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patriot [66]
3 years ago
6

___ are poorly trained and inadequately managed employees who mean well but have the potential to cause much damage.

Business
1 answer:
madam [21]3 years ago
3 0

Answer:

Negligent insider.

Explanation:

<u>Negligent insider</u> are poorly trained and inadequately managed employees who mean well but have the potential to cause much damage.

Negligent insiders are the employees who are given access to the organization network. They are the ones who unintentionally make an error with the security privacy or due to their negligence they get trapped in phishing emails, risky websites, leakage of the company´s confidential data, etc. These mistakes cause a big loss to the company and these insiders turn out to be a threat to the organization. The company needs to strategies on how to mitigate these threats. They can mitigate these issues by properly training and controlling the accessibility of employees.

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Scoresby Inc. tracks the number of units purchased and sold throughout each year but applies its inventory costing method at the
Talja [164]

Answer:

                       Transactions        Units        Unit Cost   Total Cost

a. Inventory, Beginning               4,000             $ 20      80,000

b. Purchase, March 5                  10,000              21        210,000

c. Purchase, September 19          6,000             23        138,000

d. Sale, April 15                             4,500            65         292500

e. Sale, October 31                        9,000            68        612000

f. Operating expenses  $615,000

Ending Inventory Units 6,500

Cost of Good Available for Sale = 80,000+ 210,000+ 138,000= $428,000

The number of units in ending inventory = Beginning + Purchases - Sales

                                                     =4000+ 10,000+ 6000- 4,500- 9,000

                                                     = 6500

FIFO  cost of ending inventory $ 148500

6,000 units at $ 23 =$138,000

500 units at $ 21= $ 10500

FIFO  cost of goods sold = Sales - FIFO Ending Inventory

                                      = $ 904500- $ 148500= $ 756000

LIFO  cost of ending inventory $ 132500

4,000 units at $ 20 =$80,000

2500 units at $ 21= $ 52500

LIFO  cost of goods sold = Sales - LIFO Ending Inventory

                                      = $ 904500- $ 132500= $ 772000

Weighted  cost of ending inventory = ($428,000/20,000)*6500= $ 139100

Weighted cost of goods sold = Sales - Weighted  Ending Inventory

                                              =$ 904500-$ 139100= $765400

Scoresby Inc. tracks

Income Statement

                                       FIFO                  LIFO            Weighted Method

Sales                      $ 904500            $ 904500         $ 904500

Cost OF Good       $756000            $ 772000            $765400

Sold

Gross Profit           $ 148500             $ 132500             $ 139100

Less

<u>Operating expenses  $615,000         $615,000              $615,000 </u>

Net Loss                   (466,500)            (482,500)            (475,900)

4.LIFO minimizes taxes as it gives the lowest gross profit assigning the oldest values to ending inventory.

4 0
4 years ago
Rhonda, a junior accountant at a manufacturing company, was laid off from her job because she rejected multiple requests from th
Shtirlitz [24]

Answer: quid pro quo sexual harassment

Explanation:

The scenario represented in the question regarding Rhonda and her company's chief financial officer is referred to as quid pro quo sexual harassment.

Quid pro quo sexual harassment is a situation that occurs when benefits, pay, employment, position, training, title, position are based on the condition that the other individual involved agree to ones sexual advances. It should be noted that this is illegal.

6 0
3 years ago
Taxes on goods with __________ demand curves will tend to raise more tax revenue for the government than taxes on goods with ___
san4es73 [151]

Answer:

Inelastic; elastic

Explanation:

Goods with inelastic demand curves tend to raise more government revenue compared to goods with the elastic demand curve. An increase in price does not affect the demand of inelastic goods and it remains the same, that is why, governments usually increase the prices of goods that have inelastic demand curve, for example, petrol and toll tax, etc.

7 0
3 years ago
Is prostitution legal?
STatiana [176]
It depends on the situation
8 0
3 years ago
Read 2 more answers
The balance in the equipment account is $3,150,000, and the balance in the accumulated depreciation—equipment account is $2,075,
yKpoI14uk [10]

Answer:

A. $1,075,000

B. No

Explanation:

A. Calculation for the book value of the equipment

Using this formula

Book value of the equipment=Equipment account -Accumulated depreciation—equipment account

Let plug in the formula

Book value of the equipment= $3,150,000-$2,075,000

Book value of the equipment=$1,075,000

Therefore the book value of the equipment will be $1,075,000

(b) NO the balance in the accumulated depreciation account does NOT mean that the equipment's loss of value is the amount of $2,075,000.

8 0
3 years ago
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