Explain how the intent requirement of the legal principle of scienter relates to ethical standards of behavior
Question:
Explain how the intent requirement of the legal principle of scienter relates to ethical standards of behavior discussed in previous chapters.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (10 reviews)
Scienter is a state of mind often required to hold a person legally accountable for his acts Scienter means intent and whether there is knowledge of a ...View the full answer
Answered By
Vijesh J
My passion to become a tutor is a lifetime milestone. Being a finance and marketing professional with hands-on experience in wealth management, portfolio management, team handling and actively contributing in promoting the company. Highly talented in managing and educating students in most attractive ways were students get involved. I will always give perfection to my works. Time is the most important for the works and I provide every answer on time without a delay. I will proofread each and every work and will deliver a with more perfection.
4.70+
5+ Reviews
15+ Question Solved
Related Book For
Ethical Obligations And Decision Making In Accounting Text And Cases
ISBN: 9781264135943
6th Edition
Authors: Steven Mintz
Question Posted:
Students also viewed these Business questions
-
Explain how internal controls can facilitate ethical behavior and help prevent financial impropriety. What was the role of internal controls in the Vivendi fraud?
-
Explain how a certain behavior could be legal but not ethical.
-
Explain how previous pension accounting standards were based on a revenue-expense approach to the financial statements.
-
Mr. Silkwallah established the Fashion Clothing Company (FCC) to market designer clothes. The business was to get designer clothes produced by tailors, exclusively for FCC. FCC provides the following...
-
Consider a non- linear device such that the output is Y (t) = aX2 (t), where the input X (t) consists of a signal plus a noise component, X (t) = S (t) + N (t). Determine the mean and autocorrelation...
-
On January 1, 2014, Surge Ltd. issued bonds with a maturity value of $6 million at 104 when the market rate of interest was 4.5%. The bonds have a coupon (contractual) interest rate of 5% and mature...
-
16 Identify each number as a natural number, an integer, a rational number, or a real number.
-
On January 1, 2018, the general ledger of 3D Family Fireworks includes the following account balances: During January 2018, the following transactions occur: January 2 Provide services to customers...
-
duein 30 min pls help i dont understand Given that \( z \) is a standard normal random variable, compute the following probabilities (to 4 decimals). a. \( P(z \leq-1.0) \) b. \( P(z \geq-1.0) \) c....
-
Use the data set GPA 1.RAW for this exercise. (i) Use OLS to estimate a model relating colGPA to hsGPA, ACT, skipped, and PC. Obtain the OLS residuals. (ii) Compute the special case of the White test...
-
Danny Boy, a local CPA who owns a tax practice, is being investigated by the IRS for the preparation of false income tax returns for a client. The IRS alleges that the individual taxpayer/client used...
-
Nixon and Co., CPAs, issued an unmodified opinion on the 2021 financial statements of Madison Corp. These financial statements were included in Madisons annual report and Form 10-K filed with the...
-
Merchandise costing $1,500 is sold for $2,000 on terms 2/10, n/30. If the buyer pays within the discount period, what amount will be reported on the income statement as net sales and as gross profit?...
-
Fill in the Blank. For a discrete system, the governing equations are _____________differential equations.
-
Duffing's equation is given by a. \(\ddot{x}+\omega_{0}^{2} x+\alpha x^{3}=0\) b. \(\ddot{x}+\omega_{0}^{2} x=0\) c. \(\ddot{x}+\alpha x^{3}=0\)
-
Fill in the Blank. The standard normal variable has mean of _____________ and standard deviation of ______________ .
-
Fill in the Blank. A nonperiodic function can be treated as a periodic function having a(n) __________ period.
-
Fill in the Blank. In the displacement method, the ___________ of elements is directly approximated.
-
Pan Corporation purchased 90 percent of Son Corporation's outstanding stock for $14,400,000 cash on January 1, 2011, when Son's stockholders' equity consisted of $8,000,000 capital stock and...
-
Make an argument that Williams had a right to delay the closing until after August 1.
-
1. Auditors are required to assess fraud risks as part of their ethical and professional responsibilities. What characteristics of Nortel might have caused it to be identified as a high-risk audit?...
-
1. Describe the rules in accounting for revenue recognition in general and relate them to the two transactions mentioned in the case. Be sure to include proper citations from the pronouncements of...
-
1. What do you think was the motivation for Cubbies Cable in taking the position to expense all cable costs during the year ended September 20, 2013? Would you characterize the position as an attempt...
-
Which is true of adding a video to a Google Slides presentation? O you need to have the URL in order to add a video directly, otherwise, you have to download it to your computer first O you can...
-
Which statement about competency models is true? OThey help HR professionals ensure that all aspects of talent management are aligned with an organization's strategy. OThey identify and describe a...
-
Good time management includes always completing your easiest task first which will create a sense of accomplishment and motivate you to tackle next the most difficult task. True False
Study smarter with the SolutionInn App