Compare and contrast money laundering and embezzlement. Give an example of each
Both money laundering and embezzlement are crimes involving illegally obtained money. Money laundering involves taking the proceeds of criminal activities and either using the money to promote crime or attempting to conceal the source of the money. An example might be a drug dealer who gets large sums of cash and filters the money back into the economy by showing it as income from a restaurant he also owns. Embezzlement is the fraudulent conversion of property that is already in the defendant's possession. For example, a corporation's financial officer writes an occasional check to herself on the corporate account, without the company's knowledge or approval.
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Which of the following is NOT true regarding your outline?
a. It is a good idea, but not necessary. b. It helps guide your speech. c. It ensures that your speech has unity and coherence, and that every one of your main points and subpoints is well developed and adequately supported. d. It helps you verify that your points are supported.
As a manufacturer increases price, the ________ drops
A) target B) break-even point C) marginal revenue D) total cost E) variable cost
Bob's division posted sales of $10 million in the previous fiscal year, falling short of the budgeted $11 million. The shortfall was due to a variety of factors, including staffing turnover, client-directed work scope reductions, increased competition from new entrants to the marketplace, and an unfavorable economy. In Bob's annual performance review, Bob's manager directed Bob to develop two SMART goals for the coming year-one to address division sales, and one to address staffing turnover. Provide a hypothetical example of each.
What will be an ideal response?
Steve and Heather decided to form a partnership on April 1. Steve invested $60,000 and Heather invested $40,000. Net income for the fiscal year ended March 31 was $110,000. Each partner is to receive 10% on their original investment. Steve and Heather are to receive a salary allowance of $35,000 and $45,000, respectively. The remainder is to be divided as follows: 70% to Steve and 30% to Heather. Determine the amount of net income that Steve and Heather would have received.
What will be an ideal response?