Which of the following observations concerning collusive frauds is true?
a. They are usually slower to develop than frauds committed by one individual.
b. Research indicates that majority of the frauds involve collusion.
c. Frauds involving collusion are usually the easiest to detect because of the involvement of multiple players.
d. Recent trends in business have dramatically decreased the number of collusive frauds.
a
FEEDBACK: a. Correct.
b. Incorrect.
c. Incorrect.
d. Incorrect.
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Claude Shannon's technical report led to his pioneer work for which he is regarded as the inventor of the:
A) transistor. B) spreadsheet. C) information theory. D) silicon chip. E) Internet.
Pepsi Co. sold its cola syrup to Russia and agreed to buy Russian vodka at a certain rate for sale in the United States for the next 5 years. What kind of a countertrade did both the parties indulge in?
What will be an ideal response?
Which of the following acts amended Section 7 of the Clayton Act and introduced a premerger notification requirement into the area of mergers?
A) the Sarbanes-Oxley Act of 2002 B) the Securities Exchange Act of 1934 C) the Federal Trade Commission Act of 1914 D) the Hart-Scott-Rodino Act of 1976
Which of the following statements is true of a breakeven analysis?
A. It determines the number of units a firm must produce to lower its overall production costs. B. It establishes a fixed margin, starting with determining the actual cost of each product. C. It bridges the gap between the cost and the price of an item on a per-product basis. D. It helps marketers get a sense of the hurdles they need to clear before actually introducing a product.