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andre [41]
3 years ago
6

Sally Lauren is the external auditor for Modus Industries, a public company that manufactures disk drives. As she analyzes the n

umbers, she finds that the quick ratio, which has typically remained consistent, increased from 1.7 to 2.3 over the previous year. What type of financial statement fraud scheme could be occurring?
Mathematics
1 answer:
ololo11 [35]3 years ago
6 0

Answer:

Fictitious account receivable

Step-by-step explanation:

Fictitious account receivables involves creating fake accounts or fake sales for the purpose of having the company appear to be in a better financial condition. This can be by creating fake invoices for fake customers.

These malicious activities are carried out by employees for the purpose of having an increase in sales commission.

The quick ratio that has suddenly increased from 1.7 to 2.3 can be due to the creation of these fictitious accounts and sales.

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PLEASE HELP ASAP WILL GIVE BRAINIEST ANSWER
34kurt

Answer:

Step-by-step explanation:

rise / run is another way of expressing the tangent.

So when you are told that the rise over run is 35% you mean the rise is 35% of the run.

Another way of expressing this is by saying Tan(theta) = 0.35

theta = tan-1(0.35)

theta = 19.29 degrees.

The answer is A. You can reason this out. 19 degrees is the smallest answer. If it was any larger, do you think an 18 wheeler would be able to make the grade? Likely not.

7 0
2 years ago
Determine whether x=33 is a solution of the equation below 3= x/11
svp [43]

Answer:

Yes, x = 33 is a solution

Step-by-step explanation:

To see if it is a solution, plug in 33 as x

3 = x/11

3 = 33/11

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Since this is correct, x = 33 is a solution.

6 0
2 years ago
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Need help on this please
bija089 [108]
For landing on heads the fraction is 1/2 which is 50%
5 0
3 years ago
Which property justifies the following statement?<br> If x = 2, and y = 3x - 11, then y = 3.2 - 11.
irina [24]

Answer:

Transitive property

But it looks like substitution.

Step-by-step explanation:

3 0
3 years ago
Solve for t 6t=30<br><br><br><br> math
lesya [120]

⟹\sf \: 6t = 30

⟹\sf \: Substitute \: the \: value \: of \: t \: as \: 30/6 \: in \: the \: above \: equation.

\sf \: 6t = 30 \\ \sf \: t =  \frac{30}{6}  \\ \sf \: t = 5

Answer ⟶ \boxed{\bf{t = 5}}

4 0
2 years ago
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