D - you write email for others to read. Composing a well-written email makes it easier on the recipient, showing your consideration for them.
Answer:
a)
These controlling processes are inappropriate or not enough as the administration accompanying the fraud might supersede the complete control method to bypass the particular pair.
b)
In traditional state of affairs, management might obligate fraud to setting higher revenue and thus attaining high value.
An administration fraud can't be known simply by an ordinary man because it includes distinctive appreciative of financials. Thus one will use the assistance of consultants for investigative having an uncertainty thereon. So the audit group might be effective in preventing this kind of deception as they're predictable to operate as a regulator against administration fraud by observation money news declarations and control processes of a company. A perfect audit group would include the external or internal auditors which might assure for the credibility of the knowledge bestowed to the group.
Answer:
C. Rely heavily on knowledgeable salesclerks.
Explanation:
A specialty store is explained to be a shop, usually retail, that offers specific and specialized types of items. They always seem to focus on selling a particular brand or a particular type of product. For example, a store that exclusively sells cell phones or video games would be considered specialized.
By this definition, the store can carry a diverse range of products. Though a store might specialize in clothing, the garments could be for children, teens, or adults.
Because of its size and managerial standards it is likely denoted that it rely heavily on knowledgeable salesclerks for progress, results and mostly accounts and computation.
Answer: C $6,000
Explanation:
Accounting profit = Revenue - Explicit Cost
Revenue = 6000 × 2.5 = $15,000
Explicit Cost = $ 9,000
Accounting profit = $15,000 - $ 9,000 = $6,000
Life estate is when the creator of the life estate (the granter) signs a life estate, they are in effect passing part of the ownership of a home to another person.
<h3>What is Life estate?</h3>
- A sort of formal joint ownership of a piece of property is created via life estates.
- Let's take the scenario where a mother wishes to leave her house to her son after she passes away.
- To facilitate the deal, she chooses to use a life estate.
- She would create a life estate for her house, making her son the remainder man (also known as the beneficiary) and herself the life renter.
- She is responsible for paying the property tax and insurance and is free to stay in her home for the rest of her life if she so decides.
- Even while it seems like not much has changed, it has.
- The mother no longer has complete control over her home because she is a life tenant.
- For major changes like selling it or getting a mortgage, she will need her son's approval.
- It's the same with refinancing. Because of this, refinancing is simpler before you begin the estate planning process.
- It's critical for her to make sure it's the best decision for her family because she cannot cancel the life estate without his permission.
- The remainder man (her son), also known as the remainder man, would receive the house title immediately after she passed away.
- The only action required to transfer ownership would be to file her death certificate; there would be no need to go through the probate process.
- Remember that there will be estate tax to pay to the IRS if the overall worth of the estate exceeds a particular amount.
- The estate's assets will be used to pay the tax due.
To learn more about Life estate, refer to
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