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Digiron [165]
4 years ago
13

In one of the cases in the textbook, Larry Gunter was a shipping clerk for a computer company that manufactured microprocessor c

hips. After learning that the chips were valuable, he stole three boxes and sold them to his girlfriend's father. Since the scheme worked so well the first time, he continued stealing and selling the chips, even letting a co-worker in on the scheme. How was the theft discovered?
a. A security guard found the chips in a routine check of his work cart
b. An inventory manager filling an order noticed that many of the chips were missing
c. The auditors found the shortage when they conducted the annual inventory event
d. His co-worker notified the loss prevention department in exchange for a cash reward
Business
1 answer:
seropon [69]4 years ago
6 0

Answer:

B) An inventory manager filling an order noticed that many of the chips were missing

Explanation:

The text book case explained that Larry was discovered by the inventory manager, but what really is troubling is not that he was able to steal the chips since bad things can happen, but that they happened several times. This means that the company's controls are extremely deficient and it wasn't so difficult to bypass them. If the inventory manager didn't discover Larry's crimes, then an auditor should have discover them. But that is no excuse, if the company knows that the chips are very valuable they should enforce stricter controls to prevent future incidents.

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Explanation:

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3 0
3 years ago
A group of brands that results from an information search that a buyer can choose among is referred to as the buyer’s __________
Gennadij [26K]

Answer:

The correct answer is "evoked set"

Explanation:

An evoked set is a term that refers to the capacity of a customer to choose a specific brand because the customer reminds a product of a previous marketing campaign that takes effect on him.  

The essence of marketing campaigns is to establish their business brand firmly on the market.  

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3 0
3 years ago
Which of the following statements is not correct?
Agata [3.3K]

Answer:

The correct answer is letter "C": Confirmation of cash should only be performed as of the balance statement date because the auditor expresses an opinion as of that date.

Explanation:

Confirmation of cash is an audit procedure in which specialists request the company to get in touch with its banker to verify the organization's balance. The procedure is not based only on the balance statement but according to the transactions the company has carried out regardless of the date.

6 0
4 years ago
Six equal partners own a local pizzeria. The partners have made a tremendous profit and bought many personal items such as cars,
Tanya [424]

Answer:

Money to be paid by each partner individually is $112,500

Explanation:

Let A and B are partners of a share amount Z

If A's amount is x and share of B's amount is y, then share of A is calculated as

x / (x + y) * z

Number of partners in Pizzarie is 6 with all having equal shares

Value of business is $675,000

Damage to be paid is $1.2 million

Hence, the money to be paid by each partners individually is:

= $675,000 / 6

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5 0
3 years ago
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prisoha [69]

Answer: D. Two of the most experienced employees on the team reported having to shoulder a disproportionate amount of the current workload and asked for an internal transfer.

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Social loafing means when an individual exerts less effort in order to achieve a particular goal when the individual is part of a group but when the individual works alone , he or she works harder and exerts more effort.

Based on the information given, the presence of social loafing in the team will be that "Two of the most experienced employees on the team reported having to shoulder a disproportionate amount of the current workload and asked for an internal transfer".

Here, there's dispersion of responsibility as the results in he group group can't be attributed to a particular employee. In such case, the employees may be tempted to wanting to work alone.

4 0
3 years ago
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