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N76 [4]
1 year ago
8

an employee is taking cash and making up the difference by holding the deposit until the next cash receipts are received. the be

st procedure to discover this fraud is .
Business
1 answer:
PtichkaEL [24]1 year ago
7 0

An employee altering accounts receivables to conceal stolen cash is a fraudulent practice known as a "lapping scheme."Using a subsequent receivables payment from a transaction, such as a sale, to cover the theft is the strategy.

Is it fraud to steal cash receipts?

The majority of receipt fraud is committed by an organization's employees. It could occur if incoming cash or checks are stolen, or if customer debt records are altered in exchange for cash rewards or other incentives. Action Fraud should be notified of any fraudulent activity.

What is the term for when staff at a client take cash from the bank?

Using company or client assets for personal gain is known as asset misappropriation. Another name for this is "stealing." Asset misappropriation can be broken down into two main categories: non-cash and cash.

Learn more about accounts receivables here:

brainly.com/question/24871345

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Answer:

Increase by $37,100.

It will accept any time the price is above $43 with the condition it will not incur in additional fixed cost.

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Explanation:

As the units will not inccur in any additional fixed cost we should check for the contribution margin this units will provide:

50 dollars - 43 dollar of variable cost = 7 dollars

5,300 saws x $7 = 37,100

The sales reveues will increase by that amount.

(5,300 x $43 dollars each in cost + 106,000 contribution )/5,300 = sales price

sales price = 63

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3 years ago
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scZoUnD [109]

here you go

Explanation:

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3 years ago
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Answer:

A. dollar denominated deposits at any foreign bank or foreign branch of an American bank

Explanation:

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nirvana33 [79]

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