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Christine's First Job Christine Has Just Earned Her Undergraduate Degree in Accounting and in Accounting

question 199

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Christine's First Job
Christine has just earned her undergraduate degree in accounting and has successfully completed the CPA exam.She recently interviewed with a relatively small and new company and was offered a job.The offer sounded very promising; the job had opportunities to grow with the company and provided diverse challenges.Christine accepted the job.
Once Christine started working, she realized that the owners and employees did not have a general understanding of accounting.She had to teach them the steps in an accounting cycle so they would be able to understand how she was going to create reports.When she talked about the statement of financial position, they had no idea what she was talking about.She was the qualified individual responsible for accounting.No one else working with her had much knowledge.They did not even know the different financial ratios that someone could use to understand the financial standing of a company.Christine knows it will be a challenge to keep everyone on the same page when it comes to numbers and reports.
-From an executive's viewpoint, which of the following statements does not describe an executive's motivation to "cook" a firm's books?

Definitions:

Correlational Design

A type of research methodology that examines the relationship between two or more variables without manipulating them to determine cause and effect.

Self-Esteem

One's private judgment about their self-value, consisting of self-beliefs and feelings.

Intellectual Ability

The capacity to perform mental activities associated with reasoning, problem-solving, and learning.

Meta-analysis

A statistical technique that combines the results of multiple studies to determine overall trends.