Answer: The internal auditor discovered it when performing a routine audit of expense reimbursements
Explanation:
Marcus Lane, was a geologist who travelled all over North America and South America and this results in several expense reimbursements. Lane engaged in fraudulent activity by double booking his air travel.
He used cheaper ticket for the actual flight and more expensive ticket was returned for credit. But, he submitted the expensive ticket for reimbursement.
The fraud was discovered by the internal auditor while doing a routine audit of expense reimbursements. He was terminated and he agreed to pay the money back.
Answer:
Trial Balance of Snow Go Company
Particulars Debit$ Credit$
Equipment 88,000
Common Stock 20,000
Dividends 8,000
Salaries and Wages Payables 2,000
Accounts Payables 22,000
Notes Payables(Short Term) 19,000
Salaries and Wages Expenses 42,000
Utilities Expense 3,000
Accounts Receivables 4,000
Prepaid Insurance 6,000
Service Revenue 95,000
Cash <u>7,000</u> <u> </u>
TOTAL $<u>158,000</u> $<u>158,000</u>
Answer:
The industrial revolution
Explanation:
The industrial revolution which is also known as the first industrial revolution during the 18th century is referred to the transition of industries in a new advanced manufacturing process in the United States and Europe.
It is said in many research that the time of the industrial revolution is very harsh for workers and other labor category but it improves the standard of living of people of that time which is due to an increase in wages.
Answer:
The percentage change in quantity demanded is exactly equal to the percentage change in price. The percentage change in quantity demanded is exactly equal to the percentage change in price.
