According to the ACFE study, which of the following is the most common form of occupational fraud?
a. bid-rigging.
b. fraudulent statements.
c. corruption.
d. asset misappropriation.
d
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Firms that indulge in price fixing
A. decide how much to charge for a product. B. undercut the price quoted by a seller to a buyer. C. charge different prices to different customers. D. do not sell to two or more different buyers.
Segment profitability analysis includes the preparation of a segmented income statement
Indicate whether the statement is true or false
As a judge, Baxter applies common law rules. These rules develop from
A) decisions of the courts in legal disputes. B) regulations issued by administrative agencies. C) statutes enacted by Congress and the state legislatures. D) uniform laws drafted by legal scholars.
In the context of small businesses, which of the following is an alternative for improving profits?
A. Increasing the productivity of people and machines B. Removing a summer product from a winter line of products C. Selling products on the basis of price alone D. Buying all components of a product from the outside