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Musya8 [376]
3 years ago
6

An organization hired a highly qualified accounts payable manager who had been terminated from another organization for alleged

wrongdoing. Six months later, the manager diverted US $12,000 by sending duplicate payments of invoices to a relative. A control that might have prevented this situation is to
Business
1 answer:
jeka57 [31]3 years ago
4 0

Answer:

The correct answer is A. Adequately check prior employment backgrounds for all new employees.

Explanation:

It is not enough to simply evaluate the resume and know the candidates' strongest skills, since it may happen that they omit or hide information only to advance in the process and be chosen for the vacant position. In this sense, it is important to carry out verifications of the information provided in order to know exactly what the previous experience, studies and skills have been in search of minimizing the risks associated with money management.

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One thing that helps incumbents win reelection is ______________, which might include federal spending projects benefiting state
Temka [501]

One thing that helps incumbents win reelection ,which might include federal spending projects benefitting state and local governments, businesses, colleges, and other institutions in a congressional district is

the pork barrel.

Pork barrel :

Pork barrel, or simply pork, is a metaphor for the appropriation of government spending for localized projects secured solely or primarily to bring money to a representative's district.

What is the problem of pork barrel?

The Priority Development Assistance Fund scam, also called the PDAF scam or the pork barrel scam, is a political scandal involving the alleged misuse by several members of the Congress of the Philippines of their Priority Development Assistance Fund (PDAF, popularly called "pork barrel"), a lump-sum discretionary fund

Learn more about pork barrel:

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5 0
1 year ago
By what date must taxes be filed in the united states?
sdas [7]

Answer:

april 15

Explanation:

its a direct question the isnt an explanation

3 0
2 years ago
What are the resources og microeconomics?
VikaD [51]

Answer:

resources like land, tools, money, time, labor and enterprise

5 0
2 years ago
Read 2 more answers
If the contribution margin is not sufficient to cover fixed expenses:.
Elan Coil [88]

If there is an insufficient contribution margin to cover fixed expenses, there will always be an occurrence of a net loss.

<h3>What is a Contribution Margin?</h3>

The contribution margin can be expressed in gross income terms.  After subtracting the variable element of the firm's expenditures, it indicates the extra money gained for each product sold.

The contribution margin is calculated by subtracting the selling price/unit from the variable cost/unit.

This metric displays how much a certain product adds to the company's total earnings. It displays the share of revenue that helps to pay the firm's fixed costs and gives one approach to illustrate the profit potential of a certain product supplied by a company.

Therefore, If there is an insufficient contribution margin to cover fixed expenses, there will always be an occurrence of a net loss.

Learn more about contribution margin here:

brainly.com/question/24881206

7 0
2 years ago
In an operating lease, a sale is not recorded by the lessor. Instead, the periodic lease payments are accounted for as rent reve
yaroslaw [1]

Answer:

-The lessee reports a single amount of lease expense, which is equal to interest expense plus amortization expense, in its income statement.

-The lessor reports a single amount of lease revenue, which is equal to interest revenue plus amortization revenue, in its income statement.

-The lessee reports lease expense on a straight-line basis and the lessor reports lease revenue on a straight-line basis over the lease term.

Explanation:

The mode of reporting in an operating lease is slightly different from that in a finance lease. For example, the lessor can use a straight-line form of reporting he revenue while the lessee can use a straight-line form of reporting the expense for the given term of the lease. The lessee and lessor usually report expense and revenue respectively.

5 0
3 years ago
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