1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Gre4nikov [31]
2 years ago
10

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

Business
1 answer:
scZoUnD [109]2 years ago
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:

<h3>brainly.com/question/2892873</h3><h3 /><h3>#SPJ4</h3>

You might be interested in
On April 1, Otisco, Inc. paid Garcia Publishing Company $1,548 for 36-month subscriptions to several different magazines. Otisco
SSSSS [86.1K]

Answer:

advertizing expense 387 debit

    prepaid expense       387 credit

--to record expired advertizing at year-end ---

Explanation:

1,548 is the value of 36 months

from April to December 31th 9 months has expired thus:

1,548 x 9/36 = 387 expired advertizing

we will decrease our prepaid and post the advertizing expense for the expired amount

the prepaid is considered an asset as we have the right to receive advertize of our product and brand for the term of the contract thus, to decrease it we credit

the expense as decrease our equity will be debited

4 0
3 years ago
Which of the following mortgages would you prefer to hold if you were a lender and you expected inflation of uncertain magnitude
Elodia [21]

Answer: Option C

                             

Explanation: An adjustable mortgage (ARM) is a borrowing form in which the rate of interest charged to the remaining balance varies all across the loan's lifetime. The new interest rate is set for an amount of time with an adjustable-rate mortgage, after which it resets regularly, often quarterly or even monthly.

The mortgage can be given at the normal variable rate/base rate of the lender. There may be a clear and statutorily defined relation to the applicable index, but if the creditor does not provide a specific link to the underlying market or index, the rate may be adjusted at the option of the lender.

8 0
3 years ago
When you are ready to commit to a topic, the first strategy is to____________.
adelina 88 [10]

Answer: c. identify an area of knowledge or an issue that deeply interests you. conduct a thorough, objective research.

Explanation:

You would write better on any subject where you have an area of knowledge or that which interests you greatly, this is due to the fact that your knowledge gives you an added advantage in writing the subject, you would have had an underlying foundational knowledge which you just need to build on by research and having an objective for the topic. So, having an interest and knowledge in a topic is the first strategy to note when writing a topic.

7 0
3 years ago
Gilchrist Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. At the beginni
Illusion [34]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

The estimated machine-hours for the upcoming year at 79,000 machine-hours.

The estimated variable manufacturing overhead was $7.38 per machine-hour

The estimated total fixed manufacturing overhead was $2,347,090.

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 2,347,090/79,000 + 7.38= $37.09 per machine-hour

3 0
2 years ago
Salt Company is considering investing in a new facility to extract and produce salt. The facility will increase revenues by $220
e-lub [12.9K]

Answer:

12%

Explanation:

Annual net income:

= Increase in annual revenue - Increase in annual costs

= $220,000 - $160,000

= $60,000

Average investment:

= (Initial investment + Salvage value at the end) ÷ 2

= (980,000 + 20,000) ÷ 2

= $500,000

Annual rate of return:

= (Annual net income ÷ Average investment) × 100

= ($60,000 ÷ $500,000) × 100

= 12%

5 0
3 years ago
Other questions:
  • What is the basis for economics
    12·1 answer
  • Quantitative Problem: You need $11,000 to purchase a used car. Your wealthy uncle is willing to lend you the money as an amortiz
    12·1 answer
  • Billy owes a liquidated debt of $3,000 to Rayna, his personal weight trainer. Billy sends Rayna a check for $300 on which he has
    15·1 answer
  • On December 1, Victoria Company signed a 90-day. 8% note payable, with a face value of $16, 200. What amount of interest expense
    6·1 answer
  • Huey sold a warehouse with an original cost of $150,000 for $230,000 to an S corp where he owns a 51% interest. The S corp will
    7·1 answer
  • Was the industrial "revolution" inevitable, or could americans have maintained a more agricultural economy?
    9·1 answer
  • The main problem with the fee-for-service model is that doctors have an incentive to:
    9·1 answer
  • Jean, a geologic specialist, agreed to accept an overseas assignment for her company after the company agreed to store her yacht
    14·1 answer
  • If the direct materials price variance is $500 favorable, and the direct materials quantity variance is $250 unfavorable, the jo
    15·1 answer
  • I.magination is i.mportant to P.roductivity at G.oog.le.
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!