Question

1. Describe occupational fraud and abuse.

2. Compare and contrast Cressey’s and Albrecht’s theories of crime causation.

3. Identify from Cressey’s research the six situational categories that cause nonshareable problems.

Answer 1

1). Occupational Fraud.

When Employees misuse their power and do fraud against organization and employer's resources via misusing that for the personal benefits. then that kind of fraud is called occupational fraud or internal fraud.

2). Albert & Cressey both agreed that financial pressure and perceived opportunity lead to the occurrence of fraud. but Albert believes that one's personal belief and honesty can stop him from doing fraud. Albert developed a red flag system that describes which kind of fraud can be done by whom.

3). 1). Avoiding Determined Obligation

2). Personal Failiours impact over the work

3). Isolating someone inside the organization

4). Employer and Employee relationship

5). Earning Status