All of the following are insureds under a Business (Commercial) Auto pokIcy issued to a corporation EXCEPTOAolficers of the corporalionOBemployees driving company cars on company businessanyone driving a company car with the aCompany's pemissionOD.employees of a service station who are repainng a company car

All of the following are insureds under a Business (Commercial) Auto policy issued to a corporation…

Answered: All of the following are insureds under…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Which of the following is not one of the nine features of an internal control system? Multiple Choice Having employees covered by a fidelity bond Establishment of clear lines of authority Customer service comment cards Requiring regular vacations for certain employees
Please , if you do not know the answer then please skip normally so that who knows about this question can answer . Please do not reject this,
All of the following are prevention methods for overstated expense reimbursements, EXCEPT: O a. Run expense reimbursements per employee looking for individuals whose travel and entertainment expenses appear to be out of line. O b. Do not reimburse any expenses supported by a photocopied receipt without first verifying that the expense is legitimate. O c. Spot-check expense reports with vendors. O d. Only reimburse air travel expenses from itineraries supplied by travel agencies
Match the described job with the job title from 1. Revenue Officer 2. Tax Compliance Officer 3. Appeals Officer 4. Customer Service Representative 5. Revenue Agent 6. Special Agent 7. National Taxpayer Advocate 8. Deputy Commissioner 9. Chief Counsel Attorney Files a levy to get money from a taxpayer's bank account. Performs complex audits at a taxpayer's business Investigates tax evasion and conspiracy claims Performs audits on limited issues at IRS offices Writes IRS Regulations
21. Which statement about rebates is correct? a. Agents can only give rebates that are shown on the rebate schedule they file with an insurer. Ob. Insurers must allow agents to give rebates to customers. OC. Agents can give rebates to some customers only based on place of residence. Od. Agents must give rebates upon request.
ACCC takes Harvey Norman franchisees to courtABC Updated November 21, 2012, 8:51 amThe competition watchdog is taking 11 Harvey Norman franchisees to the Federal Court for allegedly misrepresenting consumer rights.The ACCC alleges the franchisees of the stores misled and deceived customers by making false claims about warranties and refunds.As part of the action, the ACCC is seeking penalties, declarations, injunctions and costs.It is part of the commission's campaign on consumer guarantees and it says it is investigating other large companies for similar breaches.ACCC chairman Rod Sims said in a statement that consumers had the right to certain remedies when goods were not of acceptable quality or fit for the purpose for which they were sold."These rights cannot be excluded, restricted or modified," he said."For example, if an item purchased breaks down within a short time of being purchased, the consumer may be entitled to a refund or a replacement item."The ACCC says in some cases…
Reviewing All Questions A mortgage loan originator (MLO) should inform their company of potential fraud if the MLO: suspects that a processor is changing pay stubs. suspects that another MLO is co-sponsoring a real estate agent's promotional event. O overhears a processor requesting a rush approval on a VA loan. receives multiple applications from an individual real estate agent for a new housing
You need to go the office of DTI if you will register your corporation. true or false? Registering your business trade name is done in the office of SEC C. Mayor’s Office DTI D. Philhealth Office Which of the following is not a benefit of record keeping? It will not help in managing potential risks. It will measure profit and performance. It will protect the rights of the owner. It will not let you know how much you are earning.
The following are three independent situations. 1. Sandhill Rewards Inc. provides rewards services to licensees. Sandhill records service revenue related to rewards (granted as reward vouchers, which can be redeemed at a variety of retailers) and recognizes the cost of redemptions in the year vouchers are sold to licensees. Sandhill's past experience indicates that only 80% of the vouchers sold to licensees will be redeemed. Sandhill's liability for stamp redemptions was $12,693,900 at December 31, 2024. Additional information for 2025 is as follows. Service revenue from vouchers sold to licensees Cost of redemptions (vouchers sold prior to 1/1/25) $8,614,200 If all the vouchers sold in 2025 were presented for redemption in 2026, the redemption cost would be $5,173,300. What amount should Sandhill report as a liability for voucher redemptions at December 31, 2025? Liability for stamp redemptions at December 31, 2025 $ Consumer expiration date Total face amount of coupons issued Total…
Read the facts of the case in Problem 2-26 to become familiar withthe fraud involving Koss Corporation. From the company’s October 7,2009, proxy statement (Def 14A filing with the SEC), we know the followingfacts about the company’s audit committee and its members:Thomas L. Doerr 65, has been a director of the company since 1987. In1972, Mr. Doerr co-founded Leeson Electric Corporation and served asits president and CEO until 1982. The company manufactures industrialelectric motors. In 1983, Mr. Doerr incorporated Doerr Corporation asa holding company for the purpose of acquiring established companiesinvolved in distributing products to industrial and commercial markets.Currently, Mr. Doerr serves as president of Doerr Corporation.Mr. Doerr owns no stock in Koss Corporation and received $24,000 incash compensation during 2009 to serve on the audit committee.Lawrence S. Mattson 77, has been a director of the company since 1978.Mr. Mattson is the retired president of Oster company, a…
A broker or salesperson may be sanctioned if they fail to provide agency disclosure at first substantive contact in the sale of a: -eight unit building -single family town house -strip mall -office complex

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