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Schach [20]
3 years ago
5

While auditing a client, the CEO asks you to look carefully at cash flows. You notice that cash flows have decreased every year.

Upon learning of your findings, the CEO remarks, "I seem to bring in more customers every year, but the cash is not there." You tell him that fraud may be occurring, and he asks you to investigate. The two of you agree that the most likely place for a fraud to be occurring is cash collections, and the CEO provides the names of three employees involved in the cash collection process. The CEO then asks how you plan to begin the investigation. Investigations should usually begin by interviewing the prime suspect or suspects, in this case the three employees who handle cash collections.
a. Trueb. False
Business
1 answer:
Vikki [24]3 years ago
5 0

Answer:

The answer is: FALSE

Explanation:

Documents are the most significant evidence in most fraud cases. Those who commit fraud will generally try to manipulate documentary evidence. Investigating the company's databases and accounting records are the best way to get documentary evidence. Also, documentary evidence is considered to be more reliable than eyewitness testimony.

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iragen [17]

Answer:

1.B

2.D

3.C

Explanation:

those just make the most sense

6 0
3 years ago
É uma estratégia competitiva que busca alcançar retornos máximos dos produtos que estão na fase de declínio do seu ciclo de vida
aalyn [17]

Answer:

D

Explanation:

A estratégia de colheita, mais comumente chamada de estratégia de saída, é a forma como um empreendedor ou investidor tenta extrair o seu dinheiro de um negócio depois de ter se tornado bem sucedido.

8 0
3 years ago
Suppose at her current level of consumption, a person enjoys going to an additional baseball game three times as much as seeing
AleksAgata [21]

Answer:

The person is NOT spending her income for both goods in a manner that maximizes her satisfaction.

Explanation:

Based on the information given The person is NOT spending her income for both goods in a manner that maximizes her satisfaction which means that she would have to INCREASE baseball games consumption and DECREASE movies consumption reason been that we were told that an individual enjoys going to baseball game three times compare to seeing new movie which therefore means The price of the ticket for a baseball game which is the amount of $30 should be increase while the price of a ticket for a movie which is the amount of $15 should be decrease.

3 0
3 years ago
ABC Company sells its 4G SD memory card for $ 15 per unit. The unit production cost is $ 3 and unit labor cost is $ 5. The packa
Tomtit [17]

Answer:

$93,750

Explanation:

Contribution margin=15-(5+3+3)=4

Fixed Costs=$60,000+$40,000=$100,000

Break even point  in units=$100,000/4=25,000

Break even point in $=25,000/(4/15)=$93,750

7 0
3 years ago
Read 2 more answers
All 50 states have licensing laws that regulate persons and companies that engage in the brokerage business. Interpreting and en
BartSMP [9]

Answer:

B. Texas real estate commission

Explanation:

The Texas real estate commission is a government agency based in Texas. They are responsible for overseeing the licensing of real estate brokers and agents. They are responsible for governing the practices of real estate in Texas. They regulate organizations and individuals that in brokerage businesses. They interprete and enforce the licensing laws of real estate in Texas. They safeguard consumers/costumers in matters of real estate transactions.

3 0
3 years ago
Read 2 more answers
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