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Explain how each of the following three conditions could be a red flag for a register disbursement scheme.
1. Able, a cash register teller is authorized to approve sales ¬refunds and she is also authorized to make inventory ¬adjustments.
2. Baker is a cashier who, in the last week, processed 15 ¬refunds. No other cashier processed more than 5 over that same period. Each of the transactions was for between $13.50 and $14.99.
3. Over 70 percent of the refunds processed by Chase, a cash register clerk, were run on the same date as the original sale.
Brittle Corp. obtained the following information from the Raw Materials Inventory account and purchasing records for the third quarter of the current year.
Crockett Company uses a job costing system and had a beginning work in process inventory balance of $33,200. During the year, $57,000 of direct materials was placed into production.
Why do you think company uses accelerated depreciation methods for income tax purposes, rather than using straight-line method?
in what fundamental ways is activity based costing different from traditional costing methods such as job order
Management is often unwilling to implement an ideal system of internal controls because
the following adjusted trial balance contains the accounts and balances of cruz company as of december 31 2013 the end
Assume that the company declares and immediately distributes a 100%stock dividend. Find the retained earnings balance and the total stockholders equity? and also the shares outstanding.
Submit a tax file memorandum with proper citations of all sources: I want to see citations of the court case, a revenue procedure, and a specific section of the IRC.
tessmer manufacturing company produces inventory in a highly automated assembly plant in olathe ks. the automated
Write down an essay on legal issues surrounding Solyndra, the California based solar panel manufacturer.
Dunn Sporting Goods sells athletic clothing and footwear to retail customers. Dunn's accountant indicates that the firm's operating cycle averages six months. At December 31, 2011, Dunn has the following assets and liabilities.
jessica nekton received 150000 from her mothers estate. she placed the funds into the hands of a broker who purchased
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