A true statement about an effective internal mechanism of whistle-blowing is that:

A. it should disallow confidentiality and anonymity.
B. it must expose unethical behaviors to the press.
C. it must strive to protect the rights of the accused party.
D. it occurs when employees report wrongdoing to legal authorities.


Answer: C

Business

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Excessive earnings management typically begins as a result of

a. a regulatory investigation. b. pressure to meet the expectations of stakeholders. c. a downturn in business. d. a violation of generally accepted accounting principles.

Business

The closing in a bad-news communication to employees must never look forward or discuss what will happen next because doing so can create a legal obligation

Indicate whether the statement is true or false

Business

A minimization objective function could be used by the modeler in any of the following situations except:

a. When trying to optimize profit. b. When trying to minimize production waste. c. When trying to improve processing times. d. When trying to optimize cost.

Business

Ship Shape Marine (SSM) needs $92 million to support future growth. If SSM issues bonds to raise funds, flotation (issuance) costs will be 8 percent. Each bond will be sold for $1,000; fractions of bonds cannot be issued. How many bonds must be issued so that SSM has $92 million after flotation costs to use for its planned growth?

A. 99,360 B. 92,000 C. 100,000 D. 84,640 E. 108,000

Business