Common types of financial statement fraud include creating fictitious revenues from a fake customer, improperly valuing assets, and mismatching revenues and expenses.
Answer the following statement true (T) or false (F)
True
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Answer the following statements true (T) or false (F)
1. “Quality is a virtue of design” means that if products are well designed, there will be fewer operations problems, the product will be easier to sell, and servicing the product will be less costly. 2. Capacity is the number of products an organization can produce. 3. Facilities are the physical resources used in the operations process. 4. Internal operations systems should be designed to align with the external environments.
In the context of the assessment methods used in selection, employers are likely to achieve non-biased hiring decisions if they:
A. avoid evaluating the past performance of applicants. B. limit the size of the applicant pool. C. concentrate on shaping interviewer behavior. D. screen applicants with criminal records.
Answer the following statement(s) true (T) or false (F)
During the past 10 years, new business start-ups averaged more than 400,000 per year.
Identify and explain the key components of a merchandiser’s net income.
What will be an ideal response?