Which three groups of people most often commit financial statement fraud? 

Question 4 options: 

1) Mid-level management, upper-level employees, and the company accountants. 

2) Senior management, mid and lower-level employees, and organized criminals.

3) Lower level management, new employees, and petty criminals. 

4) Senior management, company stockholders, and company bankers. 

5) None of the above.

The formula for Contribution margin? 

Question 19 options: 

1) It is always equal to net income 

2) Operating expense - depreciation 

3) Sales - gross profit 

4) Sales - variable costs 

5) Variable cost + sales - depreciation