A business process is a standardized set of activities that accomplish a specific task, such as processing a customer's order.
Answer the following statement true (T) or false (F)
True
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Benford's law can help detect fraud by:
a. establishing weaknesses in the accounting control system. b. identifying accounting anomalies. c. focusing on unexplained changes. d. identifying possible attempts by fraudsters to make stolen amounts look random.
An investment contract is a flexible standard for defining a security
Indicate whether the statement is true or false
Which of the following statements is true about malpractice suits?
A) They are service liability suits brought against professionals. B) They are service liability suits brought against manufacturers. C) Strict liability is usually applied to malpractice suits. D) Strict liability is generally not applied if the defendant has provided both a good and a service.
Sara Newman, CEO of Newman Enterprises, needs to send a bad-news memo to her immediate staff postponing the payment of their bonus for three months. Please answer the questions below. Sara ends her memo by ____.
A. thanking the staff for their efforts B. reminding the staff of how their actions contributed to lower company sales and the delay in the bonus checks C. both a. and b. D. neither a. nor b.