Cybercrime

With the advent of computers, cybercrime and Internet frauds are increasing in frequency and in size. The trend is likely to continue. Cybercrimes are described as activities in which a computer or network of computers are an integral part of a crime.
 
For this assignment, research the Internet or Strayer databases and identify an organization that was a victim of cybercrime.
Write a 1200 Words paper in which you:
 
Based on your research, identify and assess the fraud that occurred in the organization, as well as the impact that the fraud had on the corporation’s investors and creditors.
 
1. Suggest how a financial forensic investigation could have detected fraud in the organization that you researched. Consider the risk factors, the elements of fraud, and the analysis of competing hypotheses.
 
2. Asses the economic losses that occurred at the organization you researched and recommend a plan of action for the company to restore any economic losses.
 
3. Compare and contrast accidental fraudsters and predators. Give your opinion on what type of fraudster(s) committed fraud at the organization you researched. Provide support for your rationale.
 
4. Evaluate how teamwork and leadership are effective tools for financial forensic investigations. Provide support for your evaluation.
 
5. Use at least six (6) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.
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Chapter 1 Managerial Accounting

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Managerial Accounting Chapter 1

E1-5 Gala Company is a manufacturer of laptop computers. Various costs and expenses associated with its operations are as follows.

  1. Property taxes on factory building.
  2. Production superintendents’ salaries.
  3. Memory boards and chips used in assembling computers.
  4. Depreciation on the factory equipment.
  5. Salaries for assembly-line quality control inspectors.
  6. Sales commissions paid to sell laptop computers.
  7. Electrical components used in assembling computers.
  8. Wages of workers assembling laptop computers.
  9. Soldering materials used on factory assembly lines.
  10. Salaries for the night security guards for the factory building.

The company intends to classify these costs and expenses into the following categories: (a) direct materials, (b) direct labor, (c) manufacturing overhead, and (d) period costs.

Instructions

List the items (1) through (10). For each item, indicate the cost category which it belongs to.

MORE MANAGERIAL ACCOUNTING QUESTIONS

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