Employees, vendors, and customers of organizations have three opportunities to steal assets. Which of the following is NOT one among them?
a. Steal receipts of cash and other assets as they are coming into an organization.
b. Steal cash, inventory, and other assets that are on hand.
c. Commit disbursement fraud by having the organization pay for something it shouldn't pay for or pay too much for something it purchases.
d. Paying off public officials or company insiders for preferential treatment.
d
FEEDBACK: a. Incorrect.
b. Incorrect.
c. Incorrect.
d. Correct.
You might also like to view...
Which of the following is true of the right of a widow on a life estate?
A. The widow gets a one-third interest in fee simple in the real and personal property owned by her husband at the time of his death. B. The widow has the right to a life estate in half of the lands owned by her husband during their marriage. C. The widow has the right to a life estate in two-thirds of the lands owned by her husband at the time of his death. D. The widow gets a one-third interest in fee simple, only in the real property owned by the testator during their marriage.
The financial perspective of the balanced scorecard addresses the things that an organization needs to do well to meet customer needs and expectations
Indicate whether the statement is true or false
Greg wants to encourage his boss to consider a new process for evaluating employee performance. What type of report will he most likely prepare?
A) Yardstick report B) Progress report C) Justification/recommendation report D) Investigative report
Lush Lawns Corporation earned $1,000 for lawn mowing services rendered. The customer promised to pay at a later time. Which of the following accounts increased as a result of this transaction?
A) Accounts Payable B) Supplies C) Cash D) Accounts Receivable