When establishing a global ethics training program, Jackson recommends all of the following elements, except
a. Ensure morally sensitive cultural education
b. Provide education on international human rights
c. Implement a program based on the company’s home ethics and culture
d. Consider global cultural dimensions
c. Implement a program based on the company’s home ethics and culture
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The cash receipts journal is a special journal
Indicate whether the statement is true or false
Which of the following proactive fraud detection methods use Benford's Law to detect fraud?
a. Vertical analysis b. Digital analysis c. Real-time analysis d. Time trend analysis.
Describe three ways in which a firm could move toward greater sustainability
What will be an ideal response?
Jerry purchased a laptop computer for his personal use from Computer City on an installment loan contract. The sales contract stated that in the event the contract is assigned to a third party, the purchaser (Jerry) promises he will not assert any claim or defense against the assignee which he might have against Computer City. Computer City immediately assigns the contract rights to Finance USA
The computer stops working within two weeks of the purchase. a. This is a valid waiver of defense clause. Jerry signed the contract, so he can't raise a defense to Finance USA. b. Finance USA is an intended third party beneficiary and may therefore enforce the contract. c. In general, this type of waiver is not permitted in consumer contracts, so Jerry can raise his claim against Finance USA. d. This is a delegation of Jerry's duties and the delegator remains liable on the contract unless a novation agreement is made.