Under Title VII, in cases of discrimination, punitive damages are:
a. available for intentional or unintentional discrimination resulting from ordinary negligence when an employer has violated an employee's federally protected right
b. available only for intentional discrimination resulting frommere indifference when an employer has violated an employees federally protected right
c. available only for intentional discrimination resulting frommalice or reckless indifference when an employer has violated an employees federally protected right
d. not allowed or available
C
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The best example of a company resource is
A. having a larger number of competitive assets than competitive liabilities. B. having higher earnings per share and a higher return on shareholders' equity investment than key rivals. C. having more built-in key success factors than rivals. D. being totally self-sufficient such that the company does not have to rely in any way on key suppliers, partnerships with outsiders, or strategic alliances. E. having proven technological expertise and an ability to churn out new and improved products on a regular basis.
The two sub-strategies of the advertising strategy are the
A. customer-satisfaction strategy and the profit strategy. B. stakeholder strategy and the creative strategy. C. message strategy and the media strategy. D. planning strategy and the implementation strategy. E. creative strategy and media strategy.
Provide two examples of where management override of controls occurred in the Comptronix fraud.
Auditing standards note that there is a possibility that management override of controls could occur in every audit and accordingly, the auditor should include audit procedures in every audit to address that risk.
What is a precautionary balance?
A) the cash a firm holds to counter the uncertainty surrounding its future cash needs B) the cash a firm places into short-term investments C) the cash a firm holds in order to pay its bills D) the cash a firm holds to gain tax advantages