Emily works for a small company, where she is the only employee who
handles payroll. What is the best option for the company to ensure that Emily
does not commit payroll fraud?
A. The company should have a different employee handle payroll.
B. The company should conduct an extensive background check.
C. The company should make sure that Emily's office and computer
are monitored.
D. The company should have an outside source review the payroll.

Answers

Answer 1

The best option for the company to ensure that Emily does not commit payroll fraud is that the company should have an outside source review the payroll.

What is a payroll fraud?

This type of fraud is related to theft of cash from a business via the payroll processing system.

Hence, having an outside source review the payroll to crosscheck the payroll before any payment is made.

Therefore, the Option C is correct.

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Related Questions

PLEASE HELP WITH THIS ASSIGNMENT
The United States is a mixed market economy based on the ideals of capitalism and a representative republic. However, some argue that the US government is too big and overreaching. Conversely, others argue the government is needed to protect consumers from deceptive business practices, and more regulation and government oversight is the answer. What are your thoughts? Is the US government too big or not big enough?

Answers

Answer:

Government is to big

Explanation:

The US government is overly expansive. Many regulations on private companies need to be removed because they only hurt small businesses and let big corporations monopolize certain markets.

What is the mixed market economy model in the USA?

Due to the significant roles that both privately held companies and the government play, the United States is classified as a mixed economy. In fact, the relative contributions of the public and private sectors have been the subject of some of the longest-running discussions in American economic history.

Private ownership is emphasized by the American free-market system. The majority of goods and services are produced by private firms, and about two-thirds of the nation's total economic output is used by individuals for personal purposes. In fact, the importance of consumers is so enormous that the country is occasionally referred to as being a "consumer economy."

This emphasis on private hands stems in part from American views about individual liberty. Furthermore, most Americans believe that an economy dominated by private ownership will be more efficient than one dominated by government ownership.

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The Circular shape of a roundabout reduces what

Answers

It reduces the likelihood of t-bone or head-on collisions and reduce the speeds to 15 to 20mph

Which of the following statements describes the most likely reason why
ethical employees are important for a company?
O A. It can show caring.
O B. It can show morality.
O C. It can feel good.
O D. It can save money

Answers

Answer:

D. they can save money this way.

Toryn, Inc., a major player in semiconductors, makes small investments of 5-10 percent of a firm's equity in many emerging technology companies. Toryn buys the company outright once that company's technological uncertainty resolves. The option that Toryn, Inc. uses is called a ________ option.

Answers

Toryn, Inc uses Strategic company decisions option in making decision of making of small investments and buying of the company.

What is a Strategic company decision?

A strategic decisions refers to vital decisions made on the environment where the firm operates, the resources and the people who form the company.

In essence, these decisions are important because they deal with harmonizing organizational resource capabilities with the threats and opportunities.

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re
Project: Prepare Scenarios Using Gidgits Galore
Assignment Directions:
Part A: Prepare your own scenarios, using Gidgits Galore as your backdrop.
1. Provide an example of a "wrongful discharge" at Gidgits Galore.
2. Provide an example of a "retaliatory discharge" at Gidgits Galore.
3. Provide an example of "disparate treatment" at Gidgits Galore.
4. Provide an example of "disparate impact" at Gidgits Galore.
5. Provide an example of a "bona fide occupational quality" at Gidgits Galore.
Length: Each scenario must be at least one-half to one page in length

Answers

The answers to the questions about work in Gidgits Galore  is given below:

An example of a "wrongful discharge" at Gidgits Galore is said to be when an office supervisor tells an employee to carryout a task that is said to be against safety laws such as do a sudden urgent work that needs urgent approval and it is one that cannot wait and the employee will not be wearing safety gadget, the employee have the right to refuse and He or she cannot be fired for his or her refusal.

An example of a "retaliatory discharge" at Gidgits Galore occurs when an employee reports the director of the company for encouraging bribery in the workplace and when the employer is said to finds out about the bribery sandal and then confronts the director who then fires them for it, this can serves as an an example of retaliatory discharge.

What is an example of "disparate treatment" at Gidgits Galore?

Note that the term disparate treatment connote a deliberate employment discrimination.

An example of this is making sure that only employees with master's degree in a the firm can on some good and special cases (cases or jobs that will bring big allowance if the job is done well) excluding those who came in with bachelor's degree.

An example of "disparate impact" at Gidgits Galore is telling all employees to be involved in a particular task and using results from that task given to  unintentionally remove some particular minority employees disproportionately.

An example of a "bona fide occupational quality" at Gidgits Galore is When directors, supervisors and  other company's employees must join a union in the company,  be a member of that union (Example is National association of management, accountancy etc.) so as to be able to fulfill their job duties or requirements.

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Comics Alive is an animation studio with a strong creativity culture where the employees work together to imagine new cartoon characters and bring them to life via digital animation. If you were to visit Comics Alive, you would likely encounter observable artifacts such as

Answers

If you went to Comics Alive, based on their organizational culture, you would likely encounter observable artifacts such as  a. idea boards for current projects, varied kinds of seating, and advanced video technology.

Why would these be encountered?

Companies like Comics Alive which place a strong emphasis on creativity and team work, will use certain artifacts to achieve this.

They will use idea boards that have current projects which inspires creativity by allowing people to give ideas on those projects. Advanced video technology also allows for teamwork regardless of location.

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Business transactions

Answers

Answer:

A business transaction is a financial transaction between two or more parties that involves the exchange of goods, money, or services

ACCT - Utilities Expense is a/an
a. Asset
b. Liability
c. Revenue
d. Expense

Answers

Utilities Expense - D. Expense

List two basic questions belonging to the field of ethics.

Answers

Answer: Here are three basic questions of ethics:

Does your decision conflict with any of the core ethical values?

How will your decision affect others?

Are there regulations, rules, or policies that restrict your choices/actions?

Explanation:

I hope this helps!

hurry!!!! (economics) This graph shows changes in GDP and the unemployment rate in the United States in recent years.

A graph titled Annual Change in U S Unemployment and G D P from 2005 to 2012 has year on the x-axis and percent of change on the y-axis, from negative 4 to 4 in increments of 2. Between 2008 and 2009 the G D P decreased by about 3 percent. Between 2008 and 2009, the unemployment rate increased about 1.5 percent. When unemployment was at the highest point, G D P was at the lowest point.

Which statement most accurately describes the trends shown on this graph?

When GDP falls, unemployment rises.
GDP and unemployment have little to do with each other.
When GDP rises, unemployment rises as well.
GDP and unemployment rise at times of world crises.

Answers

Answer:

A. When GDP falls, unemployment rises.

Explanation:

When complimentary trading firms have specialized workers and processes in a particular product, and they engage in intra-industry trade, it creates benefits from working together by creating ________.

Answers

When complimentary trading firms have specialized workers and engage in intra-industry trade, it creates benefits from working together by creating: Economic gain.

What is a Complimentary Trade?

It is a form of trade that specializes in free trade. They compliment Each other. It can also be seen as a free-market idea that applies to international trade.

When trading firms have specialized workers and do intra-industry trade, especially in a complimentary trade, it helps the economy grow faster and also increases output.

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Microsoft receives a cash payment in advance for cloud services is an example of
a. prepaid expense
b. accrued revenue
c. unearned revenue
d. accrued expense

On December 31st a calendar year corporation
owes employees unpaid payroll
a. prepaid expense
b. accrued revenue
c. unearned revenue
d. accrued expense

Answers

1. Unearned Revenue
2. Accrued Expense

A perfectly competitive firm has fixed costs of $1 million a month, variable costs of $2 million a month and product sales of $3 million a month. what statement is a correct analysis of the situation

Answers

Assuming a perfectly competitive firm has fixed costs of $1 million per month the company is making $0 profit.

The correct analysis

Using this formula

Analysis=Sales-Fixed cost-Variable cost

Where:

Sales=$3 million

Fixed cost=$1 million

Variable cost=$2 million

Let plug in the formula

Analysis=$3 million-$1 million-$2 million

Analysis=$0

Inconclusion the company is making $0 profit.

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Suppose there will be global catastrophe unless we hold total carbon dioxide emissions at or below 35 million tons per year. As a result, 35 million tons of emissions permits are auctioned off and the proceeds distributed equally between everybody on Earth. Is this better, worse, or basically the same as allocating to each of the 7 billion people on Earth 10 pounds of untradeable emissions permits per year?
a. better, because it lowers the cost of emissions abatement
b. worse, because it raises the cost of emissions abatement
c. about the same
d. It is impossible to say.

Answers

If 35 million tons of emissions permits are auctioned off, compared to each person getting 10 pounds of untradable emissions, it is a. better, because it lowers the cost of emissions abatement.

Why is it better?

If everyone got 10 pounds of untradable emission, the amount of emissions would be:

= (10 x 7 billion) / 2,000 pound per ton

= 35 million pounds

This is the same as the total amount of the emission permits but it is still more expensive than issuing permits because those permits are tradable.

Non-tradable permits will mean that some will exceed their permit and will be unable to share their emissions.

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Contract buying a. A practice where big businesses would put a contract out on labor union leaders b. A practice where large businesses would buy out their smaller competitors c. A practice that exploited some white families' desires to buy homes in integrated neighborhoods d. A practice that exploited black families' inability to obtain regular home mortgages

Answers

It should be noyed that contract buying a practice where large businesses would buy out their smaller competitors.

What is Contract buying?

Contract buying can be regarded as a practice whereby people with big business put a huge amount on an asset and complete it installmentally.

It is a way big business buy out their smaller competitors.

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Which of the following is NOT a common way businesses pay employees?

Answers

Answer:

yearly

Explanation:

Hope this helps:)...if not then sorry for wasting your time and may God bless you:)

The answer would be yearly<3

ACCOUNTING - The matching concept
a. requires that the dollar amount of debits equal the dollar amount of credits on a trial balance
b. states that expenses related to revenue be reported at the same time the revenue is reported
c. addresses the relationship between the journal and the balance sheet
d. determines whether the normal balance of an account is a debit or credit

Answers

b. states that expenses related to revenue be reported at the same time the revenue is reported

Which of the following is considered the more industrial form of fishing?

A: Grouping
B: Netting
C: Gathering

Answers

Answer:

B

Explanation:

I hear netting a lot when people talk about fishing. I don't hear the other two when talking about fishing.

In your opinion what do you think is the best anime game and why then put their sales.

Answers

Answer:

nourto 4 is my faveret game in anmie sauske and oboito are my faifret peple in the game

Explanation:

What do Indirect distribution channels use to sell their products to the end customers?
Question 1 options:
(A) - advertisements
(B) - middlemen

Answers

Answer:

B

Explanation:

They use middlemen men because the fastest way to advertise your bussiness is through advertising

Answer:

(B) - middlemen

Explanation:

What is one of the primary concerns of socially responsible consumers?
A. Customer service
B. Low price
C. Socialism
D. Sustainability

Answers

One of the primary concerns of socially responsible consumers is sustainability.

Who is a socially responsible consumer?

A socially responsible consumer is a consumer who cares about the social impact that the products he buys have on the world around him.

It is to be noted that socially responsible consumers avoid products that they think harm society. Instead, they buy goods and services from companies that they believe do a better job of taking care of the world.

Hence, One of the primary concerns of socially responsible consumers is sustainability.

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What is meant by accounting

Answers

Answer:

the action or a process of keeping financial accounting

Answer:

Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing, and reporting these transactions to oversight agencies, regulators, and tax collection entities.

Explanation:

if u Wanted the most corpo answer

Disadvantage of not having Poka-Yoke

Answers

Ya I’m sure so n definitely polka tile lol what

What role does a company like UPS play in the supply chain?

Answers

UPS is a great example of transportation and delivery services. Vehicles that move products to consumers are the final parts of a supply chain

What is the scope of AS-26

A. All of these
B.Rights and Expenditure on the exploration for or development of Minerals
C. Financial Assets
D. Intangible Assets that are covered by another as

Answers

Answer:

Maybe the answer C. or B.

Commonwealth Delivery is the world's leading express-distribution company. In addition to the world's largest fleet of all cargo aircraft, the company has more than 670 aircraft and 57,000 vehicles and trailers that pick up and deliver packages. Assume that Commonwealth Delivery sold a delivery truck that had been used in the business for three years. The records of the company reflected the following:
Delivery truck cost $42,000
Accumulated depreciation 26,800
Required:
Prepare the journal entry for the disposal of the truck, assuming that the truck sold for: a. $15,200 cash
b. $16,500 cash
c. $14,000 cash

Answers

Answer:

the answer is Eva b e c Odyssey

A company has agreed to provide a customer with a package of standard car maintenance services for $100. The package consists of an oil change, for which the company normally charges $75, and a tire rotation, for which the company normally charges $50. What amount of revenue should be recognized?

Answers

The amount of revenue that should be recognized by the company is $100 (divided into Oil change, $60, and Tire rotation, $40).

What is revenue recognition?

According to the revenue recognition principle under the U.S. GAAP and IFRS, revenue is recognized when some performance criteria have been met.

The principle also recognizes that revenue recognition should be based on the percentage of the value when there is more than one performance criterion involved.

Data and Calculations:

Standard car maintenance services price = $100

Oil change = $75

Tire rotation = $50

Total normal cost = $125

Percentage of oil change to normal cost = 60% ($75/$125 x 100)

Percentage of tire rotation to normal cost = 40% ($50/$125 x 100)

Revenue recognition:

Oil change = $60 ($100 x 60%)

Tire rotation = $40 ($100 x 40%)

Thus, the amount of revenue that should be recognized is $100 (divided into Oil change, $60, and Tire rotation, $40).

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if we consider Airbnb to be new entrant into the hospitality short stay vacation industry. according to Porter's Five forces, how attractive is this industry? What might be particularly difficult for a new startup

Answers

The entrance of Airbnb into the hospitality short stay vacation will be  attractive but there are some market threats that need to be effectively managed.

What is the Porter's Five forces?

These forces are economic force that determines the competitive intensity and attractiveness of a market.

According to Porter, the Five forces in the every market includes::

threat of new market players,threat of substitute products,power of customers, power of suppliers, industry rivalry

In conclusion, the hospitality firm needs to evalute the forces to understand the industry structure and to determine the best corporate strategy for its operation.

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What is the purpose of long-term disability insurance?
A. To replace a portion of a person's income if that person cannot
work
B. To provide a guaranteed loan to pay expenses until a person is
able to work again
C. To provide financial support for loved ones after a person dies
O D. To pay medical expenses if a person is hospitalized for an illness
or injury

Answers

The main purpose of of long-term disability insurance is: A. To replace a portion of a person's income if that person cannot work.

What is  long-term disability insurance?

Long-term disability insurance can be defined as the type of insurance coverage that help to guide a person income if the person is unable to work as a result of illness or injury.

Long-term disability insurance  is important  when it comes to unforeseen circumstance.

Inconclusion to replace a portion of a person's income if that person cannot work.

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PLEASE HELP, NEED ANSWER QUICKLY
What do fulfillment centers do?
Question 2 options:
(A) - Store products indefinitely but have slow shipping times
(B) - Temporarily store products for retail stores
(C) - Strategically store a company's products so that the product can be picked up by the customer
(D) - Strategically store a company's products so that the product can be quickly picked up and sent out

Answers

Answer:

B

Explanation:

I just did the quiz and got 100%

Temporarily store products for retail stores.

What is the meaning of Store?

The term "stores" refers to the materials that a business has in inventory. The phrase can also be used to describe a warehouse operation that holds and distributes products.

Supermarkets, hypermarkets, and grocery stores. Anything that is in store for you will materialise at some point in the future. Also, I was in store for some surprises. The daily operations of businesses rely heavily on stores. The goal of stores is the constant creation and provision of goods and services. Every project, no matter how big or small, is efficiently handled by managing the stores.

Creating retail tactics to increase the client base, increase foot traffic, and maximise profits. achieving sales targets by educating, inspiring, guiding, and giving retail employees feedback. ensuring high client satisfaction levels through superior service.

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