At Rutgers University, online student must download Proctortrack, a new anti-cheating technology, prior to taking exams. Questions: 1. Did you agree or disagree that the software was intrusive? Discuss the pros and cons of it. 2. Do you agree or disagree that human behavior in test taking can be reduced to an algorithm? Discuss. 3…. Read more »
Posts Categorized: Accounting Information Systems
Scary Time of Year!
This article discusses the important issues surrounding the possibility of an IRS can audit. It points out that the potential for large civil penalties and perhaps even criminal liability can be real and something you should consider before you file. Questions 1. How many of these errors were you aware of before reading the article?… Read more »
The New Parameters of the Advertising War
Electronic warfare has broken out between internet users and the $120bn online advertising industry. Questions: 1. According to the article, by what amount did the number of people using ad blocking software increase last year? 2. Do you agree with Mr. Zaneis, general counsel at the Interactive Advertising Bureau, that the free internet that consumers… Read more »
The Clock is Ticking!
A new legal quirk could bring a surreal ending to foreclosure casess around the country; the debtors may get to keep their homes without ever having to pay another dime. Questions: 1. Why might tens of thousands of homeowners who have missed more than five years of mortgage payments get to keep their homes without… Read more »
How many 112 year olds are taking new jobs?
A recent audit of the Social Security Administration revealed that thousands of workers over the age of 100 applied through the U.S. government to verify their employment eligibility in recent years. Questions: 1. About how many active Social Security numbers in the Administration’s master file belong to people who are at least 112 years old?… Read more »
Huge deal!
General Electric Co. has agreed to sell the consumer-lending business of GE Capital in Australia and New Zealand to an investor group. This investor group includes KKR & Co. and Deutsche Bank AG—and the estimated price is about $A8.2 billion or $6.26 billion U.S. Questions: 1. Why is GE selling its banking business? 2. Why… Read more »
Maybe its time to flip a coin
According to a recent study, very few professional investors have actually managed to outperform the rising market consistently over the past few years. In fact, based on the updated findings and definitions of a particular study, it appears that no mutual fund managers have. Questions: 1. What is a mutual fund? 2. What does the… Read more »
Urban Outfitters
Questions: 1. What type of public relations problem did Urban Outfitter’s have in September 2014? 2. Explain the importance of Urban Outfitter’s ability to exceed analysts predictions for the fourth quarter. 3. Urban Outfitters announced that its board of directors recently approved a repurchase of 20 million shares under a share repurchase program. What are… Read more »
So was it a good idea to sell out your customers’ trust?
When Lenovo preinstalled Superfish adware on its laptops, it betrayed its customers and sold out their security. Questions: 1. What does this Superfish app do when you are on websites? 2. Do you agree that Lenovo needs to be fined or face legal prosecution? 3. Explain the following statements in financial or business terms: Lenovo… Read more »
Tax Fraud in South Florida? Surely you jest?
In North Miami, Josue Pierre took a shortcut into the easy-money underworld of tax fraud by using an “electronic filing identification number” — EFIN for short, and stolen IDs to file hundreds of fabricated online tax returns. Questions: 1. Why does Assistant U.S. Attorney Michael Berger say that using EFINs is like “tax fraud on… Read more »