The four principal types of fraud include all of the following except

a. bribery
b. gratuities
c. conflict of interest
d. economic extortion


B

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Erika (age 62) was hospitalized with injuries from an auto accident this year. She incurred the following expenses from the accident:  Hospital charges$3,280Prescription medicine510Doctors' fees1,240In addition, Erika's auto was completely destroyed in the accident. She bought the car several years ago for $18,000 and it was worth $4,700 at the time of the accident. What are Erika's itemized deductions this year if she was uninsured and her AGI is $40,000?

What will be an ideal response?

Business

The prepaid insurance account had a beginning balance of $6,600 and was debited for $2,300 for premiums paid during the year. Journalize the adjusting entry required at the end of the year, assuming the amount of unexpired insurance related to future periods is $4,100

Business

Which of the following is inappropriate office behavior?

A) Smoking in designated areas. B) Taking your turn to make coffee. C) Making sure the copy machine has paper for the next person. D) Eating your lunch while talking with someone over the phone.

Business

Ridgetop Bank creates a paper reproduction of customer Sophie's check with the statement "This is a legal copy of your check. You can use it in the same way you would use the original check." This is A) acertified check

B) acashier's check. C) asubstitute check. D) avoid check.

Business