Answer:
Whistle blowing
Explanation:
Whistleblowing - it is referred to that act which draws the attention of the authorities toward wrongdoing or misconduct or any foul thing within any organization.
In the given question also, Mike also discovered misconduct in the project. despite having fear of losing job mike informed the authorities about misconduct
Answer:
The answer is a heightened risk of fraud
Explanation:
When this (the scenario in the question) happens, it is a red flag and a fraud is likely to have happened and the auditor should treat this as a high risk.
Management intention might be to conceal a material information inorder to pepetrate fraud or the truth might be that the documents for the acquisition is truly lost.
The auditor should also consider the materiality of this event when forming their opinion on the financial statement
In a nutshell, this case poses a risk of fraud.
Answer:
Both will save the equal amount of money at the age of 75 years
Explanation:
Given:
Amount saved by Cindy per year = $2,000
Amount saved by Bob each year = $4,000
Now,
Cindy started saving at the age of 25 and till the age of 75
thus,
The total number of years for which Cindy saved = 75 - 25 = 50 years
Therefore,
The total amount saved by the Cindy
= Amount saved each year × Total number of years
= $2,000 × 50
= $100,000
and,
Bob started saving at the age of 50 and till the age of 75
thus,
The total number of years for which Bob saved = 75 - 50 = 25 years
Therefore,
The total amount saved by the Bob
= Amount saved each year × Total number of years
= $4,000 × 25
= $100,000
Hence, Both will save the equal amount of money at the age of 75 years
J.P. Morgan takes great satisfaction in its distinctive strategy for corporate responsibility. It works to make a difference that will last in our neighborhoods and provide everyone an opportunity to climb the economic ladder.
Why do you use the word "corporate"?
Corporate refers to a group of large enterprises or a specific large company. For corporate clients as opposed to private ones, interest rates are greater. Both the economy and business earnings are expanding. Corporate refers to a group of large enterprises or a specific large company.
Does "private" imply "corporate"?
English definition of a private corporation. a corporation whose assets are never listed on a stock exchange and are owned be just one man or a small number of people, such as a family: The company is an privately held enterprise.
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Answer:
Work in progress inventory A/c
Explanation:
The journal entry to record the overhead cost applied is shown below:
Work in progress inventory A/c Dr XXXXX
To Factory overhead A/c XXXXX
(Being applied overhead is recorded)
For recording the applied overhead cost, we debited the work in progress inventory and credited the factory overhead account so that the correct posting can be done with the correct item
