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2 years ago

The presence of fraud risk factors increases the likelihood of fraud and may suggest that fraud is being perpetrated.

Business

1 answer:

Shkiper50 [21]2 years ago

7 0

Answer:

True

Explanation:

Fraud risk can be regarded as the

possibility of a firm been a prey of any fraudulent activity, it could be altering of financial records or extortion even stealing from the company, fraud can bring down a grown organization if not tackled. It should be noted that The presence of fraud risk factors increases the likelihood of fraud and may suggest that fraud is being perpetrated.

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Mr. and Mrs. Garcia have a total of $100,000 to be invested in stocks, bonds, and a money market account. The stocks have a rate

Alexeev081 [22]

Answer:

Explanation:

Let y amount be invested in bonds

Let x amount be invested in money account

Let x amount be invested in stocks

x = y + 3x

10,000 = 12/100(y+3x) + 8/100*y + 4/100*x

10,000 = 12(y+3x) + 8y + 4x / 100

10,000 * 100 = 12y+36x + 8y + 4x

2500 * 100 = 3y + 9x + 2y + x

250,000 = 5y + 10x

50,000 = y + 2x.......................(1)

x + y + z = $100,000

y + 3x + y + x = $100,000

2y + 4x = 100,000

y + 2x = 50,000.......................(ii)

y = 50,000 - 2x

x = 50,000 + x

z = z

<u>2 Options are</u>

{(x,y,x), (x2,y2,z2)}

= (50000, 50000) (60000, 30000, 10000)

7 0

3 years ago

On November 7, 2017, Mura Company borrows $160,000 cash by signing a 90-day, 8% note payable with a face value of $160,000. (Use

sergeinik [125]

Answer:

interst expense 1,920 debit

interest payable 1,920 credit

--to record year-end adjustment--

interest expense 1,280 debit

interest payable 1,920 debit

note payable 160,000 debit

cash 163,200 credit

--to record the honor of the note--

Explanation:

principal x rate x time = interest

principal 160,000

rate 8% annual

days from November 7th to December 31th: 54 days

160,000 x 0.08 x 54/360 = <em>1,920 interest expense</em>

at maturity:

160,000 x 0.08 x 90/360 = 3,200

3,200 total interest less 1,920 accrued interest = 1,280

8 0

3 years ago

Create a title page.

labwork [276]

Hey i did your assignment but it won’t let me send it all so do you have any social media platforms i can send it to?

5 0

3 years ago

Kriyoto inc. is a manufacturer of printers, scanners, and other office equipment. it announced a cash refund for corporate purch

zloy xaker [14]

Rick has received a rebate. A rebate is a sum paid by a method for diminishment, return, or discount on what has just been paid or contributed. It is a sort of offers advancement that advertisers utilize basically as motivating forces or supplements to item deals. There is confusion on discount and rebate, the rebate is a backend discount while the discount is the upfront meaning you the customer is discounted by the time he/she bought the item.

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3 years ago

You own a portfolio that has $2,600 invested in Stock A and $3,600 invested in Stock B. If the expected returns on these stocks

Sav [38]

Answer:

the expected return on the portfolio is $7,052

Explanation:

The computation of the expected return on the portfolio is shown below:

Stock A return = $2,600 + 12% of 2600 = $2,912

And,

Stock B return = $3,600 + 15% of 3600 = $4,140

So,

Expected return on portfolio is

= $2,912 + $4,140

= $7,052

hence, the expected return on the portfolio is $7,052

7 0

2 years ago