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Vlad [161]
2 years ago
6

When two or more persons work together to circumvent internal control procedures and commit a fraud, this is called.

Business
1 answer:
zalisa [80]2 years ago
5 0
The correct answer is is collusion.
You might be interested in
Which of the following is an advantage of the mall-intercept interview method? the interviewer can explain complex questions and
max2010maxim [7]

Answer:

The interviewer can explain complex questions and show visual aids if needed

Explanation:

The mall-intercept interview method is a technique in which people that are visiting a mall are stopped to ask them questions. This method allows to give detail explanations if people don't understand the questions, visuals can be used and it is easier to convince someone to participate in it when compare to other methods like phone interviews. According to this, the answer is that the advantage of the mall-intercept interview method is that the interviewer can explain complex questions and show visual aids if needed.

4 0
3 years ago
Various financial data for the past two years follow. LAST YEAR THIS YEAR Output: Sales $ 200,100 $ 202,100 Input: Labor 30,100
kramer

Answer: $1.637; $1.404

Explanation:

Given that,

Last year:

Output - Sales = $200,100

Input:

Labor = 30,100

Raw materials = 35,100

Energy = 5,010

Capital = 50,010

Other = 2,010

Input = 30,100 + 35,100 + 5,010 + 50,010 + 2,010

         = 122,230

Total Productivity = \frac{output}{input}

                              = \frac{200,100}{122,230}

                              = $1.637

This year:

Output - Sales = $202,100

Input:

Labor = 40,100

Raw materials = 45,100

Energy = 6,050

Capital = 49,750

Other = 2,875

Input = 40,100 + 45,100 + 6,050 + 49,750 + 2,875

         = 143,875

Total Productivity = \frac{output}{input}

                              = \frac{202,100}{143,875}

                              = $1.404

8 0
3 years ago
How do the relative position of the earth moon and sun impact the moon phases​
V125BC [204]

Moon phases are what of the moon we can see from Earth. Lunar tides are caused by the moon's gravity pulling on the water on Earth. High tide occurs when the moon is directly in line with the body of water in question. Lunar eclipses are caused by the shadow of the Earth as it passes in between the sun and the moon

4 0
3 years ago
If during 2011. the country of Sildavia recorded a GDP of $65 billion. interest paymentsof $15 billiorn imports of $13 billion.
Helen [10]

Answer:

B. $36 billion

Explanation:

Since we were asked to calculate Wages. We can't use the Expenditure method of GDP. Method to be used would be the Income approach. In doing so, the values of export and import would be excluded. Therefore,

Given that

GDP = 65 billion

Profits = 7 billion

Rent = 7 billion

Interest payments = 15 billion

Recall that,

GDP = sum of income earned (profits, wages, rents, interests)

Thus,

Wages = GDP - Profits + rents + interests

= 65 - (15 + 7 + 7)

= 65 - 29

= 36 billion

Hence, wages during 2011 was $36 BILLION.

Note: Parameters used are based on the information in the question. It is important to note that income earned when using income approach could be more than the 4 stated parameters of wages, rent, profits and interests.

6 0
3 years ago
On December 31, 2021, Larry's Used Cars had balances in Accounts Receivable and Allowance for Uncollectible Accounts of $66,000
sladkih [1.3K]

Answer:Bad debts expense =  $6,875

Explanation:

A bad debt expense is recognized when a customer cannot pay its financial obligations therefore the  account  receivable will no longer be collectible

Beginning uncollectible accounts= $900

Ending allowance for uncollectible accounts = $5,500

Amounts written off = $2,275

Ending allowance for uncollectible accounts =Begining uncollectible accounts + current bad debts expense - amounts written off in 2022

$5,500= $900 + bad debts expense - $2,275

current bad debts expense for 2022= $5,500 - $900 + $2,275 = $6,875

Can also be illustrated as  

ACCOUNTS

Begining uncollectible accounts                              $900

Amounts written off (less)                                       - $2,275

Bad debts expense(add)                                         + $6,875

Ending allowance for uncollectible accounts          $5,500

3 0
2 years ago
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