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Accounting Assignment
* Employee theft is a major problem in the U.S. retail industry. Information obtained from SecurityInfoWatch reported that twenty three major retailers alone apprehended over 1.1 million shoplifters and dishonest employees, and recovered more than $189 million from these thieves in 2012.
* Watch J. Farrell's video titled "Prevent Employee Theft in
* Analyzing the information contained in the video, identify at least four internal controls effective in mitigating employee theft and / or fraud.
* Provide at least two examples of internal controls that could be implemented to reduce theft in the U.S. retail industry.
* Provide support for your answer.
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
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