{"id":6092,"date":"2020-11-14T14:29:05","date_gmt":"2020-11-14T14:29:05","guid":{"rendered":"http:\/\/onlineclassesguru.com\/?p=6092"},"modified":"2020-11-14T14:29:05","modified_gmt":"2020-11-14T14:29:05","slug":"levon-helm-was-a-kind-of-one-man-mortgage-broker","status":"publish","type":"post","link":"https:\/\/onlineclassesguru.com\/index.php\/2020\/11\/14\/levon-helm-was-a-kind-of-one-man-mortgage-broker\/","title":{"rendered":"Levon Helm was a kind of one-man mortgage broker"},"content":{"rendered":"<style type=\"text\/css\"><\/style><p>Levon\u00a0Helm was a kind of one-man mortgage broker. He would drive around\u00a0Ten-nessee looking for homes that had second mortgages, and if the\u00a0criteria were favor-able, he would offer to buy the second mortgage for\u00a0 \u2018cash on the barrelhead.\u2019 Helm bought low and sold high, making sizable\u00a0profits. Being a small operation, he employed one person, Cindy\u00a0Patterson, who did all his bookkeeping. Patterson was an old family\u00a0friend, and he trusted her so implicitly that he never checked up on the\u00a0led-gers or the bank reconciliations. At some point, Patterson started\u00a0 \u2018borrowing\u2019 from the business and concealing her transactions by booking\u00a0phony expenses. She intended to pay it back someday, but she got used\u00a0to the extra cash and couldn\u2019t stop. By the time the scam was\u00a0discovered, she had drained the company of funds that it owed to many of\u00a0its creditors. The company went bankrupt, Patterson did some jail time,\u00a0and Helm lost everything.Requirements1. What was the key control\u00a0weakness in this case?2. Many small businesses cannot afford to hire\u00a0enough people for adequate separa-tion of duties. What can they do to\u00a0compensate for this?&gt; Fraud Case 8-1<\/p>\n<p>For this assignment, you will discuss how Christian principles can be\u00a0applied to an accounting fraud case. In a 500-750-word paper,<\/p>\n<p>In approximately 100 words, briefly summarize the issue in your own words.<br \/>\nIn\u00a0approximately 450-600 words, address this issue from a Christian\u00a0worldview as it relates to decision making and ethics. What guidance\u00a0could be applied to understand and resolve the issue?.<\/p>\n<p><center><a href=\"http:\/\/onlineclassesguru.com\/orders\/ordernow\"><img decoding=\"async\" src=\"https:\/\/encrypted-tbn0.gstatic.com\/images?q=tbn:ANd9GcTyj99p60XCLyLk1htB7-1neRt8-2QdnenNlQ&usqp=CAU\"target=\"_http:\/\/onlineclassesguru.com\/orders\/ordernow\"\/><\/center><p>","protected":false},"excerpt":{"rendered":"<p>Levon\u00a0Helm was a kind of one-man mortgage broker. He would drive around\u00a0Ten-nessee looking for homes that had second mortgages, and if the\u00a0criteria were favor-able, he would offer to buy the second mortgage for\u00a0 \u2018cash on the barrelhead.\u2019 Helm bought low and sold high, making sizable\u00a0profits. Being a small operation, he employed one person, Cindy\u00a0Patterson, who&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6092","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Levon Helm was a kind of one-man mortgage broker - onlineclassesguru<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/onlineclassesguru.com\/index.php\/2020\/11\/14\/levon-helm-was-a-kind-of-one-man-mortgage-broker\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Levon Helm was a kind of one-man mortgage broker - onlineclassesguru\" \/>\n<meta property=\"og:description\" content=\"Levon\u00a0Helm was a kind of one-man mortgage broker. He would drive around\u00a0Ten-nessee looking for homes that had second mortgages, and if the\u00a0criteria were favor-able, he would offer to buy the second mortgage for\u00a0 \u2018cash on the barrelhead.\u2019 Helm bought low and sold high, making sizable\u00a0profits. Being a small operation, he employed one person, Cindy\u00a0Patterson, who...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/onlineclassesguru.com\/index.php\/2020\/11\/14\/levon-helm-was-a-kind-of-one-man-mortgage-broker\/\" \/>\n<meta property=\"og:site_name\" content=\"onlineclassesguru\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-14T14:29:05+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin_admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/onlineclassesguru.com\/#website\",\"url\":\"https:\/\/onlineclassesguru.com\/\",\"name\":\"onlineclassesguru\",\"description\":\"Cheap Professional coursework and reaction papers help\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/onlineclassesguru.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/onlineclassesguru.com\/index.php\/2020\/11\/14\/levon-helm-was-a-kind-of-one-man-mortgage-broker\/#webpage\",\"url\":\"https:\/\/onlineclassesguru.com\/index.php\/2020\/11\/14\/levon-helm-was-a-kind-of-one-man-mortgage-broker\/\",\"name\":\"Levon Helm was a kind of one-man mortgage broker - onlineclassesguru\",\"isPartOf\":{\"@id\":\"https:\/\/onlineclassesguru.com\/#website\"},\"datePublished\":\"2020-11-14T14:29:05+00:00\",\"dateModified\":\"2020-11-14T14:29:05+00:00\",\"author\":{\"@id\":\"https:\/\/onlineclassesguru.com\/#\/schema\/person\/1831fa4d28e47b468621cf27932f5742\"},\"breadcrumb\":{\"@id\":\"https:\/\/onlineclassesguru.com\/index.php\/2020\/11\/14\/levon-helm-was-a-kind-of-one-man-mortgage-broker\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/onlineclassesguru.com\/index.php\/2020\/11\/14\/levon-helm-was-a-kind-of-one-man-mortgage-broker\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/onlineclassesguru.com\/index.php\/2020\/11\/14\/levon-helm-was-a-kind-of-one-man-mortgage-broker\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/onlineclassesguru.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Levon Helm was a kind of one-man mortgage broker\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/onlineclassesguru.com\/#\/schema\/person\/1831fa4d28e47b468621cf27932f5742\",\"name\":\"admin_admin\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/onlineclassesguru.com\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/429c8d043f7a770af242b0031e8b9f2b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/429c8d043f7a770af242b0031e8b9f2b?s=96&d=mm&r=g\",\"caption\":\"admin_admin\"},\"url\":\"https:\/\/onlineclassesguru.com\/index.php\/author\/admin_admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Levon Helm was a kind of one-man mortgage broker - onlineclassesguru","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/onlineclassesguru.com\/index.php\/2020\/11\/14\/levon-helm-was-a-kind-of-one-man-mortgage-broker\/","og_locale":"en_US","og_type":"article","og_title":"Levon Helm was a kind of one-man mortgage broker - onlineclassesguru","og_description":"Levon\u00a0Helm was a kind of one-man mortgage broker. He would drive around\u00a0Ten-nessee looking for homes that had second mortgages, and if the\u00a0criteria were favor-able, he would offer to buy the second mortgage for\u00a0 \u2018cash on the barrelhead.\u2019 Helm bought low and sold high, making sizable\u00a0profits. 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