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2 years ago

Question 3

1 answer:

6 0

The next step which Heather should take after she has gotten a fraudulent call asking for her credit card details is to hang up and call her credit card company using the 1-800 number on the back of her card to inquire about the issue or report the attempted phone fraud.

As a result of this, we can see that Heather was a target of an attempted phone fraud where a caller asks her to give her 16-digit credit card details so that the supposed error could be cleared up.

It is worth noting that this information can be used to steal money from her checking account and Heather would best not give out such sensitive details over the phone, but call the company to see if the call is really from them.

Therefore, the correct answer is option C

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Indicate whether each of the following costs of an automobile manufacturer would be classified as direct materials, direct labor

erastovalidia [21]

Answer:

1. Direct materials: Windshield.

2. Direct materials: Engine.

3. Direct labor: Wages of assembly line worker.

4. Manufacturing overhead: Depreciation of factory machinery.

5. Manufacturing overhead: Factory machinery lubricants.

6. Direct materials: Tires.

7. Direct materials: Steering wheel.

8. Manufacturing overhead: Salary of painting supervisor.

Explanation:

Product costs in accounting, are the costs which are directly incurred by a company from its manufacturing process. These costs are mainly classified into three (3);

1. Direct materials cost: these are typically the cost of the raw materials and components used in manufacturing a particular product. Examples are windshield, engine, tires, etc.

2. Direct labor: these refers to the wages, salaries, insurance, and benefits being paid to employees that are directly involved in manufacturing and producing specific finished products. Examples are wages of assembly line worker, systems engineer and operators etc.

3. Manufacturing overhead: these include indirect costs and direct manufacturing costs incurred during the production process of a product. Examples are salary of painting supervisor, cost of equipments, depreciation of factory machinery etc.

6 0

4 years ago

A negotiable instrument can function as a substitute for cash.

andreyandreev [35.5K]

1.A negotiable instrument can function as a substitute for cash.- TRUE

2. a time draft is payable at a definite future time. TRUE

3. promissory note payable to "bearer" is not negotiable. - FALSE (It is negotiable)

4. A certificate of deposit is a type of note. - TRUE

5. A signature can consist of a word, mark, or symbol. - TRUE

6.An instrument that promises to pay "in gold" can be negotiable.- FALSE ( Anything payable in the form of a commodity like gold cannot be negotiable)

5 0

3 years ago

Suppose you are shipping 1,000 pounds of product to a customer location that is 500 miles away from you. The customer calls you

DIA [1.3K]

It’s c both of these are likely to occur

6 0

3 years ago

At December 31, Gill Co. reported accounts receivable of $246,000 and an allowance for uncollectible accounts of $1,200 (debit)

Ganezh [65]

Answer:

the amount of the adjustment for uncollectible accounts would be $11,040

Explanation:

The computation of the amount of the adjustment for uncollectible accounts would be given below:

= Account receivable × uncollectible percentage + debit balance of the uncollectible accounts

= $246,000 × 4% + $1,200

= $9,480 + $1,200

= $11,040

Hence, the amount of the adjustment for uncollectible accounts would be $11,040

3 0

3 years ago

A major financial institution hired a renowned security firm to attempt to compromise its computer network. A few days later, th

Mashutka [201]

Answer:

detective control.

Explanation:

Cyber security can be defined as preventive practice of protecting computers, software programs, electronic devices, networks, servers and data from potential theft, attack, damage, or unauthorized access by using a body of technology, frameworks, processes and network engineers.

IDS is an acronym for intrusion detection system and it can be defined as a security system which is typically used to monitor network traffic and it notifies the engineer when there's a malicious activity.

Generally, the detection methods used by the Intrusion Detection Systems (IDS) are;

1. Statistical anomaly-based detection.

2. Stateful protocol analysis detection.

3. Signature-based detection.

Hence, the operations in this scenario is an example of a detective control which avails a business firm information about vulnerabilities that exist in its network system.

8 0

3 years ago