Distinguish between skimming and cash larceny. Give an example of each
Skimming involves stealing cash from an organization before it is recorded on the organization's books and records. One example of skimming is an employee who accepts payment from a customer but does not record the sale. Another example is mail room fraud in which an employee opening the mail steals a customer's check and destroys the associated remittance advice.
Cash larceny involves schemes in which cash receipts are stolen from an organization after they have been recorded in the organization's books and records. An example of this is lapping, in which the cash receipts clerk first steals and cashes a check from Customer A. To conceal the accounting imbalance caused by the loss of the asset, Customer A's account is not credited. Later (the next billing period), the employee uses a check received from Customer B and applies it to Customer A's account. Funds received in the next period from Customer C are then applied to the account of Customer B, and so on.
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Sustainable marketing calls for meeting the present needs of consumers and businesses while also preserving or enhancing the ability of future generations to meet their needs
Indicate whether the statement is true or false
Homemade Soup Co has advertised their soup in certain magazines using photographs showing bowls of their soup with pebbles at the bottom of the bowl. The pebbles were used to displace the soup in the bowl, forcing the vegetables and meat to the surface
This photographer's trick made the soup appear heartier than it was. An FTC staffer is thumbing through the latest edition of her favorite magazine. She notices the Homemade Soup Co ad and goes to her kitchen, opens up a bowl of Homemade's soup and decides that her bowl of soup looks nothing like the one in the ad. What are the steps the FTC would take to proceed against Homemade Soup Co?
Johann, a well-known musician, agrees to give ten guitar lessons to Elton for $2,000. Nothing in the contract itself prohibits a delegation. If Johann delegates his obligation to Eugene, a second-year musical student and enthusiastic guitar player, then the delegation will probably be
A. permitted because contracts may be freely delegated. B. permitted because the contract is just for music lessons. C. prohibited because the contract is for service from a specific person. D. prohibited by the UCC because this is a sale of services.
What is the value of the coefficient of determination?
A) 0.637 B) 0.575 C) 0.601 D) 0.664