The international accounting firm Ernst and Young performed a global survey. The results of that survey are summarized in a report titled “Fraud Risk in Emerging Markets.” You can find this report at:

http://www.ey.com/Global/assets.nsf/International/FIDS_-_9th_Global_Fraud_Survey_2006/

$file/EY_Fraud_Survey_June2006.pdf, or do an Internet search for “9th Global Fraud Survey—

Fraud Risk in Emerging Markets.”

Instructions Read the Executive Summary section, and then skim the remainder of the report to answer the following questions.

(a) What did survey respondents consider to be the top three factors to prevent fraud?

(b) What type of fraud poses the greatest threat in developed markets? What type of fraud poses the greatest threat in emerging markets?

(c) In what three regions are anti-fraud measures most likely to be considered when deciding whether to begin doing business in that region?

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