Tim Donaghy was a referee for the NBA. Mr. Donaghy began betting in 2003 on NBA games. He also provided tips to other gamblers on who would win games in which he was serving as a referee. Mr. Donaghy's actions:
A) were illegal under federal law, but not an ethical breach
B) were a conflict of interest.
C) were not a breach of ethics because he used the money he made for a summer camp for underprivileged children.
D) None of the above
D
You might also like to view...
In the communication model, the ________ can be any organization or individual that intercepts and interprets a message
A) medium B) receiver C) source D) encoder E) noise source
For external reporting purposes, product costs must be classified into only three categories
Indicate whether the statement is true or false
On December 31, a business estimates depreciation on equipment used during the first year of operations to be $2,900 . (a) Journalize the adjusting entry required on December 31 . (b) If the adjusting entry in (a) were omitted, which items would be erroneously stated on (1) the income statement for the year and (2) the balance sheet as of December 31?
The Mortgage Reform and Anti-Predatory Lending Act of 2010 regulates only mortgages that are not subprime
a. True b. False Indicate whether the statement is true or false