Speculate on the step that is most vulnerable to fraud

Assignment Help Accounting Basics

Reference no: EM131587127

Discussion 1: "Accounts Receivable Management"

Please respond to the following:

Examine the five steps to managing accounts receivable. Speculate on the step that is most vulnerable to fraud. Suggest at least two actions that a company can take in order to protect this step from fraud.

Imagine that your company has tasked you with developing a plan for factoring accounts receivables. Create one scenario that demonstrates the key benefits and / or detriments to your company from factoring accounts receivable.

Discussion 2: "Plant Assets"

Please respond to the following:

Imagine that you are the Chief Financial Officer (CFO) of a startup airline company. The executive management team has tasked you with making a recommendation about whether the company should buy or lease airplanes. Analyze the major pros and cons for leasing and buying assets. Based on your analysis, provide a recommendation to the executive team.

Compare and contrast the three methods for depreciating plant assets. Recommend the method that maximizes profits for both a shorter period of time and a longer period of time.

Reference no: EM131587127

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