1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
agasfer [191]
3 years ago
11

Explain the role of cognitive shortcomings in the WorldCom fraud and how social and organizational pressures influenced Betty Vi

nson’s actions. Mintz, Steven. Ethical Obligations and Decision-Making in Accounting: Text and Cases (p. 114). McGraw-Hill Higher Education. Kindle Edition.
Business
1 answer:
bulgar [2K]3 years ago
6 0

Answer: Ethical Obligations and Decision-Making in Accounting-The Heading  is devoted to helping students cultivate the ethical commitment needed to ensure that their work meets the highest standards of integrity, independence, and objectivity.

* This program is designed to provide instructors with the flexibility and pedagogical effectiveness, and includes numerous features designed to make both learning and teaching easier.

Explanation: The first, addressed in Part I, is the administrative cost of deregulation, which has grown substantially under the Telecommunications Act of 1996.Part II addresses the consequences of the FCC's use of a competitor-welfare standard when formulating its policies for local competition, rather than a consumer-welfare standard. I evaluate the reported features of the FCC's decision in its Triennial Review. Press releases and statements concerning that decision suggest that the FCC may have finally embraced a consumer-welfare approach to mandatory unbundling at TELRIC prices. The haphazard administrative process surrounding the FCC's decision, however, increases the likelihood of reversal on appeal.Beginning in Part III, I address at greater length the WorldCom fraud and bankruptcy. I offer an early assessment of the harm to the telecommunications industry from WorldCom's fraud and bankruptcy. I explain how WorldCom's misconduct caused collateral damage to other telecommunications firms, government, workers, and the capital markets. WorldCom's false Internet traffic reports and accounting fraud encouraged overinvestment in long-distance capacity and Internet backbone capacity. Because Internet traffic data are proprietary and WorldCom dominated Internet backbone services, and because WorldCom was subject to regulatory oversight, it was reasonable for rival carriers to believe WorldCom's misrepresentation of Internet traffic growth. Event study analysis suggests that the harm to rival carriers and telecommunications equipment manufacturers from WorldCom's restatement of earnings was $7.8 billion. WorldCom's false or fraudulent statements also supplied state and federal governments with incorrect information essential to the formulation of telecommunication policy. State and federal governments, courts, and regulatory commissions would thus be justified in applying extreme skepticism to future representations made by WorldCom.Part IV explains how WorldCom's fraud and bankruptcy may have been intended to harm competition, and in the future may do so, by inducing exit (or forfeiture of market share) by the company's rivals. WorldCom repeatedly deceived investors, competitors, and regulators with false statements about its Internet traffic projections and financial performance. At a minimum, WorldCom's fraudulent or false

You might be interested in
Student tuition at Boehring University is ​$150 per semester credit hour. The state supplements school revenue by ​$80 per semes
Butoxors [25]

Answer:

Explanation:

Revenue is $150 per semester credit hour

Materials cost = $21*45=$945

Labor cost = $4500

Overhead cost = $27,000

Total cost=$945+$4500+$27,000=$32,445

Multifactor probability = Revenue/Total cost = (150+80)*45/32,445=10,350/32,445 = 0.32

8 0
4 years ago
Q2. Why is the biotech industry a global industry?
CaHeK987 [17]
I can help with question two, but not question three. 
The answer to question two is that biotech companies are part of the global industry from day one. Because capital is global, diseases know no borders, people are mobile, and you can get science anywhere in the world, there is an immediate competition with all other bioscience companies in the world.  
In other words, when you start a biotech company in the US, you are immediately competing with biotech companies in Japan, the UK, etc. because you're all competing for the same capital, the same consumers, the same pharmacies, etc. 
My best guess for question three is just that regulations are always important for global businesses (or really any business in general) as they protect both the businesses, the employees, and the consumers. In the case of biotech businesses, they protect people from false advertising of the benefits of products for example. 
Hope this helps!
6 0
3 years ago
Which of the following does NOT increase food intake?a) serotoninb) beta-endorphinsc) decreased blood glucose levelsd) neuropept
Shalnov [3]

Answer:

Serotonin

Explanation:

Serotonin is a neurotransmitter that gives people a feeling of happiness, vitality and vitality. It is therefore known as the happiness hormone. In the absence of a depressed, tired, distressed mood is seen. Structurally, it belongs to the monoamine group and is synthesized from the amino acid tryptophan.  When serotonin is released in the brain, the blood vessels contract and contract; as serotonin levels decrease, it expands.  Serotonin levels in the body are high before migraine attacks and decrease after the attacks.  All factors such as hunger, fatigue, stress, food, light and medicine affect the level of serotonin in the human body not serotonin could increase food intake. Stress and low blood sugar decreased serotonin levels; Oxygen, vomiting, foods containing amines (eg cheese, chocolate, orange, tangerine, tomato) and foods containing a type of amino acid called tryptophan (eg milk, turkey meat) increase the level of serotonin.

In addition, various hormones affect the level of serotonin in the human body. For example, an increase in estrogen (female hormone) in the female body causes an increase in serotonin levels; likewise, a decrease in estrogen hormones during menstruation reduces the level of serotonin, which may cause migraine to begin as a result of excessive dilation of blood vessels. In addition, serotonin binds to its receptors in dopaminergic neurons and reduces dopamine secretion. Serotonin deficiency has an effect on the occurrence of depression. In the treatment of depression and anxiety, serotonin reuptake inhibitor (serotonin re-use synapse interval, the secretion of neurons that destroy secretion) drugs are used.  One of its important effects is that it stimulates the muscles to stimulate glycogenolysis and causes contraction of the bronchial muscles.

8 0
4 years ago
​Fedor, Inc. has prepared the following direct materials purchases​ budget: Month Budgeted DM Purchases June $ 67 comma 000 July
OLga [1]

Answer:

Total cash payment= $77,510

Explanation:

Giving the following information:

Purchases:

August= 76,300

September= $78,400

October= $80,000

All purchases are paid for as​ follows:

10​% in the month of​ purchase

40​% in the following​ month

50​% two months after purchase.

<u>Cash payment October:</u>

Purchases on cash October= 80,000*0.1= 8,000

Purchases on account September= 78,400*0.4= 31,360

Purchases on account August= 76,300*0.5= 38,150

Total cash payment= $77,510

8 0
4 years ago
Which statement is a positive economic statement? A. Gov ernment should be subject to the same rules as all other institutions B
klio [65]

Answer:

C. There has been an increase in the rate of inflation

Explanation:

We should make the difference between positive statements and normative statements.

positive economics tries to understand behavior without judgments

while normaives, are the evalation on the positive economics. It prescribes a course of action like "higher education should be free"

In this case, only statment C is a positive statement as it does not inccurs in any sugestions. It only describes a situation without judgments on the oucome.

3 0
3 years ago
Other questions:
  • Determine the following estimate without using a calculator. Then use a calculator to perform the computation necessary to obtai
    11·1 answer
  • Daniel, Steven, and Chris work as engineers in Connecticut. The demand for engineers starts to decline as their company’s profit
    7·1 answer
  • Gerry is assessing global entry strategies for his gourmet sandwich business. He does not want to take a lot of risk and he is w
    12·1 answer
  • Under which of these market classifications does each of the following most accurately fit?
    14·1 answer
  • Suppose the rate of return on a 10-year T-bond is 6.90%, the expected average rate of inflation over the next 10 years is 2.0%,
    9·1 answer
  • Compute conversion costs given the following data: direct materials, $347,500; direct labor, $196,300; factory overhead, $187,90
    11·1 answer
  • On July 1, Year 1, Howe Corp. issued 300 of its 10%, $1,000 bonds at 99 plus accrued interest. The bonds are dated April 1, year
    5·1 answer
  • On January 1, 2021, Dean Corporation signed a ten-year noncancelable lease for certain machinery. The terms of the lease called
    5·1 answer
  • What is the purpose of Journals in the accounting cycle?
    10·1 answer
  • Estimated cost and operating data for three companies for the upcoming year follow:
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!