Ann, in the presence of Betty, tells Thomas that Ann is Betty's agent. In reality, Ann had no authority. Betty hears the statement, but she says nothing. In reliance, Thomas ships goods to Betty on Ann's order. Betty is liable even though no actual authority existed
Indicate whether the statement is true or false
True
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Attestation services are performed by
a. external auditors b. internal accountants c. internal auditors d. third-party accountants
When a company makes payment for goods or services, the check is prepared by the company's
a. requesting department. b. treasurer. c. accounting department. d. receiving department.
A firm wants to be publicly listed on the NASDAQ. What is required for this from an ethics standpoint?
a. Have a code of ethics for upper management. b. Have a publicly available code of ethics for all employees and management. c. Publicly list the incidences and outcomes of ethics abuse lawsuits. d. Have a publicly available code of conduct for all employees.
An employee sends a racist joke to a coworker via their company email account. A manager discovers this, and the employee is fired. The employee sues the company for violation of privacy for monitoring his email. What will a judge most likely rule?
a. The employee is entitled to damages but not to get his job back. b. The company has the right to monitor employee email. c. The employee has a right to private email communication. d. The company was within its rights but must rehire the employee.