Frauds are more likely to occur in:

a. large, historically profitable companies.
b. companies with an active board of directors.
c. smaller companies where one or two individuals have almost all control in decision making.
d. any company, as the probability of a fraud does not change with the size of a company

Amanufacturer has paid an engineering firm $200,000 to design a new plant, and it will cost another $2 million to build the plant. in the meantime, however, the manufacturer has learned of a foreign company that offers to build an equivalent plant for $2,100,000. what should the manufacturer do?

Ryan terlecki organized a new internet company, capuniverse, inc. the company specializes in baseball-type caps with logos printed on them. ryan, who is never without a cap, believes that his target market is college and high school students. you have been hired to record the transactions occurring in the first two weeks of operations.

The net present value method (a) is consistent with the goal of shareholder wealth maximization (b) recognizes the time value of money (c) uses all of a project's cash flows (d) all of the above