According to the ACFE study, when it comes to fraud losses
a. the median fraud loss caused by males is more than double that caused by females
b. most frauds are committed by individuals acting alone
c. managers commit more frauds that employees
d. all of the above.
A
Business
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Parrish Industries has bonds outstanding (originally sold for $5,400,000) in the amount of $6,000,000 with a current bond discount of $100,000. The bonds were selling at 104 on the market at its year end. What should be the balance of the Fair Value Adjustment on Bonds Payable?
A) $340,000 debit balance B) $840,000 debit balance C) $840,000 credit balance D) $340,000 credit balance
Business
Executive salaries are typically considered variable costs
Indicate whether the statement is true or false.
Business