Why do people commit fruad in there jobs? what should a manager do if some of its workers committed fraud and been fired and charged criminally.
Q: After operating for 5 years, the books of A and B showed the following balances with equal…
A:
Q: Problem 11-29A (Algo) Margin of safety and operating leverage LO 11-4, 11-6 Walton Company is…
A: Please see the answer below: 1. a) Determine the margin of safety as a percentage…
Q: Sharon Incorporated is headquartered in State X and owns 100 percent of Carol Corporation, Josey…
A: ANSWER:- Sharon Carol Josey Janice Sales state x 78,500 18,500 14,300 16,100 total…
Q: On January 1, Year 1, Burton Corporation issued bonds with a face value of $200,000 for $196,000…
A: Bonds means the instrument where the bond holder gives money to bond issuer and in return bond…
Q: sales and Production Budgets Sonic Inc. manufactures two models of speakers, Rumble and Thunder.…
A: Sales Budget :— This budget is prepared to estimate the total number of budgeted sales units and…
Q: (b) Determine the standard direct labor hourly rate. (Round answer to 2 decimal places, e.g. 1.25.)…
A: Direct labor costs are the salaries paid to employees who are directly involved in manufacturing…
Q: Speed World Cycles sells high-performance motorcycles and motocross racers. One of Speed World's…
A: Note:- Since you have posted a question with multiple sub-parts, we will solve the first three…
Q: Which of the following would not be considered an analytical procedure?
A: The correct answer is: (A) Projecting an error rate by comparing the results of a statistical sample…
Q: What type of balance is D. Martin's a/c carrying?
A: Purchase shows the goods that are purchased by the buyer for which the buyer would issue the return…
Q: Forecast an Income Statement Following is the income statement for Medtronic PLC. Consolidated…
A: Forecasted Income statement: A forecasted income statement shows the budgeted income and expenses of…
Q: The predetermined overhead rate for Crane Company is $4, comprised of a variable overhead rate of $2…
A: The study of variances between actual behavior and predicted or planned behavior in budgeting or…
Q: John Manufacturing Company manufactures one product that has several model styles. All materials are…
A: Answer to Question 1:- Cost of Material, Labor and Overhead for the…
Q: The Balance Sheet of Punjab Auto Limited as on 31-12-2002 was as follows: Particular Rs. Particular…
A: The current ratio measures the organization's ability to meet the short-term liabilities due within…
Q: Supper Company Ltd., reported the following stockholders’ equity on its balance sheet at June 30,…
A: The shares are classified as preference and common shares. The preference shareholders have the…
Q: Identify the assets and the liabilities then compile the statement of financial position
A: The financial statements are the written document that summarise all transactions in the…
Q: Calgary Paper Company produces paper for photocopiers. The company has developed standard overhead…
A: Fixed cost are the cost which do not change when sales or production volume increase or decrease.…
Q: Saved oblem 10-22A (Algo) Product versus selling, general, and administrative (SG&A) costs LO 10-2,…
A: A product's cost is the sum of all the expenses incurred during production. These costs include…
Q: Auditors try to identify predictable relationships when using analytical procedures. Relationships…
A: Analytical processes are a crucial step in the audit process and involve evaluating financial data…
Q: For self-employed persons, social security tax is 12.4% of wages up to $128,400, and Medicare tax is…
A: Social security tax refers to the amount that is paid to the general government that is entitled…
Q: explain each of the four (4) basic financial statements of the company. What do they focus on? What…
A: Financial statement is the formal recording of all the financial activities of the business.…
Q: Mike purchases a bicycle costing $156.90 State taxes are 5% and local sales taxes are 3%. The store…
A: Purchase: It implies to the process of buying or acquiring any product, material, or service by the…
Q: the number of units purchased and sold throughout each accounting period but applies its inventory…
A: FIFO states that the inventory purchased first would be sold first by the company. Whereas, LIFO…
Q: The capital balances in the ABC Partnership are: A B C 600,000 500,000 400,000 Profit ratios are…
A: Lets understand the basics. Bonus method is used in partnership when addmission of new partner is…
Q: Required: Prepare a production report for the Mixing Department for May. If an answer is zero, enter…
A: Solution:- Preparation of a production report for mixing department for may as follows under:-
Q: I is over 0 5,000 7,000 9,000 1,000 23,000 25,000 27,000 29,000 31.000 But not over $15,000 17,000…
A: Child care credit is an important credit extended for caring for the child
Q: Instructions: Use the following account titles: Cash, Accounts Receivable, Notes Receivable, Medical…
A: Journal Entry: A journal is a book with initial entries. It is a draught book that offers a timeline…
Q: Sharp Motor Company has two operating divisions—an Auto Division and a Truck Division. The company…
A: Cost allocation refers to the distribution of cost to each of the departments involved in the…
Q: What happens when the personal expenses of a business owner are added to the business expenses?
A: Business expense is the expense of the business while personal expense is the expense of the owner…
Q: 1 Assume that on July 1, 2021, General Mills bonowed $200,000 cash on a one-year note that required…
A: Notes payable: It implies to a written promise that is made by the maker of the note to other party…
Q: The following is selected financial data from Heedo Industries: Account Cash Accounts Receivable…
A: Current liabilities are the short-term financial obligations of a company that are due within one…
Q: Direct Labor Cost Budget Ace Racket Company manufactures two types of tennis rackets, the Junior and…
A: Direct Labor Cost Budget :— This budget is prepared to estimate the direct labour cost required for…
Q: Find the average of x for the following data: 16,33 ,50, 28, 50, 25
A: the resultant number obtained by adding two or more figures together, then dividing the sum obtained…
Q: Prepare a balance sheet and income statement on the given balances from the books of ABC Motors at…
A: Income Statement is the financial statement that records all the income and expenses of the business…
Q: Toyota Motor Corporation uses target costing. Assume that Toyota marketing personnel estimate that…
A: Solution a: Total unit cost = $19,900 Required markup on cost= 25% Price to be establish for the…
Q: Paper No. 2 PART 1: A-COMPLETING THE FOLLOWING TABLES (Notes: You are required to show all relevent…
A: ABC costing: It is a modern costing method that identifies the activity and assigns the cost of each…
Q: a. Using the high-low method of cost analysis, determine the variable portion of the semi-variable…
A:
Q: Enviro Company issues 8%, 10-year bonds with a par value of $170,000 and semiannual interest…
A: Bonds payable is the liability which contains the amount that is payable to the bond holders. The…
Q: In testing the existence assertion for an asset, an auditor ordinarily works from the
A: The correct answer is: (D) Accounting records to the supporting evidence. An auditor works from the…
Q: Enviro Company issues 8%, 10-year bonds with a par value of $310,000 and semiannual interest…
A: Journal entry is the primary step to record the transaction in the books of accounts. The cash if…
Q: Hrubec Products, Incorporated, operates a Pulp Division that manufactures wood pulp for use in the…
A: Solution: When transferring division is not having spare capacity, then lowest acceptable transfer…
Q: Which of the following controls most likely would assure that all billed sales are correctly posted…
A: The correct answer is: (B) Daily sales summaries are compared to daily postings to the accounts…
Q: fale a ABC Company retired bonds with amount of $1,000,000 paying $800,000 in the cash. Prepare the…
A: Bond: It implies to a financial instrument that reflects or presents the loan made by a lender or…
Q: What is Jasimes adjusted grosss income?
A: Adjusted gross income: Adjusted Gross Income is the difference between the gross income minus…
Q: Required information Use the following information for the Quick Studies 12-13 below. (Algo) [The…
A: A journal is a detailed account that records all the financial transactions of a business, to be…
Q: (a) Compute the cash payback period and net present value of the proposed investment. (If the net…
A: Pay Back Period: 1. The payback period is the amount of time required for cash inflows generated by…
Q: Summary information from the financial statements of two companies competing in the same industry…
A: Answer to Question:- (a) Current Ratio Company Numerator / Denominator = Current…
Q: Accounting treatment of intra-group trading when preparing consolidated accounts Please provide…
A: The accounting treatment of intra-group trading when preparing consolidated accounts depends on the…
Q: Adzac Corporation has the following budget data for the year 2022. Budget: Dec. 31, 2021 Ending…
A: Operating expenses: Operating expenses mean the expenses incurred by the business to run its normal…
Q: During March 2020, Toby Tool & Die Company worked on four jobs. A review of direct labor costs…
A: A variance is the difference between an actual measured result or an anticipated results. it…
Q: Legacy issues $550,000 of 9.5%, four-year bonds dated January 1, 2021, that pay interest…
A: Bonds are the liability for the company on which a specific percentage of interest has to be paid.…
Why do people commit fruad in there jobs? what should a manager do if some of its workers committed fraud and been fired and charged criminally.
Step by step
Solved in 2 steps
- What can a business do to prevent an employee from receiving salary in kind?How can companies handle the possible increase in lawsuits, derived from the legislation on workplace harassment.As a manager, would you use financial incentives to compensate your employees? If so, what would be the keys to using them effectively? If not, then how would you compensate your employees?
- Do you think there are any circumstances when you should go outside the company to report financial wrongdoing? If so, to what person/organization would you go? Why? If not, why would you not take the information outside the company?True or False: Sarah is a manager who pays workers less than what they deserve because she knows they are afraid to lose their job. Sarah's behaviour is illegal. Question 6 options: True FalseAs a manager, how would you deal with resistance to change when you suspect employees’ fears of job loss are well founded
- 17. If you are fired, it is acceptable to: A. Make threats against employees B. Damage company property C. Be angry D. Refuse to return company property 18. Making every opportunity a learning opportunity is referred to as: A. Informal learning B. Professional development C. Training D. Employee appraisals 19. When confronted by a coworker who has discovered your job search: A. Explain the details of why you're leaving B. Keep your explanation simple C. Share your desire for more money or responsibility D. Explain the status of your job search 20. Experiencing excessive workplace stress: A. All of these B. Is a valid reason to change jobs C. Is a sign of weakness D. Should be ignoredWhich would be the best way for a manager to deal with employees who are not motivated to perform their work activities? Give those employees a long work leave Give punishment to those employees O Give encouragement words to those employees O Do not disturb those employees and let them handle it by themselvesHow does an accounting professional's commitment to the firm, the profession, and to colleagues influence whether he/she will blow the whistle on financial wrongdoing? What other factors, related to organizational culture, could contribute to whether or not a professional decides to blow the whistle on a financial wrongdoing?