RM530 million Transmile accounting fraud – how Liong Sik is to assume responsibility as Chairman? Former MCA President and Cabinet Minister‚ Tun Dr. Ling Liong Sik was quite active in the past month‚ as a search with The Star archives would produce eight news items featuring him‚ including one today at the ceremony at the Universiti Tunku Abdul Rahman (Utar) campus in Kampar yesterday planting a Blue Pine tree. But he has been very reticent on what has been described as the biggest accounting and
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AC572 You Decide Jan. 24‚ 2011 When evaluating this case using the three elements of the fraud triangle I have concluded that the potential pressures for Chris to commit fraud are greater than for others. The pressure is from Chris himself because he wants what others have or what he doesn’t have. This is due to the fact that Chris is young and impressionable may feel as though he doesn’t make enough money to obtain the material possession he desires or see others with. He may also be of
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Running head; LITERACY DEVELOPMENT Developmental Curriculum Paper ECH 515 Early Literacy Developme September 11‚ 2013 Developmental Curriculum Paper Children language development is a very critical factor in the success of language acquisition of young children. In this paper‚ I will discuss the age of the children and their developmental level‚ the plans and methods used in enabling children language acquisition‚ the Cognitive
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The accounting fraud is frequent‚ widespread and familiar in many countries and organization. It brings a loss to firms and investors. But there is no research trying to explain factors comprehensively influencing it. The obyectives of the research are to test and explain the effect of the internal control effectiveness‚ suitability of reward‚ compliance to accounting rules‚ information asymmetry‚ management morality toward unethical behavior and intention to accounting fraud. More particularly
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There are many challenges that we face and have to handle every single day. And‚ as women‚ we frequently have to balance the demands of work‚ family‚ children‚ parents‚ finances‚ and health—to name just a few. These demands are frequently referred to as “stressors” and achieving a balance is “stressful.” But multiple demands on our time and energy are a part of everyone’s life. Stress is not how many demands you have in your life‚ but rather how you and your body respond to these demands. For some
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As the Indian healthcare industry experiences the exponential growth‚ hospital organisations are shifting their focus from ’survival’ to excellence. Especially‚ in the metropolitans one can see that hospitals are striving to be leaders in the market rather than just survivors. As a result‚ need for excellent manpower is now indispensable. Hence‚ with lucrative offers at each employee’s disposal‚ attrition is bound to happen. In addition to this‚ there is a big demand and supply gap in the healthcare
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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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And so on. The point is that opportunity coming from having to deal with obstacles is not a new concept. Humans have known it to be a fact for millennia. The Stoics firmly believed that you must take the obstacles in your life and turn them to your advantage‚ controlling what you can and accepting what you can’t. Not easy by any means‚ but eminently doable. We all have the ability to flip obstacles into opportunity but sadly‚ we all don’t tap into that gift. We choose how we perceive issues‚ so it
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References: Adeoti‚ J. (2011). Automated Teller Machine (ATM) frauds in Nigeria: the way out. Adini (2010). Nigerian banks look to biometric ATM machines to reduce fraud. Bhargav-Spantzel A.‚ Squicciarini A.‚ Bertino E.Kong X & Zhang W.(2010). Biometrics-Based Identifiers for Digital Identity Management. Consultative Group for International Agricultural Research‚ CGIAR
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Any contract for the sale of goods that exceeds $500 falls under the statute of frauds and must be in writing to constitute an enforceable contract. The contract between Tidwell and Anthony amounts to $50‚000 and must be in writing to be enforceable‚ which presents the first issue in this problem. There are‚ however‚ alternative means of satisfying the Statute of Frauds. In this case‚ Tidwell provided Anthony with a good faith payment of $10‚000 when the oral contract was entered into on June
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