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Discussion Topic 1:
According to 2010 Report to the Nations, asset misappropriations accounted for about 86 percent of all internal frauds. Using Exhibit 7.1 on page 159, select an asset misappropriation scheme and discuss. Include the definition of the scheme and a summary of real world example of a company or individuals who used this scheme. Include the article or website of your example in your post.
Use these data to prepare (in thousands of dollars) a schedule of Cost of Goods Manufactured and a Schedule of Cost of Goods Sold for the year.
Explain what is involved in CRM. What type of tools do managers have to help them with CRM?
In April 2006, ABC Motors had Total Sales of $100,000; Total Expenses of $60,000 and a beginning balance of Retained Earnings of $25,000. The company will pay a $10,000 dividend this month (the dividend was declared this month as well). What is th..
a person wanted to withdraw x rupees and y paise from the bank. but cashier made a mistake and gave him y rupees and x
Think of a job you have held, and consider whether the control environment was risky or conservative. Describe which you chose and why
a. Estimate how much cash Conrail will have available to pay dividends or repurchase stocks over the next five years. b. How will the perceived uncertainty associated with these cash flows affect your decision on dividends and equity repurchases?
gary inherited a maine summer cabin on 10 acres from his grandmother. his grandparents originally purchased the
Rena Reynolds, one of your firm's workers, has just come into the payroll department and says to you: "I am thinking of amending my Form W-4 so that an additional $10 is withheld each week. That way I will get a fat refund next year."
On December 31, 2008, a physical count of office supplies revealed that there was $700 worth on hand. As a result of this information, the bookkeeper will have to
A manufacturing company incurs direct labor costs as it transforms direct material into marketable products. The cost of the direct labor will be treated as a period cost on the income statement when?
Discuss ideas for a new business in your community. Explain what is the new business will you provide and why your community is need of such a business.
The local art store sold all of the sculptures to local art collectors, at an average price of $1,000 each. For the 10 metal sculptures, what was the total value added by the artist, and what was the total value added by the local art store?
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