Carrie, the finance manager of an insurance company, suspects some of the sales representatives of submitting their travel expenses receipts twice. Which of the following would help her spot such fraudulent submissions?
A) electronic data interchange
B) exception reports
C) noncompliance reports
D) compliance reports
B
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In the CAMELS rating system, which is used to assess the health of the banks, the letter A stands for
A. accounting practices. B. auditing procedures. C. analysis of risk. D. asset quality.
Suppose an investor purchased 100 shares of JDSU stock at a price of $50 per share on December 31, 2011. On December 31, 2012, JDSU paid dividends of $1.50 per share, and the investor received the dividends, then sold the stock at a price of $65 per share. a.If there were no taxes or inflation, what was the total return? b.If there were no taxes, but inflation was 3.5 percent, what was the real return? c.If the tax rate was 15 percent on dividends and capital gains, what was the after-tax real return?
What will be an ideal response?
All of the following payroll taxes are levied against the employer except
A) FICA taxes. B) federal unemployment taxes. C) state unemployment taxes. D) federal income taxes withheld.
In a multi-product environment:
A) cost-volume-profit analysis is not advisable to use. B) only the product with the highest contribution margin should be sold. C) the product with the highest sales prices per unit should account for the majority of the sales. D) a weighted-average contribution margin per unit should be computed for all products produced and sold.