Answer:
1.) The internal controls which were missing are from the separation of responsibilities. There must have been in place an inner regulator were an individual works with advisers while alternative individual or unit take-care of the expense procedure, then somebody else allow expenses and then office should distribute the expenditures. There is an absence of inner controls as you can realize that the corporation amalgamated with a larger corporation and no one measured other accounts such as Jackson and company any longer.
2.) With the lack of control, this offered Helen the chance to effect the fraud. With this presence said, she was talented to emulate sign receipts and spend the retailer’s expenditures. She were also the one in responsibility of office the initial and final of accounts. In short, she had several accountabilities that should have remained separated up better and had diverse individuals for the separations of the job. In addition, she needed a bank description from the corporation where she was capable to put the expenditures and pay individual expenditures.
3.) The method this fraud might be noticed is the inspection squad can ask the bank for reports. They might also conference sellers. The accounting section should have ended sure they were doing the due diligence in dealers and corresponding the receipts with statements and expenditures.
Answer:
$4,089 Unfavorable
Explanation:
Data provided
Standard variable rate = $9.20
Direct labor hours = 1,160
Variable manufacturing overhead costs = $14,761
The computation of variable overhead rate variance is shown below:-
Variable overhead rate variance = (Standard variable rate - (Variable manufacturing overhead costs ÷ Direct labor hours)) × Direct labor hours
= ($9.20 - ($14,761 ÷ 1,160) × 1,160
= ($9.20 - $12.725) × 1160
= $4,089 Unfavorable
Therefore for computing the variable overhead rate variance we simply applied the above formula.
I think it’s C, please forgive me if I’m wrong
The privatization of public property was a vital task because the state was "land rich but money poor" and there is need to raise funds that could be used for infrastructure purposes such as funding elementary, secondary, higher education etc
<h2>What is
privatization?</h2>
Privatization refers to process where a government business, operation, property becomes a privately-owned property, business etc
In conclusion, the privatization of public property was a vital task because the state was "land rich but money poor" and there is need to raise funds that could be used for infrastructure purposes such as funding elementary, secondary, higher education etc
Read more about Privatization
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True <span>Street Maintenance Mission. The Street maintenance Division of the Public Works Department is responsible for keeping all City streets and alleys in good repair and serviceable condition. With the goal of preserving street surfaces to avoid more costly reconstruction, the Street Maintenance Division uses a variety of ...</span>Missing: oversees true <span>false</span>
