How would you respond to the reporters observation

Assignment Help Accounting Basics
Reference no: EM13887333

You are asked to be interviewed by a student newspaper regarding the nature of accounting fraud. The reporter says, "As I understand it, asset misappropriations are more likely to be found in small organizations, but not in larger organizations. On the other hand, fraudulent financial reporting is more likely to be found in larger organizations." How would you respond to the reporter's observation?

Reference no: EM13887333

Questions Cloud

Tennis related questions : Tennis related questions
How did management perpetrate the fraud : How did management perpetrate the fraud? What was management's incentive to perpetrate the fraud? Is this fraud primarily a case of asset misappropriation or fraud- ulent financial reporting?
Why he should forgo the home office deduction : He has instructed his accountant to take the most aggressive position possible with respect to these transactions. Mr. JR also wants to take a home office deduction for one of his business activities. The deduction would be only $1,293. Can you sugge..
Total revenue according to your recommended price : For most products, higher prices result in a decreased demand, whereas lower prices result in an increased demand (economists refer to such products as normal goods).
How would you respond to the reporters observation : On the other hand, fraudulent financial reporting is more likely to be found in larger organizations." How would you respond to the reporter's observation?
Determine its fracture toughness : The data below were taken on a test material to determine its fracture toughness. The specimens were 25 mm thick.
What is the number of the form to request a photocopy : Locate information on the procedure by which an individual taxpayer can request a photocopy of a prior year federal income tax return. What is the number of the form to request a photocopy? Does the IRS charge a fee for this service?
What regulations cover hhw? : What regulations cover HHW?
Complete research on the web about reflective writing : Question 1 Complete research on the web about reflective writing: do a Google search. Finally, using appropriate APA in-text citations and signal phrases to refer to the two sources, found on the web, and write your own definition of reflective writi..

Reviews

Write a Review

Accounting Basics Questions & Answers

  What aspect of the sarbanes oxley act might reduce

What aspect(s) of the Sarbanes Oxley Act might reduce opportunities for fraud?

  Wright corporation began its operations on september 1 of

wright corporation began its operations on september 1 of the current year. budgeted sales for the first three months

  What are some examples of nontaxable fringe benefits

What are some examples of nontaxable fringe benefits? Please be mindful of substantiveness of the content

  Prepare t accounts for the accounts listed in part 1 post

john smith established johns antique appraisals company and completed the following transactions during july the first

  What is the amount of ending inventory

If net sales are $ 300,000, cost of goods available for sale is $ 280,000, and gross profit percentage is 35%, what is the amount of ending inventory?

  Which department should be leased and why

Having a problem with an accounting question: J.P. Max is a department store carrying a large and varied stock of merchandise. Management is considering leasing part of its floor space for $72 per square foot per year to an outside jewelry company..

  Your company is considering a replacement of an old

your company is considering a replacement of an old delivery van with a new one that is more efficient. the old van

  Consider an industry facing fundamental technology change

consider an industry facing fundamental technology change e.g. fixed-point telecommunications and internet protocols

  Estimate the variable and fixed cost elements

Using the high-low method, estimate the variable and fixed cost elements of the annual cost of truck operation.

  In peachtree there are 2 accounts - 20000 accounts payable

in peachtree there are 2 accounts - 20000 accounts payable and 23000 accrued expenses. what are the differences between

  Prepare a report showing the total cost of each job

Applied overhead at month-end to the Goods in Process (Jobs 137 and 140) using the predetermined overhead rate of 200% of direct labor cost.

  Even though you could treat every single item above

chateau sneuti is a family owned winery in the bordeau region of france. harvesting season in early fall is the busy

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd