The fraud triangle represents a geographic area in Southeast Asia where international fraud is prevalent

Indicate whether the statement is true or false


F

Business

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The following information relates to the defined benefit pension plan of the Steamer Company for the year ending December 31 . 2014: Projected benefit obligation, January 1 .............. $4,600,000 Projected benefit obligation, December 31 ............ 4,729,000 Fair value of plan assets, January 1 ................. 5,035,000 Fair value of plan assets, December 31 ............... 5,565,000

Expected return on plan assets ....................... 450,000 Amortization of deferred gain ........................ 32,500 Employer contributions ............................... 425,000 Benefits paid to retirees ............................ 390,000 Settlement rate ...................................... 10% The net periodic pension cost reported in the income statement for 2014 would be a. $11,500. b. $24,000. c. $36,500. d. $59,000.

Business

Janie a farmer sellers a dozen ears of corn to her neighbor for $1/dozen

a. $0.08 each

b. $0.12 each

c. $0.06 each

d. $0.04 each

e. $0.20 each

Business

How would you prove that you have a case of negligence against a person that would stand up in court?

Business

Your employer gives you a stock bonus of $1,000 in your company at the end of each year. You

plan to retire in 20 years. The stock has a growth rate of 15 percent per annum. What will the value of your stock be in 20 years? A) $86,421.00 B) $117,810.10 C) $72,035.10 D) $102,443.60 E) Cannot determine with the information provided.

Business