sales journal‚ but are not posted to any customer account. Following the scientific method‚ answer the following questions below: a. Do background research in relationship to the issue to get a more in-depth understanding of the situation. What questions would you ask of management to determine how the fraud is occurring based on the specific fraud identified? Fraud Item #1 Are the employees in charge of shipping comparing the product shipped with the sales invoice to determine that the
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universities during medieval times. Modern universities are the result of the evolution of the concept since the creation of universities. As the professor stated‚ developing medieval urban centers created demand for more educated people/workers. In contrast‚ some fields today are oversaturated‚ resulting in the declining demand for educated workers in certain fields. One similarity between medieval and modern universities that is rarely seen today is gender exclusive universities. During the time of medieval
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Christmas during Colonial Times Colonial Christmas was a holiday for adults‚ not a magical day for children. Christmas celebrations originated in the southern colonies‚ and activities included parties‚ hunts‚ feasts‚ and church services‚ all of which were adult activities. We do get some of our traditions from colonial days. For instance‚ the main decorations were holly‚ laurel‚ and garland‚ because these were the only plants that looked good during the middle of winter. Mistletoe was hung prominently
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was solely American. As time went on‚ with the United States in a depression‚ the other countries began to slowly fall into a depression as well‚ making the Great Depression a worldwide depression. The banks closed down‚ unemployment was at an all-time high‚ with states averaging 20 percent. Some states had very high unemployment‚ such as Ohio with a 50 percent unemployment rate and Toledo with an 80 percent unemployment rate. The Great Depression was said to have been caused by many factors‚ including
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France. His rise and fall from power can be analyzed in any number of ways‚ but what I am most curious about is what exactly caused the shift in Robespierre’s mental and emotional state which resulted in the brutal execution of 40‚000 of his own citizens. Could he sense the shift? Was he helpless to stop his changing attitudes‚ so hypnotized by the lure of power that he was willing to do anything to keep it? Or did he know what was taking place‚ the horrors that he was committing‚ and did he continue to
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"What is responsibility accounting? Is it used at your current (or former) place of employment‚ and if not‚ would it work? Why‚ or why not?" According to allbusiness.com‚ responsibility accounting is defined as a “collection‚ summarization‚ and reporting of financial information about various decision centers (responsibility centers) throughout an organization” (allbusiness.com). The article also explains that responsibility accounting helps an organization trace costs‚ revenues and profits to
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should be considered as well. At the end we need to evaluate the audit strategies. Audit strategy is the determination of the amount spent on testing the client’s internal controls and conducting detailed testing of transactions and account balances. This report is focus on how to develop an audit strategy in carrying out a financial audit. Several requirements need to be achieved and the evaluation of the audit strategies. Evaluate audit strategy is to check whether the strategy is useful or not in
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various changes on its Homefront‚ the most prevalent being the change of food. At the beginning of the war‚ food was plentiful and delectable‚ as evident in Source A‚ and saw little decline in quality or price. However‚ this didn’t last long‚ as additional men began to sign up for the war (an approximate 750‚000 in one month)‚ thus causing a need for a steady supply of food‚ and causing the prices of bread and meat to increase slowly‚ as the army began to consume large quantities of food. During 1915
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The Effects of Technology on the Accounting Profession ACC340 / February 16‚ 2015 There are several advancements in technology that has allowed companies from all different sizes to keep accurate financial data and records as well as decrease or as far as eliminate paper records. Technology has really advanced the accounting field by allowing the ability to process and interpret financial information more effective and efficient. Since technology has advanced with the introduction to the internet
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What is Accounting Ethics? The term accounting ethics are formed by the combination of two different words‚ namely accounting and ethics. Fortes‚ (2011) believes that ‘accounting is the collection‚ measurement‚ analysis and reporting of events in financial terms.’ While Karthik‚ (2010) believes that ‘ethics in its broader sense‚ deals with human conduct in relation to what is morally good and bad‚ right and wrong. It is the application of values to decision-making. These values include
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