1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Hatshy [7]
3 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]3 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>.

You might be interested in
A student applies for admission to Oxnard University. (You may select more than one answer. Click the box with a check mark for
Sonbull [250]

Answer:  The answer is A.

Explanation: The student was given admission to Oxnard University. and he was admitted unconditionally .

3 0
3 years ago
Which of the following ratios appears on a common-size balance sheet? I. Debt to asset ratio II. Net working capital to total as
Mekhanik [1.2K]

Answer:

The answer is I, II

Explanation:

Common-size ratio is a way of expressing each line item of a financial statement as a percentage of a selected line item.

For income statement, each line item is expressed as a percentage of net sales or revenue.

For balance sheet, each line item is expressed as a percentage of total assets.

Both I and II are correct because they are expressed as a percentage of total assets and it is a balance sheet

III is wrong because net profit margin is expressed as a percentage of sales

5 0
3 years ago
A computer company salesperson invites the IT managers of its top 10 customers (in terms of dollar sales) to view a demonstratio
zaharov [31]

Answer:

E. influencers

Explanation:

8 0
2 years ago
Rita Company buys merchandise on account from Linus Company for $590. Rita sells the goods to Ellis for $900 cash. Use a tabular
rosijanka [135]

Answer:

Record of transaction is given below

Explanation:

given data

Selling price of goods =  $900

Cost of goods sold = $590

solution

we get here Record of transaction in Rita Company that is

Inventory accounts   Dr   $900

Account payable    Cr      $900

and

Record of transaction in Linus Company is

Account receive able  Dr  $900

Sales revenue              Cr  $900

and

Cost of goods sold    Dr   $590

Inventory                    Cr    $590

4 0
3 years ago
Which statement is false?
WINSTONCH [101]

Option B, The predetermined overhead allocation rate is based on actual costs.

Explanation:

The term "pre-set overall rate" refers to the allocation rate at the outset of a project, which is based on the expected cost of overhead output for a certain reporting period.

This rate is often used to make book closure quicker as it eliminates estimation of real overhead costs as part of the closing process at the end of the period. Nevertheless, at least at the end of every fiscal year, the disparity between the real and expected overhead sums must be reconciled.

The predetermined rate is derived by calculation as follows:

Estimated amount of manufacturing overhead to be incurred in the period ÷ Estimated allocation base for the period

3 0
2 years ago
Other questions:
  • You are managing a portfolio of $1 million. Your target duration is 10 years, and you can choose from two bonds: a zero-coupon b
    9·1 answer
  • 11. Assume that somehow, Andy managed to get that loan from a bank officer whith whom he went to school. But instead of using it
    14·1 answer
  • The basic rest-activity cycle is about 30 minutes in length <br> a. True <br> b. False
    13·1 answer
  • Is universal credit the same as universal basic income
    11·1 answer
  • Suppose you decide to follow in Vernon Smith's footsteps and conducted your own experiment with your friends. You give out 10 ca
    12·1 answer
  • According to the U.S. Census Bureau’s Current Population Survey, the mean and median 2014 income of people aged 25 – 34 years wh
    8·1 answer
  • Greg, the CEO of Organic Market, wants managers and employees to instruct each other about the organization’s chosen values and
    11·1 answer
  • A government collects $70 billion quarterly in tax revenue. Each year it allocates $15 billion to the justice system and $29 bil
    13·2 answers
  • Which of the following statements about taxes is FALSE?
    10·1 answer
  • Cypress Exports would like to establish retail outlets in​ Mongrovia, a​ quasi-democratic African country with a growing middle
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!