When organizations are improperly structured, the potential for fraud exists.
Answer the following statement true (T) or false (F)
True
You might also like to view...
Use the five transactions for Hennigan Company described below to answer the question(s) that follow(s). Dec 1 Hennigan purchases two new saws on credit at $375 each. The saws are added to Hennigan's rental inventory. Payment is due in 30 days. 8 Hennigan accepts advance deposits for tool Company of $75. 15 Hennigan receives a bill from Farmer's Electric Company for $150 . Payment is due in 30
days. 20 Customers are charged $750 by Hennigan for tool Company. Payment is due from the customers in 30 days. 31 Hennigan receives $500 in payments from the customers that were billed for Company on December 20. Refer to the transactions for Hennigan Rentals. Based on the October 15 transaction, Hennigan will record which of the following in its accounting records? a. a credit in Accounts Payable for $150. b. a credit in Accounts Receivable for $150. c. a debit in Accounts Payable for $150. d. a debit in Accounts Receivable for $150.
Appropriateness of evidence is a measure of which of the following?
a. Quantity of evidence. b. Quality of evidence. c. Sufficiency of evidence. d. Meaning of evidence.
Data in a data warehouse are in a stable state. Explain how this can hamper data mining analysis? What can an organization do to alleviate this problem?
____ support is an effective way to manage customer expectations, as the service desk can charge a higher rate for premium or value-added services.
A. Tier-based B. Incremental C. Level-based D. Fee-based