Distinguish between a shell company fraud and pass through fraud.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 56% (16 reviews)
A shell company fraud first requires that the perpetrator establish a false supplie...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
A shell-and-tube heat exchanger has one shell pass and four tube passes. The fluid in the tubes enters at 200?C and leaves at 100?C. The temperature of the fluid entering the shell is 20?C and is...
-
Distinguish between management fraud and employee fraud. Discuss the likely difference between these two types of fraud on the fair presentation of financial statements.
-
Distinguish between employee fraud and management fraud.
-
State DMV records indicate that of all vehicles undergoing emissions testing during the previous year, 70% passed on the first try. A random sample of 200 cars tested in a particular county during...
-
In Problem 39, the pipe is suspended from a spring scale. The weight of the pipe is 12.0 N; the weight of the marble and magnet are each 0.3 N. Sketch graphs to show the reading of the spring scale...
-
What is the inventory level of Non-Cycle Stock (NCS)? What is the maximum inventory level? What is the average inventory? What is the length of a cycle (in days)? What is the reorder point (in...
-
The 2014 financial statements of LVMH Moet Hennessey-Louis Vuitton S.A. are presented in Appendix C of this book. LVMH is a Paris-based holding company and one of the worlds largest and best-known...
-
Go to Case 3.1, Cruz v. Fagor America, Inc. Read the excerpt and answer the following questions. (a) Issue: On what preliminary step to litigation does the issue in this case focus? (b) Rule of Law:...
-
Find the absolute extrema if they exist, as well as all values of x where they occur for the function f(x)=x+e on the domain [ -3.3]. Select the correct choice below and, if necessary, fill in the...
-
Three stage lights are mounted on a pipe as shown. The lights at A and B each weigh 4.1 lb, while the one at C weighs 3.5 lb. (a) If d = 25 in., determine the distance from D to the line of action of...
-
Distinguish between skimming and cash larceny.
-
Why are the computer ethics issues of privacy, security, id property to ownership of interest to accountants?
-
Explain each of the following: a. Payables deferral period b. Inventory self-financing period c. Inventory conversion period d. Receivables conversion period
-
what is Data Manipulation Language ? How is it related to DBMS ?
-
Explanation on your own Culture, Social and Personal Identities by providing supporting photos as evidence. How these identities have shaped the way you think, feel, and act in various situations....
-
what the values of NoSQL are from retail business perspective? Do you agree? Why?
-
Reflect on this new information you have learned. Can you relate to your Sparketypes? Are they an accurate reflection of you? How will you apply what you have learned to working in groups this...
-
Solve the equation by using the square root property. Write imaginary solutions in the form atbi. Express numbers in simplest form using integers, fractions, or radicals. (+)-0
-
Four consumers are willing to pay these amounts for haircuts: Each firm can give, at most, one haircut. To achieve efficiency, how many haircuts should be given? Which businesses should cut hair and...
-
Show that gj concave AHUCQ Abadie For nonnegative variables, we have the following corollary.
-
Refer to Exercise 15. a. Find a \(95 \%\) lower confidence bound for the mean wall thickness. b. Find a \(99 \%\) upper confidence bound for the mean wall thickness. Data From Exercise 15: In a...
-
This short problem is a continuation of SP 5-1. Implement the E- R diagram from SP 5-1 as tables in a database software package, such as Access. Once the tables are created, link the tables together...
-
This short problem is a continuation of SP 5-3. Using database software (e. g., Access) and the database tables implemented in SP 5-3, run a query identifying customers by name and the inventory...
-
This short problem is a continuation of SP 5-3. Using database software (e. g., Access) and the database tables implemented in SP 5-3, run a query identifying customers by name and the inventory...
-
Questions 1 & 2 are financial reporting assessment opportunities ( AOs ) . Please provide a resolution to each AO and ensure that the resolution is well supported by appropriate standard references....
-
Costs should be considered in certain financial situations. To accurately measure the cost of a department, it is important not only to consider their direct costs such as materials, services, and...
-
A real estate investor is considering the purchase of a four - unit office building and has the following information. The purchase price is $ 9 5 1 , 6 8 2 with $ 9 , 2 8 1 in acquisition costs. The...
Study smarter with the SolutionInn App