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lana [24]
4 years ago
8

Q 6.29: Accurate Auditing is conducting an inventory count for Blake Industries. Blake intermingles empty boxes with full boxes

in the storeroom. How would falsifying its inventory account have affected Blake’s financial statements if the auditors had not discovered the fraud?
Business
1 answer:
Rasek [7]4 years ago
3 0

Answer:

The asset would have been overestimated

Explanation:

An inventory account deals with assigning values to all the items or goods that are involved in the production process ranging from raw goods, processed goods to market-ready goods.

<em>An inventory represents an asset to a company. Hence, the presence of empty boxes in the storeroom if otherwise taken as full boxes will lead to an overestimation of the asset unless they are discovered.</em>

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fenix001 [56]
<h2>Write a direct e-mail to Mr. Kroll requesting that the company re-ship the blinds in white</h2>

Explanation:

The situation here is the expectation of the delivery is white blinds but they have delivered black blinds.

When an unexpected event occurs during the delivery of the product, it is always recommended to write an e-mail. E-mail is a written accepted document and it will reach directly to the right person and the problem is likely to get solved immediately.

There is no point in asking discount or sending back the black blinds. Mistakes might happen during the package and delivery and it should be handled with care so that we get the right product.and it will reach directly to the right person and the problem is likely to get solved immediately.

There is no point in asking discount or sending back the black blinds. Mistakes might happen during the package and delivery and it should be handled with care so that we get the right product.

7 0
3 years ago
You interview with an athletic footwear manufacturer that has annual advertising expenditures of $32 million and total sales rev
son4ous [18]

Answer:

elastic.

Explanation:

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8 0
3 years ago
Which of the following is an outcome of effective listening in the workplace? Group of answer choices Lost opportunities A premi
Andrej [43]

Answer:

Stronger organizational relationships

Explanation:

Effective listening enables individuals bro better understand each other and fosters collaboration.

When employees listen effectively to one another they build stronger relationships. This is important in organisations that have high diversity in the employee pool.

Also effective listening helps employees better understand customer needs and enables them to effectively meet customer expectations.

Most customer problems are easily solved when the employee listens carefully to what the customer is saying

6 0
3 years ago
"Alou Company has 20,000 beginning finished goods units. Budgeted sales units are 160,000. If management desires 15,000 ending f
Softa [21]

Answer:

155,000

Explanation:

The computation of the required units of production is shown below:-

Required units of production = Sales units + Ending finished goods - Beginning finished goods

= 160,000 units + 15,000 units - 20,000  units

= 155,000

Therefore for computing the required units of production we simply applied the above formula.

8 0
3 years ago
Here is the capital structure of Microsoft. What part of the $117.67 share price (to the nearest dollar) is represented by cash?
BartSMP [9]

Answer: $17 (to the nearest dollar)

Explanation:

The Cash in the price of the stock price is represented by the formula;

Cash = \frac{Cash and Cash Equivalents}{Market Capitalisation} *Share Price

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Cash = 16.642355

Cash = $17 (to the nearest dollar)

7 0
3 years ago
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