Which of the following is a true statement?
a. A fraud perpetrator who normally smokes often quits after committing a fraud.
b. The perpetrator may start entertaining coworkers more often and more lavishly.
c. The perpetrator may start looking coworkers directly in the eye when talking to them.
d. The perpetrator who committed the fraud act to pay off gambling debts may suddenly stop gambling.
b
FEEDBACK: a. Incorrect, he or she may smoke more heavily to relieve stress.
b. Correct.
c. Incorrect, he or she may avoid eye contact.
d. Incorrect, he or she may gamble even more than previously.
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Explain the reasons behind the failure of the visionary strategy of Volkswagen from becoming the number one automaker in the world
What will be an ideal response?
Outstanding stock represents shares of stock that ________
A) are held by the stockholders B) are sold for the highest price C) have been authorized by state law D) have been issued but may or may not be held by stockholders
Under the indirect method, which of the following items would be added to net income to determine the cash flow from operating activities?
A. Decrease in the balance of accounts payable B. Depreciation expense C. Gain on the sale of equipment D. Accrued interest receivable
Which of the following would be an entry barrier?
A. large economies of scale B. low switching costs C. easy access to raw materials D. low capital requirements