Why Do Managers Often Have Incentives for Committing Financial Fraud

question 8

Multiple Choice

Why do managers often have incentives for committing financial fraud?

• A)Bonuses,merit pay increases,and promotions often depend on reported accounting numbers.
• B)Managers given a long-term perspective by their employment and pay arrangements will have an incentive to "manager earnings."
• C)Bonuses,merit pay increases,and promotions often depend on reported accounting numbers,and managers given a long-term perspective by their employment and pay arrangements will have an incentive to "manager earnings."
• D)None of the answers is correct.

Understand how to assess a competitor's risk and cash flow through analysis of strategic elements.

Identify various resources and their usefulness in assessing competitors' strategic positions.

Learn the sequential steps essential in conducting an effective competitor analysis.

Understand the differences between making assessments and predictions in competitor analysis.

---

Definitions:

Group Development

The stages groups go through as they progress from their formation to achieving their objectives, including forming, storming, norming, performing, and adjourning.

Forming

The initial stage of team development where members meet, form initial impressions, and establish team norms and structures.

Norming

is a stage in team development where members resolve their differences, appreciate colleagues' strengths, and establish norms and cohesiveness.

Performing

The fourth stage of group development, characterized by high levels of productivity, cohesion, and effective functioning towards achieving goals.