Recording assets that the company does NOT possess is an example of:

A) management fraud.
B) employee fraud.
C) collusion.
D) embezzlement.


A) management fraud.

Business

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Cold and Flu Corporation reported the following information for 2011 and 2012. Inventory is not reported as there was no change in inventory from December 31, 2011, to December 31, 2012. Accounts payable, December 31, 2011 $ 45,000 Accounts payable, December 31, 2012 25,000 Cost of goods sold 2012 220,000 How much cash was paid for inventory during 2012?

A) $200,000 B) $245,000 C) $265,000 D) $240,000

Business

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What will be an ideal response?

Business

Which is a weakness of the principle of virtues?

a. Some actions promote one virtue while violating another. b. People do not always agree on which virtue is the most important. c. Conflicts may be irresolvable. d. all of the above

Business

Assume you have noted the following prices for books and the number of pages that each book contains. Book Pages (x) Price (y) A 500 $7.00 B 700 7.50 C 750 9.00 D 590 6.50 E 560 7.50 F 650 7.00 G 475 5.00 ? ? ? ? ? ? ? ? ? ? a.Perform an F test and determine if the price and the number of pages of the books are related. Let ? = .01.b.Perform a t test and determine if the price and the number of pages of the books are related. Let ? = .01.c.Develop a 90% confidence interval for estimating the average price of books that contain 800 pages.d.Develop a 90% confidence interval to estimate the price of a specific book that has 800 pages.? ?

What will be an ideal response?

Business