According to KPMG’s ethics defense model, what is the “second line of defense” for ensuring ethical and legal compliance?

a. business managers
b. internal audits
c. the ethics and compliance officer
d. operations managers


c. the ethics and compliance officer

Business

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Parks Company reported an increase of $370,000 in its accounts receivable during the year 2016 . The company's statement of cash flows for 2016 reported $1 million of cash received from customers. What amount of net sales must Parks have recorded in 2016?

a. $370,000 b. $1,000,000 c. $1,370,000 d. $630,000

Business

Several examples of case studies of OD in action were provided in the chapter. Discuss components/variables of these cases that indicate these are appropriate examples of OD.

What will be an ideal response?

Business

One objective of risk management can be to reduce the volatility of a firm's cash flows.

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

Business

When constructing a confidence interval for the population mean and the standard deviation of the sample is used, the degrees of freedom for the t distribution equals

a. n-1 b. n c. 29 d. 30

Business