A fraud perpetrator is able to convince a potential victim that he will receive a large bonus if he supports him in a fraud scheme. Which type of power is the fraud perpetrator using?

a. Expert power
b. Coercive power
c. Legitimate power
d. Reward power


d
FEEDBACK: a. Incorrect.
b. Incorrect.
c. Incorrect.
d. Correct.

Business

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Estimating and recording product warranty expense in the period of the sale best follows which of the following accounting concepts?

A) Cost concept B) Business entity concept C) Matching Concept D) Materiality concept

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In the context of your career choice,the broader economy will influence the level of your personal financial success.

Answer the following statement true (T) or false (F)

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"Knowledge" as an element of the tort of negligent hiring, means that:

a. the employer knew the employee was unfit b. the employer should have known the employee was unfit c. the employer would have known the employee was unfit if it had done an appropriate background check d. any of these might constitute such "knowledge" e. none of these constitutes such "knowledge"

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The "takings clause" prevents the government from taking private property for any reason

Indicate whether the statement is true or false

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