Hernando, an accountant, helps Industrial Equipment & Supplies Company prepare and file a false federal corporate income tax return. Under the Internal Revenue Code, this is?
A) a felony punishable by a fine and imprisonment
B) no violation.
C) a misdemeanor punishable only by a fine.
D) a civil violation subject to a liability suit but not a crime.
A
You might also like to view...
Cross-functional teams are not easy to manage because power is shifted due to the need for different expertise in different areas. What does this situation create
A) counterproductive work behaviors B) virtual teams C) leadership ambiguity D) lack of diversity E) citizenship behaviors
Which of the following statements is false?
a. All the above statements are false. b. The material inventory includes both direct and indirect materials. c. A manufacturing company has 3 types of inventory: Direct material, Indirect material and work in process. d. Service companies do not have a finished goods inventory.
All of the following describe the demand for business products except
A. elastic. B. derived. C. joint. D. inelastic. E. fluctuating.
The purpose of trade preferences is to provide assistance for countries whose economies are developing
Indicate whether the statement is true or false