Ask question

Ask question

All categories

4 years ago

12

Smart fraudsters will avoid financial statement fraud involving the overstatement of ____ because of the compounding effect from

period to period.
A. revenue
B. accounts receivable
C. inventory
D. fixed assets

1 answer:

Masteriza [31]4 years ago

8 0

I believe it is b sir miss

You might be interested in

Laura understands the reasons her boss assigned other team members to the better projects but thinks the way he told her about i

ratelena [41]

Answer: interactional

Organizational justice refers to an employee ’s perceptions of fairness in the place of his work. There are four components of organizational justice: .distributive, informational interactional, and procedural. Of the four, Laura is feeling interactional injustice which based on interpersonal interactions and treatment of his boss towards her team members.

8 0

3 years ago

If we were able to invest a Gradient = $100 at the end of each year for 7 years at 6% interest (i.e., So at the end of year 1, $

zavuch27 [327]

Answer:

We can withdraw an equivalent annuity of $ 293.658 each year.

Explanation:

We build a scheduled table to know the future value of the gradient investment

Time Beg Gradient Total Rate Ending

1 $100.00 $100.00 $100.00 0.060 $106.00

2 $106.00 $100.00 $206.00 0.060 $218.36

3 $218.36 $200.00 $418.36 0.060 $443.46

4 $443.46 $300.00 $743.46 0.060 $788.07

5 $788.07 $400.00 $1,188.07 0.060 $1,259.36

6 $1,259.36 $500.00 $1,759.36 0.060 $1,864.92

7 $1,864.92 $600.00 $2,464.92 0.060 $2,612.81

Then, we solve for the equivalent annuity-due:

$PV \div \frac{1-(1+r)^{-time} }{rate}(1+rate) = C\\$

PV 2,613

time 7

rate 0.06

$2612.81 \div \frac{1-(1+0.06)^{-7} }{0.06}(1+0.06) = C\\$

C $ 293.658

Itis annuity due as we will going to retire cash in a 6 year period for seven times. (at each year-end during 6 years thus, annuity-due

1st 2nd 3rd 4th 5th 6th 7th

/-------/-------/-------/-------/-------/-------/-------/

1 2 3 4 5 6 7

3 0

3 years ago

Trish receives $450 on the first of each month. Josh receives $450 on the last day of each month. Both Trish and Josh will recei

Svetach [21]

Answer:

$141.80

Explanation:

Calculation for the difference in the present value of these two sets of payments

First step is to calculate for the PVA Due

PVA Due = $450 × [(1 - {1 / [1 + (.095 / 12)]^(4 × 12)}) / (.095 / 12)] × [1 + (.095 / 12)]

PVA Due = $18,053.58

Second step is to find the PVA

PVA = $450 × [(1 - {1 / [1 + (.095 / 12)]^(4 × 12)}) / (.095 / 12)]

PVA= $17,911.78

Since we have know both the PVA Due and the PVA the last step will be to know the difference between the both sets of payments using this formula

Difference= PVA Due - PVA

Difference = $18,053.58 - 17,911.78

Difference= $141.80

Therefore the difference in the present value of these two sets of payments will be $141.80

8 0

4 years ago

All of the following are examples of body language except:

miskamm [114]

Answer:

using humor to describe a situation

4 0

3 years ago

Read 2 more answers

Which statement corresponds to this specific situation?

Illusion [34]

Answer:

<em>Employer may legally discriminate based on BFOQ</em>

Explanation:

Bona Fide Occupational Qualification BFOQ gives an employer the right to employ individuals base on sex, age, nationality, gender if they see these characteristics as bona fide occupational qualification. In doing this, the employer must be able to show that the reason for employing based on these characteristics is very vital to the production of their company, and that only these particular characteristics are necessary for the safety and efficiency of the employee. In this case, it is possible that the bona fide occupational qualification for this job is that the candidate must be or above 60 years of age.

7 0

3 years ago