Answer:
True
Explanation:
Fraud risk can be regarded as the
possibility of a firm been a prey of any fraudulent activity, it could be altering of financial records or extortion even stealing from the company, fraud can bring down a grown organization if not tackled. It should be noted that The presence of fraud risk factors increases the likelihood of fraud and may suggest that fraud is being perpetrated.
Answer:
The correct answer is letter "C": Increased inventory with decreased payables.
Explanation:
If in a general ledger there is more inventory but fewer account payables it is a clear indication that there has been a mistake recording the operations of a company or there are activities in the company that might be the result of fraud. Accounts payable represent obligations of the company to a third party because of short-term debt incurred. If there is more inventory, the logical is to have more accounts payable recorded.
Answer:
b. An individual demand for an item will decrease causing a downward slope.
Explanation:
The law of demand states that when other factors are held constant, the price and demand have inverse relationship, which means that as one increases, the other one decreases. So in the case of the of your problem, as the price of an item increases, the demand will decrease (the opposite would be true as well).
So when you put it in a graph, the demand curve would be sloping downwards.
Answer:
The correct answer is letter "A": principal-agent problem.
Explanation:
The principal-agent problem arises when a principal employs an agent to perform duties that conflict with the agent's best interests. The problem typically occurs when the principal provides the agent with incentives that act in the principal's interest but is for the agent a conflictive agenda. In the managerial world, the principal-agent problem usually occurs between stockholders and the CEO (Chief Executive Officer).
Answer:
Sell
Explanation:
The computation is shown below:
In case of proceed further $175,000 (7,000 units × $25)
Less: In case of sold $56,000 (7,000 units × $8)
Revenue increment $119,000
Less: Cost of processing further -$125,000
Incremental net loss -$6,000
As we can see that there is an incremental loss of $6,000 which reflects to sell off the product not proceed further plus
