You are an internal auditor for Trek Sdn Bhd (Trek), a local, nonpublic company involved in the manufacturing of trek bikes. During the current year under audit, you verified the cost of fixtures installed in Trek by examining purchase orders, invoices and other documents. The verification brings to light an understated invoice received earlier during the year in which a clerical error by the overseas supplier, Western Showcase, Inc., caused the total of the invoice to read USD28,893.62 when it should have read USD82,893.62. The invoice was paid immediately upon receipt without any notice of the error, and subsequent statements and correspondences from Western Showcase, Inc. showed the account with Trek had been paid in full. Required: a) What would you do (if any) in this situation? Explain your answer. (5 marks) b) If Western Showcase's external auditors failed to detect the misstated invoice during their present interim audit, assuming that the management of Trek Sdn Bhd is highly unethical, will Trek Sdn Bhd be able to escape paying for the under-billing if this invoice is later on discovered by their external auditors? Explain your answer. (Ignore materiality). (6marks) c) Assuming that you decided not to do anything in (a) above, if, later during the year, you resigned from Trek Sdn Bhd and migrated to the United States and joined Western Showcase, Inc., would you utilize the information gained while working for Trek Sdn Bhd to initiate a reopening of the case with Trek Sdn Bhd? Explain your answer. (4 mark You received an anonymous complaint through the whistleblowing system in place at your company. The complaint was regarding some fraudulent activities supposedly undertaken by the management team. Upon further investigations, you found that the management was indeed scheming off some amount from the company. You are aware that such issue, if brought to the public's attention, would have a negative implication on the company. However, as an internal auditor, you know that you cannot just sit still and do nothing. Based on the recommendation of the Institute of Internal Auditors, explain how you should handle these kinds of misconducts that could have negative implications on the company.

The two scoops that the Professor told you to take from the bag are a sample. The rest of the bag of chips are the population.

The population is considered the entire group of variables that share a certain characteristic and are being measured. The entire bag of chips is therefore the population.

A sample on the other hand, is a smaller number of variables that is drawn from a population. The scoops were drawn from the bag (population) and so are the sample.

In conclusion, option A is correct.

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Answer:1. Calculation of the Variable Cost per Kilometer: Based on the high-low method; Using the formula: Variable cost per kilometer = Δ Cost / Δ Output Variable cost per kilometer = [($ 0.181 - $ 0.145) / (90,000 km - 135,000 km)] = $ 0.0036 per km Fixed Cost = Total Cost - Variable Cost per Kilometer × Total.

Output Fixed Cost = [($ 0.145 per km) × (135,000 km)] - $ 0.0036 per km × (135,000 km) = $ 16,2002. Variable Cost = $ 0.0036X Fixed Cost = $ 16,200Therefore,Y = $ 16,200 + ($ 0.0036 X)3. Total operating cost = Fixed cost + (Variable cost per kilometer × Total kilometers)Total operating cost = $ 16,200 + ($ 0.0036 per km × 112,000 km)

Total operating cost = $ 16,200 + $ 403.20Total operating cost = $ 16,603.20Hence, the answer is:Variable cost per kilometer = $0.0036 per km, Fixed Cost = $ 16,200, Variable cost per kilometer and fixed cost expressed in Y=a+bX form are: Y = $ 16,200 + ($ 0.0036 X) and Total operating cost for 112,000 km is $16,603.20.

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Answer:

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Answer:

Six areas of interest are: building,thinking,creating,holding, persuading and organizing.

Explanation:

The person who used a cost-saving strategy when deciding how to spend their money is the Fabian who negociated with the seller to buy a used dirt bike to get a better deal.

The strategy in which we analysis the basic requirements which are necessary and on which minimum cost can be made in a business

The bikes which are generally used in dirts to have races or to have friction with the roads with dirts.

Hence, option D is the correct answer

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PTA of $2,312,500,000, fixed price plus incentive fee, and The development of the official procurement management strategy is part of the first phase, planning.

To request proposals from potential sellers, procurement documents are employed. Examples of procurement documents include requests for proposals and invitations to bid.

Written procurement management plans, which are a part of your project management plan, are the process' main deliverable. RFP forms could be one of the extra results. criteria for choosing a vendor. In contrast to temporary voltage drops, the reduction lasts for minutes or hours (or dip).

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Answer:

The amount you pay each month is set by the terms of your mortgage.

Explanation:

connexus

Answer:

be positive i guess. like always see the good side in things.

Explanation:

Answer:

The rule of positive self talk is simple. Don't say anything to yourself that you wouldn't say to anyone else. Be gentle and encouraging with yourself. If a negative thought enters your mind, evaluate it rationally and respond with affirmations of what is good about you.

Explanation:

100 in edge2020

A flexible schedule permits an employee to work hours that deviate from the typical start and stop times of the organization.

Flexible employment is no longer limited to gig workers or freelancers; many "conventional" firms are also providing flexible schedules to their employees.

Flexible schedules help employees, and wise companies understand that giving flexible schedules benefits them as well. From being a green company to having a competitive advantage in recruitment and boosting diversity, the advantages of flexible work for businesses can help your organization stay ahead of the competition.

Thus, The statement is False.

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Answer:

Find my detailed explanations and computations below

Explanation:

In essence, based on the unpaid balance of $6982.25 with a monthly interest rate of 1.55%, the finance charge on the unpaid balance can be determined as the unpaid balance multiplied by the monthly interest rate as shown

The finance charge for the month=unpaid balance*monthly interest

The finance charge for the month=$6982.25*1.55%

The finance charge for the month=$108.22

The balance owed altogether is the unpaid balance plus the finance charge on the unpaid balance

Total  balance unpaid=$6982.25+$108.22

Total balance unpaid=$7,090.47

Income must equal expenditure because for an economy because :

Aggregate income is a form of GDP whereby income is equal to Consumption expenditure including net profits. It refers to the value of all income that suppliers of production factors receives over a specified period.

In an economy, income must equal expenditure because for every transaction, there must be a buyer and a seller. This is because every economy must have this cycle so that there will be balanced receipts and payment.

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Answer:

Price Gouging!

Explanation:

Price gouging occurs when a seller increases the prices of goods, services or commodities to a level much higher than is considered reasonable or fair. Usually, this event occurs after a demand or supply shock. Common examples include price increases of basic necessities after natural disasters.

When the supermarkets increased prices greatly at such a juncture, this is known as Price gouging.

Price gorging:

The supermarkets is engaging in price gorging by increasing the prices so greatly due to the impending storm. Authorities can come against these supermarkets for this.

In conclusion, the supermarkets are engaging in price gorging.

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Answer:

d is you answer

Explanation:

Answer:

D. When a desirable product or service is scarce, its value increases.

Explanation:

Because more people want a product that there is less of, meaning they will raise the price.

Answer: No

Explanation: Because Twitter is a social media and much of the information from it is from actual news sources that are linked or just paraphrased. News tweets you'll see from Twitter and other platforms like Reddit are always from a different source and the people who use these social medias are not always reputable enough for news to actually come from them.

The scenario described above illustrates a power struggle between the executive and legislative branches of the government. President David Rose's refusal to spend the money that Congress appropriated for the Environmental Protection Agency (EPA) is an example of executive overreach, as it undermines the constitutional authority of the legislative branch to control the purse strings.

Congress, in response, has rejected the offer of funds, which is a clear indication of their dissatisfaction with the president's actions. This scenario is not uncommon in politics, as it is often the case that the two branches of government disagree on how to allocate resources.

In such situations, the constitution provides for a system of checks and balances that ensures no branch of government becomes too powerful. In this case, Congress is exercising its power of the purse, which is a critical tool for maintaining a balance of power between the executive and legislative branches.

Ultimately, this scenario underscores the importance of respecting the constitutional authority of each branch of government and the need for cooperation and compromise to ensure the effective functioning of the government.

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Answer:

The primary cost associated with the level production strategy is the cost of

A.holding inventory.

Yellow Corp.'s issuance of 10 bonds will immediately decrease its:

A) Debt-to-equity ratio.

When Yellow Corp. issues bonds, it increases its debt level, resulting in a higher total debt. Since equity remains unchanged, the issuance of bonds reduces the proportion of equity relative to debt, leading to a decrease in the debt-to-equity ratio. The debt-to-equity ratio is a financial metric that indicates the proportion of a company's financing that comes from debt compared to equity. A higher debt-to-equity ratio suggests a higher level of financial leverage and indicates that a larger portion of the company's assets is financed through debt.

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Answer:

Hotel managers are responsible for managing employees and for planning, marketing , coordinating and administering hotel services such as catering and accommodation facilities.

Answer:

hotel manager is the one who oversees all respects of running hotel housekeeping general maintain to the budget

George Whistleblowing Decision Criteria. Permissive Whistle Blowing per De George criteria  The harm that will be done by the product [or company action] to the public is serious and considerable.

In order to organize a compare and contrast essay, there are two main methods. Organize the topics themselves, starting with the first. Organize your discussion into distinct points, then talk about each topic in connection to each point.

Risk, cost, benefit, and practicability are examples of comparison criteria that are defined in R18-16-407(H) (3). The meaning of "community involvement area" is the same as that given in A.R.S. 49-281. (3). comparison standards entail.

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A boosted post helps an adviser to connect with the audience and gain trust.

Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.

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Answer:

Bank A/c. Dr. 28000

Discount allowed A/c. Dr. 500

To Urmila A/c. 28500

The following sections does not recapture or recharacterize a taxpayer's gain: None of these. The correct answer is E.

What is taxpayer's gain?

The term "taxpayer's gain" typically refers to a situation where a taxpayer realizes a financial benefit as a result of a tax-related transaction or event. It can occur in various scenarios, such as when a taxpayer receives a tax refund, takes advantage of tax deductions or credits, or benefits from favorable tax treatment.

Sections 1239, 1244, 1245, and 291 of the Internal Revenue Code (IRC) all involve provisions that recapture or recharacterize a taxpayer's gain in certain situations. However, none of these sections specifically exclude or exempt a taxpayer's gain from recapture or recharacterization.

Section 1239 deals with certain sales or exchanges between related parties involving depreciable property. It applies when there is a gain on the sale or exchange, and it generally treats the gain as ordinary income rather than capital gain.

Section 1244 allows individuals to treat losses from the sale or exchange of small business stock as ordinary losses rather than capital losses. This provision is designed to provide tax relief for investors in small businesses.

Section 1245 relates to the recapture of depreciation deductions taken on tangible personal property, such as equipment or machinery. When the property is sold or disposed of, any gain attributable to the depreciation deductions is treated as ordinary income.

Section 291 pertains to the recapture of certain preferences previously claimed under the Alternative Minimum Tax (AMT). It recaptures a portion of the tax benefits previously obtained under the AMT when certain assets are sold or disposed of. The correct answer is E.

Therefore, none of these sections exclude or exempt a taxpayer's gain from recapture or recharacterization.

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Complete question:

Which of the following section does not recapture or recharacterize a taxpayer's gain? A. Sec. 1239 B. Section 1244 C. Sec. 1245 D. Sec. 291 E. None of these

Because we do not have the clip, I'll just provide definitions to each answer.

competing: striving against one another to gain or win something.

collaborating: work jointly on an activity, especially to produce or create something.

compromising: settle a dispute by mutual concession.

accommodating: fit in with the wishes or needs of.

avoiding: keep away from or stop oneself from doing (something).

Answer: the difference between needs and wants is very simple. Needs are what we need to live, the basic requirements, and wants is everything else we might like to have, but we don’t need tosurvive. The wants depend on the needs of humans themselves.When companies like coffee store, utility company, local power company, humanitarian agencies, even doctors develop their marketing strategies they are focus in discover the needs and wants of consumers or clients, who are prospective buyers and consumer of goods or services. A need occurs when a person feels deprived of basic necessities such as local power company or go to the doctor for example. A want is a need that is shaped by a person’s knowledge, can be drink a cup of coffee or pay for a phone service. Every organization is focuson satisfy the needs or wants of a specific group or target market, developing a unique marketing program to reach each one of them

Explanation:

For the first question, the overhead rates using activity-based costing are $0.18 per machine hour for the cutting cost pool and $0.39 per setup for the design cost pool. For the second question, the overhead allocated to the wool product line would be $180,000 and the overhead allocated to the cotton product line would be $385,000. For the third question, the overhead rate using the traditional approach is $2.11 per direct labor hour. For the fourth question, the amount of overhead allocated to the wool product line would be $225,500 and the overhead allocated to the cotton product line would be $719,500.

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In matching funds, as Maisie is discussing, her company makes a contribution to her retirement account that is equal to the one she makes.

funding matches. a confirmed cash contribution or financial commitments from approved sources, free of any conflicts of interest, that are used for approved project purposes during the grant financing period.

The non-federal portion of the total project expenditures that a grantee must contribute in order to fulfill the objectives of the award is known as a match for a federal grant. The program RFP should be consulted because the needed match percentage, sources of match, and other conditions differ from program to program.

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Security is said to be a key issue of the biggest worries of HRIS. Systems need to be designed to hinder unauthorized access to sensitive and confidential information.

HRIS is software for core HR needs and productivity for managers and employees.

The  five benefits of using it is that it is Organized, Frees HR professionals for important tasks. Regulatory compliance ensured. HR efficiency enhanced by "Boosts company image for employees." Employee db. Applicant tracking and onboarding.

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If Jif, a large producer of peanut butter, is consistently losing money in the long run, there are a few potential outcomes.

They may need to cut costs by reducing staff or finding ways to lower production expenses. Alternatively, they may need to increase prices on their peanut butter to generate more revenue.

If these strategies do not work, Jif may have to consider selling the company or potentially going bankrupt.

It is essential for any business to maintain profitability in the long run to remain competitive and sustain operations.

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