Audit fraud
Explanation:
The process whereby a firm inflates sales or earnings or deflates expenses in its financial reporting is called a fraud. The firm is engaging in a fraudulent process.
- Most times, a company income statement is used in reporting sales, earnings and expenses.
- It is one key and important financial tool a company possesses.
- When the figures in this tool is altered, it is right to call in a fraud.
- Fraud is the deliberate act of concealing or altering facts in order to represent a person, or company well.
- The act described in this problem is a typical case of fraud.
- An auditor is trained to figure out this kind of act in a company's financial record.
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The definition that best describes the relationship is goods related in such a way that an increase in price of one leads to a decrease in the demand for the other.
<h3>What are complementary goods?</h3>
Complementary goods are goods that are used or consumed together. Examples of complementary goods are pen and a notebook, car and gas.
When the price of a good increases, the demand for the complementary good declines. When the price of a good decreases, the demand for the complementary good increases.
When the price of cereal increases, the quantity demanded of cereal declines and so there would less demand for milk. Thus, the demand for milk declines.
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Answer:
"Business Analysis".
Explanation:
According to my research, new-product development is the complete process that a company goes through in order to bring a new product to the market. Based on the detailed description given within the question, I can say that the Stage being described is called "Business Analysis". This is one of the beginning stages within the development process.
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Entrepreneurs are people who assume the risk of business ownership
I believe the correct answer is implementing her financial plan.
She has a certain plan, which in this case, is retiring and traveling around the world. In order to do that, she has to take a look at her savings and see whether she is able to do that financially. If she is, she can make a plan and implement it, meaning, start using it.
