Scienter is the element of fraud that requires that the misrepresentation must have been known by the one making it to be false and must have been made with an intent to deceive
a. True
b. False
Indicate whether the statement is true or false
True
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A retailer has a data base of past sales by size distribution. This data base is used as a guide in ordering decisions. The data base is an example of _____
a. external secondary data b. internal secondary data c. a survey d. primary data
Describe the various brand strategies.
What will be an ideal response?
Bob, an HR executive at Axis Inc., is moving from an operational role in the HR department to a strategic role. Which of the following best describes the change in Bob's role?
A. Moving from serving as "champion" for employee concerns to helping management define the business strategy relative to human capital B. Moving from helping management define the strategy to manage human capital to processing legal paperwork C. Moving from processing legal paperwork to serving as a "champion" for employee concerns D. Moving from processing legal paperwork to helping management define the strategy to manage human capital
Which of the following is an example of managing earnings up?
a. Decreasing estimated salvage value of equipment. b. Writing off obsolete inventory. c. Underestimating warranty claims. d. Accruing a contingent liability for an ongoing lawsuit.