Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 11, 2024

What kind of error or fraud could happen if the inventory warehouse manager also had responsibility for making the physical inventory count and reconciling discrepancies

What kind of error or fraud could happen if the inventory warehouse manager also had responsibility for making the physical inventory count and reconciling discrepancies to the perpetual inventory records?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

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

Step: 2

Step: 3

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

Financial Institutions Management A Risk Management Approach

Authors: Anthony Saunders, Marcia Millon Cornett, Otgo Erhemjamts

11th International Edition

9781266138225

Students also viewed these Accounting questions

Question

2. McNemars test is applicable to: a) Continuous data b) Dichotomous data c) Missing data d) All of the above

Answered: 1 week ago

Question

★★★★★

Yard Professionals Inc. experienced the following events in 2016, its first year of operation: 1. Performed services for $35,000 cash. 2. Purchased $6,000 of supplies on account. 3. A physical count...

Answered: 1 week ago

Question

★★★★★

1 0 0 0 kg of a 1 0 % by wt . sodium chloride solution is concentrated to 5 0 % in a batch evaporator. Calculate the product mass and the mass of water evaporated from the evaporator. "Process...

Answered: 1 week ago

Question

★★★★★

A company needed a new building. It found a suitable location with an existing old building on the land. The company reached an agreement to buy the land and the old building for $ 9 9 3 , 0 0 0...

Answered: 1 week ago

Question

★★★★★

A particle of mass $ m $ moves under the influence of a conservative force described by the potential energy function $ U(x) = \frac{kx^2}{2} $, where $ k $ is a constant and $ x $ is the...

Answered: 1 week ago

Question

★★★★★

A 2 kg block slides on a horizontal frictionless surface with a velocity of 4 m/s. It collides elastically with a stationary block of mass 3 kg. Determine the final velocities of both blocks after...

Answered: 1 week ago

Question

★★★★★

A satellite of mass 500 kg is orbiting Earth at an altitude where the gravitational acceleration is $ 7.5 \, \text{m/s}^2 $. Calculate the gravitational force acting on the satellite and the...

Answered: 1 week ago

Question

★★★★★

Question 1 Calculate the limit: \[ \lim_{{x \to 0}} \frac{\sin(5x)}{x} \] Question 2: Find the derivative of the function $ f(x) = x^3 - 3x^2 + 4x - 7 $.

Answered: 1 week ago

Question

★★★★★

Question 1: Evaluate the integral: \[ \int (2x^2 - 3x + 5) \, dx \] Question 2: Determine the convergence or divergence of the improper integral: \[ \int_1^\infty \frac{1}{x^2} \, dx \] Question 3:...

Answered: 1 week ago

Previous Question Next Question