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Crazy boy [7]
1 year ago
9

Identify a recent business trend that could be contributing to the increased number of collusive frauds.

Business
1 answer:
kolezko [41]1 year ago
4 0

Supplier alliances are occurring more frequently, and suppliers and customers are getting to know one another better.

Fraud Collusion Dangers.

The standard acknowledges the dangers of collusion as well as the increased risk for the auditor in expressing an incorrect opinion, or "audit failure."

The issues with asset misappropriation and financial statement misstatement are brought up by the amended standard for auditors to consider.

Employees, suppliers, customers, and other parties must enlist the help of their co-conspirators in the first type of fraud, or at the very least work together to plan it. This is not a simple task, as it will be discussed below; in an asset theft scheme, coordination and recruitment demand a certain level of risk from the participants.

Know more about suppliers visit:

brainly.com/question/9379790

#SPJ4

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The man forgot all of his worries while he was on his vacation.

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Terra Mesa Manufacturing uses a job order cost system to account for its production of specialty patio furniture. On June 30, th
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Answer:

$612,230

Explanation:

Since in the question it is mentioned that the company used the job order cost system for production of specialty patio furniture

Also there is various balances mentioned in the question

Now the total of all open job order cost is equivalent to the work in process amount i.e. $612,230 and the same is to be considered

Hence, the total is $612,230

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3 years ago
Justify the reasons why businesses use team dynamic theories to understand team performance.
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Team Dynamic Theories analyze how each team members could positively affect each other.

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What does earning potential mean
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3 years ago
or the year ending December​ 31, 2018, Sparks Electric expects net cash provided by operations of $ 327 comma 000​, net cash use
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Answer:

Free cash flow = 0

Explanation:

Provided details, we have

Net cash provided by Operations = $327,000

Net cash used in investing activities = ($138,000)

Net cash provided by financing activities = $49,000

Cash flow for the year = $238,000

Less; Amount for dividend = $31,000

= $207,000

Further it provides to acquire warehouse for $251,000

That will not let anything left as free cash flow, rather it will be in negative.

= $207,000 - $251,000 = - $44,000

Since after all these there will be no cash for shareholders the free cash flow is 0. As for dividend, even that will not be payable as the value in negative amount is much more than dividend.

Free cash flow is the amount available for distribution to shareholder's after meeting all the capital needs of the company.

Thus here, it is zero.

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