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From the case study, contrast the responsibilities of the independent auditor and board of directors with the responsibilities of Koss management for the embezzlement. Indicate the party that was ultimately responsible for the embezzlement. Provide support for your rationale. •Recommend two controls that you would establish at Koss Corporation over electronic fund transfers. Indicate how each of the recommended controls would minimize the exposure to fraud in the future. Provide support for your recommendations
the pacific manufacturing company operates a job order costing system and applies overhead cost to the jobs on the
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For the month of April, actual direct labor hours amounted to 2,000. In April, Thorp's standard direct labor rate per hour was:
Spectre Chemicals produces Zaloff in a two department process. Information on the two departments for March and April, 2011 are as follows
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Managers need to know enough about accounting concepts and their applications, that they can understand and interpret financial data and make the best decisions possible.
lupinski distributors has 1000000 shares of common stock outstanding. on january 11 of the current year lupinski
in many cases managers end up in trouble as they direct their focus exclusively on cost savings. cost cutting is always
norman industries uses the percentage of completion method of accounting for construction contracts. in 2011 norman
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