Business, 04.08.2021 02:20 maggie123433

The U. S. Justice Department has entered into a deferred prosecution agreement with several U. S. banks on charges of mortgage fraud. The agreements provide that if the banks stay out of legal difficulties for five years then the charges will be dropped. The banks agreed to have monitors in place during the five years and pay a fine. Which of the following best describes what has been done by these arrangements with the banks? a. There has been a finding of innocence.
b. A nolo contendere plea has been entered.
c. The parties have a corporate integrity agreement.
d. A guilty plea has been entered.

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 15:00

(a) what was the opportunity cost of non-gm food for many buyers before 2008? (b) why did they prefer the alternative? (c) what was the opportunity cost in 2008? (d) why did it change?

Answers: 2

Answer

Business, 22.06.2019 16:40

An electronics store is running a promotion where for every video game purchased, the customer receives a coupon upon checkout to purchase a second game at a 50% discount. the coupons expire in one year. the store normally recognized a gross profit margin of 40% of the selling price on video games. how would the store account for a purchase using the discount coupon?

Answers: 3

Answer

Business, 22.06.2019 19:00

Tri fecta, a partnership, had revenues of $369,000 in its first year of operations. the partnership has not collected on $45,000 of its sales and still owes $39,500 on $155,000 of merchandise it purchased. there was no inventory on hand at the end of the year. the partnership paid $27,000 in salaries. the partners invested $48,000 in the business and $23,000 was borrowed on a five-year note. the partnership paid $2,070 in interest that was the amount owed for the year and paid $9,500 for a two-year insurance policy on the first day of business. compute net income for the first year for tri fecta.

Answers: 2

Answer

Business, 22.06.2019 20:20

Levine inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product. direct materials (9 pounds at $1.80 per pound) $16.20 direct labor (6 hours at $14.00 per hour) $84.00 during the month of april, the company manufactures 270 units and incurs the following actual costs. direct materials purchased and used (2,500 pounds) $5,000 direct labor (1,660 hours) $22,908 compute the total, price, and quantity variances for materials and labor.

Answers: 2

Answer

You know the right answer?

The U. S. Justice Department has entered into a deferred prosecution agreement with several U. S. ba...

Questions