1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vova2212 [387]
3 years ago
12

Jan Ashley worked for the R&S Department Store as a sales associate in the fine linens department. As she would give change

back to a customer for cash sales, she would also pull out a $10 bill and slip it in her pocket. She concealed her scheme by issuing one false refund at the end of her shift for the total amount she stole that day. This is an example of what type of scheme?
a) Sales skimming
b) Larceny at the point of sale
c) Lapping
d) Larceny at the deposit
Business
1 answer:
alina1380 [7]3 years ago
8 0

Answer:

b) Larceny at the point of sale

Explanation:

Larceny at the point of sale -

It is a type of fraud , where the employee itself steal money from the employer during the point in the business , when is the sale is been made .

This type of fraud is very commonly seen in the retail business .

Same case is shown in the question data , where Jan Ashley , who works for the R & S departmental store , tries to steal money during the sale .  

You might be interested in
You earn $50,000 per year, and paid 10 percent in taxes this year. The government increased the tax rate to 20 percent for next
AleksAgata [21]

Answer:

D. $10,000

Explanation:

The answer is D because as you earn $50,000 every year, and for the next year the tax rate is 20%, 20% of $50,000 is $10,000. Hope it helps!

8 0
3 years ago
Safeco’s current assets total to $20 million versus $10 million of current liabilities, while Risco’s current assets are $10 mil
dlinn [17]

Answer:

b. The transactions would lower Safeco's financial strength as measured by its current ratio but raise Risco's current ratio

Explanation:

The formula to compute the current ratio is shown below:

Current ratio = Total Current assets ÷ total current liabilities  

So,

For Safeco, the current ratio would be

= $20 million ÷ $10 million

= 2 times

And for Risco, the current ratio would be

= $10 million ÷ $20 million

= 0.5 times

After borrowing, the current ratio would be

The current assets and the current liabilities would be increased by $10 million in each side.

For Safeco, the current ratio would be

= $30 million ÷ $20 million

= 1.5 times

And for Risco, the current ratio would be

= $20 million ÷ $30 million

= 0.67 times

By comparing the current ratio, we get to know that The Safeco current ratio would be decreased whereas, the Risco current ratio is increased

Hence, option b is correct

4 0
4 years ago
Sometimes ___________ is used to create a realistic situation with genuine reactions from participants.
Lady bird [3.3K]
Hi,

I believe that the answer to your question is "A nonmonetary incentive or "Case observation"

Just a guess :) 
6 0
3 years ago
Which part of the check is least important
lyudmila [28]

Answer:

All information of the check is important,so make sure that the bank yellers,retailers and check scanners can get the details needed. The payee name,amount in words,account AMD routing numbers and signature are absolutely essential.

5 0
3 years ago
Blue has forecast sales to be $429,000 in February, $559,000 in March, $599,000 in April, and $639,000 in May. The average cost
RSB [31]

Answer:

Total budgeted cash receipts fro May : $611000

Explanation:

Sales on credit is where the debtor can pay for the goods or services on a later date. In this case, it is paid at 3 different times: 50% during the month of sale, 30% during the next month and the reminder 20% the month after that.

According to the information, May collections would include sales of May as well as March and April. It would be:

50% of May sales = $639000 x 50% = $319500

30% of April sales = $599000 x 30% =

$179700

20% of March sales = $559000 x 20% = $111800

Total budgeted cash receipts for May = $319,500 + $179,700 + $111800 = $611000

8 0
3 years ago
Other questions:
  • Why does an organization prepare a Balance Sheet? A. to reveal what the organization owns and owes at a point in time B. to reve
    12·1 answer
  • Russell Enterprises acquired a franchise from Michael Incorporated for $300,000. The franchise agreement is for a period of six
    14·1 answer
  • which of the following would be the best example of a total institution? a. a mental hospital b. a private university c. a paroc
    7·1 answer
  • 2. At which inventory level is operations management considered to be doing an excellent job? A. Above the minimum level B. Abso
    6·1 answer
  • Derst Inc. sells a particular textbook for $39. Variable expenses are $28 per book. At the current volume of 49,000 books sold p
    12·1 answer
  • The following data relate to direct labor costs for the current period: Standard costs 7,000 hours at $11.40 Actual costs 6,400
    9·1 answer
  • Which of the following statements about the insurance verification process is a FALSE statement? A) Directly affects payment del
    10·1 answer
  • You would like to purchase one Class A share of Berkshire Hathaway through your Scottrade brokerage account. Scottrade charges a
    13·1 answer
  • A structure that organizes worldwide operations primarily based on function and secondarily on product is called: a global area
    11·1 answer
  • A jacket potato vendor charges $3.92 per potato sold. The variable cost of each potato served is $1.21. The stall has a fixed co
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!