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Evgen [1.6K]
3 years ago
7

What occupational group falls under the service occupation cluster

Business
1 answer:
Leokris [45]3 years ago
3 0
Service occupations include such categories as food services, child care, home installation, maintenance and repair, etc. 
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Adam Jones, the purchasing manager for ACME Corporation, is under suspicion for committing fraud. His superiors believe he is ac
pychu [463]

Answer:

ACME Corporation

Fraud Suspicion of Adam Jones:

1. Pre-admission-seeking Investigation Procedures:

  • Review the company's policies and procedures
  • Interview those who raised the suspicion to establish reasonable basis
  • Interview suppliers and vendors to determine facts
  • Decide if investigation was necessary in the light of company policies and preliminary findings
  • Plan the interview

2. Adam's initial reaction when confronted:

Adam would be defensive and try to deny the existence of such acts, especially when he is not sure that you have got some evidence against him.

3. Adam might try to cover his track when suspicion alert has been raised to his knowledge.  He might contact the vendors and suppliers involved to ensure that they did not disclose any unfavorable information to the investigator.  He might also engage in bluffing, that is trying to prove his innocence before the investigation proper.

4. I know this because I have dwelt with such reactions before.

Explanation:

In law, fraud is the deliberate misrepresentation of facts for the purpose of depriving someone of a valuable possession or enriching oneself.

8 0
3 years ago
8. Effective Yield. A US investor obtain British pounds when the pound is worth $1.50 and invest in a one year-money market secu
Juliette [100K]

Answer:

6.4%

Explanation:

money invest = $1.50 or 1£

interest earned = 1£ x 5% = 0.05£

total returns = 1.05£

now we convert them back to dollars = 1.05£ x $1.52/£ = $1.596

effective yield = (total return - initial investment) / initial investment = ($1.596 - $1.50) / $1.50 = 6.4%

4 0
3 years ago
On January 2, 2015, Quick Delivery Company traded in an old delivery truck for a newer model. The exchange lacked commercial sub
fenix001 [56]

Answer:

$36,000

Explanation:

The first step is to calculate the fair value of the new truck

(List price-cash paid with trade)-(original cost -accumulated depreciation)

= (36,000-30,000)-(24,000-16,000)

= 6000-8000

= loss of $2000

Therefore the cost of the new truck for financial accounting purposes can be calculated as follows

(Original cost- accumulated depreciation)+cash paid with trade-loss

= (24,000-16,000)+30,000-2000

= 8,000 + 30,000 - 2,000

= 38,000-2,000

= $36,000

Hence the cost of the new truck for financial accounting purposes is $36,000

7 0
3 years ago
Cost of Goods Sold account is debited and Finished Goods Inventory is credited for A) purchase of goods on account. B) the sale
Firlakuza [10]

Answer:

B) the sale of goods to a customer.

Explanation:

When goods are sold to a customer, the cost of goods sold account is debited by the same value that the finished goods inventory is credited.

For example, suppose a company sells $1,000 worth of goods to a customer, and the sales price is $1,200. The customer pays by cash the full value of the goods. The journal entry would be:

Account                                    Debit           Credit

Cash                                         $1,200

Sales Revenue                                             $1,200

Cost of Goods Sold                $1,000

Finished Goods Inventory                           $1,000

7 0
3 years ago
How are sales leads generate?
Eva8 [605]

Answer: A sales lead is identified via marketing and advertising, referrals, social media, networking and outreach, product trials, or consultations. A lead does not become a prospect until they've been qualified to determine their level of interest and fit as a potential customer.

Explanation:

4 0
3 years ago
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