Which of the following items would most likely be a violation of the materiality constraint?
A) A company did not separately report an unusual gain of $100,000. Its income from operations was $20,000,000.
B) A company having reported total assets of $50,000,000 immediately expensed the purchase of 20 pencil sharpeners that have an estimated useful life of three years.
C) A $75,000 illegal bribe by an executive of the company to a foreign official was not separately disclosed in the annual report.
D) A $2,000 expenditure to improve a building that originally cost $10,000,000 was immediately expensed.
C
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"The training session was worthwhile; it was worthwhile because employees learned to do the task correctly.". is an example of which of the following techniques used for emphasis?
a. Position b. Repetition c. Words that label d. Passive voice
A periodic share repurchase plan allows investors to buy more shares by reinvesting dividends they receive on a company's stock
Indicate whether the statement is true or false.
Individuals tend to invest in mutual funds that have recently been performing well
Indicate whether the statement is true or false.
Which organizational change is represented by a company initiating the use of electronically linked work teams?
A) strategy: changing the company direction B) technology: changing machines and processes C) people: changing perceptions D) people: changing attitudes E) structure: changing the management hierarchy