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weeeeeb [17]
3 years ago
8

Company X has a good whistle-blowing program in place. Sara used the whistle-blowing system to alert the management about a frau

d being committed by a senior employee in the human resource department. The company investigated the allegation and punished the fraudster. However, Sara was shocked to find later that everyone in her team knew that she was the one who blew the whistle. What could be a major issue with the program at the company?
a. Lack of awareness about the program
b. Lack of adherence to anonymity policies
c. Unclear policies regarding whistle blowing
d. Management inaction regarding anonymity policies
Business
1 answer:
Marrrta [24]3 years ago
8 0

Answer:

b. lack of adherence to anonymity policies

Explanation:

An act of whistle-blowing refers to revealing a suspected fraud, misconducts or any non appropriate action or non compliance with established norms.

Whistle- blower refers to the person who chooses to make such a disclosure. Under the act, whistle-blower identity needs to be preserved by the company in question and the person cannot be oppressed by any other employee or senior management officials.

Under Whistle - Blower Protection Act, whistle blowers are protected from any sort of retaliation by their employer upon disclosure of any suspected fraud or misconduct.

In the given case, the identity of Sara as a whistle blower was not protected.

Anonymity refers to an anonymous person in the sense that the name of the whistle blower is not disclosed. The given case points out lack of compliance or adherence to the anonymity policies as Sara's name was revealed by the management.  

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Minette Company reported net income of $200,000 for the year ended December 31, 2022. During the year, inventories decreased by
musickatia [10]

Answer:

b. $210000.

Explanation:

Calculation for Net cash provided by operating activities in 2022

Using this formula

Net cash=Net income+Inventories- Account payable+ Depreciation expense -Gain on disposal

Let plug in the formula

Net cash=$200,000 + $40,000 − $60,000 + $45,000 −$15,000

Net cash = $210,000

Therefore the Net cash provided by operating activities in 2022 will be $210,000

6 0
3 years ago
Your mother just received a ​$340,461 inheritance. If she invests her money in a diversified equity portfolio returning 8 percen
Effectus [21]

Answer:

14 years

Explanation:

The future value of an investment is given by the following equation:

F = P*(1+r)^t

If your mother is investing an amount of P=$340,461 at a rate r=0.08 and the desired future value is F=$1,000,000, the required time of investment 'n', in years, is:

1,000,000 = 340,461*(1+0.08)^n\\log(\frac{1,000,000}{340,461})=n*log(1.08)\\ n=14\ years

It will take her 14 years to become a millionaire.

5 0
4 years ago
Your father is about to retire, and he wants to buy an annuity that will provide him with $91,000 of income a year for 25 years,
Elena L [17]

Answer:

Present Value of Annuity is $1,263,487

Explanation:

A fix Payment for a specified period of time is called annuity. The discounting of these payment on a specified rate is known as present value of annuity.

Formula for Present value of annuity is as follow

PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]

Where

P = Annual payment = $91,000

r = rate of return = 5.15%

n = number of years = 25 years

PV of annuity = $91,000 x [ ( 1- ( 1+ 0.0515 )^-25 ) / 0.0515 ]

PV of Annuity = $1,263,487

4 0
4 years ago
After a suspected identity fraud case has been resolved, you should:
OLga [1]
<span>After a suspected identity fraud case has been resolved, you should continue to monitor your credit reports and accounts and keep all copies of relevant documentation. When you believe fraud has occurred it is best to make sure you keep copies of your last transactions and what transactions that are happening that aren’t yours. Monitoring your credit reports are imperative because you need to make sure someone isn’t charging their purchases to your credit cards. </span>
8 0
3 years ago
Read 2 more answers
Sally was recently given feedback from her boss that the content of her quarterly financial presentation is excellent; however,
scoray [572]

Answer:

The correct answer is C that is the accuracy of the data.

Explanation:

Execution means that the actual implementation or the execution of the details financials. As her boss gave feedback that the presentation was excellent which states that the level of the accuracy of the data is good.

Therefore, the aspect of the effectiveness of the communication which is not referred by the boss is accuracy of the data while talking about the execution.

7 0
4 years ago
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