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kow [346]
3 years ago
5

Allison Duval, CFE, has been retained by National Mortgage Company to investigate some suspicious activity. As part of her exami

nation, Duval compares the company’s payroll expenses to budgeted projections and to prior years’ totals. She also runs an exception report looking for any employees whose compensation has increased disproportionately over the prior year. She then compares the payroll files to the human resource files to test for differing salary rates. What type of scheme is Duval most likely looking for?
a. Ghost employee scheme

b. Payroll tampering scheme

c. Commission scheme
Business
1 answer:
8090 [49]3 years ago
3 0

Available Options are:

a. Ghost employee scheme

b. Payroll tampering scheme

c. Commission scheme

d. Falsified hours and salary scheme

Answer:

Option D. Falsified hours and salary scheme

Explanation:

The reason is that many frauds in the payroll department includes the manipulation of the hours and salary scheme which also includes the ghost employee schemes. In the given scenario, the forensic auditor is investigating disproportionate increases which is often because of two reason which includes falsified hours and salary schemes.

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Casey Communications recently issued new common stock and used the proceeds to pay off some of its short-term notes payable. Thi
SVEN [57.7K]

Answer:

The company's current ratio increased.

Explanation:

What would happen to this company is that the company's current ratio would increase. The current ratio refers to a ratio that measures the company's capacity to fulfill its short-term obligations, usually within a year. Therefore, this can also be considered a liquidity ratio. The way in which it does it is by comparing the company's current assets to its current liabilities. The current ration in this case would increase due to the fact that the company used the money to pay off some of its short-term notes payable.

8 0
3 years ago
You recently purchased a stock that is expected to earn 30 percent in a booming economy, 9 percent in a normal economy, and lose
sergiy2304 [10]
Took me a bit to understand what this is. I have no business sense at all.

Expected Rate of Return = 30%*5% + 9%*75% - 33% * (100 - 75 -5)%
Expected Rate of Return = 0.015 + 0.0675 - 33%*20%
Expected Rate of Return = 0.015 + 0.0675 - 0.066
Expected Rate of Return = 0.0165

This then is expressed as a %
0.0165 = 1.65 % Sounds like you are buying a US short term treasury.
If anyone else answers, take their answer.
 
3 0
3 years ago
Which pre-test method involves asking the people being surveyed to rank the different ad concepts they see?
Sloan [31]
b order of merit test
5 0
3 years ago
5. The Federal Reserve's organizationThere are members of the Federal Reserve Board of Governors.The Federal Reserve's role as a
Lady bird [3.3K]

Answer:

U.S. banks that cannot borrow elsewhere.

Explanation:

  • In the United States, the Federal Reserve goes as a last resort lender to companies that do not have certain other acquisition practices, and the inability to obtain loans can significantly impact the economy.
  • so correct answer is U.S. banks that cannot borrow elsewhere.

3 0
3 years ago
The particular market segment your company is trying to sell your products or services to is your _________
dolphi86 [110]

Answer:

Target Market

Explanation:

The target market is the people that a business has identified as potential buyers of its products and services. It is the group of customers that a business targets with its advertising messages. Therefore, the target market is that group of customers that a business expects to buy its products. A target market consists of existing and potential customers.

4 0
2 years ago
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