make his major customer happy Pomerantz had to approve significant markdowns in Leslie Fay’s wholesale prices and grant those customers large rebate. In 1993‚ Donald Kenia‚ the company’s controller‚ took full responsibility for a large accounting fraud revealed to the press by John Pomerantz. Leslie Fay’s earnings had been overstated by approximately $80 million from 1990-1992 and about $130 million entries were fake. Upon the investigation of the Audit committee it was found out some audit tricks
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actions and events become essential and highly influential pieces of the larger picture. It is the same with World War II. In hindsight‚ it is possible to look back and proclaim that although nationalism‚ colonialism‚ and communism all played important roles in World War II‚ nationalism was the most critical in acting as a casual factor and left the greatest impact. Before being able to recognize these significant components in World War II‚ it is vital to define them. Colonialism is defined as‚ “Control
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Medicaid Fraud HCS/545 July 9‚ 2012 Medicaid fraud comes in many forms. A provider who bills Medicaid for services that he or she does not provide is committing fraud. Overstating the level of care provided to patients and altering patient records to conceal the deception is fraud. Recipients also commit fraud by failing to report or misrepresenting income‚ household members‚ residence‚ or private health insurance. Facilities have also been known to commit Medicaid fraud through false billing
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Throughout the United States there is a statute that determines a time limit on prosecuting certain kinds of legal actions‚ including rape.The Statute of Limitations on rape varies throughout the United States‚ and in most cases‚ it takes time to catch the perpetrators of such heinous acts. Often‚ the time limit set by a state’s statute runs out‚ and a person can never get justice for the crime committed upon them. The 28th amendment should abolish the Statute of Limitations on rape throughout the
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What role does “failure “playing in learning? According to Roger Von Oech‚ the author of “ToErr IsWrong”‚shows us at least two reasons about failure. The most common aftermath that a human being must face in life is their failure. There are two types of failures‚ errors and mistakes. The most important thing is how we learn and are able to benefit from our previous failures. I agree with Von Oech that having mistakes‚ errors and failures are necessary. If people who can handle failures in a positive
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Motives for the cheats The motives for fraud are clear‚ it’s a financial crime. People can not pay the bills. They figure stealing from an insurance company which is big and greedy is no great moral wrong and no one will miss the money. However‚ even if the company is big and greedy it is still wrong. How people get caught by an insurance company Fraud units at insurance companies are experts. But the reason people get caught are for obvious reason. People make stupid mistakes. However‚ as a word
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The Role of Guilt in Macbeth In the story Macbeth fears what will happen to him in the life to come‚ with thoughts of an undetermined destiny which worry him while his evil deeds may come back to him. Mixed emotions run through Macbeth’s mind as he is mid-struck between Duncan’s fate. His uncertainty according to this matter builds upon his guilt of the thought of betraying his friends trust. Towards the end of his soliloquy‚ he begins to use vocabulary that describe and display the image
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Renaissance The Renaissance was a time period that lasted from the 14th to the 17th century. The word renaissance means time of the great revival of art‚ literature‚ and learning in Europe. The word Renaissance come from French/ Middle French. The reason this time period started is because scientist‚ artist‚ and italian scholars made a cultural movement. The reason this time period ended is because of the reformation protestant. There were many people and inventions that have a big impact on modern day society
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ABC never planned to keep that promise and brought in BVT‚ which is owned by ABC‚ in order to keep all the revenue within the corporation. Because of this misrepresentation‚ Celador received nothing from the profits of the show. Constructive fraud: ABC misrepresented the truth regarding how theprofits from the show were to be divided in order to induce Celador to sign the contract. Celador relied on ABC’s promises‚ which resulted in damages to Celador. Unfair competition under California Business
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back with Agamemnon after Troy’s defeat. At first Cassandra seems like a minor character since she does not speak much‚ but as the play progresses‚ her character develops and she starts to play a larger role in the play. Cassandra is used by Aeschylus to a great extent. She and her supernatural powers help to make the audience feel more sympathetic and also bring their attention to the gender roles in society. Cassandra is also known for her foreshadowing of events‚ which in turn create a more mysterious
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