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vovangra [49]
2 years ago
13

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

Business
2 answers:
kondaur [170]2 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]2 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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Which of the following is considered a constructive delivery of a gift?
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Answer:

A) giving the key to a safe-deposit box where the gift is kept

Explanation:

  • A Constructive delivery possession is that acquisition when here a symbolic transfer of property. The constructive distribution of the possession is basically a right that the property is not actually managed
  • But the donor has done something to convey the possession, but the property is of such a nature that physical possession is then not possible, the creative possession of the property is sufficient to carry out the act of gift.
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2 years ago
Do you agree with the following statement: AVC and MC intersect at the minimum of marginal cost. a. Yes, since an upward sloping
insens350 [35]

Answer: c. No, since the MC and AVC curve intersect at the minimum of AVC

Explanation:

Marginal cost is the cost of producing one extra unit of a product while average cost is the average of all the units produced so far. Therefore, when Marginal cost is low, it pulls the average costs down with it because it will be lower than the Average costs.

However, as Marginal costs start to rise, average cost will still be low because it is taking into account the lower previous marginal costs. Marginal cost will then keep rising until it intersects the average costs at it's minimum. Once this happens Average cost will start being pulled up because the current high costs will on average eclipse the current low costs.

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3 years ago
I have an iPhone 11 pro, and I blocked a user about a week ago but they are still able to call me. I double and triple checked t
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Answer:

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Explanation:They will know what to do

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3 years ago
Read 2 more answers
alisa pursues the option to reallocate the bonus money which is currently only allocated to upper management. this will give emp
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Alisa pursues the option to reallocate the bonus money which is currently only allocated to upper management.<u> Problem solving conflict </u>handling style does this exhibit.

<h3>Problem solving conflict style:</h3>

In problem- solving mode, the individualities or groups in conflict are asked to concentrate on the problem, not on each other, and to uncover the root cause of the problem. This approach recognizes the oddity of one side being fully right and the other being fully wrong.

<h3>What's the meaning of conflict style?</h3>

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1 year ago
Comparative financial statements for Heritage Antiquing Services for the fiscal year ending December 31 appear on the following
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Answer and Explanation:

The computation is shown below:

1. Times interest earned ratio is

= Earning before interest and taxes ÷ Interest expense

= $19,200 ÷ $940

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2. And, the Debt to equity ratio is

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= $30,180 ÷ $55,872  

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We simply applied the above formulas so that the  financial ratios for long-term creditors could come

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2 years ago
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