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Karo-lina-s [1.5K]
3 years ago
13

You are a new summer intern working for a major professional services firm. During your lunch break each day, you and a fellow i

ntern Bob eat at a local sandwich shop. One day, Bob's girlfriend joins you for lunch. When the bill arrives, Bob pays with a company credit card and writes the meal off as a business expense. Bob and his girlfriend continue to be "treated" to lunch for a number of days. You know Bob is well aware of a recent memo that came down from management stating casual lunches are not valid business expenses. When you ask Bob about the charges, he replies, "Hey, we're interns. Those memos don't apply to us. We can expense anything we want. " Is fraud beig committed against the firm?
Business
1 answer:
Schach [20]3 years ago
6 0

Answer:

The correct answer is: Yes, Bob is committing fraud against the firm.

Explanation:

If a memo is issued by a company, it is because one of the firm's regulations is being breached. In the example, Bob received a memo because he was using a corporate credit card for casual meal expenses. He was even paying his girlfriend's meals with that corporate card. However, Bob is not paying much attention to the company's notifications under the excuse that he is an intern but, whether he is officially an employee or not yet, <em>he is committing fraud against the firm</em>.

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Whirpool use the competences to enhanced their understanding of their customers and develop product offerings by as we know that Whirpool Corporation takes a cooperative approach to social media networks, with the Digital Marketing, Public Relations, and Customer Care teams all concerted effort to make available a reliable and trustworthy brand voice to its customers. 

5 0
3 years ago
g According to a recent report from LegalZoom, 35% of new business last year were started by women (65% were started by men). Of
Ilia_Sergeevich [38]

Answer:

the probability that it was started by a man is 69%

Explanation:

65% companies were started by men

24% of 65% had revenues above $100,000

24% x 65% = 15.6% of the total number of companies started last year had revenues of more than $100,000 and were started by men.

35% companies were started by women

20% of 35% had revenue above $100,000

20% x 35% = 7% of the total number of companies started last year had revenues of more than 100% and were started by women.

total percentage of companies that had revenues above $100,000 = 7% + 15.6% = 22.6%

15.6/22.6 = 69% started by men

7/22.6 = 31% started by women

3 0
3 years ago
Assume that the reserve requirement is 10%. All other things being equal, will the money supply expand MORE if the Fed buys $1,0
Strike441 [17]

Solution:

The reserve ratio is 10%.

Money multiplier = \frac{1}{reserve requirement } = \frac{1}{0.10}  = 10.

So, the money multiplier increases by 10.

Money supply = amount x money multiplier = 1,000 x 10 = 10000

Therefore, because any certain items are equivalent, the rise in the currency supply is 10000 dollars.

When the FED sells 1,000 million worth of debt, this would further increase the monetary market, as the investments are fresh funds and the income from the bank is now used in the money supply.

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If the price of the ski trip has increased then the demand for the ski jacket will likely decrease because of the demand curve in terms of the ski jackets that will be shipping to the leftward as the ski trip were to increase.

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1. Standard Oil of Connecticut, Inc., sells home heating, cooling and security systems. Standard schedules installation and serv
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Answer:

The installers and experts are self employed because;

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  • The installers and specialists are occupied with various business as the business is into deals and The installers and experts are into administration.  
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Every one of these conditions fulfill the necessities of self employed entity as indicated by measures utilized by the courts and doesn't fulfill the standards of representative.

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