What is the fixed-cost expenditure for a firm with a DOL of 4.5 that generates pretax profits of $1 million and has $600,000 in depreciation expense?

Financial statement fraud is easiest to commit in organizations that:

a. have democratic leadership. b. have complex organizational structures. c. have a large internal audit department. d. have a board of directors comprised primarily of outsiders.

14 + 7 + 3 = 9 + 7 + ______

Fill in the blank(s) with correct word