Even if they were unaware of the fraud, accountants may be held accountable for it.
<h3>How does constructive fraud work?</h3>
A legal fable known as "constructive fraud" describes a circumstance in which a person or organization obtained an unfair advantage over another using dishonest or unjust means. As opposed to true fraud, no proof of intent is required. The failure to inform clients of product flaws is one example of unfair practices.
The elements are:
1) a duty owed by the party to be charged to the complaining party due to their relationship;
2) violation of that duty by making deceptive material misrepresentations of past or current facts or remaining silent when a duty to speak exists; and
3) reliance on such statements by the complaining party.
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Answer:
-0.34
Explanation:
Given that,
Percentage increase in prices = 5%
Initial quantity demanded = 30,000
New quantity demanded = 2,500
By midpoint method,
Average quantity :
= (Initial quantity + New quantity) ÷ 2
= (30,000 + 2,500) ÷ 2
= 16,250
Change in quantity = (2,500 - 30,000)
= -27,500
Therefore, the price elasticity of demand is as follows:
= (Change in demand ÷ Average quantity demanded) ÷ Percentage increase in prices
= (-27,500 ÷ 16,250) ÷ 5
= -1.69 ÷ 5
= -0.34
Answer:
Nine years or more
Explanation:
Development of new drugs is a long process and from discovery to marketing approval takes nine years or more.
The process of bringing new drugs to he marketplace after the identification of a main compound through drug discovery is called drug development. There are various stages of drug development such as <em>Discovery and development, Pre-clinical research, Clinical research and FDA review.</em>
Answer:
The correct answer is D that is Marketing Mix
Explanation:
Marketing Mix is the term which is stated as the set of tools, actions or the tactics, which a business, firm or company uses in order to promote the product in the market.
It is used in order to inform or provide the knowledge to the buyers or the prospective clients regarding the product uses, features as well as benefits.
Answer:
The correct answer is D (Receiving department clerk).
Explanation:
The first three responses correspond to employees directly related to the main activity of the organization, sales generate income, the financial director executes tasks to maximize income, and the billing employee is responsible for generating information that allows to receive resources in the shortest time possible.
