Cora and Bruce have an executory contract for the sale of some goods. Cora files for bankruptcy and is then discharged by the bankruptcy court. Cora has no obligation to perform under the contract
Indicate whether the statement is true or false
True
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The card that signals a supplier to deliver more parts is a withdrawal Kanban
Indicate whether the statement is true or false
Hawk Store counted some of its inventory twice. As a result, its operating expenses will be
a. Understated b. Correct only if Hawk Store calculates it cost of goods sold correctly c. Overstated d. Correct since operating expenses are not affected by inventory costs
Which of the following statements about fraud or fraud detection is true?
a. Management may physically alter evidence to perpetrate and conceal the fraud. b. Fraudulent financial reporting is generally not material enough to consider. c. Journal entries will supply evidence necessary to detect fraud. d. The advent of new technology prevents fraud, thereby leading to less fraud over time.
Boxall and Purcell (2003) suggest that individual performance is a function of:
a. ability, motivation, opportunity b. aptitude, motivation, organisation c. ability, management, organisation d. aptitude, management, opportunity