Which of the following is a common incentive or condition which increases the likelihood for fraudulent financial reporting?
a. Ineffective segregation of assets.
b. Addictions to gambling or drugs.
c. Pending stock option expirations.
d. Access to undeposited cash.
c
You might also like to view...
Calculate the return on investment for an advertisement from the given data. Net sales is $1,000, and advertising cost is $50.
A. 19 B. 23 C. 21 D. 25 E. 18
Kant's categorical imperative states that:
a. the form of an action rather than the intended result determines the ethical worth. b. no one person's interest is given more weight than another. c. distribution favors the person getting the worst share. d. morally objectionable actions can never be in the best interests of society.
Hugo wishes to raise money for his restaurant. He offers to sell stock to his brothers, sisters, aunts, uncles, and cousins. The offering is made by telephone to each of the investors and amounts to a stock offering in the dollar amount of $1,500,000
The offering is made to a total of 38 family members and no notice is given to the SEC. Is this a permissible offering under the federal securities laws? Explain.
Money market mutual funds invest in
A. corporate bonds. B. corporate stock. C. federal government Treasury bills. D. federal government Treasury bonds.