Sarah and paul are industry cpas rather than public cpas. r. z. elias conducted a study of corporate ethical values and earnings management ethics. he found that cpas in the industry in an organization are:

a. significantly more likely than those in public accounting to perceive high ethical values
b. significantly less likely than those in public accounting to perceive high ethical values
c. more reluctant to report to the sec than cpas in public accounting
d. no statistically significant difference exists between industry and public accounting cpas

How is the division of labor accomplished?

You are given the following information about aggregate demand at the existing price level for an economy: (1) consumption = $400 billion, (2) investment = $40 billion, (3) government purchases = $90 billion, and (4) net export = $25 billion. if the full-employment level of gdp for this economy is $600 billion, then what combination of actions would be most consistent with closing the gdp gap here?

The blumer company entered into the following transactions during 2012: 1. the company was started with $22,000 of common stock issued to investors for cash. 2. on july 1, the company purchased land that cost $15,500 cash. 3. there were $700 of supplies purchased on account. 4. sales on account amounted to $9,500. 5. cash collections of receivables were $5,500. 6. on october 1, 2012, the company paid $3,600 in advance for a 12-month insurance policy that became effective on october 1. 7. supplies on hand as of december 31, 2010 amounted to $225. the amount of cash flow from investing activities would be: