Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2pts) 1. Which of these is NOT part of the fraud triangle? a. Rationalization b.) Means c. Financial Pressure d. Opportunity 2. According to the

image text in transcribed
2pts) 1. Which of these is NOT part of the fraud triangle? a. Rationalization b.) Means c. Financial Pressure d. Opportunity 2. According to the Sarbanes-Oxley Act, who is required to maintain an adequate system internal control? @ Publicly traded US companies b. Small and medium sized businesses c. International companies not publicly traded d. All of the above 3. Which of these is NOT an example of a physical internal control? a. A safety deposit box b. Alarms C.TV monitors d. Shared cash register use with no passwords 4. What is the formula for calculating average accounts receivable? a. (Beginning accounts receivable + Ending accounts receivable)/2 b. Ending accounts receivable/4 C. (Beginning accounts receivable + Beginning accounts payable)/2 d. 365 Average inventory turnover 5. Which of these is NOT a way to show time in the interest formula? a. # of years b. # of months/12 c. #of months/36 d. # of days/360

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Strategic Cost Analysis

Authors: Roger Hussey

1st Edition

160649239X, 9781606492390

More Books

Students also viewed these Accounting questions

Question

Is this really true, or am I just taking it for granted?

Answered: 1 week ago

Question

How to find if any no. is divisble by 4 or not ?

Answered: 1 week ago

Question

Explain the Pascals Law ?

Answered: 1 week ago

Question

What are the objectives of performance appraisal ?

Answered: 1 week ago

Question

1. Build trust and share information with others.

Answered: 1 week ago