Brandon Ltd. is accused of paying excessive salaries and providing excessive "perks" to top managers. The company may be engaging in
A) insider trading.
B) collusion.
C) cheque kiting.
D) improper financial management.
E) price fixing

Question

Quizplus · Accepted Answer

The accusation of paying excessive salaries and providing excessive "perks" to top managers suggests that the company may be engaging in improper financial management. This could indicate a lack of oversight and responsible decision-making within the organization. Insider trading, collusion, cheque kiting, and price fixing are all distinct forms of financial misconduct that do not necessarily involve excessive salaries and perks for top managers.