How could fraud be perpetrated through the sales returns process?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 64% (17 reviews)
In the absence of good internal controls there are several types of fraud that cou...View the full answer
Answered By
Surojit Das
I have vast knowledge in the field of Mathematics, Business Management and Marketing. Besides, I have been teaching on the topics Management leadership, Business Administration, Human Resource Management, Business Communication, Accounting, Auditing, Organizer Behaviours, Business Writing, Essay Writing, Copy Writing, Blog Writing since 2020. It is my personality to act quickly in any emergency situations when students need my services. I am very professional and serious in every questions students asked me at the time of dealing any projects. I have been serving detailed, quality, properly analysed research paper through the years.
4.80+
91+ Reviews
278+ Question Solved
Related Book For
Accounting Information Systems The Processes and Controls
ISBN: 978-1118162309
2nd edition
Authors: Leslie Turner, Andrea Weickgenannt
Question Posted:
Students also viewed these Accounting questions
-
How could this fraud have been prevented? Why is this a difficult fraud to prevent? May 13, 1988, a Friday incidentally, will be remembered by a major Chicago bank. Embezzlers nearly escaped with $69...
-
How could an ES be used to detect probable fraud committed by a bank employee?
-
Sales discounts and sales returns are accounted for as reductions of revenue. If they were accounted for as expenses, wouldnt the effect on net income be the same? Why not just treat sales discounts...
-
You are looking at buying a piece of real estate and you intend to borrow as much as you possibly can from a bank to buy the property. The bank you are dealing with has a requirement that the LVR for...
-
Use the test scores of 32 students taking Business 205 to complete the frequency distribution and find the grouped mean rounded to the nearest whole number. 88 91 68 83 72 69 82 94 86 94 69 59 75 66...
-
Just what is placed on the balance sheet in a financing lease?
-
A \(30.5-\mu F\) parallel-plate capacitor initially has air between its plates and is connected to a \(24.0-\mathrm{V}\) battery. The capacitor is then submerged in distilled water. What is the...
-
Glass Tech manufactures fiberglass housings for portable generators. One part of the housing is a metal latch. Currently, the company produces the 120,000 metal latch units required annually. Company...
-
Question 1 Which class is needed to read data from the console? Input System Reader Scanner 1 pts
-
Liquid from a brewery fermenter can be considered to contain 10% ethanol and 90% water. 50 000 kg h-1 of this fermentation product are pumped to a distillation column on the factory site. Under...
-
How can a security guard in a warehouse be considered an important component of a companys accounting system?
-
Distinguish between B2B sales and B2C sales. Other than those presented in this chapter, name a company from your personal experience that uses B2C sales.
-
After reviewing the tutorials on www.internetsociety.org/your-digital-footprint-matters, do you plan to alter your online habits? Are you concerned about your digital footprint and the data trail you...
-
You are designing a small pin to fit in a machine with working conditions in the range 14 C to 59C. If the pin is manufactured from copper to a length of 7.00 mm at 20C, what is the difference, in...
-
(32. A small sphere of charge % = 0.800 C hangs from the end of a spring as in Fig- ure P22.32a. When another small sphere of charge q = -0.600 C is held beneath the first sphere as in Figure...
-
A parallel-plate capacitor has a charge Q = 150 C on one plate and -Q = -150 C on the other plate. Each plate is square shaped with side length s = 25.3 cm. The plates are separated by distance d =...
-
8. The copper coil has a resistance of 0.25 02 at 75 "C. If the coil is cooled to 20 C as shown in fig (8), the reading of voltmeter will be Beaker V water Fig(8) A I= 0.9 Amp Coil (Copper)
-
A damaged Hawker Hunter fighter jet needs to get off the ground to continue the good fight. It has a mass of 3,205 kg and it reaches a cruising altitude of 6,782 m in 85 s with a max speed of 327...
-
Log into Amazon (or pull up a page if you "remain" logged in). Compare it to a classmate's page. What similarities do you notice? What differences? Why do you think Amazon made the choice to show you...
-
Explain briefly what is meant by electronic data interchange (EDI). How does EDI affect a companys audit trail?
-
A hammer hits a nail. The force of the nail on the hammer is A. Greater than the force of the hammer on the nail. B. Less than the force of the hammer on the nail. C. Equal to the force of the hammer...
-
The text has pointed out that ethics is an important topic, especially for CPAs. Derek Bok, former law professor and president of Harvard University, has suggested that colleges and universities have...
-
As the business world continues to change the way in which business is conducted, accountants are faced with the challenge of accounting for these changes. Who, for example, could have anticipated...
-
One of your college friends recently graduated from school with a major in music (specifically piano). He has told you that he is going to start his own piano instructional business. He plans to...
-
A) While Kamal, Ahmed and Ehab were playing football., the glass of window of was broken. Kamal says "Ahmed lies", Ahmed says "Ehab lies", Ehab syas kamal and Ahmed lie" Write a program in prolog to...
-
Given the following: #includ int a[] {4,6}, i = 0, y =3, z=1; void f(int x){ } int z = 2; 9 0); x = x+y; Z = Z+X; i++; return x+a[i]+y; void g(){ z += 3; y=a[i] +z; } void main(){ } printf("%d",...
-
A) Give the data type of e whose storage representation is given as follows assuming the integers x,y take each one location e.d.c.b.a.xe.d.c.b.a.y e.d.c.b.y e.d.c.b.x e.d.c.x e.d.x e.d.y e.x B)...
Study smarter with the SolutionInn App