Which of the following is true about money laundering?
A) One difficulty with prosecuting for money laundering is that lenient laws in some states
allow those states to function as money laundering havens.
B) The primary difficulty with money laundering activities is that money laundering is not
itself illegal.
C) Although illegal, the penalties for money laundering are too small to be an effective
deterrent.
D) Money laundering is a federal crime and can carry fines up to $500,000 or more,
depending on the amount of money laundered.
D
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Managerial accounting reports should be prepared when they are needed, without regard to calendar dates or regularity of issue
Indicate whether the statement is true or false
When a firm wants to inventory demand via a reservation system and has insufficient capacity it should lower prices selectively
Indicate whether the statement is true or false
Which of the following is a major form of conducting a business?
A) institution B) charity C) corporation D) trust
Before widespread adoption of TQM, most firms assumed that
A. the advantages of mass production were insignificant. B. customers scarcely notice deficiencies in quality. C. production defects were an inevitable part of mass production. D. the cost of replacing defective parts was unacceptable. E. eliminating defects from mass production was achievable.