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AnnyKZ [126]
3 years ago
6

A smart fraudster usually manipulates which financial record in order to better avoid an audit trail? Group of answer choices In

come statement. Balance sheet. Statement of cash flows. Both b and c are correct.
Business
1 answer:
shtirl [24]3 years ago
4 0

Answer:

Income statement.

Explanation:

Income statement reports on activities of the business only for a specific period of time. At the end of period all the accounts are closed and becomes zero, so, it is easy to conceal the fraud by erasing the audit trail. On the other hand Balance sheets carry balances from period to period, making it difficult to conceal fraud as these balance are easily traceable. The statement of cash flows also carries balances over from period to period, making it difficult too, to conceal the fraud over the long period of time.

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A stock currently sells for $25 per share and pays $0.24 per year in dividends. What is an investor's valuation of this stock if
Kisachek [45]

Answer:

B) $26.30

Explanation:

To determine an investor's valuation of the stock we must calculate the present value of next year's dividend and selling price:

present value = [dividend / (1 + rate)] + [selling price / (1 + rate)]

present value = [$0.24 / (1 + 15%)] + [$30 / (1 + 15%)] = $0.21 + $26.09 = $26.30

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3 years ago
Samson, Inc. had the following balances and transactions during​ 2019: Beginning Merchandise Inventory 10 units at $ 94 March 10
lubasha [3.4K]

Answer:

The answer is attached;

Explanation:

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3 0
3 years ago
If the purpose of a licensing statute is to raise revenue, a contract with an unlicensed professional may be enforceable.
pishuonlain [190]

If the purpose of a licensing statute is to raise revenue, a contract with an unlicensed professional may be enforceable is TRUE.

Revenue raising statutes. these are licensing statutes enacted to elevate money for the government. unlicensed persons can put in force contracts and recover for rendering services.

Specialists to gain a license, authorities has some say over who can carry out which jobs as well as how many people can perform those jobs. 2. the second main purpose of licensing statutes is extra intently related to the general public interest.

Business licenses preserve corporations accountable for their sports and conduct and guard the general public's fitness and safety. professional licenses imply the quantity of competence and know-how that a specific professional possesses.

Learn more about licensing statute here:- brainly.com/question/15443448

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3 0
1 year ago
Do you agree that employers should be required by law to provide workers compensation insurance? Why or why not?
algol13
Yes and just because yes they should
4 0
2 years ago
_______ includes the assessment and improvement of business strategies, economic sectors, work practices, technologies, and life
dezoksy [38]

Answer:

Sustainable development

Explanation:

Sustainable development is a synthesis between neoclassical economics and enviromentalism. It aims at bringing economic development and enviromental protection togheter, arguing that both things are possible.

Because of climate change, pollution, and public pressure, sustaniable development has become a very important part in political and business culture.

Both governments and firms now try to implement sustainable methods such as recycling, protecting the forests, or using renewable energies. Sometimes these measures become mandatory by law.

8 0
3 years ago
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