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Papessa [141]
3 years ago
13

Embezzlers who manipulate accounting records to conceal their fraud (or theft of assets) most often ____.Group of answer choices

"Balance" the accounting equation by reducing equity."Balance" the accounting equation by reducing revenues."Balance" the accounting equation by reducing liabilities."Balance" the accounting equation by increasing expenses.
Business
1 answer:
Bingel [31]3 years ago
5 0

Answer:

."Balance" the accounting equation by increasing expenses.

Explanation:

If an organization wants to manipulate its accounting records so that it could conceal their fraud so the best way is to balance the accounting equation by increasing the expenses so no one can judge it and they can fulfill their objective

Here,

Accounting equation is

Total assets = Total liabilities + stockholder equity

The company increases their expenses with a motive to earn high income and wants to hide it by this method

So in the given case, the same method is applied

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Andre Company does not segregate sales and sales taxes when it charges customers at the register. Its register total for a given
ahrayia [7]

Answer:C- $5,381 and $343

Explanation:

Andre Company had sales of $5,724 which has a 6% sales tax included in the sales.

Therefore we need to calculate what the sales tax component in the sales figure is. It is calculated thus:

Total sales including tax = $5, 724

Sales tax charged is 6%

Therefore actual sales = $5,724 * 6%

Equals $343

Adjusted sales is $5,724-$343= $5,381.

Adjusted Sales figure is $5,381

Tax on sales is $343

6 0
3 years ago
Over the course of 2018​, the first year of​ operations, Medical ​Supplies, Inc. had the following income​ transactions: Sales R
LekaFEV [45]

Answer:

Ending RE at year-end:  494,000

Explanation:

As this is the first-year of operation there is no beginning Retained Earnings.

Sales Revenue of         4,340,000

Cost of Goods Sold     (1,936,000)

Wage Expense               (876,000)

Insurance Expense        (324,000)​

Administrative Expense (414,000​)

Utilities Expense            (192,000​)

Selling Expense         <u>     (42,000)  </u>

         Net Income          556,000

Dividends paid:               (62,000)

Ending RE                       494,000

4 0
3 years ago
Which items are characteristic of a credible website? Select all that apply.
Serggg [28]
The answer is 4. <span>The website ends in .gov.
</span>

Domain names such as .com, .net etc can be purchased by anyone and does not signify credibility of a website.

However, some web addresses such as .edu and .gov are reserved for educational and government institutions only.

This can clearly tell you about the reliability and the authority of the website.

Other options mentioned above such as (c) sign or a website selling law services, would not really be indicators of reliability since anyone can forge these.
<span />
7 0
3 years ago
Read 2 more answers
The Sullivan Co. needs to raise $65.4 million to finance its expansion into new markets. The company will sell new shares of equ
Dimas [21]

Answer:The Company needs to sell 1.11 million shares.  

Explanation:

Since 8% shares are already taken b underwriters, the Compay needs to sell 92% of shares. So 92% of total amount (65.4 million) is $ 60.168 million. We will divide the amount by price per share of $54 to get amount of shares needed to be sold. So after dividing is $ 60.168 million by $54, we get 1.11 million shares which is the answere.

6 0
3 years ago
In addition to identifying the problem a product or service solves, a value hypothesis
Jobisdone [24]

An hypothesis is set to address a problem, value hypothesis should promote things like product features, pricing, customer feedback.

<h3>What is customer feedback?</h3>

Customer feedback are review of a product or service that is rendered or purchase by a customer.

It gives a clue of satisfaction derived from the product.

Therefore, value hypothesis should promote things like product features, pricing, customer feedback.

Learn more on customer feedback here

brainly.com/question/1286522

4 0
2 years ago
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