1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
On January 10, 2017, a man in Lebanon, Virginia, frustrated with the DMV bureaucracy, paid his DMV bill with 300,000 pennies tha
4vir4ik [10]

Answer:

the requirements are missing, so I looked for them:

  • a. Money supply.
  • b. Deposits.
  • c. Total reserves.
  • d. Excess reserves.

a. $0

the coins are part of M1 money supply already, so it will not change it.

b. $3,000.

the DMV should deposit the pennies in their account account, therefore, total bank deposits will increase by 300,000¢ /100 = $3,000

c. $3,000

since bank deposits increase by $3,000, total reserves also increase by $3,000

d. $2,790

excess reserves = total reserves - required reserve ratio = $3,000 - ($3,000 x 7%) = $2,790

3 0
3 years ago
Financial educators often recommend that individuals should:
Marina86 [1]

Answer: D

Explanation: it is advisable to use government benefits as an important source of income prior to retirement. Since income will no longer flow like before during the retirement period, government benefit and other allowance remain as the source of income for especially in a situation where there is no other private source of income.

3 0
3 years ago
Santayana Company purchased a machine on January 1, 2011, for $20,000 with an estimated salvage value of $5,000 and an estimated
Aliun [14]

Answer:

$1,125

Explanation:

Given that,

Cost of machine = $20,000

Estimated salvage value = $5,000

Estimated useful life = 8 years

Depreciation refers to the reduction in the value of the fixed assets of a particular company with the passage of time.

Here, we are using the straight line method,

Annual depreciation is as follows:

= (Cost of machine - Salvage value) ÷ Estimated useful years

= ($20,000 - $5,000) ÷ 8

= $1,875

Depreciation amount for the year 2011 = $1,875

Depreciation amount for the year 2012 = $1,875

Therefore, the book value of the machine at the beginning of January 1, 2013 is as follows:

= Cost of machine - Depreciation amount for the year 2011 - Depreciation amount for the year 2012

= $20,000 - $1,875 - $1,875

= $16,250

Now, the Santayana decides the machine will last 12 years from the date of purchase and we have already deduct the depreciation for the 2 years. So, we need to consider only 10 years for calculating the new annual depreciation.

Salvage value remains the same.

New annual depreciation:

= (Book value at the beginning of 2013 - Salvage value) ÷ Useful life

= ($16,250 - $5,000) ÷ 10

= $11,250 ÷ 10

= $1,125

8 0
3 years ago
Which business model has traditionally been used by magazines
Andrej [43]
According to Quora dot com, US magazines are viewed as historically dependent on advertising revenue hence why subscriptions to magazines are historically very low as advertising is used to subsidise cover price or subscription cost.

With the general collapse of print publications in the US, particularly led by the drying up of physical newsstand presence, magazines have a harder time getting into consumer's hands. This means that advertisers are less likely to spend in a publication (readership decreasing) and then advertising revenues go down, making magazines less and less profitable.

I realize this is quit lengthy so I'd sum it up to saying the business model for magazines has traditionally been the selling of advertising space ... Not sure if this is what you're looking for
7 0
3 years ago
Read 2 more answers
Competitors who sell similar products using similar marketing plans are known as
spin [16.1K]

Answer:

Strategic Groups of Competitors

Explanation:

These are business competitors, maybe firms or companies that have a similar business model.In this view, such competitors apply same strategies and plans when running their operations.These competitors might have similar business objectives and goals.A good examples is when two companies focus on activities to sustain competitive advantages thus they can apply a similar model when breaking down the market.

3 0
4 years ago
Read 2 more answers
Other questions:
  • If gross pay increases by $500, total employee benefits increase by $200 and total job expenses decrease by $300, then total emp
    7·1 answer
  • It is generally safe to provide your Social Security Number to:
    10·2 answers
  • A military expert describes how the military forces are organized for operations as pooled interdependence. this means that each
    14·1 answer
  • Wanda owns a lemonade stand. She produces lemonade using five inputs: water, sugar, lemons, paper cups, and labor. Her costs per
    15·1 answer
  • Suppose the president is attempting to decide whether the federal government should spend more on research to find a cure for he
    5·1 answer
  • Lily, an upperclassman at Riverside College, hopes to start her own business after graduation. In an effort to learn as much as
    14·1 answer
  • If there was no beginning retained earnings, net income of $30,300, and ending retained earnings of $8,000, how much were divide
    15·1 answer
  • What is the input, conversion and output of opening a summer band camp
    14·1 answer
  • You have been newly employed in a very reputable organisation in one of the following industries: agriculture, banking, “oil and
    13·1 answer
  • Computer Wholesalers restores and resells notebook computers on eBay. It originally acquires the notebook computers from corpora
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!