A speaking outline should be ________ a practice outline.
a. more detailed than
b. less detailed than
c. the same as
d. reformatted into
b. less detailed than
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Describe the elements of a formal business plan
What will be an ideal response?
A fraudulent transfer occurs when a debtor makes payment on a prebankruptcy debt up to a year before filing for bankruptcy.
Answer the following statement true (T) or false (F)
Which of the following statements about accounting systems is incorrect?
a. An effective accounting system provides an audit trail that allows frauds to be discovered. b. An effective accounting system makes concealment difficult. c. An effective accounting system can effectively prevent "kickbacks." d. Without a good accounting system, it is often difficult to distinguish between actual fraud and unintentional error.
A Korean factory has offered to supply Fastec with ready-made units for a price of $14 per transfer case. Assume that Fastec's fixed costs are unavoidable, but that Fastec could use the vacated production facilities to earn an additional $9500 of profit per month. If Fastec decides to outsource, monthly operating income will ________.
Fastec Automobile Company fabricates automobiles. Each vehicle includes one transfer case, which is currently made in-house. Details of the transfer case fabrication are as follows:
A) increase by $4700
B) decrease by $15,000
C) increase by $9500
D) decrease by $27,100