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saul85 [17]
3 years ago
6

Anne Mullens is the bookkeeper for DWG Refrigeration Repair. One afternoon while she was preparing the bank deposit, a customer

came in to the office and paid his account in full with a $57 check. Rather than adding the check to the deposit, Anne pocketed $57 cash from the previously recorded amount and included the customer's check in the money to be taken to the bank. What type of scheme did Anne Commit?
Business
1 answer:
vesna_86 [32]3 years ago
7 0

Answer:

Anne Mullens committed embezzlement.

Explanation:

Embezzlement is defined as misappropriation of funds by someone with whom funds have been entrusted.

It is a theft as the money does not belong to the perpetrator. The perpetrator is only entrusted with funds.

One of the conditions for embezzlement is an existence of a fiduciary (trust) relationship between parties.

In the given case, Anne Mullens pocketed $57 cash from recorded amount instead of recording 57$ customer's payment via check. Instead she included the customer's check in the money to be taken to bank.

This is embezzlement of funds by Anne.

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An organization owned by stockholders that accepts deposits, processes payments, and
Oxana [17]

Answer:

A Bank

Explanation:

8 0
2 years ago
The price-demand and cost functions for the production and sales x BBQ grills are given as p ( x ) = 410 − x / 6 C ( x ) = 5900
snow_tiger [21]

Answer:

(a)   R(x)=410x-\frac{x^{2}}{6}

(b) profit = 95,683.33

Explanation:

Price:p(x)=410-\frac{x}{6}

C(x) = 5900 + 130 x

(a) Revenue, R(x) = Price × Quantity

                    =410-\frac{x}{6}\times x

                    =410x-\frac{x^{2}}{6}

(b) profit = R(x) - C(x)

              =410x-\frac{x^{2}}{6}-5900 - 130x

                       At x = 1150

=410(1150)-\frac{1150^{2} }{6}-5900-130(1150)

= 471,500 - 220,416.67 - 5,900 - 149,500

= 95,683.33

7 0
3 years ago
Which of the following does not affect the reject rates at a company's production facilities
atroni [7]

Answer:

which of the following does not affect the reject rates at a company's production facilities

Spending for best practices training

Explanation:

Spending for best practices training does not affect the reject rates at a company's production facility because the amount does not equate to whether the staff members in production unit would assimilate best and put it into use during production

8 0
2 years ago
Which bond portfolio with a 20-year life would be expected to give the highest long-term return?
lana [24]

with an expected rate of return of 10% and a default risk of 20% over the portfolio life  with an expected rate of return of 10% and a default risk of 20% over the portfolio life

<h3>What is rate of return?</h3>

A return in finance is a profit on an investment. It includes any change in the investment's value and/or cash flows received by the investor, such as interest payments, coupons, cash dividends, stock dividends, or the payoff from a derivative or structured product.

The annual rate of return is the percentage change in an investment's value. For instance, if you assume a 10% annual rate of return, you are anticipating that the value of your investment will rise by 10% each year.

Assume an investor paid $950 for a short-term bond, such as a US Treasury Bill, and redeemed it at maturity for its face value of $1000.

To know more about rate of return follow the link:

brainly.com/question/24301559

#SPJ4

8 0
1 year ago
Consider the market for a breakfast cereal. The​ cereal's price is initially ​$3.60 and 64 thousand boxes are demanded per week.
quester [9]

Answer:

The Price elasticity of demand is -0.63

Explanation:

From the question,

Q1=64

Q2=59

P1=3.60

P2=4.10

%Change in Quantity = Q2-Q1 X 100 / [(Q2+Q1) / 2]

=59-64 X 100 / [(59+64) / 2]

=-5 / [123/2] X 100

=-5/61.5 X 100

=-500/61.5

=-8.13%

%Change in Price= P2-P1 X 100 / [(P2+P1) / 2]

=4.10-3.60 X 100 / [(4.10+3.60) / 2]

=0.50/ [7.7/2] X 100

=0.50/3.85 X 100

=50/3.85

=12.987%

Therefore Price elasticity of demand = -8.13/ 12.99

=-0.625

=-0.63

4 0
3 years ago
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