Which of the following factors is not a component of the fraud triangle?
A. Pressure
B. Opportunity
C. Rationalization
D. All of the above are components of the fraud triangle.
Answer: D
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Based on the above data, what is the amount of quick assets?
a. $168,000 b. $96,000 c. $60,000 d. $61,000
If the offer does not state a time for acceptance, it is valid for thirty (30) days.
Answer the following statement true (T) or false (F)
The ability of a corporation to obtain capital is
A) less than a partnership. B) about the same as a partnership. C) restricted because of the limited life of the corporation. D) enhanced because of limited liability and ease of share transferability.
The imposition of new taxes and import tariffs by a national government is an example of a
political force affecting the market. Indicate whether the statement is true or false