Even if they were unaware of the fraud, accountants may be held accountable for it.
<h3>How does constructive fraud work?</h3>
A legal fable known as "constructive fraud" describes a circumstance in which a person or organization obtained an unfair advantage over another using dishonest or unjust means. As opposed to true fraud, no proof of intent is required. The failure to inform clients of product flaws is one example of unfair practices.
The elements are:
1) a duty owed by the party to be charged to the complaining party due to their relationship;
2) violation of that duty by making deceptive material misrepresentations of past or current facts or remaining silent when a duty to speak exists; and
3) reliance on such statements by the complaining party.
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The demand will increase most likely
False. Risks of fixed costs of a business are more for an alliance than an independent firm. Businesses have risks and without any risk, comes a smaller reward. Taking a risk often yields a larger profit and room to grow/expand. Fixed costs are are costs that stay constant no matter the quantity of goods or service produced.
Answer:
hello your question is incomplete attached below is the complete question
answer :
For Negative cross-price Elasticity :
DVD players and DVD and Shampoo and conditioner
Positive cross-price Elasticity :
Beer and Wine and Soda pop and iced tea
Zero cross-price elasticity :
Coffees and shoes
Explanation:
<u>For Negative cross-price Elasticity : </u>
DVD players and DVD and Shampoo and conditioner ; this is because the percentage change in the price of any of the good will affect the demand for both goods negatively or positively
<u>For positive cross-price Elasticity :</u>
Beer and Wine and Soda pop and iced tea : The percentage change in the price of any of the good will affect the demand of the other good positively ( increase in demand of the other good )
<u>For Zero cross-price Elasticity </u>:
Coffees and shoes; The percentage change in the price of any of the good will not affect the other because both goods are not related
Answer:
$236,900
Explanation:
Computation for net cash provided by operating activities using the indirect method
Net income $228,900
Add : Account receivables $80,000
Less: Prepaid expenses ($28,500)
Less :Inventories ($43,500)
NET CASH by OPERATING ACTIVITIES $236,900
Therefore net cash provided by operating activities using the indirect method is $236,900
