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AnnyKZ [126]
2 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]2 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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Larkspur, Inc. reports net income of $91,800 in 2022. However, ending inventory was understated $7,800. What is the correct net
dezoksy [38]

Answer:

$99,600

Explanation:

If the ending inventory was understated that means that they have less of the inventory than they had originally expected, this means that they sold more than they have calculated and therefore have not included the $7,800 in the net income. Therefore, we would need to add this amount to the actual reported net income to get the correct net income for 2022...

$91,800 + $7,800 = $99,600

The correct net income for 2022 is $99,600

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3 years ago
What is a trend in business
andre [41]
A trend in buisness is to invest
7 0
2 years ago
Lois promised to take her nephew to the zoo on Tuesday afternoon. On Tuesday, her boss hands her a new project, due by the end o
tia_tia [17]

Answer:

Best answer a. She and her nephew enjoy an afternoon at the zoo.

Explanation:

8 0
3 years ago
Read 2 more answers
Eric is a proponent of the Michigan Studies on leadership. He is very attentive to the needs of his employees and helps them bui
Likurg_2 [28]

Answer:

employee

Explanation:

The Michigan Studies on leadership was a study done on leadership in the 1950s at the  University of Michigan.

The Michigan Studies on leadership identified two types of leadership behaviour. They are :

1. Employee Centred behaviour : focuses on the employee and their needs.

2. The production centred behaviour : focuses on the production process and views employees as a means to achieve production.

Research shows that the employee centred behaviour is the most effective leadership style

3 0
2 years ago
"The aggregate supply curve shows": Question 3 options: a) the nominal GDP that consumers are willing purchase at varying price
IrinaK [193]

Answer:

C

Explanation:

The aggregate supply curve shows the real GDP that firms will produce at varying price level. Because aggregate supply curve is used for supply purposes not for the quantity demanded. Therefore, option A and D are invalid.

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