In the general environment, many relationships exist among the various elements. General environmental trends can have positive and negative impacts on various industries. For example, the aging population might have a ________ impact on the health care industry and a ________ impact on the baby product industry. These are called ________ impacts.
A. negative; positive; sociocultural
B. positive; negative; demographic
C. positive; negative; technological
D. negative; positive; demographic
Answer: B
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Throughout history there have been significant periods of ________ when countries believed it was in their best interests to restrict international commerce.
A) socialism B) protectionism C) deregulation D) unionism E) privatization
In an effort to help one of her corporate customers avoid paying a large amount for
income tax, Jenny an accountant helped the company to prepare a fraudulent tax return. The fraud was discovered by Revenue Canada. Which of the following statements is TRUE? A) Jenny may be held liable for up to 75% of the gross amount of the fraud B) Jenny may be held liable for up to 100% of the gross amount of the fraud C) Jenny may be held liable for up to 25% of the gross amount of the fraud D) Jenny may be held liable for up to 50% of the gross amount of the fraud. E) Jenny may be held liable for up to 40% of the gross amount of the fraud
The list price of a computer is $499.00 . John's Computer Booth can purchase the computer at the list price less 15%. Find the net price of the computer
a. $420.55 b. $430.50 c. $457.80 d. $424.15
(a) What pressures or factors will executives use to encourage accounting managers and staff to go along? (b) What arguments can you use to resist those pressures? (c) How does one determine whether a company is aggressively reporting, but still in the guidelines of GAAP, versus fraudulently reporting financial information?
What will be an ideal response?