briefly discuss both management’s as well as the auditor’s responsibility as it relates to discovering fraud within an organization.
Answers
Management and auditor responsibilities regarding discovering fraud within an organization. Both the management and auditor are responsible for discovering fraud within an organization. The management is responsible for ensuring that the organizational environment is conducive for the prevention and detection of fraud. On the other hand, the auditor is responsible for providing an independent assessment of the organization's internal controls and processes in place to prevent and detect fraud.
Managements' responsibilities in discovering fraud within an organization:Management has a significant responsibility when it comes to detecting fraud. They must create a strong control environment within the organization that would help detect and prevent fraud. The management should develop an ethical culture within the organization, promote communication and training of all stakeholders, and ensure that appropriate systems and controls are implemented in the organization to prevent and detect fraud. Management must create a strong internal control structure within the organization to help detect and prevent fraud. This can be done by establishing an internal audit function and creating policies and procedures to guide employees on the ethical conduct of business.Auditors' responsibilities in discovering fraud within an organization:Auditors have the responsibility of providing an independent assessment of the internal controls of an organization. Auditors are required to have a deep understanding of the nature of fraud, the types of fraud, and the potential risks that may be associated with fraud. An auditor's primary responsibility is to detect fraud, either material or immaterial, and provide an opinion on the truth and fairness of the financial statements. Auditors can detect fraud by testing internal controls, conducting analytical procedures, and testing for specific fraud risks.They should also assess the risk of material misstatement due to fraud when planning the audit and perform the audit procedures designed to detect material misstatements due to fraud.For such more questions on organization
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Related Questions
Trade Barriers decrease the number of goods people can choose from.
True or false ?
Answers
studoco monetary policy is defined as the: group of answer choices change of the tax code to achieve economic changes. adjustment of interest rates to influence economic conditions. change in government spending to change economic conditions. implementation of ceilings on the federal funds rate in the economy.
Answers
Studying monetary policy is defined as the "adjustment of interest rates to influence economic conditions."
Monetary policy refers to the actions taken by a central bank, such as the Federal Reserve in the United States, to influence the supply and cost of money and credit in the economy.
One of the primary tools of monetary policy is the manipulation of interest rates, which can be used to encourage or discourage borrowing, spending, and investment.
For example, if the central bank raises interest rates, it can make borrowing more expensive and thus reduce spending and inflation, while lowering interest rates can encourage borrowing and spending, which can help stimulate economic growth. Overall, the goal of monetary policy is to promote stable economic growth and control inflation, while also maintaining financial stability and employment levels.
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explain how the looting of shops and malls will affect businesses in terms of the relationship between social responsibility and Triple bottom line
Answers
Answer:
how the looting of shops and malls will affect businesses of the terms of the relationship between social responsibility and triple bottom line.
how long does it typically take for deeper aquifers to recharge?
Answers
Deeper aquifers typically take a longer time to recharge compared to shallow ones. The recharge rate depends on factors such as permeability, porosity, and precipitation. It can take anywhere from several years to thousands of years for deeper aquifers to fully recharge.
Deeper aquifer recharge times can vary significantly based on a number of variables, including the local geology, the aquifer's size, and the rate of recharge. Deeper aquifers typically recharge more slowly than shallow aquifers. Due to their proximity to the surface and ease of access to precipitation and surface water sources, shallow aquifers can replenish more quickly. Deeper aquifers, on the other hand, are frequently cut off from sources of surface water and can only be slowly recharged by the evaporation of nearby areas.
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abc lawn care service continuously makes an effort to set up multiple points of interaction with its customers. abc wants to provide lawn care every week to keep its customers' yards looking manicured and ultimately to develop a relationship with its customers. which of the following does not describe relationship selling?
Answers
It does not describe relationship selling is one-time sale.
This may not seem like a one-time sale because one-time sale is either recorded under operational expenses or under earnings before interest and taxes (EBIT). EBIT is a company's profit that has been adjusted to exclude taxes and debt interest expenses. The bottom line of the income statement is devoted to the company's net income, which is the profit made after deducting all expenditures, expenses, and revenues.
A one-time sale, such the selling of an asset, could boost net income for that time frame. The terms odd or nonrecurring events are also used to describe one-time sale. There was no way this could seem like a one-time deal.
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It does not describe relationship selling is one-time sale.
This may not seem like a one-time sale because one-time sale is either recorded under operational expenses or under earnings before interest and taxes (EBIT). EBIT is a company's profit that has been adjusted to exclude taxes and debt interest expenses. The bottom line of the income statement is devoted to the company's net income, which is the profit made after deducting all expenditures, expenses, and revenues.
A one-time sale, such the selling of an asset, could boost net income for that time frame. The terms odd or nonrecurring events are also used to describe one-time sale. There was no way this could seem like a one-time deal.
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c = prn is formula for ca
Answers
......
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Dixon Company is a manufacturer that completed numerous transactions during the month, some of which are shown below: a. Raw materials purchased on account, \( \$ 100,000 \). b. Raw materials used in
Answers
Certainly! Here is some additional information related to Dixon Company's transactions:a. Raw materials purchased on account for $100,000: This transaction indicates that Dixon Company acquired raw materials from suppliers but did not make an immediate cash payment.
The company incurred a liability (accounts payable) for the amount owed to the suppliers.
b. Raw materials used in production: This transaction refers to the consumption of raw materials in the manufacturing process. As raw materials are transformed into finished goods, their value is transferred from the raw materials inventory account to the work-in-PROGRESS (WIP) or finished goods inventory account.
c. Goods produced and transferred to finished goods: This transaction represents the completion of manufacturing activities and the transfer of goods from the work-in-progress (WIP) account to the finished goods inventory account. The value of the goods produced is added to the finished goods inventory, which represents the cost of completed products that are ready for sale.
d. Goods sold on account for $200,000: This transaction signifies that Dixon Company made sales to customers on credit, meaning the customers will pay at a later date. The revenue from these sales is recognized, and the corresponding accounts receivable is recorded as an asset.
e. Operating expenses paid in cash, $50,000: This transaction involves the payment of various operating expenses (e.g., salaries, rent, utilities) using cash. The cash account decreases, and the corresponding expense accounts are debited to reflect the costs incurred.
These are just a few examples of the transactions that Dixon Company may have encountered during the month. If you have specific questions or require more information about a particular transaction, please let me know, and I'll be happy to assist you further.
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(Choose the most appropriate answer from the choices below) In an assembly line balancing problem, work station cycle time.
I. will decrease as the required production per day increases, other things remaining the same.
II. will increase as the required production per day increases, other things remaining the same.
III. will decrease as the production time per day increases, other things remaining the same.
IV. will increase as the production time per day increases, other things remaining the same.
A. IV
B. II
C. I
D. III
E. I. and IV
Answers
Answer:I need points
Explanation:
Hola
The general objective of this study is to figure out why the brand image of Jumeriah has an impact on tourist satisfaction and loyalty towards the resort and specifically how it impacts those aspects.
This study also has a set of more amplified objectives to attain by the end of this paper.
1. To understand what factors, contribute to a strong brand image for a resort
2. To examine how brand image affects tourist satisfaction with Resort Jumeriah
3 To examine how brand image affects the customer's (new) perception of Resort Jumeriah
4. To understand how Resort Jumeriah can create a strong brand image that will result in satisfied and loyal guests.
Make Null and alternative Hypotheses to the above objectives.
Answers
Resort Jumeriah can create a strong brand image that results in satisfied and loyal guests this is alter hypothesis
Types of hypothesis
1. Null hypothesis:
No factors contribute to a strong brand image for a resort.
Alternative hypothesis:
Some factors contribute to a strong brand image for a resort.
2. Null hypothesis:
Brand image does not affect tourist satisfaction with Resort Jumeriah.
Alternative hypothesis:
Brand image affects tourist satisfaction with Resort Jumeriah.
3. Null hypothesis:
Brand image does not affect customer perception of Resort Jumeriah.
Alternative hypothesis:
Brand image affects customer perception of Resort Jumeriah.
4. Null hypothesis:
Resort Jumeriah cannot create a strong brand image that results in satisfied and loyal guests.
Alternative hypothesis:
Resort Jumeriah can create a strong brand image that results in satisfied and loyal guests.
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If you invested $250 at 16% how much will have after 4.5 years
Answers
Answer:
$180
Explanation:
$250 * 0.16 * 4.5 = $180
Answer:
it depends on how often it's compounded
yearly:
The final balance is $487.53.
The total compound interest is $237.53.
semi-annually:
The final balance is $499.75.
The total compound interest is $249.75.
quarterly:
The final balance is $506.45.
The total compound interest is $256.45.
bi-monthly:
The final balance is $508.79.
The total compound interest is $258.79.
monthly:
The final balance is $511.17.
The total compound interest is $261.17
bi-weekly:
The final balance is $512.48.
The total compound interest is $262.48.
weekly:
The final balance is $513.04.
The total compound interest is $263.04.
daily:
The final balance is $513.53.
The total compound interest is $263.53.
continuous:
The final balance is $513.61.
The total compound interest is $263.61.
Explanation:
hope this helps:)
why do cellphone services providing firms often charge higher prices to pre paid than those on contract
Answers
Answer: Prepaid cost more because it has more perks than contract, it offers more to the customer's either in data or calls
Explanation:
Prepaid phone services are services that which requires you to pay an upfront for the plans you'll be using in either calling,browsing or texting
While contract has you to choose from monthly plans
Prepaid cost more because it has more perks than contract, it offers more to the customer's either in data or calls
During the manufacture of the gas sulfuric acid, the presence of nitric oxide gas helps in catalyzing the oxidation of sulfur dioxide which is also a gas. This process is best described as: Select the correct answer below: O heterogeneous catalysis O intermediate catalysis homogeneous catalysis O none of the above
Answers
Homogeneous catalysis is the best way to describe the process during the manufacture of the gas sulfuric acid, where the presence of nitric oxide gas catalyzes the oxidation of sulfur dioxide.
This is because the reaction occurs between gases in a homogeneous mixture, as opposed to a heterogeneous mixture where the reactants are in different phases. Homogeneous catalysis is a type of catalysis where the catalyst is in the same phase as the reactants, and it increases the rate of the reaction by lowering the activation energy. In this case, the nitric oxide gas acts as a catalyst to facilitate the reaction between sulfur dioxide and oxygen. This process is crucial for the production of sulfuric acid, which is an essential chemical used in many industries. We can say that homogeneous catalysis is a useful technique in various industries as it offers many advantages, including higher efficiency, lower costs, and reduced waste production.
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Why miscommunication and misunderstanding happen
Answers
Answer:
misunderstanding happens due to the distance . misunderstanding happen due to lack of time to solve problem . misunderstanding happens due to third person between two persons . misunderstanding happens due to the virtual world .
ANSWER ASAP-- In one year, Corey earned $25,000 from his employer and a $300 capital gain from the sale of an investment. Corey doesn’t qualify for any deductions, but he can claim the lifetime learning credit.
Corey’s adjusted gross income is BLANK
and his total tax due will be (decreased or increased)
by the credit.
Answers
Answer:
Corey’s adjusted gross income is $25,300 and his total tax due will be decreased by the credit.
Explanation:
Add what Cory earned and his capital gain to make $25,300
Cory claimed the lifetime learning credit which decreases his total tax due
true or false?
individuaIs in an organization are expected to primariIy work on their own personaI goals.
Answers
Answer:
TRUE ⁱ ᵍᵘᵉˢˢ
Explanation:
They include specific, day-to-day operational tasks needed to run a business and that help drive scalability and business growth. Key organizational goals can also include employee and management performance, productivity, profitability, innovation, market share and social responsibility goals.
What is unemployment
Answers
Answer:
Unemployment, according to the OECD (Organisation for Economic Co-operation and Development), is people above a specified age (usually 15)[2] not being in paid employment or self-employment but currently available for work during the reference period.
Explanation:
At The Extra;-
Unemployment is measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force (the total number of people employed added to those unemployed).
Pls Rate And Brainliest
Answer:
a situation when a person actively searches for employment but is unable to find work.
Why do companies offer Benefits & Incentives to their employees when
they are not required by law to do so?
Answers
In law, Salary or wages are the compulsory incentives an employee or worker of labor is entitled to, for services offered to the company.
The use of Benefits and Incentives serves as External Motivator for employees.Some companies offers its employees a prize if they can achieved a certain target or goals,
In conclusion, the act of giving incentives does not only motivates them, but it serves as techniques to make employee stay longer at the company.
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Expenses that need to be paid before a new business can open are called _____.
operating expenses
ending inventory
start-up costs
beginning inventory
Answers
Answer:
start-up costs
Explanation:
Hopefully that helps.
Answer:
Start Up Costs
Explanation:
Im taking a business major this is the right answer
b) They hire a new employee and after orientation, they collect the person's state
ID, social security number, and other important documents. At this point, what
responsibility do the two friends have as it pertains to regulation? Which guidelines
does this correspond with? (2 points)
Answers
Based on the given information, The guidelines do correspond with General Data Protection Regulation highlighting personal information.
As the context seems incomplete the answer is written in generalise manner.
When new employees start working for a firm, their personal information and other sensitive data must be collected and stored in accordance with numerous requirements to preserve their privacy and security.
The General Data Protection Regulation (GDPR), is a comprehensive data protection law that applies to firms operating in the European Union (EU) and the European Economic Area (EEA).
The GDPR requires businesses to seek explicit consent from individuals before collecting and processing their personal information, as well as to adopt sufficient technical and organizational safeguards to secure that data from unauthorized access or disclosure.
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Soot is considered the second largest cause of global warming.
It is emitted from a variety of sources, but most notably from
vehicles. Damian owns a logistics company that has a very large
fleet of d
Answers
The given statement "Soot is considered the second largest cause of global warming" is false because while soot, also known as black carbon, does contribute to climate change, it is not considered the second largest cause of global warming.
The primary greenhouse gas responsible for global warming is carbon dioxide (CO₂) emitted from burning fossil fuels. Soot is emitted from various sources, including vehicles, biomass burning, and industrial processes. It has a warming effect on the climate because it absorbs sunlight and heats the atmosphere.
However, its overall contribution to global warming is smaller compared to greenhouse gases like CO₂. Addressing soot emissions is still important for mitigating climate change and improving air quality, but it is not the second largest cause of global warming.
Therefore, the given statement is false.
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Complete question is:
Soot is considered the second largest cause of global warming. True/ False
preventing liabilities is a business-related consequence of failed software. group startstrue or false true, selected false
Answers
False, preventing liabilities is a business-related consequence of failed software.
Describe business.A business is a group of people or an inventive entity that engages in industrial, commercial, or professional activities. Companies can be either for-profit businesses or nonprofit organizations. There are many different sorts of businesses, including corporations, partnerships, limited liability companies, and sole- proprietorships.
A business is a creative corporation or group that carries out professional operations. They may be commercial, industrial, or some other type. Businesses that are for-profit try their best to turn a profit, whereas nonprofit organizations work to advance charitable causes.
A business is defined as a trade or profession that involves purchasing and reselling goods and services with the intention of turning a profit. One excellent example of a business is farming. An example of commerce is the sale of a home.
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what do chapter competitions entail?
Answers
Answer:
Whoever reads the chapter of the book the fastest is crowned the chapter king. It can be very competitive, and the competitors have to be very good readers.
Answer:
In FBLA you pick a subject and you either take a test, do a presentation, do sales pitch, etc. With reading, you read a chapter from a book as fast as you can.
Explanation:
PLEASE HELP ME!! please, please,, please explain how you got it, thank you
Answers
Answer:
I think the second one.
1/10 cookies per pizza
You will write a draft of introductory email or communication to request a job shadowing experience or interview with a member of the community who works in a helping profession. The first paragraph should define the request for the job shadow experience/interview, including dates, times, and expectations of the job shadow experience. In the second paragraph, describe yourself including your career and personal goals and alignment to the job shadow experience, e.g., what you hope to learn. The third paragraph should close the request
Answers
Answer:
https://prehealth.wisc.edu/wp-content/uploads/2016/06/Sample-Shadowing-Request-E-mail.pdf
Explanation:
i made this link for you, its an essay
What does a management accountant need to do before he or she can take the exam to become a certified management accountant?
A. complete 60 hours of graduate coursework
B. Have two hours of professional experience
C. Complete 30 hours of graduate coursework
D. Have five years of professional experience
Answers
Answer:
Have Two Years of professional experience
Explanation:
looked it up
Thomas, the head of the marketing department in an organization, has structured his department in such a way that the roles and responsibilities of his workers are loosely defined. Moreover, he does not exert too much control over his workers and encourages two-way communication. His workers tend to be highly satisfied with their jobs when compared to those in the finance department, headed by John who exerts more control. From this scenario it can be inferred that Thomas has adopted a(n) _________ mechanism for coordinating. Group of answer choices
Answers
Group of answer choices.
a. bureaucratic
b. authoritative
c. centralized
d. behavioristic
Answer:
d. behavioristic.
Explanation:
A functional (departmental) organizational structure is a type of structure used to organize staffs by dividing them into various departments based on their skill set, roles or functions and knowledge.
These departments which are vertically structured may include, finance, IT, sales and marketing, research and development, customer service etc. Also, the various departments are headed by a functional manager who are saddled with the responsibility of overseeing, managing and reporting to the executive management.
A span of control can be defined as the number of people (employees or workers), functions, activities which are being directly controlled effectively and efficiently by a manager in an organization.
In this scenario, Thomas, the head of the marketing department in an organization, has structured his department in such a way that the roles and responsibilities of his workers are loosely defined. Moreover, he does not exert too much control over his workers and encourages two-way communication. His workers tend to be highly satisfied with their jobs when compared to those in the finance department, headed by John who exerts more control. From this scenario, it can be inferred that Thomas has adopted a behavioristic mechanism for coordinating because he doesn't exert too much control over his subordinates.
DUE TODAY PLEASE HELP T^T
After you complete your self-assessment, you should compare it with a description of your career choice.
False
True
Answers
Answer:
i think its true
Explanation:
Answer:
Probably True.
After you complete a self-assessment you should compare it with a description of your career choice. This could be helpful,
In ________ teams, there is an expectation of increased productivity and quality of work life because employees are delegated greater authority and granted increased autonomy.
Answers
In self managed teams, there is an expectation of increased productivity and quality of work life because employees are delegated greater authority and granted increased autonomy.
What is self managed team?Self-managed team includes group of people a that work together to render a service or to sell and produce a good.
They do not work under any manage or require managerial supervision.
Therefore, In self managed teams, there is an expectation of increased productivity and quality of work life because employees are delegated greater authority and granted increased autonomy.
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Consider a basket of consumer goods that costs $80 in the United States. The same basket of goods costs GHS 24 in Ghana. Holding constant the cost of the basket in each country, compute the real exchange rates that would result from the two nominal exchange rates in the following table. Cost of Basket in U.S. (Dollars) Cost of Basket in Ghana (Cedis) Nominal Exchange Rate (Cedis per dollar) Real Exchange Rate (Baskets of Ghanaian goods per basket of U.S. goods) 80 24 1.50 ____
80 24 0.75 ____
Answers
The real exchange rates that would result from the two nominal exchange rates are 16 and 32 baskets of Ghanaian goods per basket of U.S. goods, respectively.
To calculate the real exchange rate, we need to divide the nominal exchange rate by the ratio of the cost of the basket of goods in Ghana to the cost of the same basket of goods in the United States:
Real exchange rate = Nominal exchange rate / (Cost of basket in Ghana / Cost of basket in US)
For the first nominal exchange rate of 1.50 cedis per dollar, we have:
Real exchange rate = 1.50 / (24 / 80) = 16
This means that one basket of U.S. goods can be exchanged for 16 baskets of Ghanaian goods.
For the second nominal exchange rate of 0.75 cedis per dollar, we have:
Real exchange rate = 0.75 / (24 / 80) = 32
This means that one basket of U.S. goods can be exchanged for 32 baskets of Ghanaian goods.
In both cases, the real exchange rate shows how many baskets of Ghanaian goods can be purchased with one basket of U.S. goods, adjusted for the relative prices of the baskets of goods in each country.
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hoosier incorporated is an indiana corporation. it properly included, deducted, or excluded the following items on its federal tax return in the current year: item amount federal treatment illinois income taxes $ 33,473 deducted on federal return indiana income taxes $ 18,400 deducted on federal return ohio commercial activity tax $ 3,960 deducted on federal return depreciation $ 42,000 deducted on federal return illinois municipal bond interest $ 9,920 excluded from federal return indiana municipal bond interest $ 15,500 excluded from federal return federal t-note interest $ 2,460 included on federal return state depreciation expense was $52,000. hoosiers federal taxable income was $152,300. calculated hoosiers indiana state tax base. multiple choice
Answers
In the above case, the federal income would be $199,633
How does this occur?
An annual tax return you submit to the IRS on Form 1040, U.S. Individual Income Tax Return, is known as a federal tax return. It displays your income for the tax year as well as your tax payments. Its objective is to demonstrate that you fulfilled your duty to reimburse the US government.The main federal income tax form used by taxpayers to report their income to the IRS, claim tax deductions and credits, and determine their tax refund or tax liability for the year is called Form 1040, formerly known as the "U.S. Individual Income Tax Return."$150,300 + $33,333 (Illinois income taxes paid) + $18,500 (Indiana income taxes paid) − $10,000 (depreciation adjustment) + $10,000 (Illinois interest) − $2,500 (federal T-Note interest).
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