Author Question: S. Storm has 20,000 invested in his business and the business owes creditors 8,000 . Determine the ... (Read 291 times)

Melani1276 · **on:** Jul 6, 2018

S. Storm has 20,000 invested in his business and the business owes creditors 8,000 . Determine the amount of assets in the business.
a. 28,000
b. 12,000
c. 14,000
d. None of the answers listed

Question 2

As per ACFE Standards of Professional Conduct, the principle of ________ require a member not to commit discreditable acts and to always conduct themselves in the best interests of the profession.

A) understanding with client
B) integrity and objectivity
C) communication with the client
D) professional competence and confidentiality

Chocorrol77 · **Reply #1 on:** Jul 6, 2018

Answer to Question 1

A

Answer to Question 2

B
Explanation: B) The principle of integrity and objectivity requires a member not to commit discreditable acts and to always conduct themselves in the best interests of the profession.