Which of the following payroll-related frauds can have a direct impact on the organization's insurance company?
a. ghost employees
b. falsified hours and salary
c. commission schemes
d. false workers' compensation claims
D
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[The following information applies to the questions displayed below.]Wall Nuts, Inc. produces paneling that requires two processes, A and B, to complete. Oak is the best-selling of all the many types of paneling produced. Information related to the 40,000 units of oak paneling produced annually is shown in the following table:Direct materials$380,000 Direct labor Department A (6,000 DLH × $25 per DLH)$150,000 Department B (35,125 DLH × $16 per DLH)$562,000 Machine Hours Department A 24,000MHDepartment B 32,000MH Wall Nuts' total expected overhead costs and related overhead data are shown below. Department ADepartment BDirect labor hours 67,000DLH 170,000DLHMachine hours 100,000MH 80,000MHManufacturing overhead costs$450,000 $600,000 Use the data for Wall Nuts,
Inc. to compute departmental overhead rates based on machine hours in Department A and machine hours in Department B. A. $7.50 per MH in Dept. A; $7.50 per MH in Dept. B. B. $4.50 per MH in Dept. A; $4.50 per MH in Dept. B. C. $2.70 per MH in Dept. A; $6.00 per MH in Dept. B. D. $4.50 per MH in Dept. A; $7.50 per MH in Dept. B. E. $0.60 per MH in Dept. A; $0.80 per MH in Dept. B.
Advanced planning systems for aggregate planning rely heavily on ________ to deliver their full potential
A) forecasting B) the supply chain C) constraints D) data accuracy
Day trading is considered to be a safe, conservative investment practice
Indicate whether this statement is true or false.
Appleby, Inc., manufactures and sells two products: Product Q9 and Product V8. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Expected Production Direct Labor-Hours Per Unit Total Direct Labor-HoursProduct Q9800 5.0 4,000 Product V81,000 3.0 3,000 Total direct labor-hours 7,000 The direct labor rate is $29.30 per DLH. The direct materials cost per unit is $174.80 for Product Q9 and $168.90 for Product V8.The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity:Activity Cost PoolsActivity MeasuresEstimated Overhead CostExpected Activity???Product Q9Product
V8TotalLabor-relatedDLHs$214,480 4,0003,0007,000Production ordersorders 41,065 300200500Order sizeMHs 192,700 4,2004,0008,200 $448,245 ?The overhead applied to each unit of Product V8 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.) A. $94.00 per unit B. $202.35 per unit C. $249.03 per unit D. $192.12 per unit