According to the CFE Code of Professional Ethics it is vital that fraud examiners do now not specific opinions in their professional report.
<h3>What tasks do Fraud Examiners do?</h3>
The Fraud Examiner, Investigator, and Analyst will aid in the decision of fraud allegations through gathering evidence, recording statements, writing and producing reports, and testifying on findings.
<h3>Why is it vital for fraud examiners to observe up on even the smallest inconsistencies?</h3>
It is necessary for a fraud examiner to follow up on the smallest inconsistencies because not only is it what they are educated for however inconsistencies in reporting be the biggest indication that something primary is going on.
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Answer:
B. team management
Explanation:
A team can be defined as a group of people or set of individuals with various skill set, knowledge and experience coming together to work on a project or task in order to successfully achieve a set goal and objective.
This ultimately implies that, a team comprises of individuals, workers or employees having complementary skills, knowledge and experience needed to execute a project or task successfully. Therefore, workers working as a team usually interact with the other team members and as a result, this enhances performance and strengthen the level of relationship they share.
In this scenario, each day of the week you meet with your direct supervisor and your coworkers for a morning meeting. The meeting is open-forum and issues, goals, topics, and ideas are all discussed at the meeting, during which the supervisor responds when able and asks for feedback often. This is an example of team management.
The preparation of a Balance Sheet for Rosebud Motel as of July 26, 2022, is as follows:
Rosebud Motel
<h3>Balance Sheet</h3>
As of July 26, 2022
Assets
Current Assets:
Cash $17,000
Office Supplies 2,095
Accounts Receivable 8,215
Total current assets $27,310
Long-term Assets:
Equipment $29,900
Building 141,000 $170,900
Total assets $198,210
Liabilities
Current Liabilities:
Elmdale Cleaning Ltd. $4,600
Staple Supply Co. 1,150
Total current liabilites $5,750
Long-term Liabilities:
Mortgage Payable $74,000
Bank Loan 16,230 90,230
Total liabilities $95,980
Owner's Equity $102,230 ($198,210 - $95,980
Total liabilities and equity $198,210
<h3>What is the balance sheet?</h3>
The balance sheet is a financial statement that shows the financial position of an entity.
The balance sheet shows that the assets are equal to liabilities and equity.
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The windows are not energy efficient, but the roof is.
Explanation:
This picture form is used for heat loss identification and location of areas that require extra insulation. The spectrum of temperature is from mild (white) to cool (blue).
Thermography is a technique to visualize surface temperature by recording infrarot long-wave emissions.
The ventilation of the roof and windows reveals most of the heat drained from the building. Building thermograph displaying heat loss zones.
Answer:
Journal entries will be as follows;
Explanation:
1.The machine purchased is an asset so machinery a/c will be debited.
The cash used to purchase the machine is an outflow so it's credited on the cash a/c
2. Electricity wiring on the machine is part of the acquisition cost, hence we debit machinery account and the cash paid for that is credited on cash a/c
3. Cost of securing it in place is also an operating cost hence you debit machinery a/c and credit the cash used to pay for it in the cash a/c
<u>Journal entries</u>
1. Machinery account Dr 192,000
Cash account Cr 192,000
2.Machinery account Dr 8,000
Cash account Cr 8,000
3.Machinery account Dr 1,600
Cash account Cr 1,600