Qamar Has Recently Come Up with a Plan to Increase

question 8

Multiple Choice

Qamar has recently come up with a plan to increase the efficiency of Moon Struck International's accounting system.As a reward,MSI has provided Qamar and her husband tickets to the DiVinci art show that is coming to town next month.This type of reward is:

• A) illegal.
• B) a recognition award.
• C) likely to cause friction between Qamar and her co-workers.
• D) inappropriate. Employee awards should not extend to the spouse of the employees.

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Definitions:

Equity

The residual interest in the assets of an entity after deducting liabilities, often referred to as shareholder's equity or owner's equity.