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Mazyrski [523]
3 years ago
12

John discovered his company's accountant was "skimming" money from the business. The accountant agreed to pay John a one-time pa

yment of $25,000 not to report the skimming to company officials. The accountant promised she would pay the money back when she could. John accepted the money and never reported what he knew. A year later the accountant was fired when the accountant’s actions were discovered, she was also prosecuted for theft. The payment to John was never discovered. Which statement is correct?
Business
1 answer:
Pani-rosa [81]3 years ago
8 0

Answer:

There are no options listed, but what I can tell you for sure is that John's actions were both unethical and illegal.

What John did is unethical because it is not moral and it goes against all the principles that guide professional conduct. John also did something illegal because he was an accomplice in committing fraud against the company. He knowingly benefited from the accountant's illegal actions, and that is basically the legal definition of an accomplice to a crime.

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Sheridan Company used high-low data from June and July to determine its variable cost of $12 per unit. Additional information fo
Vinvika [58]

Answer:

See below

Explanation:

June 37,600 - 2,300 = 35,300

July 17,200 - 600 = 16,600

5 0
3 years ago
What term represents the worldwide movement toward economic
Alexeev081 [22]
An economy because that is economics as a whole
4 0
3 years ago
________ refers to setting price based on buyers' perception of value rather than on the seller's cost.
melomori [17]

Answer:

Value based pricing

Explanation:

Value based pricing  is a pricing strategy that includes setting a price based on how much the customer believes the product  you’re selling is worth.

4 0
4 years ago
The total assets of brandon co. are $900,000 and its liabilities are equal to one-fourth of its total assets. what is the amount
yuradex [85]
900,000 / 1/4 = liabilities
900,000 - liabilities - stockholder's equity

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5 0
3 years ago
Read 2 more answers
Justin Company's budget includes the following credit sales for the current year: September, $40,000; October, $51,000; November
zheka24 [161]

Answer:

$45,350

Explanation:

Follow the Company`s collection history to determine the November Cash Collection.

November Cash Collection :

Collected in month of sale - 15% x $45,000                       $6,750

Collected for 1st month after sale - 60% x $51,000         $30,600

Collected for 2nd month after sale - 20% x $40,000        $8,000

Total                                                                                     $45,350

Therefore,

The cash Justin can expect to collect in November is $45,350

7 0
3 years ago
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