Association of Certified Fraud Specialists Organization or group is the only one that ""controls"" the forensic accounting profession and its credentials
The largest anti-fraud group in the world is the Association of Certified Fraud Examiners (ACFE). The ACFE works to eradicate fraud and corruption around the world by providing top-notch training, providing the CFE certificate, and developing a vibrant, international network of anti-fraud experts.On an office terrace in downtown Austin, Texas, a discussion that led to the creation of the Association of Certified Fraud Examiners (ACFE) took place in 1985. The ACFE came into being through a casual conversation between Dr. Joseph T. Wells, Chairman of the ACFE and a former accountant who joined the FBI, and Dr. Donald Cressey, the top criminologist in the nation.
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employees are of the employer : an organization’s employees described in terms of their training experience judgment intelligence relationships insight
Human capital is used to define the personnel of an organization in terms of their education, experience, judgment, intelligence, relationships, and insight.
What do you understand by Human Capital?The information, skills, and health that people invest in and amass throughout the course of their life give them the opportunity to realize their potential as contributing members of society. Two American economists, Gary Becker, and Jacob Mincer coined the term "human capital" in the 1960s to refer to the combination of abilities, knowledge, experience, habits, and personalities that each of us possesses and that can be leveraged to accomplish goals. Human capital is an asset made up of a person's knowledge and abilities that may be applied by a company to further its objectives. Because a company cannot succeed without some level of human knowledge and abilities, human capital is crucial.
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to be successful, a financial institution is required to a. ensure maximum dividend payment to investors. b. maintain positive cash flow position of investors. c. reduce the fluctuations in currency rates. d. understand the cause of rise and fall of interest rate
When any financial institution wants to be successful, it is required by them that they have to understand the cause of rise and fall of interest rate. Hence, Option D is correct.
What is a financial institution?When any of the institutions or any organisation that is engaged in doing business and all such kinds of transactions that are related to monetary terms come under the financial institutions.
The best example of a financial institution is a bank. It is the bank that is used that is termed as a financial institution. There are various financial institutions apart from banks present in the nation.
Thus, Option D is correct.
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according to the , an organization exists not only to satisfy customer wants and needs but also to preserve or enhance individuals’ and the community’s long-term best interests.
According to the societal marketing concept, an organization exists not only to satisfy customer wants and needs but also to preserve or enhance individuals’ and the community’s long-term best interests.
The idea of the societal marketing concept is that the organizations ought to satisfy the necessities and needs of customers, yet this target ought to be lined up with the long-term best interests of the community.
Societal marketing concept concept holds that the marketing strategy of any organization should include both the individual and community’s best interests at heart. It should focus on presenting and maintaining a good image for the organization while earnestly focusing on their social responsibilities.
The main points of societal marketing concept are:
Choosing the suitable target marketUnderstanding the wants and needs of said target market (customers)Catering to these requirements better than the competitionTake societal responsibility and earn a profit by satisfying the customersYou can learn more about societal marketing concept at
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question 5 mr. porter sells 10 bottles of champagne per week at a price of $100 per bottle. he can sell 11 bottles per week if he lowers the price to $90 per bottle. the quantity and the price effects on total revenue would be, respectively:
As per the given data, there is An increase of $90 and a decrease of $100.
( bottle cost 90x10 =900 and 90x11=990; increase of $90)
(Total Revenue: 100x10=1000 , 90x10=900; difference is 100)
What is revenue?While doing any kind of business, a person always invests some money and tries to generate a profit. This can be done with the help of operations calculations.
After an average sale that has been done. This kind of work or activity is done in the case of revenue. One can easily calculate the revenue by putting the given value into the formula.
Thus, in the case of Mr. Potter, after selling 11 bottles per week, the total revenue will be a difference of a hundred dollars.
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A major advantage afforded by a low-cost provider strategy is a. Setting the industry's price ceiling to capture volume gains and achieve economies of scale. B. Overly aggressive price-cutting. C. ) having the basis for the firm's cost advantage undermined by cost-saving technological breakthroughs that can be readily adopted by rival firms
Setting the industry's price ceiling to capture volume gains and achieve economies of scale.
Economies of scale is a term used to describe a decrease in production costs accompanied by an increase in production volume. Economies of scale allow for production cost efficiency for high production activities.
The existence of economies of scale is also a sign that a company has grown rapidly. This is due to increased sales activity which encourages companies to increase production. So, the more production, the lower the production costs borne by the company.
By understanding what economies of scale, you can infer what their effects are. This can actually have the following impact:
Can increase the variety of products produced. This is because of the efficiency of production costs carried out by the company.Maximizing company profits by maximizing existing resources both in terms of equipment and human resources.Minimize the risk of loss and increase sales activities.The price of goods is also cheaper so that it can reach all parties. In fact, the price of goods is also influenced by the elasticity of income.Increase worker wages due to high labor requirements followed by increased working hours.Able to increase the competitiveness of a product so that it is not inferior in terms of quality and quantity to products made abroad.You can learn more about Economies of scale here brainly.com/question/15605103
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place the following in order (top down) of how they would appear in the heading of deli llama's annual income statement for the fiscal year ended march 31, 2020.
Dell Llama, Inc.
Income Statement
For the year ended March 31, 2017.
Companies and governments utilize fiscal years, which are one-year periods, for financial reporting and planning. The most typical accounting period utilized to create financial statements is a fiscal year. Not all fiscal years coincide with the calendar year, despite the fact that they can begin on January 1 and end on December 31. For instance, universities frequently start and finish their fiscal years in accordance with the academic year.
A fiscal year is a span of time that lasts for a full calendar year but does not always begin on January 1. Depending on their accounting and external auditing procedures, nations, corporations, and other organizations may begin and conclude their fiscal years in different ways.
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to reduce traffic, market town enacts an ordinance that allows only a few specific street vendors to operate in certain areas. a court would likely review this ordinance under the principles of
To reduce traffic, market town enacts an ordinance that allows only a few specific street vendors to operate in certain areas. a court would likely review this ordinance under the principles of equal protection.
The bill of Rights is the primary ten amendments to the constitution that guard the rights and freedoms of Yankee residents. The bill of Rights became introduced to the constitution so that the anti-federalists could conform to ratify the constitution. bill of Rights. the first ten amendments or additions, to the constitution, give people critical rights including freedom of speech.
A law that limits the liberty of all folks may violate the noticeable due system. A law that restricts people of a certain countrywide starting place from doing something can be cautiously tested to make certain it promotes a compelling authorities hobby before it is allowed to stand. The invoice of rights serves to defend citizens from extra government electricity. the motive of The invoice of Rights It achieves this via ensuring there is the separation of powers between exceptional authorities branches, the judicial, government, and the legislative.
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this is the percentage of each dollar of income, on average, that is spent for current needs and wants, rather than saved.
This is the average percentage of each dollar of income spent on current necessities and wants rather than saved. Average propensity to consume (APC) counts how much money is spent each year versus saved.
Income
Income is the money that a person or entity earns in exchange for their labour or products. Income might have varied definitions depending on the situation, such as taxation, financial accounting, or economic research. Most people define income as their overall income in the form of salaries and wages, the return of their investments, pension distributions, and other sources. For businesses, income includes revenue from selling services and products, as well as interest and dividends collected on cash accounts and reserves tied to the business. Economists define and measure income in several ways.
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barry is a business owner who sells high quality drones with hd cameras for personal use. in an effort to improve his skills in social media, he pays to attend an online webinar about pinterest strategy. what is barry engaging in?
Barry is engaging in an exchange as he he pays to attend an online webinar about pinterest strategy to improve his skills in social media.
What is an exchange?According to Armstrong (2009), he defined an exchange in marketing is the act of obtaining a desired object from someone by offering something in return.
This happens any time people trade goods or services. All exchange is supposed to produce "utility," which means the value of what you trade is less than the value of what you receive from the trade.
Therefore, he is engaging in an exchange as he he pays to attend an online webinar about pinterest strategy to improve his skills in social media.
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Acme widgets had an order to process 250 widgets. The first unit required 200 minutes to assemble. Before starting, the company estimated the amount of time it would require to assemble all 250 widgets if they learned at an 85% rate. After assembling all 250 widgets, acme realized they had learned at an 80% rate. How much time less than their estimate did acme take? you should be able to compute the answer within plus or minus 2 hours.
Acme widgets had an order to process 250 widgets. The first unit required 200 minutes to assemble. After assembling all 250 widgets, acme realized they had learned at an 80 % rate. The time less than their estimate did acme take is : 91.2 hours.
What is the estimated time?First step is to calculate the cumulative unit
Using the cumulative unit table to determine the range
Cumulative unit :
Cumulative unit = 88.83- 61.47
Cumulative unit = 27.36
Second step is to calculate the minutes requires to assemble
Number of minutes :
Number of minutes = 27.36 × 200 minutes
Number of minutes = 5472
Third step is to calculate how much time less than their estimate did acme take
Time :
Time = 5472 / 60
Time = 91.2
Therefore we can conclude that acme will take 91.2 hours time less than their estimate .
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chris has just graduated from high school. he hopes to complete a carpenter's apprenticeship and eventually open his own business. what has chris developed?
Chris has just graduated from high school. he hopes to complete a carpenter's apprenticeship and eventually open his own business. chris has developed a Goal.
What is business?
Business is the process of earning a livelihood or accumulating money via the production of commodities or the purchase and sale of products. Also covered is "any activity or enterprise undertaken for profit." Businesses initially assist society by distributing commodities and services that are necessary for survival. Additionally, they produce jobs that enable members of society to make a living and meet their basic requirements.
Therefore,
chris has just graduated from high school. he hopes to complete a carpenter's apprenticeship and eventually open his own business. chris has developed a Goal.
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according to sfac no. 2, "qualitative characteristics of accounting information", is "the quality of information that enables users to perceive its significance." (enter only one word per blank.)
According to sfac no. 2, "qualitative characteristics of accounting information", understandabilityis "the quality of information that enables users to perceive its significance."
Accounting is a time period that describes the procedure of consolidating financial facts to make it clean and comprehensible for all stakeholders and shareholders. The principle aim of accounting is to record and document a business enterprise's financial transactions, monetary performance, and coins flows.
Accounting, also called accountancy, is the dimension, processing, and verbal exchange of financial and nonmonetary information approximately monetary entities inclusive of groups and corporations.
The median annual wage for an accountant is well above the countrywide median common for occupations. The top-paying industries for accountants consist of finance and insurance, management of agencies and firms, tax coaching, and the government.
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To complete the measurement process, companies need to update balances of assets, liabilities, revenues and expenses for changes created by.
To complete the measurement process, companies need to update balances of assets, liabilities, revenues, and expenses for changes created by adjusting.
A liability is something someone or an agency owes, generally an amount of cash. Liabilities are settled over time via the switch of financial advantages which include money, goods, or services.
A liability is a legally binding responsibility payable to some other entity. Liabilities are incurred a good way to fund the continuing activities of a commercial enterprise. Examples of liabilities are bills payable, accumulated fees, wages payable, and taxes payable.
Property are what a commercial enterprise owns and liabilities are what a business owes. each are listed on a corporation's stability sheet, a monetary announcement that indicates a company's economic health. belongings minus liabilities equals equity, or a proprietor's internet well worth.
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price of gasoline rises by 10 percent, and the quantity demanded falls by 25 percent. what is the number and is it elastic or inelastic?
The price of gasoline rises by 10 percent, and the quantity demanded falls by 25 percent. the number and demand for this good are inelastic.
If the price of excellent increases by means of ten percent and the amount demanded decreases via the simplest five percent, that correct is said to have an inelastic call. the amount demanded does now not stretch much relative to the change in fee. gasoline is an incredibly inelastic product, which means adjustments in prices have little effect on demand.
Price elasticity measures the responsiveness of demand to modifications in price. nearly all price elasticities are poor an increase in price ends in a lower call for, and vice versa. The demand for a good is inelastic if the percentage lower in the quantity demanded is much less than the percentage growth in its price. In this example, a ten percent fee upward push brings a two percent lower in the amount demanded so the call is inelastic.
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the elasticity of demand is defined as the percentage change in quantity demanded divided by the percentage change in .
The elasticity of demand is defined as the percentage change in quantity demanded divided by the percentage change in price.
Price elasticity measures the responsiveness of the quantity demanded or supplied of an awesome to a trade in its charge. it's far computed as the percentage change in quantity demanded—or furnished—divided by using the proportion change in rate.
An elastic call for is one wherein the change in quantity demanded because of a trade in charge is huge. An inelastic call for is one in which the trade in amount demanded because of a change in rate is small. The components used right here for computing elasticity.
Fee elasticity of call for is the ratio of the proportion exchange in the amount demanded of a product to the percentage alternate in charge.
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due to scarce resources, every individual, whether rich or poor, faces a(n) (one word) cost when choosing to produce or consume more of one good over another.
Due to scarce resources, each person, whether wealthy or terrible, faces opportunity charges while choosing to produce or consume extra of one right over any other.
The scarcity method is that there are fewer resources than are had to fill human needs and wants. those assets can come from the land, exertions resources, or capital resources. you're in all likelihood used to considering natural resources which include titanium, oil, coal, gold, and diamonds as scarce. In fact, they're on occasion referred to as “scarce sources” just to re-emphasize their limited availability.
Scarce resources like gold, oil, silver, and other fossil fuels are naturally uncommon. when demand exceeds the supply, these assets grow to be scarce and prices can go up. different commodities, like diamonds, command a high charge due to their limited availability and manipulation in their market.
Every commodity comes with a charge; essentially, every useful resource on the earth shows a degree of shortage. for instance, time and money are generally scarce resources. inside the real world, it's far common to locate someone with little of one aid or even both.
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Eggs, toilet paper, and candy bars are examples of __________. a. specialty goods b. convenience goods c. shopping goods d. unsought goods please select the best answer from the choices provided a b c d
Answer:
B. convenience goods will be the answer for this one
chuck, a single taxpayer, earns $75,000 in taxable income and $10,000 in interest from an investment in city of heflin bonds. (use the u.s. tax rate schedule.) required: if chuck earns an additional $40,000 of taxable income, what is his marginal tax rate on this income? what is his marginal rate if, instead, he had $40,000 of additional deductions? note: for all requirements, do not round intermediate calculations. round percentage answers to 2 decimal places.
The average tax rate is 19.83% and the marginal tax will be 27.36%.
How to calculate the tax?Chuck's average tax will be:
= Total tax) Taxable income × 100
= 14875/75000 × 100
= 19.83%
It was stated that he's a single taxpayer, earns $75,000 in taxable income and $10,000 in interest from an investment in city of heflin bonds as earns an additional $40,000 of taxable income.
Therefore, the marginal cost will be:
= (25817 - 14875)/(115000 - 75000)
= 10942/40000 × 100
= 27.36%
The marginal cost is 27.36%
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n 2021, nora (28) lived with her daughter, avery (4), her brother, jack (19), and her fiancée, luke (30) for the entire year. nora's adjusted gross income is $32,850, jack's gross income is $5,000, luke's gross income is $4,500, and avery has no income. none of the individuals in the household were students during the year. neither jack, nor luke, nor avery provided over 50% of their own support. nora qualifies for and files as head of household in 2021. how many qualifying dependents can nora claim on her return?
The Appropriate response is option (one).
As the relative cannot have a gross income of more than $4,300 in 2021 and be claimed by you as a dependent, only Avery qualifies as a dependent for Nora.Gross income is the total of all incomes, salaries, profits, interest payments, rents, and other kinds of income for families and people before any deductions or taxes. It contrasts with net income, which is the gross income less any applicable taxes and other deductions.
How do gross and net income differ?Before taxes, benefits, and other payroll deductions are taken out of an employee's paycheck, that amount is known as their gross pay. Net pay, often known as take-home pay, is the amount that is left after all withholdings have been taken into accountTo learn more about Gross income, Click the links.
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if a registered representative is suspended by finra's department of enforcement, his first appeal would be to
If a registered representative is suspended by FINRA's department of enforcement, his first appeal would be to the National Adjudicatory Council. Broker-dealer registration and regulation are handled by the Financial Industry Regulatory Authority (FINRA).
FINRA is not a representative of the government, despite the fact that it possesses regulatory authority. It is a non-profit organization and the biggest self-regulatory organization (SRO) for the U.S. securities market.
A membership-based organization known as an SRO develops and upholds regulations for representative in accordance with federal laws. Broker-dealers are subject to licensure and regulation by FINRA. The exams that securities professionals must pass in order to sell securities are administered by FINRA.
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Lone wolves possess low levels of both organizational commitment and task performance and exert the minimum level of effort needed to keep their jobs. V true or false?.
The statement is false because lone wolves possess a low level of organizational commitment but a high level of task performance.
Organizational commitment is the relationship that staff members have with their employer (the organization). Employees that feel compelled to remain with their company because leaving would result in lower pay and benefits are a perfect example of high-level commitment.
Task performance is the efficiency with which job holders accomplish their duties. undertake tasks that support the technical core of the business, either directly by performing a technological process or indirectly by giving it the resources or services it needs (Borman & Motowidlo, 1993).
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Who should you contact if you have trouble making payments when she leaves school.
The one you should contact if you have trouble making payments when he leaves school is the lender.
A loan (also known as “financing”) in its most general sense is the provision of money or property temporarily to another person with the expectation that the gift will be repaid. In the context of business and finance, loans include various types of commercial loans.
A lender is a company or financial institution that lends money, with the expectation that it will be repaid. Banks and credit unions are all potential lenders for small businesses. Lenders are paid interest on the loans they provide as borrowing costs. The higher the risk of not being repaid, the higher the interest rate charged to the debtor.
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the of a project is the total value of the benefits minus the total value of the costs, with both costs and benefits adjusted to reflect the point in time at which they occur.
The net present value (NPV) is the total value of the benefits minus the total value of the costs
The gap between the current value of cashflows and withdrawals over a period of time is known as net present value (NPV). To evaluate the profitability of a proposed investment or project, NPV is used in terms of investment. The outcome of computations to determine the present value of a stream of payments in the future is NPV.
The current worth of a payment stream from a business, project, or investment is determined using net present value (NPV).
You must predict the timing and size of future cash flows in order to determine NPV, and you must choose a discount rate that is equal to the least allowable rate of return.
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sales recorded in a cash register would be an example of a(n) activity in an information system.
A(n) activity in an input information system would be something like sales that are logged in a register.
What do the terms "information system" and "output" mean?
The communication between an information processing system, such as a computer, and the outside world, which may include a human or another information processing system, is known as input and output, or I/O. The system's inputs are the signals or data it receives, and its outputs are the signals or data it sends.
What kind of input would you use in a system?
Whatever you introduce into a system is an input. For instance, the circulatory system needs oxygen from breathing and energy from meals to function. The inputs are those. Electricity and input from your keyboard and mouse are needed for a computer system.
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If a capitalist country were to focus on taking care of underprivileged citizens and bridging the income gap, it would be best described as which economy?
A. communist
B. mixed
C. socialist
D. state
E. command
Answer:
C?
Explanation:
I Don't really know so please don't be mad
If a capitalist country were to focus on taking care of underprivileged citizens and bridging the income gap, it would be best described as a socialist economy. The correct option is C.
How do socialists explain inequality?The competitive and egotistical characteristics of capitalism are to blame for the disparity that exists in society. Socialists disagree that people are born with equal abilities, but they do think that because everyone contributes to society, they should all be paid equally.
Socialist principles include free access to products and services, production for use rather than profit, equal distribution of wealth and material resources among all people, and the end of market competition.
Thus, the ideal selection is option C.
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self-organization versus hierarchical organization — a mathematical investigation of the anarchist philosophy of social organization
A mathematical analysis of the anarchist theory of social organization, "Self-Organization versus Hierarchical Organization," In order to investigate how we can live without compulsion, this thesis seeks to better grasp what power and hierarchy are through the use of mathematics.
Self-organization is the method used by individuals to organize their social relationships in order to create global order via their interactions with one another as opposed to through outside education or intervention. Being a very dynamic and complex system with many interconnected parts, the nervous system displays many self-organizational traits. We will discuss three different types of brain self-organization in this chapter: self-organization that occurs throughout development, self-organization that results from experience, and self-organization that results from damage. Self-organization has an impact on the development of the nervous system. This is an extremely important question in our understanding since it is difficult to understand how the nervous system, which is highly structured and complex, can evolve from a single fertilized egg.
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a municipal bond carries a coupon rate of 7.75% and is trading at par. required: what would be the equivalent taxable yield of this bond to a taxpayer in a 40% combined tax bracket? (round your answer to 2 decimal places.)
The equivalent taxable yield of this bond to a taxpayer in a 40% combined tax bracket is 12.92%
What is tax rate on the yield of a municipal bond?
A municipal bond investment is tax-free especially for those residing in the area where the bond is issued, in other words, an equivalent taxable yield of a bond to a taxpayer in 40% tax bracket needs to increase proportionately such that the after-tax yield remains at 7.75%
equivalent taxable yield*(1-tax rate)=municipal bond yield
When the tax rate of 40% is deducted we would be left with 7.75%
equivalent taxable yield*(1-40%)=7.75%
equivalent taxable yield=7.75%/(1-40%)
equivalent taxable yield=7.75%/0.60
equivalent taxable yield=12.92%
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Jay found a job with an annual salary of $48.7k what is his monthly pay, rounded to the nearest dollar
Answer:
$4058
Explanation:
$48700 in 12 months (annually)
48700/12=4058.33
4058.33 rounded = 4058
Therefore, Jay's monthly salary is $4058.
tina just completed a science degree and wants to continue on to medical school. what can she expect? her earnings potential may decrease. her potential expenses may decrease. her earnings potential may increase. her potential wants may decrease.
Tina recently earned a science degree and intends to enrol in medical school. Her ability to make money could decline.
Science is a methodical process that develops and organises information in the form of falsifiable explanations and cosmic predictions.
Science may be as old as the human species, with some of the earliest archaeological evidence for scientific reasoning dating back tens of thousands of years.
The first written documents in the history of science date from Mesopotamia and Ancient Egypt, which flourished between 3000 and 1200 BCE.
Their contributions to mathematics, astronomy, and medicine had an impact on the Greek natural philosophy of classical antiquity, which formal attempts were made to provide explanations of occurring in the physical world based on natural causes.
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im is ceo for a company that produces filing cabinets and office furniture. he uses when determining that in order to increase production by 20% next year, the company will need to hire 10 new employees.
In order to increase production by 20% the following year, he uses planning to determine that the company will need to hire 10 more employees.
How to Create An Effective Employee Selection Process?
Companies use a set of stages called the employee selection process to find and hire the best employees. Effective selection can lead to the hiring of the kind of workers who will increase company morale, contribute to your corporate culture, and keep turnover low.
It's crucial to understand that hiring differs from personnel selection. Each represents a distinct phase. Selection comes once you have a suitable pool of applicants, after recruitment has been completed.
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