What effect does depreciation have on the calculation of the rate of return on total assets?
A) affects both the numerator and denominator
B) no effect
C) increases the outcome
D) decreases the outcome
A
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The benefits of a single set of accounting standards used around the world would include all of the following except:
a. They would eventually save companies considerable money in accounting fees. b. They would prevent competitors from acquiring each other. c. They would allow easier comparisons by analysts and investors. d. They would facilitate access to foreign capital markets.
Which of the following is a true statement regarding the fraud scale depicted in the text?
a. The greater the perceived opportunity to commit fraud, the less rationalization is takes to commit fraud. b. The more dishonest a person is, the higher the need to rationalize the fraud act. c. When the financial pressure increases, even low perceived opportunity is sufficient to commit fraud. d. As the 'need' to gamble increases, rationalization to commit fraud becomes easier.
A ________ is a person who intentionally or unintentionally causes injury or death to another person
A) protagonist B) supplanter C) reversionist D) tortfeasor
Franchising is regulated by both state and federal governments
Indicate whether the statement is true or false