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3 years ago

your debit card is stolen, and report it to your bank within two business days. how much money can you lose at most?

Business

2 answers:

Rashid [163]3 years ago

8 0

They have two business days to take what they want so the most they can take is all of it

PtichkaEL [24]3 years ago

5 0

It depends on a couple of factors. the first factor is your security if it is good then they cant steal much but if it is bad then they can take alot. the second factor is your bank. if they say tht they will stop it then they dont then you shouldnt be with them and if they do stop the theif/theif's they could give you your money back. hope this helps you at all.

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Camden Biotechnology began operations in September 2013. The following selected transactions relate to liabilities of the compan

USPshnik [31]

Answer:

Cash (Dr.) $12,000,000

Short term notes payable (Cr.) $12,000,000

Cash (Dr.) $2,600

Liability of refundable (Cr.) $2,600

Interest Expense (Dr.) $250,000

Interest Payable (Cr.) $250,000

Accounts receivable (Dr.) $4,100,000

Sales Revenue (Cr.) $3,977,000

Sales Tax Payable (Cr.) $123,000

Cash (Dr.) $10,000,000

Bond Payable (Cr.) $10,000,000

Explanation:

<u>Liability Schedule 2013,</u>

Accounts Payable $252,000

Current Portion of notes payable $2,000,000

Interest Payable $250,000

Sales tax Payable $123,000

Liability for refundable deposit $2,600

Total Current Liability $2,627,600

4 0

3 years ago

Sarah, the controller of a large beverage supplier, supervises two employees. Her boss, Vladimir, instructs her to increase the

Verizon [17]

Answer: Sarah failed to evaluate a potential ethical issue.

Explanation:

From the question, we are informed that Sarah who is the controller of a large beverage supplier, supervises two employees and that her boss, Vladimir, told her to increase the company's inventory balance for an amount that is material to the financial statements by crediting several small "miscellaneous" expense accounts.

We are further told that Sarah does not know the reason behind this but told one of her staff to make them because she has been instructed to do so.

We can see that Sarah failed to evaluate a potential ethical issue. She didn't evaluate the effect of what she is doing. In this case, what her boss told her to do could be a case of fraud and she just obliged without asking questions which will put her conscience at ease in case anything happens but the fact that she just did it without asking questions or thinking if what she has done is morally right or wrong, it shows that Sarah failed to evaluate a potential ethical issue.

4 0

3 years ago

Which is the penultimate step in the planning process?

Studentka2010 [4]

Hello, The first step of financial planning process is to define specific goals. Since this is the first step I figured it is the most important.
Hope this helps..

8 0

3 years ago

What is a question that should be asked about accounts payable when forecasting?

charle [14.2K]

Answer:

In forecasting accounts payable, one of the relevant questions is:

What is the cash conversion cycle?

Explanation:

The variables used in computing the cash conversion cycle include accounts receivable days, inventory turnover days, and accounts payable days. Specifically, cash conversion cycle (CCC) is the period in days that it takes the firm to convert cash into inventory, then into sales, and finally back into cash. To gain a good understanding of accounts payable, one should always consider the major inclusive metric.

3 0

3 years ago

Assume that you have the following decision-making options: (1) make the decision on your own with available information, (2) co

raketka [301]

Answer:

(2) consult others before making a decision.

Before I make a recommendation, I will consult my team members. Individually, some may have new ideas and modifications which we can incorporate into the project to even beat the competition and cause management to continue supporting the project.

Explanation:

Even though our competitor's "product appears to utilize radical new design principles that expand the functionality of the product," we can still modify our product. This will not only incorporate the features of our competitor's product, but also further introduce new features that will emanate from the challenge from competition.

This is where the SCRUM framework becomes important. This framework for project management emphasizes teamwork, accountability, and iterative progress toward a well-defined goal, while allowing for tweaks.

Developing this project based on this framework must have made it possible for us to receive the report from the marketing department in the first place. The principles of Scrum are Openness, Respect, Courage, Commitment, and Focus. So, the best we can do will be to prioritize, come up with new improvement ideas, and convince top management not to cancel the project.

3 0

3 years ago