THE ACCOUNTING FRAUD AT WORLDCOM Case Analysis of the Accounting Fraud at WorldCom Angela Crossley Troy University October 27‚ 2008 History The origin of WorldCom can be traced back to 1983. The CEO‚ Bernard J. Ebbers‚ of WorldCom had very interesting beginnings. He invested in Long Distance Discount Services (LLDS) with eight other investors‚ and believed that the telecommunications industry was a very good business venture. In the beginning
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