The fraud triangle says three conditions are generally present in the client's organization when fraud occurs. Which of the following is not one of those conditions?

a. Incentives.
b. Professional Skepticism.
c. Opportunity.
d. Ability to rationalize fraud.


b

Business

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All parties are discharged from liability on a negotiable instrument when ________

A) the instrument is presented for payment B) the signature of the indorser is intentionally struck out C) the instrument is accidentally destroyed or mutilated D) a drawee in good faith pays an unaccepted instrument in full to the holder

Business

Compared to workers in many manufacturing hot-spot nations, U.S. workers have

a. a higher minimum wage. b. more workplace safety requirements. c. higher overtime pay. d. all of the above

Business

Annenbaum Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 400 units. The costs and percentage completion of these units in beginning inventory were:  Cost PercentCompleteMaterials costs$5,700   65% Conversion costs$6,800   45%  A total of 6,500 units were started and 5,900 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month:  CostMaterials costs$125,500 Conversion costs$207,000  The ending inventory was 50% complete with respect to materials and 35% complete with respect to conversion costs. The total cost transferred from the first processing

department to the next processing department during the month is closest to: A. $322,777 B. $345,000 C. $332,500 D. $377,485

Business

________ meetings are meetings in which participants do not meet in the same place, and possibly not at the same time

A) Virtual B) F2F C) Synchronous D) Conference call

Business