Which of the Following Is an Example of Non-Disclosure

question 35

Multiple Choice

Which of the following is an example of non-disclosure?

• A)Justin removes 25,000 miles from his odometer.
• B)Justin changes quality control paperwork to show a shipment has passed inspection.
• C)Justin places a carpet over mold in his basement.
• D)Justin permits a shipment of hair dryers which did not pass quality control testing.
• E)Justin checks the "no" box on a form asking if the house being sold had ever flooded.

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Definitions:

Income Statement

A financial report that outlines a company's revenues and expenses over a specific period, showing the net profit or loss.

Job-Order Costing

An accounting method that assigns manufacturing costs to an individual product or batch of products, making it possible to track the specific costs associated with producing each.

Automated Router

A device or software that uses pre-set guidelines to direct data traffic automatically in a network.

Predetermined Overhead Rate

A rate calculated at the beginning of a period, used to allocate overhead costs to products based on a particular activity base, such as machine-hours or labor-hours.