<h2>
True. The early detection of fraud avoids greater loss.</h2>
Explanation:
The early detection of fraud needs to be done for the following reason:
- Fraud will continue if not found earlier and thus leads to greater loss
- The fraud team is not widen before huge loss happens
- Easy to recover
- Possibility of finding the loop holes even if it is from external sources
- Detects weakness in the internal control and eradicate and make the system secure
- Avoid huge loss and threats
- To gain profits
- To keep up the name of the organization
- To bring business and to retain customers
Answer:
$12,000
Explanation:
The main difference between cash basis accounting and accrual accounting is that accrual accounting recognizes revenue only after the earning process is completed. On the other hand, cash basis accounting recognizes revenue and expenses when the money is received or paid, regardless of when the service is provided. This is why the US GAAP doesn't allow cash basis accounting.
The IRS allows cash basis accounting for individuals and small businesses that only deal with cash payments, but they must meet certain criteria:
- partnerships or C corporations with less than $5 million in yearly revenue
- sole proprietorships and S corporations with less than $1 million in yearly revenues
- family owned farms
- you provide personal services and 95% of your revenue comes from it
- no publicly traded corporation is allowed
Answer:
HI same here i have no friends
Explanation:
In the swim-lane format of a business process model, all <u>activities</u> are given a swim-lane.
Business process modeling in business system management and systems engineering is the interest of representing procedures of an organization, in order that the current commercial enterprise methods can be analyzed, stepped forward, and automated.
Business process Modeling Notation (BPMN) is a float chart technique that models the steps of a deliberate enterprise system from cease to quit. A key to commercial enterprise manner management, it visually depicts an in-depth series of business sports and statistics flows needed to finish a procedure.
A swimlane diagram is a type of flowchart that delineates who does what in a technique. Using the metaphor of lanes in a pool, a swimlane diagram gives clarity and accountability by way of placing system steps in the horizontal or vertical “swimlanes” of a specific employee, working institution, or branch.
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Answer: C. Thursday, December 18th
Explanation:
The ex-date for dividends is the business day before the dividends are to be distributed. This is regardless of when the news of the dividends are announced by various entities.
The dividends are to be distributed on Friday, December 19th which means that the ex-date has to be the day before which is Thursday the 18th. As this is a weekday, we can assume that it is a business day as well.
