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2 years ago

Why is it important that fraud examiners do not express opinions in their professional report?

1 answer:

6 0

According to the CFE Code of Professional Ethics it is vital that fraud examiners do now not specific opinions in their professional report.

<h3>What tasks do Fraud Examiners do?</h3>

The Fraud Examiner, Investigator, and Analyst will aid in the decision of fraud allegations through gathering evidence, recording statements, writing and producing reports, and testifying on findings.

<h3>Why is it vital for fraud examiners to observe up on even the smallest inconsistencies?</h3>

It is necessary for a fraud examiner to follow up on the smallest inconsistencies because not only is it what they are educated for however inconsistencies in reporting be the biggest indication that something primary is going on.

Learn more about fraud examiners here:

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Sweet Dreams sells 15,000 pillows per year for $25 per unit. Variable cost per unit is $14. Sweet Dreams wants to improve custom

Radda [10]

Answer: The answer is $27.25

Explanation:

Let x be the price Sweet dreams will charge to earn the profit of $75,000

New sales units = 20,000

New variable cost = $19

We know, Sales - Variable cost - Fixed cost = Profit

Now applying the equation,

20,000x - (20,000*19) - 90,000 = $75000

20,000x = $75,000 + 380,000 + 90,000

therefore, x = $27.25

So, Sweet Dreams will charge $27.25 to earn the same profit it is earning now i.e. $75000 per year.

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3 years ago

1. The planned effort to present a unique image through newspapers, community events, and other visible

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Five is C four is C threes is B two is D one is C

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3 years ago

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This exercise is built around Whole Foods Market’s financial statements from the chapter. Average common shareholders’ equity fo

uysha [10]

Answer: ROCE was 13.7% in 2012

Explanation:

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3 years ago

Langer Company produces plastic items, including plastic housings for humidifiers. Each housing requires about 15 ounces of plas

Alex

Answer:

Langer Company

Direct Materials Purchases Budget

For July, August and September

July August September Total

Units to be produced 3500 4400 4900 12800

Direct materials per unit (ounces) 15 15 15 15

Production needs 52500 66000 73500 192000

Desired ending inventory (ounces) 19800 22050 28350 28350

Total needs 72300 88050 101850 220350

Less: Beginning inventory 15750 19800 22050 15750

Direct materials to be purchased (ounces) 56550 68250 79800 204600

Cost per ounce $0.08 $0.08 $0.08 $0.08

Total purchase cost $4,524 $5,460 $6,384 $16,368

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3 years ago

The Eating Club, a five-star restaurant, advertises a job in the local newspaper as "Waiters needed. Experience required. Must l

boyakko [2]

Answer:

Ella can sue The Eating Club since their advertisement contains language that could indicate a preference based on sex, which is a violation of the Equal Employment Opportunity Act. The law prohibits employment discrimination based on gender, race, color, age, sexual orientation, religion, national origin, disability, political beliefs, and marital or familial status.

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3 years ago