Believes in something, values honesty and triump
Answer:
B. The cash receipts journal was held open after year-end.
Misappropriation of assets is a fraudulent act that involves theft of company property.
In asset management, the challenges faced in addition to maximizing the life cycle of the asset itself are errors, misappropriation of assets and financial statement fraud on assets under management.
Mistakes are common in various managements, errors in asset management are caused by unintentional mistakes, in contrast to misuse and fraud which have an intentional element. These things lead to company losses in terms of assets.
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Understanding Missappropriation of Assets</h3>
Misappropriation of company assets or assets is an illegal act which is often also referred to as embezzlement of assets or theft of assets. For example, embezzlement of company cash, use of facilities for personal gain, fraudulent expenditure of company expenses.
The embezzlement of large amounts of assets will adversely affect the company's cashflow. If not immediately detected and prevented, this will become a new culture that is detrimental to the company.
Learn more about Missappropriate of assets at brainly.com/question/10569326.
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Answer and Explanation:
The correct journal entry to record the impact of this tax rate change is shown Below:
Income Tax Expense $5,000
To Deferred Tax Assets $5,000
(being the income tax expense is recorded)
here the income tax expense is debited as it increased the expense and credited the deferred tax assets
So, the same should be considered
Answer:
Stakeholders
Explanation:
A business' policies and actions affect a variety of interests including,
- Shareholders, who own equity interests in the company,
- Suppliers and employees, who provide the inputs required for the company's operations,
- Clients and customers, who consume the output of the business,
- Government, who is paid taxes on the company's operations.
And so many more.
All categories of interests and people affected by a company are term stakeholders.