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Anestetic [448]
3 years ago
5

50 points. Ethics are essential in good accounting. For this assignment, find examples of poor ethical behavior in accounting an

d some of the fallout of those behaviors. Remember to use good writing habits. Cite your sources.
Business
1 answer:
Alexxandr [17]3 years ago
8 0

Answer:

Ethics of accounting information is providing accounting information to make good economic decisions in the financial statement of the organization.

Explanation:

You might be interested in
Freet Inc. is preparing its cash budget for November. The budgeted beginning cash balance is $21,000. Budgeted cash receipts tot
Bezzdna [24]

Answer and Explanation:

The Preparation of company's cash budget is shown below:-

Beginning cash balance     $21,000

Add: Cash receipt                $100,000

Total cash available             $121,000

Less: Cash disbursement    $99,000

Excess of cash available

over disbursement               $22,000

Add: Borrowings                   $33,000

Cash balance, ending          $55,000

7 0
3 years ago
Assuming the required-reserve ratio is 20%, after a $5 billion purchase of securities (government bonds) from the non-bank publi
9966 [12]

Answer: $25 billion

Explanation:

The increase in cash as a result of a deposit into the banking system, no cash leakages and a required-reserve ratio is:

= Deposit into banking system * Money multiplier

Money multiplier = 1 / Required reserve ratio

= 1 / 20%

= 5

Checkable deposit increase:

= 5 billion * 5

= $25 billion

8 0
3 years ago
Assume the following: Pre-tax return = 14.5% Tax rate = 25% Inflation rate = 4% What is your real return?
Colt1911 [192]

Answer:

6.875%

Explanation:

In order to compute the real return, first, we have to determine the after-tax return which is shown below:

After-tax return = Pre-tax return - tax rate of Pre-tax return

                          = 14.5% - 25% × 14.5%  

                          = 14.5% - 3.625%

                          = 10.875%

And, the inflation rate is 4%

So, the real return would be

= 10.875% - 4%

= 6.875%

3 0
3 years ago
Two teachers purchased art supplies for their classes. One paid $103.45 for eight large boxes of crayons. The other teacher purc
alexdok [17]

Answer:

The answer is c. price

Explanation:

Discount pricing is a type of pricing strategy where you offer customers a discount when they buy in bulk . The goal of a discount pricing strategy is to increase customer traffic, clear old inventory from your business, and increase sales.

3 0
3 years ago
Carey Company buys land for $50,000 on 12/31/14. As of 3/31/15, the land has appreciated in value to $50,700. On 12/31/15, the l
sweet-ann [11.9K]

Answer:

$0

Explanation:

There is no reason why Carey Company should increase their land account in 2015. As long as the company owns the land they should not modify the land account, since land doesn't depreciate. Even if they build something new on the land site, that will increase the land improvements account or buildings account, not the land account.

If they decide to sell the land then the original purchase value will serve as the basis for calculating capital gains taxes.

3 0
3 years ago
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