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kakasveta [241]
3 years ago
11

When bernard madoff used money from newer investors to pay off older ones, this was an example of ____?

Business
1 answer:
marissa [1.9K]3 years ago
3 0
It is a case of an ethical dilemma. These are circumstances in which there is a decision to be made between two choices, neither of which settle the circumstance in a morally satisfactory manner. In such cases, societal and individual moral rules can give no tasteful result to the chooser.
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Pacific Bank provides loans to businesses in the community through its Commercial Lending Department. Small loans (less than $10
Reptile [31]

Answer:

Explanation:

As auditor, I may not agree with the policy that is been changed. It

is believed that, by default there is a normal loan risk that is been associated with the business of Pacific Bank. A way to help reduce this risk is to carefully asses the loan applications. Loans that are large has greater risk in the event of default compared to smaller loans. Therefore, it is reasonable to have more than several individual involved in decision making give a loan that is very big. In addition, loans should be given base on those that meet the requirements, it should not be on the base on favoritism or people with relationship with bank president. Giving the bank president the power to give huge loans may lead to him granting loans to people who he is familiar with, without the required due process been followed. This may cause the bank to be credit exposed risks that are poor.

6 0
3 years ago
There are 11 truths in menu writing. These should be followed and in many case
Sveta_85 [38]
Quantity. Amounts and weights must be accurate. ...
Quality. The stated quality must be accurate. ...
Price. The price must be accurate and not misleading. ...
Brand Names. ...
Product Identification. ...
Point of Origin. ...
Merchandising Terms. ...
Means of Preservation.
7 0
1 year ago
Advertising is used mainly to
marta [7]
I think the answer would either be a or b. Most likely the answer would be a.

5 0
3 years ago
Would it be better to first identify task dimensions and then create specific task statements for each dimension, or should task
emmasim [6.3K]

Answer:

Task statements should be identified at first, and then used to create task dimensions. The classification of the task to dimensions, can only be dependent on the task statements.

This will help task managers to coordinate the people assigned to them.

Explanation:

Task dimension which can be defined as differentiating of task by complexity, from low to high relates to how managers coordinate activities with people over whom they have direct effect or control, when executing a given task. Before this can be done, the statements of the task should have been identified.

Task management is the process of managing task through its life cycle, including planning, testing, tracking and reporting. Task management can help either individuals achieve goals, or groups of individuals collaborate and share knowledge for the accomplishment of collective goals.

7 0
3 years ago
Favorable direct manufacturing labor efficiency variances are​ ________.
Anna35 [415]
Always credits.

Have a great day! :D
8 0
3 years ago
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