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IRINA_888 [86]
3 years ago
12

Mark owns a 24-hour convenience store. Lately he has noticed that the liquor inventory purchases have gone up by huge amounts, a

lthough sales proceeds from this category haven't increased. He suspects his two night-shift employees. Which is the best investigative method to uncover such a fraud?
A. Electronic investigation.B. Conversion investigation.C. Inquiry investigation.D. Concealment investigation.
Business
1 answer:
Juli2301 [7.4K]3 years ago
4 0

Answer:

The correct option is D: Concealment investigation

Explanation:

Marks suspects a concealment crime and hence would use concealment investigative method to tackle this. Concealment occurs when documents that might prove as evidence are being manipulated. This may include manipulating the sales invoices, checks, sales report, purchase invoices etc. It also involves the modification or outright deletion of records from the database of a company. Mark would have to use concealment-based investigation as he will have to look at his books with the aim of looking for any manipulated documents or electronic records that may have been altered. This way, he can uncover the truth.

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What are objectives of human resource department​
Fantom [35]

Answer:

Objectives of HRM include ensuring availability of resources, easy access to data, on-time payroll, ensuring compliances, etc. HRM objectives are basically influenced by organisational goals and vertical. Objective of HRM is to ensure a stable work environment with data at one place and efficient operations.

4 0
3 years ago
Sanyo Corporation manufactures a popular model of business calculators in a suburb of Seoul, South Korea. The production process
Elden [556K]

Question a)

The sum of the <u>Total assets</u> plus <u>total fixed assets</u> results in <u>total assets</u>.

Question b)

The division of <u>Net sales</u> over <u>total assets</u> results in <u>Asset Turnover</u>

Question c)

The subtraction of the <u>cost of good sold</u> from <u>net sales</u> is equal to the <u>gross margin</u>

Question d)

The subtraction of <u>Operating expenses</u> from <u>gross margin</u> results in the <u>Net Operating profits, before the taxes.</u>

Question e)

The subtraction of <u>Taxes</u> from <u>Net Profit before tax</u> results in <u>Net profit after taxes</u>

Question f)

The division of <u>Net profit after tax </u>over the <u>Net saves</u> gives you the <u>Net profit margin percentage.</u>

Question g)

The division of <u>Net profit Margin percent</u> over the <u>asset turnover </u>results in a <u>return on assets. </u>

5 0
3 years ago
You have just purchased a car and, to fund the purchase, you borrowed $31,000. If your monthly payments are $493.25 for the next
Free_Kalibri [48]

Answer:

4.56%

Explanation:

The annual percentage rate refers to the rate at which the loan amount is equal to the present value of cash flows

In mathematically

Loan amount = Present value of cash flows

Loan amount = Monthly payment × PVAF (rate, number of years)

$31,000 = $493.25 × PVAF (rate, 72 months)

So,

PVAF (rate, 72 months) = 62.8485

And, the monthly rate  is = 0.38%

So, the APR is

= Monthly rate × total number of months in a year

= 0.38% × 12

= 4.56%

The 72 months is

= 6 years × 12 months

= 72 months

7 0
3 years ago
As prepaid expenses expire with the passage of time, the correct adjusting entry will be a:
Nonamiya [84]

Answer:

d. debit to an expense account and a credit to an asset account.

Explanation:

When a prepayment is made, the entries recorded are Debit prepaid expense and credit Cash account to recognize the amount prepaid.

As time passes and the expenses are incurred, the entries required are debit expense account and credit prepaid expense (an asset) with the amount of the expense incurred as a result of the passage of time.

4 0
3 years ago
A plant's fixed overhead costs total $500,000 for a year to produce 400,000 widgets, among other items. If machine‐hours are use
maxonik [38]

Answer:

$0.5

Explanation:

A plant's fixed total overhead cost is $500,000 for a year

400,000 widgets are required to be produced for this period

All processes require a 40,000 machine hours and the widgets use 16,000 hours out of the total hours

The first step is to calculate the fixed overhead application rate

= $500,000/40,000

= $12.5 machine-hour

The fixed overhead that is applied to the widgets can be calculated as follows

= $12.5 × 16,000

= $200,000

Therefore, the fixed overhead that is applied to each of the widgets produced can be calculated as follows

= 200,000/400,000

= $0.5

Hence the fixed overhead that is applicable to each widgets is $0.5

7 0
3 years ago
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