Describe an internal control that would prevent an employee from removing a computer and then reporting it
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 64% (14 reviews)
The responsible supervisors must authorize the disposal of the ...View the full answer
Answered By
Shristi Singh
A freshman year metallurgy and material science student in India.
4.80+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
Describe an internal control that would prevent the payment of insurance premiums on an auto mobile the company no longer owns.
-
Describe an internal control that would prevent the acquisition of office equipment that the firm does not need.
-
Hal stole a computer and then sold it to his friend Igor for $100. Igor has: a. good title to the word computer if he is a good faith purchaser for value. b. good title to the computer, because he...
-
Gombas Company decided to analyze certain costs for October of the current year. There was no beginning inventory. Units started into production equaled 14000, units transferred out equal 12000, and...
-
An independent bank concerned about its customer base decided to conduct a survey of bank customers. Out of 505 customers who returned the survey form, 258 rated the overall bank services as...
-
A 7 by 14 piece of lumber is planed from a rough board to a final size of 6" 1 by 13". Find the dimensions x and y of the shape created with two such boards. x= (Type an integer, fraction, or mixed...
-
Consider the time to recharge the flash. The probability that a camera passes the test is 0.8, and the cameras perform independently. What is the probability that the third failure is obtained in...
-
Accounting Today identified the top accounting firms in 10 geographic regions across the United States. All 10 regions reported growth in 2013. the Southeast and Gulf Coast regions reported growth of...
-
How do ethical considerations factor into the governance frameworks of collaborative consortia, particularly concerning data privacy, intellectual property rights, and equitable distribution of...
-
Complete Keith's tax return including all required schedules and forms using prince edward island as province, using the fillable forms package. Taxpayers Information Taxpayer #1 Name: Keith Dox...
-
Which department performs the formal record-keeping function for fixed assets?
-
Define the conversion cycle.
-
During 2021, Silverspring Systems, Inc., purchased two other companies for $10 million in cash. Also during 2021, Silverspring made capital expenditures of $8.6 million in cash to expand its market...
-
Is capital structure important to managers of not-for-profit businesses? Explain your answer.
-
Is the CCC the appropriate hurdle rate for all projects that a business evaluates?
-
When water freezes to make a snowflake crystal, the entropy of the water A. Decreases. B. Increases. C. Does not change.
-
Can you produce a net impulse on an automobile by sitting inside and pushing on the dashboard? Defend your answer.
-
a. What do bond ratings measure? b. How do investors interpret bond ratings? c. Why are bond ratings important? d. What is credit enhancement?
-
Chemical companies invest a considerable amount of time and energy in search of better catalysts for their chemical processes. Explain how this investment might pay off.
-
A firm offers two products for sale. The marginal cost of one product is new zero once the first unit has been produced. The marginal cost of the other product rises as output rises. What would be...
-
What are the key features of a table?
-
Which of the tier one ERP companies is likely to provide the best fit for a manufacturing firm? For a human resources placement company?
-
The following are narrative descriptions of sales systems and controls for these two different businesses. Avocet Inc. Avocet is a franchise fast food restaurant business. When customers order food,...
-
Consider each of the following independent situations: Case A The value of Coca- Colas trademark has been estimated as worth billions of dollars. Yet, even though Coca- Cola reports over $ 12 billion...
-
With regard to the production possibilities frontier (PPF), an efficient point is a point that is: ?
-
Within the context of rapidly evolving regulatory landscapes and heightened ethical scrutiny, how do advanced organizations navigate the ethical complexities of technological innovation and...
-
Write a program that accepts an integer limit and an integer value and that prints a complete line of output reporting the multiples of value uptil the limit . Keep prompting the user for a value...
Study smarter with the SolutionInn App