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Luden [163]
4 years ago
8

What type of fraud involves intentional deception on the part of an individual or group in order to derive an unfair economic ad

vantage over an organization?
Business
2 answers:
Lina20 [59]4 years ago
6 0

Answer: Consumers fraud

Explanation:

Consumer fraud is defined as deceptive business practices which subject consumers to suffering financial or other losses. The preys believe they are participating in a legal and valid business transaction when they are actually being swindled.

Drupady [299]4 years ago
4 0

Answer:

C. Consumer

Explanation:

Consumer fraud is a situation whereby a person or an individual suffers from financial loss. It is the use of deceptive, unfair, false or misleading business practices in order to gain unfair economic advantage, causing individuals to suffer personal and financial losses. In cases of consumer frauds, the individuals who are the victims believes they are taking part in a legal and valid business transactions when they are actually being defrauded of their money.

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On September 30, Silver Corporation, a calendar year taxpayer, sold a parcel of land (basis of $400,000) for a $1 million note.
lora16 [44]

Answer: Sam must report $700,000($900,000 - $200,000) for tax purposes.

Explanation:

Because Sam is the sole shareholder of Silver, and has a basis of $200,000 in his stock. Once Silber distributes $900,00to Sam on December 31

3 0
3 years ago
On October 1, 2020 Bonita Industries issued 5%, 10-year bonds with a face value of $8090000 at 103. Interest is paid on October
V125BC [204]

Answer:

a credit of $242700 to Premium on Bonds Payable

Explanation:

Based on the information given The journal entry to record the issuance of the bonds would include a credit of $242700 to Premium on Bonds Payable which is calculated as:

Premium on Bonds Payable=[($8090000*103%)-$8090000

Premium on Bonds Payable=8,332,700-$8090000

Premium on Bonds Payable=$242700

Therefore The entry to record the issuance of the bonds would include a credit of $242700 to Premium on Bonds Payable

6 0
3 years ago
A(n) ____ is an object that produces each element of a collection, such as a linked list, one element at a time.
dimaraw [331]

A collection of elements, such as a linked list, is produced one element at a time by an object known as an iterator.

<h3 /><h3>What is an iterator?</h3>

Java's collection framework uses iterators to fetch elements one at a time. It is a universal iterator since any collection object can use it. We can do both read and remove actions with the help of an iterator. It is an enhanced version of enumeration that now can remove an element. Every time we want to enumerate elements in any collection framework defined interfaces, such as Set, List, Queue, Deque, and any implemented classes of Map interface, we must use an iterator. The only cursor offered across the board by the collection framework is the iterator. Calling the iterator() function on the collection interface will provide an iterator object.

To know more about iterator, visit:

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7 0
2 years ago
In cultures that are high in uncertainty avoidance,————-
lukranit [14]

Culture is known to be the way of life of people in a particular place. In cultures that are high in uncertainty avoidance is one where orderliness, consistency, and structure are important.

  • Uncertainty avoidance is simply known as the way cultures socialize its people or members to feel in uncertain, novel, surprising, or in surprise situations.

People who have high uncertainty avoidance cultures often capitalizes on strict orderliness and consistency in behavior.

Conclusively, The ability to approach cross-cultural work relationships with a learner mind-set is known to be an attribute of high cultural intelligence.

Learn more about Culture from

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6 0
2 years ago
References that employers trust for the most accurate reporting include _____. a. friends b. relatives c. counselors d. parents
boyakko [2]

Counselors are one of the references that employers trust for the most accurate reports. As a result, option (c) is the proper response.

<h3>Which are considered the most-trusted references by the employer?</h3>

Counselors are one of the references that employers trust for the most accurate reports.

Employers do not trust the friends, relatives, and parents of prospective employees or employees to provide an accurate report because they believe they are not professional enough and that because of their proximity to the employee, they may provide false information in order to benefit the employee.

Employers view counselors as more professional and more likely to provide accurate information.

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7 0
2 years ago
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