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Hatshy [7]
4 years ago
11

Which relationship might suggest a heightened risk of fraud in the acquisition and payment cycle? a. Unexpected increases in the

number of suppliers. b. Sales expenses growing in proportion to sales revenue. c. A reduction in raw material costs. d. Maturing capital assets with no plan for rep
Business
1 answer:
masha68 [24]4 years ago
7 0

Answer:

The correct answer is letter "A": Unexpected increases in the number of suppliers.

Explanation:

Frauds or money cleansing usually requires the help of a network of different business interconnected to clear the illegal funds with the excuse of having made commercial activities that never took place. In most cases, accounting documents are faked so that the proceeds of the questionable funds may seem as legal as possible.

In that case, if a company counts with more suppliers and fraud is taking place in the organization, <em>they will have the excuse of making more payments so more funds can go out of the company</em>.

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Scarcity exists when there are _______ resources available to satisfy all the competing uses.
tamaranim1 [39]

Scarcity exists when there are limited resources available to satisfy all the competing uses.

<h3>What is scarcity?</h3>

When the demand for a resource or a product is more than its actual supply in the market, such a condition in the market is regarded as scarcity.  For example, in deserted regions there is a scarcity of water.

Hence, the significance of scarcity is aforementioned.

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6 0
2 years ago
On October 2, 2016, Starbucks Corporation reported, on its Form 10-K, the following (in millions): 2016 2015 Total expenses $18,
Mrrafil [7]

Answer:

D. $21,315.9

Explanation:

We know,

Total revenues - Total expenses = Net Income/Earnings

Given,

Total revenues = ?

Total expenses = $18,497.0

Net Income/Earnings = $2,818.9

Therefore, Total revenues - $18,497.0 = $2,818.9

Total revenues = $18,497.0 + $2,818.9

Total revenues = $21,315.9

Therefore, <em>option D is the answer.</em>

We should not consider operating income because we know, part of expenses is operating expenses. Alternatively, When we deduct operating expenses from gross profit or service revenue, we can get operating income.

3 0
3 years ago
Anchor Company purchased a manufacturing machine with a list price of $86,000 and received a 2% cash discount on the purchase. T
Archy [21]

Answer:

Option (d) is correct.

Explanation:

Given that,

List price = $86,000

Cash discount percent = 2%

freight costs = $2,400

Installation and testing = $3,300

Cost recorded in asset account:

= List price - Cash discount on the purchase + Freight + Installation and testing

= $86,000 - ($86,000 × 2%) + $2,400 + $3,300

= $89,980

Note:

The insurance cost is not included in the cost of asset, but is instead expenses during the first year.

3 0
3 years ago
Anyone become my big sister please <br><br><br><br><br>myself Aditya Sharma age 16 standard 11 arts​
Mkey [24]

Answer:

im a dude but will do

Explanation:

1+1=3

8 0
3 years ago
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Which of the following is one of the advantages of forming a corporation
grin007 [14]
B. The ability to sell stocks to raise funds
6 0
3 years ago
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