The ethics case: Manipulation of MCI’s Allowance for Doubtful Accounts (p.332) was discussed last week in the discussion board.  This quiz is to test your knowledge of the case. Please use full sentences to answer the questions below.  Your response should not exceed 7-8 sentences.  1. Explain what account was used to hide the receivables when they were moved out of the accounts receivable?2. Does GAAP allow this re-class and why (or why not)?3. Explain how the re-class out of the accounts receivable is misleading investors. (What assets are reported in a way that may mislead the investors.)  4. What are the risks for MCI in setting an unrealistic allowance for doubtful accounts? (If you were an investor, would you have wanted to know the true financial picture of the allowance?)5. Was the guideline for bad debts ($15 million) provided to Wald realistic?  Why or why not?   Grading: Completeness (addressing the questions) – 5 points Accuracy and logic of the argument – 3 points Grammar – 1 point Form (within 7- 8 sentences) – 1 point

23.  According to Cohen, delinquent subcultures are rooted in all but which of the following?

32.  Members of ___________ gangs are described as double failures because they have not been successful in the legitimate world and have been equally unsuccessful in the illegitimate worlds of organized criminal activity and violence-oriented gangs.

43.  Which of the following is not a form of Hirschi’s first bond, attachment?

47.  __________ theory assumes that for every individual there exists a containing external structure and a protective internal structure, both of which provide defense, protection, or insulation against delinquency.

50.  The Fourth Amendment to the U.S. Constitution guarantees individuals against:

17.  Merton’s theory of anomie emphasizes cultural aspirations and the institutionalized means to attain the desired ends.

26.  Given the history of policing, the concept of “tithing” referred to a group of ten families who were bound together by a mutual pledge to keep the peace.

21.  Conflict theorists argue that

2.  American policing differs from that found in other countries in its diversity of forces and __________.