Linear break?even analysis assumes that variable costs rise with reductions in output.?
Answer the following statement true (T) or false (F)
False
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Stratified sampling is used with a skewed population, and the researcher identifies ________ contained within the population based on their differences
A) systems B) samples C) strata D) persons E) skews
Hawthorne Corp. entrusted Edgar, an independent accountant, to prepare an audit report to apply for a loan from Daft Corp. Edgar accepted the accuracy of the client's books without proper investigation while representing that he had completed Hawthorne's audit. A careful audit, however, discovers later that an employee of Hawthorne Inc. was regularly embezzling funds. In this scenario, Edgar:
A. will not be liable to Hawthorne Corp. to return the fee for the audit because the loan was not provided by Daft Corp. B. will be liable to Daft Corp. as well as any other creditor who provided loans to Hawthorne Corp. based on his audited financial statements. C. will be liable to Hawthorne Corp. for any losses it suffered from the time when his audit should have discovered the embezzlement. D. will not be liable to any of the parties as he does not owe them the duty of superior skill or careful scrutiny.
Which of the following statements is FALSE?
A) It is estimated that insurance fraud in Canada is $1 billion per year and about 15% of premiums go to cover insurance fraud. B) Many insurance fraud schemes include people making false claims for rehabilitation costs after staged car accidents where they were never injured. C) People who commit insurance fraud can face fines and jail sentences. D) Arson is a serious type of insurance fraud. E) All of the above statements are true.
Investment Sales Corporation wants to monitor its employees' electronic com-munications. Investment Sales's best course of action to avoid liability under laws related to employee monitor¬ing is to notify
a. no one. b. itsemployees. c. its clients. d. the public generally.