Answer: The internal auditor discovered it when performing a routine audit of expense reimbursements
Explanation:
Marcus Lane, was a geologist who travelled all over North America and South America and this results in several expense reimbursements. Lane engaged in fraudulent activity by double booking his air travel.
He used cheaper ticket for the actual flight and more expensive ticket was returned for credit. But, he submitted the expensive ticket for reimbursement.
The fraud was discovered by the internal auditor while doing a routine audit of expense reimbursements. He was terminated and he agreed to pay the money back.
Answer:
d. Making the guest welcome, making the operation run correctly, keeping control operating costs.
Explanation:
The basic work of managers in the hospitality industry calls for: Making the guest welcome, making the operation run correctly, keeping control operating costs.
The hospitality industry's backbone is comprised of customer service, it is the foundation and cornerstone of all segments of the industry. A business may focus on one or all facets of hospitality but the level of success achieved is dependent on how well the managers and staff, are serving their customers.
Answer:
reduction of energy consumption
Explanation:
Answer:
d) information utility
Explanation:
Based on the information provided within the question it can be said that the type of utility created by the efforts of the employees is information utility. This refers to individuals moving information about the good and bad features that the company sells in order to provide utility to the store and hopefully garner more customers to increase sales.
Answer:
At the Internal Rate of Return (IRR).
Explanation:
The Internal rate of return is the Interest rate that will make the Present Value of Cash Flows equal to the price or cost of the initial investment. This rate gives a Net Present Value of zero.
If at that rate both Project A and Project B give a Net Present Value of zero, you will be indifferent (the choice is the same irregardless of the alternative chosen).
Project that provide for a return greater than the Internal Rate of Return must be chosen.
