Of the three fraud factors (situational pressure, ethics, and opportunity), situational pressure is the factor that actually facilitates the act
Indicate whether the statement is true or false
F
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When the client has a large number of relatively small accounts receivable and the assessed level of control risk for receivables and related revenue transactions is high, the auditor is more likely to use negative confirmations
a. True b. False Indicate whether the statement is true or false
Projects that do not affect the cash flows of other projects are called mutually exclusive projects
Indicate whether the statement is true or false
Researchers interested in servant leadership studied 71 teams that had a total of 304 employees who worked in five banks located in China. They found that
a. servant leadership was negatively correlated with team performance and team-level organizational citizenship behavior b. servant leadership was strongly (positively) correlated with team performance and team-level organizational citizenship behavior c. servant leadership was not correlated with team performance and team-level organizational citizenship behavior (i.e., the correlations were approximately zero) d. servant leadership was curvilinearly related with team performance and team-level organizational citizenship behavior such that moderate levels of servant leadership had the best effects
If the required return is less than the coupon rate, a bond will sell at ________
A) par B) a discount C) a premium D) book value