The total amount of money that an employee is paid is called ____________________

Fill in the blank(s) with correct word

gross pay

Business

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When is a duty to disclose fraud to parties other than the entity's senior management and its audit committee most likely to exist?

a. When the amount is material b. When the fraud results from misappropriation of assets rather than fraudulent financial reporting c. In response to inquires from a successors auditor d. When a line manager rather than a lower-level employee commits the fraudulent acts

Business

If a buyer intended to occupy the property as a principal residence when the purchase contract was signed, the liquidated damages paid cannot generally exceed:

a. 2% of the purchase price. b. 3% of the purchase price. c. 5% of the purchase price. d. Whatever was agreed-upon.

Business