Answer:
D
Explanation:
Conflicts of interest occur when employees have special or private interests that are substantial enough to interfere with their job duties
For example, imagine that there is an analyst who works in a firm. He comes across material non public information that the value of the shares of the company is about to plummet. This analyst has shares in the company.
A conflict of interest arises, he can either trade his shares and engage in insider trading or not trade his shares so as to protect the integrity of the capital market
the ethical step is not to trade
Answer: See explanation
Explanation:
It should be noted that adjusting entries are normally made at the conclusion of an accounting period so that the income and expenditure will be allocated to the particular period when they took place.
Prepaid rent is calculated as:
= 2660 × (36-5)/36
= 2660 × 31/36
= 2290.56
Unearned revenue:
= 8000 × 11/48
= 1833.33
Accrued interest:
= 3400 × 12% × 8/12
= 3400 × 0.12 × 8/12
= 272
Salary expense:
= 2500 × 4/5
= 2000
The adjusting entry has been attached.
Answer:
TRUE
Explanation:
Remember that a prosperous economy does not imply the most happy country or economy.
Therefore high rates of crime, substance abuse, insecure employment, and family dissolution may exist, but <em>the scale in which this occurs</em> may be relatively lower when compared to a poor economy.
For example, the scale of such vices in United States is lower than in Mexico a poorer economy.
The retaliating gas station has employed a<u> grim trigger</u> strategy.
<h3>What is grim trigger strategy?</h3>
Grim trigger strategy can be defined as the way in which a two parties or two people enter into an agreement in which because one of them decide to defect from the agreement and the second person as well defect from the agreement.
Based on the scenario we can say that the retaliating gas station has employed a grim trigger strategy.
Learn more about <u>grim trigger</u> strategy here:brainly.com/question/984979
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Answer:
1.82
Explanation:
No of Failures Probability
0 0.18
1 0.28
2 0.25
3 0.18
4 0.06
5 0.04
6 0.01
EV of Number of failures = ∑ N*P(N)
where p = probability of occurrence
and n = no of failures
The expected value is the sum of all the failures multiplied by their individual probabilities
EV = (0*0.18) + (1 * 0.28) + (2 * 0.25) + (3 * 0.18) + (4 * 0.06) + (5 * 0.04) + (6 * 0.01)
= 0 + 0.28 + 0.5 + 0.54 + 0.24 + 0.2 + 0.06
= 1.82