Which of the following would not appear on an income statement?
a. Sales revenue
b. Cost of goods sold
c. Accounts receivable
d. Insurance expense
c
Business
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Fraud for profit accounts for ____________ of mortgage fraud cases.
A. 10% B. 40% C. 60% D. 80%
Business
In which of the following cases can the alter ego doctrine be invoked?
A) when shareholders bring a lawsuit on behalf of the corporation after the corporation failed to do it itself B) when unpaid creditors are trying to collect from shareholders who owe a debt to the corporation C) when there is a mismanagement of stocks by the board of directors D) when shareholders are trying to collect for fraud committed by a third party
Business