Which of the following statements regarding fraud on behalf of an organization is true?

a. Middle management is usually the perpetrator.

b. This type of fraud benefits top executives as it generally increases stock price.

c. This type of fraud includes inflating expenses in order to save of corporate income taxes.

d. Financial statement fraud is common among publically-traded companies who must meet the public's expectations.


b

Business

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The so-called ______ shows the amount of one product that a nation must sacrifice in order to obtain one more unit of the second product.

a. autarkic cost b. marginal rate of transformation c. technology cost d. accounting cost

Business

A projected cost for the future is a

a. direct cost. b. fixed cost. c. inventoriable cost. d. budgeted cost.

Business

Grady Corporation provides the following financial information

Minimum acceptable operating income $556,600 Average total assets $2,000,000 Operating income $708,000 Return on investment 35.40% Net sales $900,000 Calculate the target rate of return. (Round your answer to two decimal places.) A) 27.83% B) 78.67% C) 35.40% D) 61.84%

Business

In the context of effective teams, which of the following teams best represents the characteristic of cognition?

A. A team in which members ask, "What can I do to help you?" B. A team that has clear roles and norms C. A team in which members have ready access to resources and information D. A team that has a strong team orientation

Business