Which of the following statements is true of white-collar crimes?
A) Businesspersons who get caught automatically lose their status among their peers.
B) Corporate crime is facilitated because the adversarial relationship between the corporation and the government agency "watchdog" is very strong.
C) A corporation's personnel and operating procedures strongly discourage its employees from committing these crimes.
D) Decision making is often distributed among various individuals, which makes these crimes easy to commit.
D
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Defensive strategic market plans are strategies that ________
A) have a 3- to 5-year time horizon B) require investment in order to produce sales growth C) are not particularly effective at growing sales revenue D) limit short-run profit performance E) improve the long-run share position
Every week, Gail puts together a summary of all the information about all the flights coming up in the next month and emails it to the client. This most likely allows her to:
A) cover her tracks so she can provide a record of customer service B) save on the transmission time it would take to fax the information C) leave the details to the client to arrange D) keep the client informed in real time as arrangements are made E) keep the client informed without overwhelming them with multiple emails
Frauds involving collusion:
a. represent approximately 70 percent of all frauds committed. b. are generally easier to detect because they involve more than one person. c. generally involve the largest dollar amounts of loss. d. All of the choices are true of frauds involving collusion.
The accounts of Delphinia Dreams, Inc showed the following balances at the beginning of October
Account Debit Raw Materials Inventory $31,000 Work-in-Process Inventory 44,000 Finished Goods Inventory 54,000 Manufacturing Overhead 20,000 During the month, direct materials amounting to $21,000 and indirect materials amounting to $6,000 were issued to production. What is the ending balance in the Work-in-Process Inventory account following these two transactions? A) $44,000 B) $65,000 C) $10,000 D) $26,000