Which of the following terms refers to the misappropriation of trust funds or money held in a fiduciary capacity?

A) forgery
B) false pretense
C) defalcation
D) false token


C

Business

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All of the following statements are true about inflation except:

a. The U.S. and Germany adjust their financial statements for inflation. b. In recent years, inflation has been more rampant in Latin America and South America than the rest of the world. c. The FASB developed rules for companies in the United States to use to adjust for inflation. d. U.S. companies no longer present financial information adjusted for the effects of inflation.

Business

Which of the following best describes off invoice allowance?

A) offering channel members a long period of time before payment is due B) offering channel members below-market interest rates C) offering channel members a discount on orders for a fixed period of time D) offering money to help the channel members sell its products

Business

________ sampling uses a specific set of procedures to identify individuals from the population to be included in the research.

A. Snowball B. Quota C. Judgment D. Probability E. Convenience

Business

The charisma and superior strategy of a leader would be evaluated as a strength of a company

due to its ________. A) culture B) reputation C) customers D) people

Business