What effect has the False Claims Act had on ethical claims among organizations in the United States?
a. It has had no discernible effect.
b. It has largely taken the place of internal ethics reporting systems.
c. It has resulted in billions of dollars in civil fraud settlements and judgments against
corporations.
d. It has reduced the number of ethical claims made within corporations.
c. It has resulted in billions of dollars in civil fraud settlements and judgments against
corporations.
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Which of the following accounting conventions would an accountant most likely apply when facing major uncertainties?
a. Full disclosure b. Conservatism c. Materiality d. Consistency
Which of the following concepts best characterizes the accrual basis of accounting?
a. Conservatism b. Matching c. Understandability d. Going concern e. Unit of measurement
What is an effective way to let the audience know early on what reward they can gain from your presentation?
a. Use a reward in the attention getter. b. Pass around a sign-up sheet for extra credit points. c. Set up drawings and offer door prizes. d. Create flyers that advertise hors d’oeuvres.
Reusing the exact same words is referred to as ______.
Fill in the blank(s) with the appropriate word(s).