Identify main ideas and supporting details

1. What is the topic the passage?

• Why fraud occurs in corporations

• Why business leaders commit fraud

• Why governments do not prevent corporate crimes

• Why companies do not discourage fraud

Tags

CCSS.RI. 9-10.2

CCSS.RI.11-12.2

CCSS.RL.11-12.2

CCSS.RL.8.2

CCSS.RL.9-10.2

2. What is the main idea of the passage?

• Weak corporate leadership and a lack of government penalties lead to increase fraud.

• Poor training and enforcement of rules encourages unethical behavior.

• Government regulators are failing to catch enough corporate criminals.

• The pressure to increase profits and a lack of transparency encourage fraudulent behavior.

Tags

CCSS.RI. 9-10.2

CCSS.RI.11-12.2

CCSS.RI.8.2

CCSS.RL.11-12.2

CCSS.RL.9-10.2

3. What is the main idea of Paragraph 1?

• The SEC oversees many cases of corporate fraud.

• Fraudulent behavior is common in corporations.

• The stock market crash of 2008 decreased fraudulent behavior.

• The SEC imposed more than $4 billion in fines in 2016.

Tags

CCSS.RI. 9-10.2

CCSS.RI.11-12.2

CCSS.RI.8.2

CCSS.RL.11-12.2

CCSS.RL.9-10.2

4. What is the main idea of Paragraph 2?

• Takata Corporation falsified results of products' safety tests.

• Takata Corporation committed fraud over a period of many years.

• Fraud is more likely to result when there is pressure to increase profits.

• It is common for corporations to ignore risks in product safety.

Tags

CCSS.RI. 9-10.2

CCSS.RI.11-12.2

CCSS.RL.11-12.2

CCSS.RL.8.2

CCSS.RL.9-10.2

5. What is the main idea of Paragraph 3?

• Transparency is the open and honest exchange of information in an organization.

• Unethical behavior occurs when business leaders discourage transparency.

• Whistleblowers should feel safe coming forward to report unethical behavior.

• A lack of transparency caused the collapse of the housing market.

Tags

CCSS.RI. 9-10.2

CCSS.RI.11-12.2

CCSS.RL.11-12.2

CCSS.RL.8.2

CCSS.RL.9-10.2

6. The US Securities and Exchange Commission (SEC), which is the regulatory agency that oversees financial markets, filed a record 868 enforcement actions against companies in 2016, which amounted to more than $4 billion in fines.

• definition

• example

• fact

• reason

Tags

CCSS.RI.11-12.5

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5

CCSS.RI.9-10.5

7. The US Securities and Exchange Commission (SEC), which is the regulatory agency that oversees financial markets, filed a record 868 enforcement actions against companies in 2016, which amounted to more than $4 billion in fines.

• definition

• example

• fact

• reason

Tags

CCSS.RI.8.2

CCSS.RL.11-12.2

CCSS.RL.7.2

CCSS.RL.8.1

CCSS.RL.9-10.2

8. When leaders of a company create an environment in which employees and managers feel pressured to achieve goals or drive up profits, fraudulent behavior is more likely to result.

• definition

• example

• fact

• reason

Tags

CCSS.RI.11-12.5

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5

CCSS.RI.9-10.5

9. Employees and managers may make poor decisions, like ignoring the risks of products in order to meet goals or increase earnings.

• definition

• example

• fact

• reason

Tags

CCSS.RI.11-12.5

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5

CCSS.RI.9-10.5

10. Take the case of automobile safety-product producer Takata Corporation, for example. … Takata pled guilty in 2017 to fraud and conspiracy and was fined $1 billion for defects in its air bags.

• definition

• example

• fact

• reason

Tags

CCSS.RI.11-12.5

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5

CCSS.RI.9-10.5