Create a report of 750-1,000 words or at least 10 detailed slides using presentation software like PowerPoint. Provide a brief overview of the industry and of each of the three instances of fraud.
Provide a description of the FTC’s response to each and note areas where the responses are the same or different.
Explain why you think the FTC responded the way it did and how the actions protected consumers.
Using information you gleaned from these instances of fraud, explain two or three steps that marketers in other companies in this industry can take to ensure they do not commit this fraud or deception.
Use at least three sources in addition to the FTC’s web site; at least one must be an offline source.
Include a reference page.

Management discovers that a supervisor at one of its restaurant locations removes excess cash and resets sales totals throughout the day on the point-of-sale (pos) system. at closing, the supervisor deposits cash equal to the recorded sales on the pos system and keeps the rest. the supervisor forwards the close-of-day pos reports from the pos system along with a copy of the bank deposit slip to the company’s revenue accounting department. the revenue accounting department records the sales and the cash for the location in the general ledger and verifies the deposit slip to the bank statement. any differences between sales and deposits are recorded in an over/short account and, if necessary, followed up with the location supervisor. the customer food order checks are serially numbered, and it is the supervisor’s responsibility to see that they are accounted for at the end of each day. customerchecks and the transaction journal tapes from the pos system are kept by the supervisor for 1 week at the location and then destroyed. what control allowed the fraud to occur?

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Allie and sarah decided that they want to purchase renters insurance for the apartment they share. they made a list of all of the items to be covered by the insurance policy, along with their estimated values. if the items to be covered total more than $3000, the insurance company charges an annual premium of 23% of the total value of the items. if the items to be covered total $3000 or less, the insurance company charges an annual premium of 20% of the total value of the items.