Delaney is an accountant charged with negli¬gence by Estimation & Valuation Services Inc, a client. Delaney may successfully defend against the claim if he can show that

a. scienter was lacking.
b. he complied with all International Financial Reporting Standards.
c. the negligence was not the proximate cause of the client's losses.
d. the negligence was only contributory.


C

Business

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Apology strategies are most often used in situations in which:

A) the violation was a major situation affecting a large number of people B) the violation was minor or the company cannot escape being found guilty C) an individual within the company has acted inappropriately, but the company itself has not D) legal charges have been filed against the company or someone in the company

Business

A(n) ______ can be reliable but not valid, but it can’t be valid without being reliable.

A. test B. interest C. criterion D. personality

Business

A gain on the sale of a plant assets should be included in which of the following sections of a statement of cash flows prepared using the indirect method?

a. Investing activities b. Operating activities c. Financing activities d. Non-cash investing and financing activities e. None of these answers is correct.

Business

Which of the following represents a reason data warehouses were created?

A. Numbers and types of operational databases increased as businesses grew. B. Many companies had information scattered across multiple systems with different formats. C. Completing reporting requests from numerous operational systems took days or weeks. D. All of these.

Business