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vovangra [49]
3 years ago
13

Tyco International CEO Dennis Koslowzki was convicted of fraud because he__________________.

Business
2 answers:
kondaur [170]3 years ago
8 0

Answer:

The correct answer is letter "B": concocted accounting practices to overstate the company’s income over a four year period.

Explanation:

Ex-Chief Executive Officer (CEO) of Tyco International Leo Dennis Kozlowski (born in 1946) helped the company to boost its profits thanks to his risky management style during the but Kozlowski took advantage of the economic prosperity of the company for his personal good. He purchased different acres in Florida and made Tyco purchase him a $30 million department in Manhattan, New York.  

<em>Kolowski was charged for fraud in 2005 for rewarding himself with unauthorized bonuses for around $81 million in the 1997-2001 period.</em>

Reil [10]3 years ago
7 0

Answer:

A) Kozlowski was convicted of fraud because he used company money to buy a $30 million estate in Manhattan, Florida

Explanation:

Kozlowski prosecution’s emphasis in the first trial on lavish spending revealed that the furnishings at his Manhattan apartment included a $6,000 shower curtain and other extravagances that brought the price of the place to more than $30 million was pared in the second prosecution which led to his conviction.

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A. The purchased taxi cabs.
The gov. Uses it as capital investment since it is a mode of public transportation. The answer could also be c so people can drive it (with proper training) so other people can use it.
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3 years ago
Which of these is an example of a good with elastic supply?
DerKrebs [107]

Answer:

sandwiches

Explanation:

supplier has plenty of spare capacity to increase output

high stocks levels are available to meet raising demand

short production time frame to get products to market

easy of factor substitution is high

8 0
3 years ago
Read 2 more answers
What is the principal ?
9966 [12]

Answer

adjective

1.

first in order of importance; main.

"the country's principal cities"

Similar:

main

chief

primary

leading

foremost

first

most important

predominant

dominant

(most) prominent

key

crucial

vital

essential

basic

staple

critical

pivotal

salient

prime

central

focal

premier

paramount

major

ruling

master

supreme

overriding

cardinal

capital

preeminent

ultimate

uppermost

highest

utmost

top

topmost

arch-

number-one

Opposite:

minor

subordinate

subsidiary

2.

(of money) denoting an original sum invested or lent.

"the principal amount of your investment"

noun

1.

the person with the highest authority or most important position in an organization, institution, or group.

"a design consultancy whose principal is based in San Francisco"

Similar:

boss

chief

chief executive (officer)

CEO

chairman

chairwoman

managing director

MD

president

director

manager

employer

head

leader

ruler

controller

head honcho

gaffer

governor

guv'nor

2.

a sum of money lent or invested, on which interest is paid.

"the winners are paid from the interest without even touching the principal"

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capital sum

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working capital

6 0
3 years ago
Summarize the consequentialist arguments for and against affirmative action.
bearhunter [10]

Answer:

Explanation:

Arguments supporting Affirmative Action:

1) Affirmative action is a method that ensure the diversity is obtained and maintained in schools and workplaces. Moreover, it also helps to create tolerant communities therefore, it exposes people to a variety of cultures and ideas that are different from their own.

2)Affirmative action assists disadvantaged people that come from areas of the country where opportunities are limited  be able to advance and they otherwise could not. In other words, it bestows everybody the same playing field.

3)Affirmative action is for  to help by compensating to some races who are"started late in the race" , due to many years of oppression, and it also helps level the playing field.

Arguments against Affirmative Action:

1) Affirmative Action can be described as reverse discrimination. More specifically, past discrimination against some minority groups does not justify existing discrimination against them.

2) It weakens the notion of meritocracy and instead weakens races as a dominant factor in recruitment and recruitment procedures. Regardless of the situation, the best people for the position should be placed there.

3) Students / staff involved in the approval process are often not fully prepared for the assignment.

4) Affirmative Action strengthens stereotypes and racism compared to the previous point. People who give a position almost positively because of their activity are often unsuitable and the idea that all people in this race are "stupid" is endless.

5) People of different races or ethnic backgrounds do not need to have differences of opinion in the workplace / university. People with the same skin color are not necessarily the same in terms of vision or culture.

4 0
3 years ago
Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
krek1111 [17]

Answer:

$61

Explanation:

The computation of unit product cost for the month under absorption costing is shown below:-

Unit product cost = Direct material + Direct labor + Variable Manufacturing overhead + Fixed manufacturing cost

= $18 + $10 + $4 + ($255,200 ÷ 8,800)

= $61

Therefore for computing the unit product cost for the month under absorption costing we simply applied the above formula.

4 0
3 years ago
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