Gellin, who is a baking trainer at Julia's Cookies, lives in Chicago. He traveled from Chicago...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Gellin, who is a baking trainer at Julia's Cookies, lives in Chicago. He traveled from Chicago to Houston last week to host training on how to bake a new product: • He flew to Houston on 3/6/202X. • His return flight was the morning of 3/8/202X. Gellin submitted this expense report using Julia's Cookies' expense reimbursement system. Review the transactions to find common red flags for possible expense reimbursement schemes. Examine each transaction, state whether or not it raises a red flag. explain why or why not. Transaction Category Amount Vendor 000010 000011 000012 000013 000014 000015 000016 000017 000018 000019 000020 Date Description Hotel room-one night Hotel room-one night 3/8/202X Hotel room-one night Cash 3/10/202X Dinner at hotel Credit card 3/8/202X Breakfast at airport Cash 3/7/202X Dinner with team Credit card 3/1/202X Round trip from Chicago O'Hare to Houston Hobby Credit card 3/8/202X Breakfast at airport Credit card Cash 3/8/202X Parking car at Chicago airport Ride from hotel to airport 3/8/202X 3/8/202X Ride from airport to home Credit card Credit card Transaction Type Credit card Credit card Hotels $178.02 Marriott Houston 3/7/202X Hotels $178.02 Marriott Houston 3/8/202X Hotels $178.02 N/A Meals $54.58 Uber Eats Meals $22.63 N/A Meals $72.48 Amazon Airline $439.98 Southwest Meals $6.89 Starbucks Travel $60.00 N/A Travel $32.08 Lyft Travel $24.90 Lyft Gellin, who is a baking trainer at Julia's Cookies, lives in Chicago. He traveled from Chicago to Houston last week to host training on how to bake a new product: • He flew to Houston on 3/6/202X. • His return flight was the morning of 3/8/202X. Gellin submitted this expense report using Julia's Cookies' expense reimbursement system. Review the transactions to find common red flags for possible expense reimbursement schemes. Examine each transaction, state whether or not it raises a red flag. explain why or why not. Transaction Category Amount Vendor 000010 000011 000012 000013 000014 000015 000016 000017 000018 000019 000020 Date Description Hotel room-one night Hotel room-one night 3/8/202X Hotel room-one night Cash 3/10/202X Dinner at hotel Credit card 3/8/202X Breakfast at airport Cash 3/7/202X Dinner with team Credit card 3/1/202X Round trip from Chicago O'Hare to Houston Hobby Credit card 3/8/202X Breakfast at airport Credit card Cash 3/8/202X Parking car at Chicago airport Ride from hotel to airport 3/8/202X 3/8/202X Ride from airport to home Credit card Credit card Transaction Type Credit card Credit card Hotels $178.02 Marriott Houston 3/7/202X Hotels $178.02 Marriott Houston 3/8/202X Hotels $178.02 N/A Meals $54.58 Uber Eats Meals $22.63 N/A Meals $72.48 Amazon Airline $439.98 Southwest Meals $6.89 Starbucks Travel $60.00 N/A Travel $32.08 Lyft Travel $24.90 Lyft
Expert Answer:
Answer rating: 100% (QA)
Lets go through each transaction and see if there are any warning signs Hotel transactions make up 000010 of the total The sum total is 17802 The Houston Marriott as the supplier Date 37202X One night ... View the full answer
Related Book For
Management A Practical Introduction
ISBN: 978-0078112713
5th edition
Authors: Angelo Kinicki, Brian Williams
Posted Date:
Students also viewed these accounting questions
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
For each item listed, state whether or not it would be disclosed for each of the reportable segments, identify the segments for which it would be disclosed and explain what other disclosures, if any,...
-
Presented below is information related to Larkspur Inc.'s inventory, assuming Larkspur uses lower-of-LIFO cost-or-market. (per unit) Skis Boots Parkas Historical cost $224.20 $125.08 $62.54 Selling...
-
By what fraction does the mass of an H atom decrease when it makes an n = 3 to n = 1 transition?
-
What circumstances pertaining to property, plant, and equipment may warrant the following assessments of inherent risk (IR)? a. Low for the existence or occurrence assertion. b. Moderate or high for...
-
Use the coefficients of the multiple regression equation in Figure 13.5 to predict the lung capacity for a 10-year-old who is 57 inches tall and weighs 90 pounds, at a pressure of 30.2 inches and a...
-
1. Which of the following statements regarding aggregate planning is true? A) In a pure level strategy, production rates or work force levels are adjusted to match demand requirements over the...
-
3. Given the linear program Max 3x+4y s.t. -x+2ys 8 x + 2y 12 2x + y 16 x, y 0 a. Write the problem in standard form. Identify slack/surplus variables. b. Find all the extreme points. List the value...
-
In December, Northern Kiteboarding magazine collected $80,000 for subscriptions for the next calendar year. The company collects cash in advance and then downloads the magazines to subscribers each...
-
This Figure shows the isocost line corresponding to the total cost of production of $16,000 when capital and labor are employed. A) What is the per-unit cost of capital? B) what is the per-unit cost...
-
How do modern operating systems manage concurrency in multi-core and multi-processor environments? Illustrate with examples of synchronization techniques and their impact on system performance .
-
XYZ Ltd owns a land-based drilling rig. It is in near perfect condition and unmodified. The company wishes to establish a fair value for the rig and identified two markets where near identical rigs...
-
Workers around jet aircraft typically wear protective devices over their ears. Assume that the sound level of a jet airplane engine, at a distance of 27 mm, is 130 dBdB, and that the average human...
-
Warner Company's year-end unadjusted trial balance shows accounts receivable of $119,000, allowance for doubtful accounts of $800 (credit), and sales of $480,000. Uncollectibles are estimated to be...
-
Evaluate the impact of hardware-accelerated security features (such as Intel SGX or AMD SEV) on operating system design. How do these features affect user-space and kernel-space interactions ?
-
The historical demand for Peeps is shown in the table. A) Use a three-period simple moving average to forecast demand for July. What is the prognosis? B) Use exponential smoothing to forecast demand...
-
In the series connection below, what are the respective power consumptions of R, R2, and R3? R R www 4 V=6V P1-3 W; P2=3W; and P3= 3 W OP10.5 W; P2-1 W; and P3= 1.5 W P1=1.5 W; P2=1 W; and P3= 0.5 W...
-
1. Which of the recommendations listed in the Manager's Toolbox were used by Torontobased AlertDriving? Explain. 2. Based on material contained in this chapter, why do you believe small businesses...
-
1. What are Yogesh Gupta and Kathleen Murphy doing to reduce the "noise" in their communications? Discuss. 2. Which of the nine personal barriers to communication are being addressed by Gupta and...
-
1. Which of the four basic strategy types were used by VW? Explain your rationale. 2. Based on the case, what is VW's vision? Do you think it is realistic? Explain. 3. State two SMART goals for VW...
-
Ten students are chosen from a statistics class of 25 students. Let X be the number who got an A in the class. In Exercises 1116, determine whether the random variable X has a binomial distribution....
-
In a college with 5000 students, 100 are randomly chosen to complete a survey in which they rate the quality of the cafeteria food. Let X be the number of freshmen who are chosen. Does X have a...
-
= 0.1, t = 10, P(2) In Exercises 918, determine the indicated probability for a Poisson random variable with the given values of and t.
Study smarter with the SolutionInn App