What are the ways that basic trade secrets are misappropriated?
A trade secret may be misappropriated by (a) knowingly acquiring it through improper means or (b) disclosing or using it without consent, if knowledge of the trade secret came under circumstances giving rise to a duty to maintain secrecy or came from a person who used improper means or who owed the owner of the trade secret a duty to maintain secrecy. Trade secrets are most frequently misappropriated by an employee's wrongfully using or disclosing such information or by a competitor's wrongfully obtaining it.
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A company had interest expense of $7800, income before interest expense and income taxes of $19,200, and net income of $9600. The company's times interest earned ratio equals:
A. 0.81. B. 1.23. C. 2.46. D. 2.00. E. 0.41.
A network consists of the following list. Times are given in weeks
Activity Preceding Duration A -- 9 B A 2 C A 12 D A 5 E B 6 F B 8 G C, F 3 H D 2 I H 8 J G, I 6 K E, J 2 a. Draw the network diagram. b. Which activities form the critical path? c. How much slack exists at activities A and F? d. What is the duration of the critical path?
Vertical analysis is a tool to evaluate individual financial statement items or groups of items in terms of a specific base amount.
Answer the following statement true (T) or false (F)
The audit client's board of directors and audit committee refused to take any action with respect to an immaterial illegal act which was brought to their attention by the auditor. Because of their failure to act, the auditor withdrew from the engagement. The auditor's decision to withdraw was primarily due to doubts concerning
A. Adequate financial statement disclosures. B. Compliance with the statutory laws and regulations. C. Scope limitations resulting from their inaction. D. The integrity of management.