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natulia [17]
3 years ago
5

Hospital administrator Jake Rosen was recently convicted for fraud he committed against his employer, Cedar Hospital Systems. Ov

er a period of six years, Jake allegedly made payments to a dummy company for maintenance charges while simultaneously running a scheme with maintenance contractors where he either paid them for work never performed or overpaid them for work. The skyscraper where Jake worked was only 10 years old. Maintenance charges rose from $5.2 million in 1994 to $16.4 million in 2000. It was worth noting that the judge on the case questioned whether Cedar Hospital Systems deserved less than full restitution for failing to notice the problem. However, it was determined that federal law on restitution does not allow such charges, so Jake Rosen will be making monthly payments toward the alleged $8 million he stole until he makes full restitution after leaving prison. He was able to quickly repay $3.2 million of the theft with assets recovered by the government, including two homes and a nice yacht. Not bad for a man who was supposed to be making $90,000 per year.
1. In what specific types of fraud was Jake Rosen engaged?
2. The judge questioned whether the hospital should be held partially responsible for not having de- tected the fraud. What could the hospital have done to prevent or detect the fraud earlier?
Mathematics
1 answer:
dexar [7]3 years ago
6 0

Step-by-step explanation:

Employee frauds are one of most common form of frauds which can be detected in a company. There can be many types or forms of employee frauds.  

the major types are:

• Asset Misappropriation

• Bribery and Corruption

• Data theft

• Vendor Fraud

• Payroll Fraud

• Accounting Fraud

2. The hospital could have detected the fraud going on earlier if they had consulted the help of an audit firm this could have helped exposed the fraud earlier.

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A school picnic your teacher asks you to Market food trip every 10 yards Sullivan students can play football with the teacher ac
Gemiola [76]

1 yard = 0.9144 meters

1 yard * 10 = 0.9144 meters * 10

10 yards = 9.144 meters

9.144 meters

5 0
3 years ago
Find the perimeter for both questions. Both questions are compound shapes please provide working out.
Marrrta [24]
First one:
You take 10 + 3 =13 then add 9 then 5. That all equals 27. Then you add 1 for the top part that isn’t labeled because it’s 10 in the bottom then 9 at the top which means it’s 1. Then for the side that’s unlabeled it’s 2 since it’s all 5 then the other side is 3. Answer is 31



Second one:

This one is the same as #1. You add 14+6+3+4 = 27. The long horizontal unlabeled side is 11 bc 14-3 = 11. Then the other side 2. Answer is 30.
8 0
2 years ago
The length width and height of a rectangular solid are 8,4,1 respectively what is the length of the longest line segment whose e
LUCKY_DIMON [66]

Answer:

9 units

Step-by-step explanation:

Given

Length = 8

Width = 4

Height = 1

Required

Determine the length of the longest segment

To do this, we use:

Longest = \sqrt{Length^2 + Width^2 + Height^2}

So, we have:

Longest = \sqrt{8^2 + 4^2 + 1^2}

Longest = \sqrt{64 + 16 + 1}

Longest = \sqrt{81}

Take positive square root

Longest = 9

<em>Hence, the length of the longest segment is 9 units</em>

3 0
3 years ago
How many years would it take to make $500 interest on a 12000 investment at 3% per year
padilas [110]

Answer:

t=1.4\ years

Step-by-step explanation:

we know that

The simple interest formula is equal to

I=P(rt)

where

I is the Final Interest Value

P is the Principal amount of money to be invested

r is the rate of interest  

t is Number of Time Periods

in this problem we have

t=?\\ P=\$12,000\\ I=\$500\\r=3\%=3/100=0.03

substitute in the formula above

500=12,000(0.03t)

solve for t

500=360t

t=500/360

t=1.4\ years

7 0
3 years ago
A plane can fly 7 miles per minute. The plane will fly 8 trips, and each trip is 810 miles. How many hours will the plane fly? S
ELEN [110]

7*60 = 420

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93- 100 = 53-60

subtract 40 from 93. 

1.53*8 = 12.24

Answer: 12 hours and 24 Minutes

If this helps give a brainliest :)

4 0
3 years ago
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