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2 years ago

An accountant who blows the whistle on financial wrongdoing by his/her employer by going outside the entity violates:

Business

1 answer:

Harman [31]2 years ago

5 0

Confidentiality

What is Confidentiality?

When it comes to sensitive information, confidentiality refers to the idea and practice of keeping it secret until the owner or data custodian explicitly consents to sharing it with another party. Another definition of confidentiality is the request to uphold the rule and custom.

Owners and custodians of sensitive data create policies defining the categories of information that require protection in order to preserve confidentiality. On the basis of it, they specify a number of procedures for the environments, tools, and people engaged in data handling and storage. These include educating and training staff members and the clients they serve, investing in and maintaining the buildings, equipment, and software where data resides and travels, tracking the movements of sensitive data, and planning and implementing data loss prevention (DLP).

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3 years ago

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Available options are:

a. Normative influence

b. Door-in-the-face

c. Foot-in-the-door

d. Lowballing

Answer:

Option D. Lowballing Strategy

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3 years ago

"E3-26A Record manufacturing overhead (Learning Objectives 5 & 6) Refer to the data in Exercise 3-25A. Smith’s accountant fo

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Explanation:

Journal entries are used by Accountants to post transactions into the respective General Ledger of a business.

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3 years ago

At the Weatherford Hotel in Flagstaff, Arizona, in Room 59, a balcony extends across thirty inches of the room’s only window, le

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Answer and Explanation:

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3 years ago

The following selected transactions were completed by Capers Company during October of the current year:

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Answer:

Oct. 1 Purchased merchandise from UK Imports Co., $13,377, terms FOB destination, n/30.

Dr Merchandise inventory 13,377

Cr Accounts payable 13,377

Oct. 3 Purchased merchandise from Hoagie Co., $10,650, terms FOB shipping point, 2/10, n/eom. Prepaid freight of $230 was added to the invoice.

Dr Merchandise inventory 10,880

Cr Accounts payable 10,880

Oct. 4 Purchased merchandise from Taco Co., $14,350, terms FOB destination, 2/10, n/30.

Dr Merchandise inventory 14,350

Cr Accounts payable 14,350

Oct. 6 Issued debit memo to Taco Co. for $5,000 of merchandise returned from purchase on October 4.

Dr Accounts payable 5,000

Cr Merchandise inventory 5,000

Oct. 13 Paid Hoagie Co. for invoice of October 3.

Dr Accounts payable 10,880

Cr Cash 10,667

Cr Purchase discounts 213

Oct. 14 Paid Taco Co. for invoice of October 4, less debit memo of October 6.

Dr Accounts payable 9,350

Cr Cash 9,163

Cr Purchase discounts 187

Oct. 19 Purchased merchandise from Veggie Co., $25,850, terms FOB shipping point, n/eom.

Dr Merchandise inventory 25,850

Cr Accounts payable 25,850

Oct. 19 Paid freight of $430 on October 19 purchase from Veggie Co.

Dr Merchandise inventory 430

Cr Cash 430

Oct. 20 Purchased merchandise from Caesar Salad Co., $23,000, terms FOB destination, 1/10, n/30.

Dr Merchandise inventory 23,000

Cr Accounts payable 23,000

Oct. 30 Paid Caesar Salad Co. for invoice of October 20.

Dr Accounts payable 23,000

Cr Cash 22,770

Cr Purchase discounts 230

Oct. 31 Paid UK Imports Co. for invoice of October 1.

Dr Accounts payable 13,377

Cr Cash 13,377

Oct. 31 Paid Veggie Co. for invoice of October 19.

Dr Accounts payable 25,850

Cr Cash 25,850

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3 years ago