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Question: Identify which control activity is violated in each of the following situations, and explain how the situation creates an opportunity for fraud or inappropriate accounting practices.
1. Once a month, the sales department sends sales invoices to the accounting department to be recorded.
2. Steve Nicoles orders merchandise for Binn Company; he also receives merchandise and authorizes payment for merchandise.
3. Several clerks at Draper's Groceries use the same cash register drawer.
What are some factors that would influence your decision to suggest a VLAN? What types of things would the client need to describe to you?
Classify the following as quantitative or qualitative variables - Height, Ethnicity, Number of passengers on a bus.
Although there is relatively little difference in the cost of producing hardcover and paperback books, these books sell for very different prices. Explain this pricing behaviour.
what are the uses of money? how do commercial banks and federal reserve banks create money? is monetary policy
Explain either the theory of Rational Ignorance or the Median Voter Theorem. Explain the theory of Rational Ignorance.
What advice would you give to Alba and Gavigan to help them make more profit in the long term - What price would you bid if you must win the project?
Calculate the total social marginal benefit function and what is the socially efficient number of computer movie files?
Suppose that the government increases taxes and government purchases by equal amounts. What happens to the interest rate and investment in response to this balanced-budget change. Does your answer depend on the marginal propensity to consume.
What is the connection between theory and practice? What is the essential difference between the concepts of education and learning?
Edward the entrepreneur takes 2 hours to cut a lawn, and he cuts 1,000 lawns per year. He uses solar-powered equipment (truck and mover) that will last forever
Should the firm shutdown immediately when the total fixed cost equals $1,000,000? Should the firm shut down immediately when the total fixed cost equals $3,000,000?
majuli the island country produces only lobsters and crabs. the following table gives the prices and quantities in
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