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Angelina_Jolie [31]
2 years ago
7

Why are successful white-collar criminals such as madoff able to carry out their schemes for so long when similar types of fraud

often collapse at an early stage?
Business
1 answer:
suter [353]2 years ago
7 0
The reason why white collar criminals are able to carry out their crimes or schemes for a long period of time compared to those who has the same schemes as them because white collar criminals are different to other people, for they have high intellect and are ambitious to what they do, that is why they could escape from their schemes or hide them compared to those ordinary people who are caught an collapse in the early stage.
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Which of the following errors would cause the adjusted trial balance to be unequal? a. The adjustment for prepaid insurance was
zalisa [80]

Answer: Option (C) is correct.

Explanation:

There is a adjustment entry for depreciation of $3,545 but the amount that is debited as depreciation expense is different from the amount that is credited as accumulated depreciation.

Depreciation Expense A/C     Dr.     $3,454

To Accumulated Depreciation                          $3,545

This will lead to an unequal adjusted trial balance.

Option 'A' and 'B' has no effect on the adjusted trail balance to be unequal because whole transaction is omitted.

Option 'D' also has no effect on adjusted trail balance because the debit and credit amount will still match.

3 0
3 years ago
What is the MAIN reason why some stores want to close on Thanksgiving?
Contact [7]

\mathrm {Hey, there!}

Your answer is:

It is too difficult to compete with major retailers like Target and Best Buy.

When a lot of people buy things from a store, there is a lot of turbulence in many stores, espeically in big retailers. The answer will be It is too difficult to compete with major retailers like Target and Best Buy.

Best of Luck!

8 0
2 years ago
Read 2 more answers
Two companies share a market, in which they currently make $5,000,000 each. Both need to determine whether they should advertise
snow_tiger [21]

Answer: Please refer to Explanation.

Explanation:

Two Companies. We shall call them A and B.

If A and B decide not to advertise, they both get $5,000,000.

If A advertises and B does not then A captures $3 million from B at a cost of $2 million meaning their payoff would be,

= 5 million - 2 million + 3 million

= $6 million.

A will have $6 million and B will have $2 million as $3 million was captured from them. This scenario holds true if B is the one that advertises and A does not.

If both of them Advertise, they both reduce their gains by $2 million while capturing $3 million from each other so they'll essentially both have just $3 million if they both decide to advertise.

With the above scenarios, it is better for both companies to ADVERTISE if there is NO COLLUSION. This is because it ensures that they do not get the lowest payoff of $2 million if the other company decides to advertise and they do not.

However, if they DO COLLUDE. They must both decide that NONE of them SHOULD ADVERTISE and this would leave them with their original $5 million each which is a higher payoff than the $3 million they will both receive if they were both advertising.

3 0
3 years ago
Carl Critic has just announced his choices of the worst Hollywood actresses of the year, and Stella Starr has been named the wor
Alekssandra [29.7K]

Answer: No, this was merely Carl's opinion.

Explanation:

Labelling a statement as an opinion generally protects the person who said it from defamation suits however this is not always the case.

If the opinion is based on disclosed and well known facts, the action is free of defamatory or libel charges.

This seems to be the case in this scenario as his column seems to be based on the performances for the year.

Bottomline is, Stella cannot sue Carl for libel as it is his opinion.

7 0
2 years ago
Which of the following statements is true about payday loans?????
devlian [24]

Answer:

a.

Explanation:

XSGFKXHIUHDIHGDAOUYGGAOGOAIGHuihifdughoispuhgihgaph

3 0
3 years ago
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