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ycow [4]
2 years ago
13

Every year businesses lose thousands of dollars from employee theft. Business owners put a lot of trust in employees to care and

maintain equipment and supplies. Employees are expected to utilize equipment and supplies for business purposes only. What is lost when employees take advantage of the benefits of employment
Business
1 answer:
Setler79 [48]2 years ago
7 0

Answer:

  • Loss of confidential/product information
  • Loss of Time :  
  • Loss of money
  • Loss of company property

Explanation:

When employees take advantage of the benefits of employment which includes access to company's/employer's assets and the indulge in what is known as employee theft ( misuse of company's assets ), The losses that the company might experience will include some or all of the following :

  • Loss of confidential/product information
  • Loss of Time : this is when company pays the employees for work time that they did not put in
  • Loss of money
  • Loss of company property
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In preparing Tywin Company's statement of cash flows for the most recent year, the following information is available: Purchase
soldier1979 [14.2K]

Answer:

-$264,000

Explanation:

The net cash flows from investing activities for the year is presented below

Cash flow from investing activities

Purchase of equipment  -$260,000

Proceeds from the sale of equipment $87,000

Purchase of land -$91,000

Net cash flow used by investing activities  -$264,000

The purchase is a cash outflow so it would be shown in a minus sign whereas sales is a cash inflow so it would be added

3 0
3 years ago
Younger employees also are more likely to use the Internet and social media to accomplish their tasks. This is an example of the
DaniilM [7]

Answer: Expectation and norms

                                   

Explanation: In simple words, expectation refers to the believe that something would happen in the future in a certain way. While norms refers to something that is standard and very probable ion nature.

It is automatically assumed that young employees will use more technology as their generation is the when where the technology gained its pace. Thus, the assumption in the statement shows expectations and norms.

5 0
3 years ago
If a concession stand received $5,550 in gameday sales, and its profit for the event was $3,330, what were the expenses?
frez [133]

Answer: $1,110 .

Explanation:

Given : Amount received by concession stand in gameday sales = $5,550

i.e. Gross income = $5,550

Profit  for the event = $3,330

i.e. Net income =$3,330

According to the Net income formula ,

Gross income - expenses = Net income

⇒ Expenses = Gross income - Net income

⇒ Expenses = $5,550- $3,330

⇒ Expenses = $1,110

Thus , the expenses were $1,110 .

3 0
3 years ago
A newly created design business called Smart Art is just finishing up its first year of operations. During the year, there were
vladimir2022 [97]

Answer:

Bad debts expenses shall be $ 850

Explanation:

The balance in the bad debts expense account shall be the aggregate of the amounts written off and the estimated uncollectible accounts based on ageing at the year end.

Amount written off during the year                                                 $ 650

Estimated uncollectible account provided at year end                 <u>$ 200</u>

Total Bad Debts expenses                                                               $ 850

4 0
3 years ago
Read 2 more answers
Regina spends three hours each day working as an online customer service representative for a retailer. She can choose her own h
SIZIF [17.4K]

Answer:

Home-based work

Explanation:

Home based work is a type of work in which the individual carry out their functions and responsibilities from the comfort of his/her home. The employee makes contact with the company through the phone or internet.

Home-based workers sell goods to the customers directly from the house. The advantages of working from home include:it gives the individual control over their schedule, it's creates time for personal growth, it reduces the unnecessary money spent on transportation, it gives the employee full control over their income.

4 0
2 years ago
Read 2 more answers
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