Computer searches and physical asset counts usually focus on the ________ element of the fraud triangle
a. theft
b. concealment
c. conversion
d. inquiry
b
FEEDBACK: a. Incorrect.
b. Correct. They usually focus on concealment.
c. Incorrect.
d. Incorrect.
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Rubendall Corporation's total current assets are $310,000, its noncurrent assets are $630,000, its total current liabilities are $250,000, its long-term liabilities are $300,000, and its stockholders' equity is $390,000.Required:Compute the company's current ratio. Show your work!
What will be an ideal response?
Which of the following should be the first step in distribution planning?
A) identifying the channel leader B) determining a distribution budget C) developing distribution objectives D) evaluating the internal and external environments E) determining the desired level of distribution intensity
A company purchased mining property for $4,875,000 containing an estimated 15,000,000 tons of ore. In Year 1, it mined 689,000 tons of ore and in Year 2, it mined 935,000 tons. Calculate the depletion expense for Year 1 and Year 2 and determine the book value of the property at the end of Year 2.$4,875,000/15,000,000 tons = $0.325 per tonYear 1: 689,000 tons * $0.325 per ton = $223,925Year 2: 935,000 tons * $0.325 per ton = $303,875
What will be an ideal response?
Activities that must occur immediately before a given activity are called ________ activities.
Fill in the blank(s) with the appropriate word(s).