An ad contains the following: "Restaurant Critic, Jose Winfrey, on Mama Leone's Italian Eatery,' Mama Leone's is simply the best. It is a surprising new entrant into the competitive Italian bistro market and it is a mighty one.'" Jose Winfrey is the cousin of the owner of Mama Leone's and knows restaurants, but is not a critic for any publication or other media outlet. The ad:
a. Creates a false impression.
b. Raises no ethical questions.
c. Is legal and ethical because it doesn't state where he is a critic.
d. Both b and c
e. None of the above
.A
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Intraperiod tax allocation requires a corporation's total income tax expense to be allocated to all of the following except
A) any items of other comprehensive income. B) other revenues and expenses. C) discontinued operations. D) prior-period adjustments.
Many financial statement frauds have been perpetrated because:
a. management needed to report high income to support stock prices. b. management wanted to decrease the total tax payable by the company. c. management wanted to show artificial losses to employees. d. management wanted to pay lower dividends to the shareholders.
In China, signed contracts ________
A) mean a final agreement B) must be honored C) are not open to renegotiation D) signal interest in doing business E) are a binding commitment
Explain the types of third-party interventions for conflict.
What will be an ideal response?