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The United States General Accounting Office (GAO), Office of Special Investigations was charged with investigating a potential purchase fraud case. The man who committed the alleged fraud was a former civilian employee of the Air Force, Mark J. Krenik.Required:Describe internal controls that should be in place at the Air Force to help prevent such fraud.
Is it necessary for a business to use the same method of computing depreciation (a) for all classes of depreciable assets, (b) in the financial statements and in determining income taxes? Explain your answer.
you must evaluate a proposed spectrometer for the rampd department. the base price is 240000 and it would cost another
You are the manager of an accounting department and would like to hire another managerial accountant to focus on internal accounting. The chief executive officer (CEO) is not convinced that a managing accountant position is needed. Prepare a 2-pag..
can you help me to answer these question? ltbrgtmy due date is on 1492014 so can you answer it quickly for me pls?
perhaps your most important post- graduation objective to get a job. describe some control activities that you would
A transportation company is paid in the month of May for delivering a truckload of goods, although it actually delivers it in June. What effect will there be on the financial statements if the correct adjusting entry is not made?
Ford Software began with cash of $10,000. Ford then bought supplies $2600 on account. Ford paid $4600 for a computer. How much assets does he have? How much in liabilities does Ford owe?
general matters outstanding bond issue has a coupon rate of 8.4 and it sells at a yield to maturity of 7.50. the firm
the cost accountant for blue pharmaceuticals has informed you that the companys materials quantity variance for the
1.a company has 8200 in net sales 1100 in gross profit 2500 in ending inventory and 2000 in beginning inventory. the
On the Milan bourse, Fiat stock closed at EUR14.67 per share on Tuesday, February 26, 2008. Fiat trades as and ADR on the NYSE. One underlying Fiat share equals one ADR. On February 26, the $/EUR spot exchange rate was $1.4889/EUR1.00.
1 givenchy company sells 100000 wrenches for 12.00 per unit. fixed costs are 350000 and net income is 250000. what
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