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Goshia [24]
3 years ago
5

The most common occupational frauds in small businesses involve employees doing all of the following EXCEPT______________.a. ski

mming revenues.b. fraudulently writing company checks.c. processing fraudulent invoices.d. altering financial statement.
Business
1 answer:
kotykmax [81]3 years ago
4 0

Answer:

D. Altering financial statement

Explanation:

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A person who has a CSDA certification is known as an individual who understand fundamental software engineering principles and will be very close to obtain a CSDP <span>Certified Software Development Professional. The best option for Dee is to be a Software developer. so the option is A</span>
7 0
3 years ago
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Which law requires lenders to disclose to buyers the true cost of obtaining credit so that the borrower can compare the costs of
Romashka-Z-Leto [24]

Answer: The Truth in Lending Act (TILA)

Explanation: The Truth in Lending Act (TILA) is a federal law passed to ensure that loan consumers are treated fairly by loan lenders.

TILA requires lenders to disclose credit terms in an easily understandable manner so that consumers can confidently compare interest rates and conditions with others in the business.

Information to be disclosed include, amount, APR, finance charges, a schedule of repayment over the period of the loan.

4 0
3 years ago
North Company has completed all of its operating budgets. The sales budget for the year shows 50,160 units and total sales of $2
arlik [135]

Answer:

North Company

Budgeted multiple-step income statement for the year ending December 31, 2020

Sales of                                               $2,228,200

Cost of Goods Sold ($24 x 50,160)  <u>($1,203,840)</u>

Gross Profit                                                               $1,024,360

Operating Expenses:

Selling and administrative expenses                     <u>($309,200)</u>

Operating Income                                                    $715,160

Non-Operating Expenses:

Interest  Expense                                                     <u>($12,710)   </u>

Operating Income before tax                                  $702,450

Income taxes                                                            <u>($226,800)</u>

Operating Income after Tax                                    <u> $475,650</u>

Explanation:

Multi-step Income statement segregate the Operating Income and Expenses from non operating Income and Expense. It shows the gross profit and net operating income separately.

8 0
3 years ago
The _____ adds up the money earned by producers plus taxes paid to the government.
Nikolay [14]
Income Approach seems to fit best but i'm not quite sure.
Sorry if it's wrong.
8 0
3 years ago
You have just retired with savings of $2 million. If you expect to live for 57 years and to earn 7% a year on your savings, how
galben [10]

Answer:

Annual withdraw= $143,023.66

Explanation:

Giving the following information:

Present value (PV)= $2,000,000

Number of periods (n)= 57

Interest rate (i)= 7% a year

<u>To calculate the annual withdrawal, we need to use the following formula:</u>

Annual withdraw= (PV*i) / [1 - (1+i)^(-n)]

Annual withdraw= (2,000,000*0.07) / [1 - (1.07^-57)]

Annual withdraw= $143,023.66

6 0
3 years ago
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