Occupational fraud:
A. Will be prevented when companies employ an auditor.
B. Is the use of one's occupation for personal enrichment through the deliberate misuse or misapplication of the employer's resources.
C. Is committed only by lower-level employees.
D. Occurs in only a few organizations and generally involves minor amounts.
Answer: B
You might also like to view...
Which of the following is a disadvantage to curation sites?
A) Curation sites have the potential to reshape audience behavior. B) Curation sites can include extensive shared expertise in a variety of fields. C) Curation sites allow anyone in the community to share experiences. D) Curation sites require tight control over the message. E) Curation sites have little regulation regarding content ownership.
"The social responsibility of business managers is simply to pursue profit within the law." How does the economic model of corporate social responsibility (CSR) justify this statement?
What will be an ideal response?
The inventory valuation method that identifies each item in ending inventory with a specific purchase and invoice is the:
A. Last-in, first-out method. B. Retail inventory method. C. Specific identification method. D. Weighted average inventory method. E. First-in, first-out method.
An offer may be stated in words or implied from the actions of the offeror
Indicate whether the statement is true or false