Answer:
B. Payroll record
Explanation:
Payroll record is a record in an organization showing the list of employees in that organization along with payments due to every employee in the organization for a specific pay period. It shows the number of hours worked, average pay rates, and deductions for each employee present in the organization. From the description detailed in the question, the record described is most likely a payroll record. In summary, it's a documentation showing under what criteria are the employees of an organization paid.
The correct answer of the question is Fraud.
The unintentional misstatement or nondisclosure of a material fact made by one party with the hope of influencing the other party amounts to: Fraud.
<h3>
What is Fraud?</h3>
- It is a form of deception or an unlawful gain.
- It is an intentional form of deception that can have various criminal consequences.
- There are various kinds of frauds like bank fraud, insurance fraud etc..
- It is committed with the intention of gaining an unauthorized benefit.
- it can occur in various domains like finance, real estate, insurance etc.
- Usually a fraud can lead the person to have legal consequences and the victim can sue the person or organization which was involved with the crime.
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Answer:
Closing retained earning is $414,540
Explanation:
The Retained Earnings figure can be calculated using the following equation:
Closing Retained Earnings = Opening Retained Earnings + (Sales - Expenses - Dividends)
Here
Opening balance of Retained Earning is $397,620
Revenues is $56,400
Expenses are $33,840
Dividends paid are $5,640
The purchased equipment is not considered here because it is increase in asset not an increase or decrease in revenue or expenses. So it is not considered here.
So by putting values, we have:
Closing Retained Earnings = $397,620 + ($56,400 - $33,840 - $5,640)
Closing Retained Earnings = $414,540
Applying for a loan in each of the dealerships he visited will have negative consequences on his credit score.
The credit score is a term to refer to the score that people have toward the financial system. The credit score is a kind of business card for each person regarding their financial life.
One of the most common mistakes people make is when they make multiple credit applications when they intend to buy something because this is a bad practice for their credit score.
For example, if Jason completed credit applications in four different dealers, his score may drop because the entities that are going to lend him the money consider this activity as something negative.
In addition, people who apply for loans in different entities are generally forced to do so because they are denied the possibility of credit, that is, they have an unfavorable history to access a loan.
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Answer:
- Establishing a code of ethics
- Referring ethical dilemmas to an ethics committee
<u>Explanation:</u>
Consider, by establishing a code of ethics it allows corporations to prevent their employees from making excuses for any ethical violation. Furthermore, when referring ethical dilemmas to an ethics committee is made available to employees by corporations it allows their employees to easily get the right information about how to behave ethically.