Steven is the Executive Director at a telecom company in Texas. He regularly misappropriated company funds that belonged to the employee benefit plan and several clients. Robert, his corporate secretary was aware of his superior's illegal activities. He brought this to the attention of law enforcing agencies. What is Robert's role in the above scenario??
A) ?Spokesperson
B) ?Whistleblower
C) ?Gatekeeper
D) ?Outworker
B
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Examples of poor earnings quality that hinder the forecasting of expected future earnings include all of the following except:
a. Earnings dominated by a substantial one-time gains from the sale of real estate tangential to the firm's operations. b. Reporting a large expense from a warehouse fire that was not covered by insurance. c. A local government corrects a processing error and a firm receives an unexpected rebate on property taxes previously paid. d. The company adds equipment that reduces carbon emissions in response to EPA requirements and increases production efficiency.
An example of a step-fixed cost would be:
a. the cost of factory insurance because the insurance company increased the premium. b. the cost of supervision since a second supervisor was added to oversee the new second shift. c. depreciation of equipment because it is computed on the units of production method. d. utility costs because it costs more to heat the building in the winter.
Ben, a supervisor who works for you, does not understand why he does not often receive effective replies to his email messages. He asks you to review some messages he has sent over the past several weeks and to provide constructive criticism. What should you look for as you review his messages?
The higher the dividend payout ratio, the more a company must rely on external financing
Indicate whether the statement is true or false