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ycow [4]
3 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]3 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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Answer:

The value of the inventory at the lower of cost or market price is:

= $21,170.

Explanation:

a) Data and Calculations:

Product  Inventory    Cost per Unit  Market Value per Unit     LCNRV

              Quantity                              (Net Realizable Value)

Model A       12                $106                   $102                  $1,225 (12*$102)

Model B      45                    84                       70                     3,150 (45*$70)

Model C     36                  254                    243                     8,748 (36*$243)

Model D     31                     85                      88                     2,635 (31*$88)

Model E     41                    132                    148                      5,412 (41*$132)

Total cost of inventory based on LCNRV (per item)        $21,170

3 0
3 years ago
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The answer is "Individual".<span>

<span>Each of these mentioned factors with few variations will influence the business buying decision process. One or more changes in these might lead to a different result. These factors can also operate in different ways varying from person to another person.</span></span>

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4 years ago
According to Redpath and Greg Urban, what is the threshold amount for determing if a substantial basis adjusment is mandatory?
Nataly_w [17]

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4 years ago
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Assume a company buys a machine worth $1 million and pays for it by borrowing the funds from a bank. The firm's assets will rise
FinnZ [79.3K]

Answer:

True

Explanation:

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