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3 years ago

Betty Vinson improperly capitalized line costs at her boss's direction. Which company did she work for

Business

1 answer:

Naddik [55]3 years ago

7 0

Answer: WorldCom

Explanation:

The WorldCom scandal of 2002 was the worst one in U.S. history and led to shareholders losing over $30 billion as a result of share prices falling drastically when it was revealed that the company had been making fraudulent accounting entries to look successful when it fact it had been losing money.

Betty Vinson was the company's Director of Corporate Reporting and her boss, CEO Bernie Ebbers, pressured her into making fraudulent entries because it was said that he "didn't want to disappoint Wall Street". This scandal was one of those that directly led to the Sarbanes-Oxley Act being passed.

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Hospitals, colleges and universities, and museums fall into the ______ category of business customers. reseller market governmen

sineoko [7]

Institutional markets are the category under which hospitals, colleges, museums, and universities come.

Institutional organizations buy goods and services for the production of their own goods and services. They are non-profit organizations that are established only to offer services to the public. These markets are categorized as low budgets and captive patrons.

The main player of the institutional department is the government. Most hospitals, colleges, universities, and museums fall under the control of the government. For the other hospitals, colleges, universities, and museums that are under the private players, a seperate account will be maintained by them for maintaining the record of transactions.

The other option like business customers which deals with the normal buying and selling transactions. The reseller market consists of the wholesaler market that sells goods to the retailer for reselling the goods. The government market is where government transactions are carried on. The producer market produces the goods or manufacturers the goods and sells them to the market. So the institutions that are provided all come into the institutional markets.

Learn what is institutional markets here:

brainly.com/question/25070188

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8 0

1 year ago

EXCESS CAPACITY Williamson Industries has $7 billion in sales and $1.944 billion in fixed assets. Currently, the company’s fixed

Lubov Fominskaja [6]

Answer:

a. Calculation of level of sales

Level of sales = Sales / Operating capacity

= 7,000,000,000/90%

= $7,777,777,777.78

b. Calculation of Target fixed Assets/Sales ratio

Fixed assets sales ratio = Fixed assets / Level of sales

= 1,944,000,000/7,777,777,777.78

= 0.249942857

= 0.25

c. Calculation of Increase in Fixed assets

Increase in fixed assets = Fixed assets sales ratio * (Increase in sales - Level of sales)

= 0.249942857 * (7,000,000,000*1+15% - 7,777,777,777.78)

= 0.249942857 * (8,050,000,000 - 7,777,777,777.78)

= 0.249942857 * 272,222,222.222

= $68,040,000.

8 0

3 years ago

If you were opening a new business, would you select a location closer to or farther away from a business that sold a similar or

allsm [11]

Answer:

Depends on how big your business is and what you can offer.

Explanation:

If you have a business that is bigger and has more to offer than the other company i would select a closer location. If you have a smaller business and have less or an equal amount to offer mover farther away. Try comparing the two business to each other. Think of your pro's and con's.

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3 years ago

After the purchase of a new car, Johanna Morales had the feeling that she made an awful mistake in terms of paying too much for

alukav5142 [94]

Answer:

Cognitive dissonance

Explanation:

Cognitive dissonance is a concept of social psychology and is described as the discomfort which is felt by a person who is having conflict in values and ideas. The people in this state feel guilt, embarrassment and anger. There is a motivational drive in humans to reduce the dissonance.

Leon Festinger developed theory of cognitive dissonance to predict and explain the peoples reaction to various situations. This theory states that people have prejudice to get agreement between what they expect and the reality.

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3 years ago

For each statement, identify the appropriateness of the behavior when it comes to preparation.

Ray Of Light [21]

Answer:

appropriate

inappropriate

appropriate

inappropriate

Explanation:

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3 years ago

Read 2 more answers