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...
-
apply the concept of brand equity in sport;
-
Differentiate an individual companys input market from its output market. Why are these two markets relevant to financial accounting measurements? Describe each of the four val uation bases in terms...
-
Engineering design is an activity that is vital to the success of any motor vehicle manufacturer. Identify the level at which engineering design would be classified in the cost hierarchy used with...
-
Question 1 Lee Van corporation is a private company whose management accountant is analyzing its investment centre performance. So it is trying to look at different components that are distributing...
-
Determine the mobility (degrees of freedom) of the mechanism shown in Fig. 5.39 (a) and (b) using Kutzbach mobility criterion and classify them. Determine the mobility (degrees of freedom) of the...
-
Distinguish between skimming and cash larceny.
-
Why are the computer ethics issues of privacy, security, id property to ownership of interest to accountants?
-
A speedboat can travel with a speed of 50 m/s in still water. If the boat is in a river that has a flow speed of 5.0 m/s, (a) Find the maximum and minimum values of the boats speed relative to an...
-
PART 4.1 Process Costing - Weighted Average MOLDING Physical Flow of Units Work-in-Process - Beginning Units Started this Period Units to Account for Total transferred out Work-in-Process - Ending...
-
3. A boy walks 10 m north then 3 m west. What is his total displacement? [3 marks] 4. A and B are perpendicular vectors. A = 2 and A + B a. Calculate b. Calculate A - B c. Explain your results. B bd....
-
Virginia has just been quoted what appears to be a very competitive loan for $2,000 to be paid back in 24 monthly payments of $96.66.What is Virginia's APR? What is the monthly payment for a $24,000,...
-
A four-lane urban freeway (two lanes in each direction) is located on rolling terrain and has 12-ft lanes, no lateral obstructions within 6 ft of the pavement edges, and an interchange every 2 miles....
-
In January, 1993, there were about 1,313,000 internet hosts. During the next five years, the number of hosts increased by about 100% per year. a. Write a model giving the number h (in millions) of...
-
Describe conflicts of interest in governance created by excessive executive compensation.
-
Define the essential properties of the following types of operating systems: a. Batch b. Interactive c. Time sharing d. Real time e. Network f. Parallel g. Distributed h. Clustered i. Handheld
-
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...
-
Suppose the S&P 500 currently has a level of 960. One contract of S&P 500 index futures has a size of $250 S&P 500 index. You wish to hedge an $800,000-portfolio that has a beta of 1.2. (A)In order...
-
Exhibit 4.1 The balance sheet and income statement shown below are for Koski Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during...
-
Haley is 57 years of age. She is planning for future long-term care needs. She knows that yearly nursing home costs in her area are currently $69,000, with prices increased by 5 percent annually....
Study smarter with the SolutionInn App