The accountant for Myra Lido deliberately recorded operating expenses as operating assets in order to record a higher net income for the company
As long as the amount of the misstatement was not material, this would not be considered unethical behavior.
Indicate whether the statement is true or false
FALSE
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Choose the correct verb in parentheses. I (should, would) stay home and study tonight, since I have exams next week
You have a credit card on which your beginning balance for the month was $400. On the 10th of the month you took out a cash advance of $500. During the month you made purchases of $250
Assuming that the interest rate on purchases is 15% (1.25% per month), the rate on cash advances is 18% (1.5% per month), and there is a 1% fee on all cash advances, what would you have to pay to pay off your account if your due date is the 30th of the month. A) $1,165.00 B) $1,222.50 C) $1,305.00 D) $1,342.50
April put an advertisement in the newspaper advertising the sale of her computer for $500. Simultaneously, six people responded to the ad by mail with formal written acceptances. April is bound on all six contracts to sell her computer for $500.
Answer the following statement true (T) or false (F)
A supervisor leading a group decision-making meeting should make sure that everyone participates because
A. it stimulates groupthink, which enhances the quality of ideas. B. it is the only way to avoid the problems related to stereotyping. C. it utilizes the variety of opinions and expertise available. D. it creates an illusion of invulnerability in the group.