If a Subsidiary Is Guilty of Fraud the Parent Company

question 88

True/False

If a subsidiary is guilty of fraud the parent company is not guilty unless it knew of or participated in the fraud.

---

Definitions:

Population Proportion

The fraction or percentage of a population that exhibits a particular trait or characteristic.

Confidence Interval

A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter at a given confidence level.

Population Proportion

The fraction of the population that possesses a particular attribute, characteristic, or trait.

Standard Normal Distribution

A probability distribution that has a mean of zero and a standard deviation of one, used in statistical analysis to represent standardized values of a dataset.