Answer: The internal auditor discovered it when performing a routine audit of expense reimbursements
Explanation:
Marcus Lane, was a geologist who travelled all over North America and South America and this results in several expense reimbursements. Lane engaged in fraudulent activity by double booking his air travel.
He used cheaper ticket for the actual flight and more expensive ticket was returned for credit. But, he submitted the expensive ticket for reimbursement.
The fraud was discovered by the internal auditor while doing a routine audit of expense reimbursements. He was terminated and he agreed to pay the money back.
Answer:
Multiple Choice
s
IRR increases
IRR decreases
IRR remains constant
The correct option is that IRR increases
Explanation:
The initial IRR would be calculated while also the increase in cash flow from $200 to $100 in the first two years would be incorporated into computing a second IRR using IRR formula in excel:
=IRR(values)
The values for first scenario are:
Year cash flow
0 -$1000
1 $100
2 $5,100
IRR is 131%
Second scenario:
Year cash flow
0 -$1000
1 $200
2 $5,200
IRR is 138%
IRR increases by 7% (138%-131%)
Answer:
Most flexible.
Explanation:
Price is considered to be the variable in the marketing mix that is most flexible because unlike other elements of production, it can be easily changed. An organization can decide to either raise or lower it's price depending on the nature of the market.
In Marketing, price can be defined as the amount or value that is being exchanged usually money, in order to acquire goods in a business transaction.
The economic or productive potential of employee knowledge, experience, and actions is referred to as. Human capital.
<h3>What is
potential of employee?</h3>
Out of the six markers described in this article, ability, engagement, and aspiration are the most important for identifying employees with high potential. In terms of business, personal growth, inner drive, and dedication to the company, these cover the knowledge, expertise, and attitudes of employees. The greatest method to really understand the skills, priorities, and mindsets of your staff is through workplace personality testing.
How do you recognize potential in employees?
- gifted for their position.
- eager to seize leadership positions.
- supportive of the corporate culture.
- emotional intelligence and empathy.
- tolerant of stress.
- cooperative employees that excel in groups.
- able to operate independently and with initiative.
- regarded and trusted by their peers.
To learn more about potential in employees from the given link:
brainly.com/question/17237301
#SPJ4
Answer:
Option B - false, is the correct answer choice.
Explanation:
Book Bound sells a wide variety of books to retail bookstores - false.
Book Bound recently published two new books: a popular mystery novel and a much less popular history book - false.
Book Bound requires bookstores to buy 15 copies of the history book for every 120 copies of the mystery novel ordered - false.
Therefore, all the statements are false.
So, option B - false, is the correct answer choice.
