The fraud at healthsouth at the structural level of the company was more intense because checks and balances were eliminated and organizational culture was compromised
The HealthSouth fraud took place in an intriguing time of economic expansion and lax laws, which made accounting fraud considerably simpler. Investors and lenders were more concerned with revenue in the 1990s than they were with profitability. Growth was important when a company was asking for funding. CEOs were under pressure, including Scrushy, to maintain company growth and consistently above analyst predictions. Along with this increased demand for growth, there emerged an odd legal climate.
The HealthSouth CFOs (described as: filling "holes" in the balance sheet with "dirt") changed their earnings figures. The fraud went unnoticed until 2003, when Weston Smith, a former HealthSouth CFO, told federal authorities about it. It involved inappropriately capitalizing spending, overestimating insurance reimbursements, overvaluing fixed assets, and employing flawed reserve accounting.
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Answer:
The correct answer is letter "D": I, II, and III.
Explanation:
Portfolios are pools of assets that allow small investors to access to diversified investment vehicles managed by professionals. Adding new securities to a portfolio requires knowledge of the asset:
- Expected return:<em> returns expected from an investment given the investment's historical returns.
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- Standard deviation:<em> measure applied to the annual rate of return of the investment to measure the volatility of the investment.
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- Correlation:<em> statistical measurement of how two securities move in relation to each other.</em>
Answer:
(E). A person receives clear information about performance effectiveness from the work itself.
Explanation:
According to the Job characteristics model, an employee gets motivation from the job itself, and there are five characteristics that improve an employee's performance on the job. One of these characteristics is "feedback".
The model defines feedback as the <u>extent to which an employee receives information about how effective his or her job performance has been.</u>
It <span>would indicate the amount Expired.
Prepaid rent is a type of rent expense that you paid up-front for the future use.
In accounting, adjustment is made towards prepaid rent at the end of the year in order to find the true value ofremaining prepaid rent.
This value is being calculated by finding the fees of the rent per month and reducing it with the total by the end of the year</span>
