Which of the following is a basic objective of surveillance, whether manual or electronic?

a. Identify victims of the fraud
b. Analyze how the money comes back in the form of assets
c. Understand the cover-up or concealment of fraud
d. Catch fraud at the theft act stage


d
FEEDBACK: a. Incorrect.
b. Incorrect.
c. Incorrect.
d. Correct.

Business

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Credit terms of n/30 mean that the net amount of the invoice, less any returns or allowances, is due within 30 days of the date of the invoice

a. True b. False Indicate whether the statement is true or false

Business

A company uses the following standard costs to produce a single unit of output.       Direct materials6 pounds at $0.90 per pound=$5.40 Direct labor0.5 hour at $12.00 per hour=$6.00 Manufacturing overhead0.5 hour at $4.80 per hour=$2.40 During the latest month, the company purchased and used 58,000 pounds of direct materials at a price of $1.00 per pound to produce 10,000 units of output. Direct labor costs for the month totaled $56,350 based on 4,900 direct labor hours worked. Variable manufacturing overhead costs incurred totaled $15,000 and fixed manufacturing overhead incurred was $10,400. Based on this information, the direct labor efficiency variance for the month was:

A. $1,200 unfavorable B. $2,450 unfavorable C. $3,650 favorable D. $1,200 favorable E. $2,450 favorable

Business

Collective bargaining agreements in Mexico reflect:

A. Worker concerns B. Government policies C. Employer demands D. Concerns of the general public

Business

The supplier management process consists of ______ tasks.

a. five b. eight c. seven d. nine

Business