What is the measure that can decrease the potential of fraud

Assignment Help Financial Accounting
Reference no: EM132722363

Problem 1: What is the measure that can decrease the potential of fraud?

A. Make fraud most likely to occur.

B. Reduce the difficulty of committing fraud.

C. Improve detection methods.

D. Increase fraud losses.

Problem 2: Generalized Audit Software (GAS), have been written especially for:

A. Auditor

B. Analyst

C. Accountant

D. All of the above

Problem 3: What is the logical view?

A. It is data integration and data sharing.

B. It is conceptually similar to a ledger in a manual system.

C. It is the program that manages and controls access to the database.

D. It is how the user or programmer conceptually organizes and understands the data.

Problem 4: The __________ involves activities converting raw materials and labor into finished goods.

A. Revenue cycle

B. Financing cycle

C. Production cycle

D. Human resources/payroll cycle

Reference no: EM132722363

Questions Cloud

Financial data for rembrandt paint co : Assume the following financial data for Rembrandt Paint Co. and Picasso Art Supplies:
What amount should Angelina Tagay report : A P32,000 annual insurance premium payment made July 1, 2019. In its Dec. 31, 2019 balance sheet, what amount should Angelina Tagay report as prepaid expenses
Explain what is a common way to hide a theft : What basic requirements are needed to evaluate the costs and benefits of new IT developments? What is a common way to hide a theft?
Prepare an income statement using absorption costing : The factory produced 90,000 units during the period, and 78,750 units were sold for $787,500. Prepare an income statement using absorption costing
What is the measure that can decrease the potential of fraud : What is the measure that can decrease the potential of fraud? Which Generalized Audit Software (GAS), have been written especially for
Which type of errors and fraud should be considered : Which type of errors and fraud should be considered? When performing an IS audit, auditors should ascertain that the following objectives are met?
Examine the financial impact of the aca : Differentiate between at least three groups of stakeholders impacted by the ACA. Examine the financial impact of the ACA on each group of stakeholders.
Evaluating the north facility expects : Manufacturing is in the process of analyzing its investment? decision-making procedures. Two projects evaluated by the firm recently involved building
Compute the total recovery of loss profits to be recognized : The insurance company paid the policy proceeds. Compute the total recovery of loss profits to be recognized by Guilbert as income

Reviews

Write a Review

Financial Accounting Questions & Answers

  Auditing the information contained in the pension footnote

An auditor's purpose in auditing the information contained in the pension footnote most likely is to obtain evidence concerning management's assertion about

  What must the coupon rate be on the bonds

At this price, the bonds yield 5.9 percent. What must the coupon rate be on the bonds?

  Shareholders equity

Horton Industries’ shareholders’ equity included 170 million shares of $1 par common stock and a balance in paid-in capital—excess of par of $1,530 million. Assuming that Horton retires shares it reacquires (restores their status to that of authorize..

  Balance in the capital in excess of par account

the shared outstanding and the balance in the Capital in Excess of par account

  Determine the amount of the fy 2018 cost of goods sold

Frederick Company's January 1, 2018 finished goods inventory was $97,000. The January 1, 2019 finished goods inventory is $90,000.

  How much x and y should the consumer purchase

he consumer has $32 to spend, and the price of X, PX = 4, and the price of Y, PY = 1. How much X and Y should the consumer purchase in order to maximize her utility and How much total utility does the consumer receive?

  Compute the net present value of proposal

Compute the net present value of this proposal. On the merits of your net present value computation, should Cavalier Skilled Nursing Homes invest in this project? Explain your answer.

  What is the role of compensation committee

What is the role of compensation committee? How do incentives (pay for performance) motive managers to act in the interest of shareholders?

  What was the original cost of the car

After making a down payment of $6000, What was the original cost of the car? What portion of Murphy's total car payments went toward interest charges?

  Multiple choice question based on cost accounting1 period

multiple choice question based on cost accounting.1. period costs for a manufacturing company would flow directly

  Compute the accounts receivable as of that date

From past experience, the company has learned that 20% of a month's sales are collected in the month of sale, another 70% are collected in the month following sale, and the remaining 10% are collected in the second following sale. Bad debts are..

  What are the components of the proceeds that are assumed

If executive stock options or restricted stock are outstanding when calculating diluted EPS, what are the components of the "proceeds" that are assumed to be available for the repurchase of shares under the treasury stock method?

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