Answer:
b. applying cash receipts to a different customer's account in an attempt to conceal previous thefts of cash receipts is the correct answer.
Explanation:
- Lapping is best described as the process of applying cash receipts to a different customer's account in an attempt to conceal previous thefts of cash receipts.
- Lapping is an illegal mode of allotting one consumer's cash to another consumer's account.
- Lapping usually occurs in smaller businesses where a single person manages payment receipts and consumer billing.
- Companies can stop and check lapping through conducting regular inspections of payment receipts and also by dividing cashier and billing tasks.
Answer:
Because economists believe that people pursue their best interests
Explanation:
- The word economy is derived from the Greek word meaning household and which is an area of production and distribution The role of an economist is to analysis and monitor trends and develop forecasts analysis data and develop economic policies.
- As they give certain predictions or estimates of the economy by reflecting on the economic activities that are performed by the people as assuming tat the man behaves rationally.
Answer:
finding a market for your product then finding a marketing strategy then get your assets set up
Explanation:
Answer:
The correct answer is option (b) $831,000 net cash inflow.
Explanation:
Solution
Recall that:
Company miracle bought stock treasury with a cost of = $15,000
Dividends paid = $20,000
Bond issued =$ 866,000
Now,
The cash flow from financing activities is calculated as follows:
Bonds payable -Purchased treasury stock - Dividend paid
$866,000 - $15,000-$20,000
= $831,000
Therefore, The net cash flow is $831,000
Answer:
<u>Investment analyst</u>
<u>Explanation:</u>
Since the team is thinking of investing in Wizard’s stock but has not yet decided it is the role of an investment analyst to prepare a detailed report on the stock’s performance and investment potential (from his personal experience) of Wizard's stock.
It is the result of the report that would <em>guide the team's decision</em> of investing or not.
