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3 years ago

5.3 Fraud is gaining an unfair advantage over another person. Legally, for an act to be fraudulent there must be:

Business

1 answer:

OlgaM077 [116]3 years ago

7 0

Answer: All listed options are correct.

Explanation: Fraud simply means to cheat someone, by presenting a wrong representation of something to the defrauded person.

For fraud to take place it is properly planned with an intent to deceive the target victim, gain an unfair advantage over the victim.

In most cases of fraud there is a monetary exchange between the victim of fraud and the person planning the fraud.

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Portsmouth Company makes upholstered furniture. Its only variable cost is direct materials. The demand for the company's product

mariarad [96]

Answer:

1.- For sofa it can pay at most 60 dollars per hours

2.- 17.5 per hours

3.- It should. It will create additional gains.

Explanation:

- Recliner Sofa Love Seat

Sales 1,400 1,800 1,500

variable 800 1,200 1,000

Contribution 600 600 500

Labor Hours 8 10 8

Contribution \: per \: hour 75 60 62.5

1.- Contribution per hour 60 dollars for SOFA

it can pay up to this amount.

2.-

contribution per hour - labor cost per hour = net

62.5 - 45 = 17.5 Contribution Margin per hour

3.-

It should hire it. t is generating additional profit.

6 0

3 years ago

Suppose you have a health insurance policy with an annual premium of $4800, an annual deductible of $1000, and copayments of

Sergeeva-Olga [200]

Answer:

Total cost for the year=$5,800

Explanation:

Finding the total cost of healthcare for a year, we can express this in the form;

Total cost for the year=Annual premium cost+annual deductible+Co-payments

since there were no visits to the doctors office for that year, the co-payments that are to be made per visit=0

Annual premium cost=$4800

Annual deductible cost=$1000

replacing in the expression for total cost;

Total cost for the year=Annual premium cost+annual deductible+Co-payments

Total cost for the year=(4,800+1,000+0)=5,800

Total cost for the year=$5,800

3 0

3 years ago

Abe owns a dog; the dog's barking annoys Abe's neighbor, Jenny. Suppose that the benefit of owning the dog is worth $200 to Abe

umka2103 [35]

Answer:

Jenny pays Abe $300 to give the dog to his parents who live on an isolated farm

Explanation:

The answer is already stated within the question, but I'll provide the explanation.

In order to reach a solution, Jenny would have to offer Abe an amount to get rid of the dog that is more than Abe's benefit of owning the dog, which is $200.

On the other hand, since Jenny bears a cost of $400 from the bark, she would only be willing to spend as much as $400 to resolve the situation. Therefore, the acceptable range for the amount of the agreement for both parts is:

$200 < X < $400.

Since $300 is within that range. Jenny paying Abe $300 to give the dog to his parents is a possible solution.

6 0

3 years ago

Read 2 more answers

A person is mad at their roommate so out of spite they decide to intercept a credit card offer in the mail, and fill it out in t

Rudik [331]

Answer:

The correct answer is letter "B": identity theft .

Explanation:

Identity theft refers to the act of using other people's information to obtain usually a financial advantage. Full names, social security numbers, phone numbers or any other individual information is stolen from others to be used in favor of the criminal.

8 0

3 years ago

Nielsen Auto Parts had beginning net fixed assets of $218,470 and ending net fixed assets of $209,411. During the year, assets w

balu736 [363]

Answer:

Capital Expenditure during the year 40,706

Explanation:

opening assets = 218470

less: Depriciation for the year = (42822)

less: Disposal of assets = (6943)

less: Closin Assets = (209411)

Balancing figure additions = 40706

8 0

3 years ago