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LekaFEV [45]
3 years ago
14

Rinetin corporation has been falsifying its financial statements for the past year. the staff in the accounting department of th

e company have been fake employee ids and recording payments on the company's payroll. the funds sent to these fake employees are then redirected to the company's bank accounts. when rinetin corporation is audited, the auditors fail to discover this fraud because of their negligence. months later, a whistle-blower alerts the appropriate authorities about the company's deceptive practices. in this scenario, the accountants who conducted the audit of the company will be held civilly liable under __________.​
Business
1 answer:
max2010maxim [7]3 years ago
8 0

The accountants who conducted the audit in the Rinetin Corporation who fail to discover the falsification of the company's financial statements for the past year because of their negligence will be held civilly liable under Section 11(a) of the Securities Act of 1933.





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A code

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The protocol that a business sticks to on a day-to-day basis is called a code.

The ethics of two businesses can be different.

Explanation:

A code is something the business sticks to day to day. Its their code of stature.

Business ethics may be different across businesses. Some businesses may handle things differently in terms of their ethics than others.

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In order to increase the aggregate revenue on the product (corn) whose revenue is inelastic, the farmers should decrease the number of acres on which they grow or plant the corn.

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Britain

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