If property is mislaid, the finder of the property will have a superior claim to possession of the property against everyone except the true owner
a. True
b. False
Indicate whether the statement is true or false
False
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The correct order of the six elements of the fraud fighting model is:
a. Tone at the Top; Education and Training; Proactive Detection; Integrity Risk and Controls; Reporting and Monitoring; Investigation and Follow-up. b. Tone at the Top; Education and Training; Integrity Risk and Controls; Reporting and Monitoring; Proactive Detection; Investigation and Follow-up. c. Education and Training; Integrity Risk and Controls; Reporting and Monitoring; Proactive Detection; Investigation and Follow-up; Tone at the Top. d. Education and Training; Tone at the Top; Integrity Risk and Controls; Reporting and Monitoring; Proactive Detection; Investigation and Follow-up.
A $200,000 bond issue with a carrying value of $194,000 is called at 101 and retired. The entry to record the retirement of bonds would be:
a. Bonds Payable 200,000 Gain on Retirement of Bonds 6,000 Cash 194,000 b. Bonds Payable 200,000 Cash 200,000 c. Bonds Payable 200,000 Loss on Retirement of Bonds 8,000 Unamortized Bond Discount 6,000 Cash 202,000 d. Bonds Payable 194,000 Loss on Retirement of Bonds 8,000 Cash 202,000
Under the Sarbanes-Oxley Act CEOs are not required to vouch for the firm's financial statements because they are not involved with the day to day operations of the firm.
Answer the following statement true (T) or false (F)
Miles worked selling products to industrial users, and spent most of his time working on customers' new buy and modified new buy situations. Miles was primarily a(n)
A. order getter. B. prospector. C. sales support rep. D. new business specialist. E. order taker.