Blue, an insurance agent, was paid a percentage of the sales he generated on behalf of his company. Blue wrote policies to fictitious customers in order to increase his sales totals for the month. This is an example of: a. An expense reimbursement scheme O b. A commission scheme O c. A false billing scheme d. A falsified hours and salary scheme
Q: Detail and discuss the expenses involved in opening for business and how the capital can be…
A: Startup costs are one-time expenses made during the initial phases of a new business. Each startup…
Q: Clearly define any one of the five business environment dimensions.
A: The full spectrum of people, organizations, and other entities—those not immediately connected to an…
Q: How to Strengthen Policy Management?
A: In order to help your team members perform their duties successfully, you may adjust rapidly and…
Q: Sometimes employees resist control. Resistance to control typically occurs for one of four reasons.…
A: The organizational aim will be to sustain in the market, and to increase the profitability status of…
Q: What must HR managers keep in mind above everything else in order to retain great talent?
A: Administrative tasks are organized, directed, and coordinated by HR managers. They are in charge of…
Q: Discuss the benefits of various organizational development intervention programmmes.
A: Introduction : Organizational development is essentially a method of problem-solving. It is an…
Q: Reflect on own management and leadership skills using a range of models. Develop and justify a…
A: INTRODUCTION: A leadership development plan is a documented approach that outlines a person's goals…
Q: Complete the following statements by filling, in the blanks with the correct word choose your answer…
A: A business process is a series of sequential steps to obtain an outcome. Business processes help to…
Q: How motivation helps an organisation in achieving its objectives ?
A: Concept Introduction : Motivation at work is essential for workers to perform successfully and…
Q: 1.Job description and Job qualification for Cashier 2. Job description and Job qualification for…
A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…
Q: Describe one tool that is most useful to an operations manager in decision making process and…
A: The operations manager is in charge of making effective and efficient use of resources to produce…
Q: Example of a simple marketing plan. Executive summary: Present market situation: SWOT Analysis:…
A: Note- As per Bartleby guidelines the solution is being generalized. A business plan is a written…
Q: Describe a ethical dilemma. How can one overcome an ethical dilemma?
A: The moral frameworks that people and organizations use to direct their decision-making and…
Q: What is coordination in management ?
A: SOLUTION: Coordination can be thought of as the underlying thread that connects and unites all of…
Q: What are the advantages of Organization Value in details?
A: Organization is the cornerstone of a strong financial management program. Without a system that…
Q: (Management )What are the disadvantages of the sole proprietorship form of business ?
A: The easiest type of company to operate is a sole proprietorship. An unincorporated business has a…
Q: Discuss the important documents used in import transactions?
A: Any good or service that is bought outside of the country of origin is considered an import. Imports…
Q: Discuss the strategies of employee motivation ?
A: Employee motivation is the dedication, passion, and innovation employees exhibit when working for a…
Q: Mangement question What steps must be taken to ensure the success of employees' management…
A: There are several different formats for management involvement plans. Other rights, such as option…
Q: The Topeka Twisters were founded as a professional football team in 1995. The team has played all of…
A: Drafting the Negotiated Contract Different negotiation abilities are needed to convert an oral…
Q: What is the difference between intrinsic and extrinsic motivation?
A: SOLUTION: When you act out of intrinsic motivation, you are doing for your own personal gain.…
Q: How can Leaders or top Management can produce long term organisational effectiveness?
A: Although "organizational effectiveness" may appear to be a meaningless corporate jargon, it is…
Q: Revise this memo for business
A: A memorandum is a formal written communication often used in a business setting. These…
Q: Can I have a long well-explained answer to this one? Thanks. How important are pay and fringe…
A: Compensation management is a branch of human resource management that manages the compensation plans…
Q: Benefits of ethical communication in mangement
A: Ethical communication is described as being clear, concise, honest, and accountable. But in a job…
Q: They Dominated the Conversation The local cancer center has a health team designed to coordinate…
A: Team- A team is any collection of individuals human or otherwise who cooperate to accomplish a…
Q: What are the initiatives that need to be taken by the Employees to achieve work - life balance ?
A: The pursuit of a healthy work-life balance by an employee heavily relies on maintaining a healthy…
Q: Employee training is necessary for an organisation ..Explain how the training needs of the employees…
A: Employee training refers to an organization's ongoing attempts to improve its employees'…
Q: Why do some employees prefer telecommuting? What are benefits and detractors of workplace…
A: It would be reasonable if companies noticed a decline in productivity among remote employees given…
Q: Key Takeaways (from the text (Project Management) Commodities are purchased through suppliers using…
A: Organization- An organization is a group of individuals working together to achieve predetermined…
Q: Various Significance of Discipline in mangement
A: Organizational discipline is the practice of two skills: self-control and learning to pursue the…
Q: Why is human resource management crucial?
A: Human resource management is the practice of aiding and overseeing people in all areas of their…
Q: Explain the role of entrepreneurs in market of labor
A: Because they can drive the nation's economic expansion, entrepreneurs are crucial in market…
Q: what are the role of diversity in employee engagement and retention. Use widely available resources…
A: The term diversity refers to understanding and accepting unique attributes and individual…
Q: What are the responsibilities of professional life, the elements of a successful career, and the…
A: About Professionalism - Professionalism, is a type of concept, which is described as a type of…
Q: What metrics go into evaluating employee potential? What have you experienced in employee…
A: The answer is generalized. When it comes to evaluating talent over a broad (and frequently…
Q: What are the benefits of training program?
A: Programs for employee training are well-liked in both new and established firms since they provide a…
Q: How to avoid 'Attribution of blame' from employees to customers in the company
A: INTRODUCTION: A cognitive bias called the self-serving bias makes people think that they are more to…
Q: Enumerate the factors affecting supervision in management .
A: Introduction : Supervision is the process by which senior members of an organisation guide, command,…
Q: What factors in the external environment led to Trump assessing TikTok as a threat to America?…
A: Donald Trump's decision to assess TikTok as a threat to the United States was informed by a number…
Q: What are the 5 benefits of Discipline?
A: Management can modify unwanted performance and behaviour through the application of discipline by…
Q: Using the VRIO analysis model, analyse the SMC Ltd competitive advantage that will impact their…
A: Introduction: VRIO framework is one of the strategic tool that organisations uses to analyse their…
Q: More and More business as well as individuals are choosing to communicate either professionally or…
A: Business communication is a communication that is intended to help a business company achieve its…
Q: Case study. Hal’s Woodworking Hal Donovan started an ordinary hardware store, named Hal’s Hardware…
A: *As per the guideline first three are answerable please repost the remaining parts. The SWOT…
Q: a brief summary of each field in Hr. and the pros and cons of each.
A: Human Resource: The department of a company tasked with discovering, vetting, hiring, and training…
Q: What are the objectives of performance appraisal?
A: Performance appraisal can help with setting employee goals, choosing who gets promoted, arguing for…
Q: Write on the necessity for innovation and creativity in management.
A: The actions are taken to ensure that information, economic, physical, and human resources are being…
Q: Business environment wirte why it is essential for a manager to analyse business environment?
A: Introduction : The term "business environment" is used to describe external factors that are not…
Q: Case Study : Haeir Group Haier Group is China’s largest home-appliance maker, and CEO Zhang has…
A: Company H is the largest home-appliance maker in Country C. It enjoys an enviable prestige in…
Q: What is the importance of workplace ethics?
A: Workplace ethics is the term for a certain set of moral and legal rules that businesses may follow.…
Step by step
Solved in 4 steps
- White booked a flight for a business trip with his company’s travel agent. He filled out two expense reports for this trip,and on each report, he requested reimbursement for the cost of the ticket. On one report,he attached his airline stub as support for the expense. On the other report, he attached the travel agency’s invoice as support.What kind of scheme was White attempting? a. A false billing scheme b. A mischaracterized expense scheme c. An overstated expense scheme d. A multiple reimbursement schemetrue or false 1. Captive insurer may be used to insure loss exposures that the parent firm finds it difficult to insure with private insurers. 2. Ali incorporated his business so that he has unlimited liability to shield him against personal liability claim by the creditors 3. For the safety of the residents of the apartment, a barrier is installed at the entrance of the apartment. Only the vehicles belong to the residents are allowed to pass through. This physical barrier system is a risk management technique called loss prevention 4. Applying first-aids to an injured worker while waiting for an ambulance to send him to hospital is a risk management technique called salvage.Your insured lives in an apartment but takes a temporary position in another city and must store some me for fur ture items in a storage ware apartment is sublet to a friend. Subsequently, the warehouse is broken into and some of your Insured's furniture is stolen. What Would a Tenant © A) The actual cash value or replacement cost of the property stolen less the policy deductible, subject to the 10% limitation on property temporanlite O B Nothing. The loss is not covered © C The actual cash value or replacement cost of all the personal property stolen, less the policy deductble, subject to the polis limit © D That proportion of the loss which the value of the property at the warehouse bears to the total value of all of his her personal property
- Is it possible to be used partly for public purpose and partly private purpose without violating the limitation that a tax must be for public purpose?A. No, the purpose shall either be private or public. It cannot be bothB. Yes, The purpose is not important as long as the tax of the property can be accounted forC. No, the purpose to be accomplished by taxation need not be exclusively public. To benefit private individuals will be tantamount to deprivation of property of those who paid the tax without due processD. Yes, The purpose to be accomplished by taxation need not be exclusively public. Although private individuals are directly benefited such as the victims of flood victims, the tax will be valid provided such benefit is only incidentalThe finance director, Montse Mirabelle, has informed you that a significant fraud took place during the year in the payroll department. A number of fictitious employees were set up on the payroll and wages were paid into one bank account. This bank account belonged to two supervisors, who were married, and were employed by Heraklion Co. One had sole responsibility for setting up new joiners in the payroll system and the other processed and authorised bank transfer requests for wages and supplier payments. These employees no longer work for the company and Montse has asked the audit firm for recommendations on how to improve controls in this area to prevent this type of fraud occurring again. Heraklion Co operates a Human Resources department. Required:(c) In relation to the payroll fraud, identify and explain THREE controls Heraklion Co should implement to reduce the risk of this type of fraud occurring again and, for each control, describe how it would mitigate the risk.Accounting Ethics Case: Andy Frame and his supervisor are sent on an out-of-town assignment by their employer. At the supervisor’s suggestion, they stay at the Spartan Inn, across the street from the Luxury Inn. After three days of work, they settle their lodging bills and leave. On the return trip, the supervisor gives Andy what appears to be a copy of a receipt from the Luxury Inn for three nights of lodging. Actually, the supervisor indicates that he prepared the Luxury Inn receipt on his office computer and plans to complete his expense reimbursement request using the higher lodging costs from the Luxury Inn.Required: What are the ethical considerations that Andy faces when he prepares his expense reimbursement request and how often do you think this happens in the real world? Your post should be at least a couple of paragraphs.
- ScenarioAntonio Mbaza is employed by Klincor. For the duration of his employment, both him and hisemployer contributed the legislated UIF amount on a monthly basis. After a particularly frustratingday at work, Antonio hands in his resignation to his employer and his employer accepts theresignation. A week later, Antonio contacts his former employer requesting that the relevantdocumentation be completed and released so that he can claim his UIF benefits, the employerdenies the request, indicating that Antonio does not qualify to apply for UIF.With reference to the scenario provided, comment on the former employer’s statement thatAntonio does not qualify for UIF, with consideration to the following: The validity of Antonio’s UIF claim. The categories for which UIF can be claimed. The duration for which Antonio could have expected to receive UIF payments.Case 1: The CARE Corporation uses an IBM mainframe computer system with peripheral optical reader and high-speed laser printer equipment. Transaction information is initially recorded on paper documents and then read by optical equipment that produces a magnetic disk containing the data. These data file disks are processed by a computer program, and printed listings, journals, and general ledger balances are produced on the high-speed printer equipment. Required: Explain how the audit standard requiring “adequate technical training and proficiency” is complied with the audit of CARE Corporation’s financial statements. Case 2 Increasing use of sophisticated EDP systems has produced significant changes in the accounting environment. Some of these changes are the following: documents that are used to enter information into the computer may exist for only a short time or only in computer-readable form. In some computer systems, input documents may not exist at all, because information…Give atleast one opportunity or threats of Jollibee Corp, interms of taxes, pls provide that could prove the statement and reference
- The difference between fraud and errors is: a. the timing of the transaction b. the materiality of the value involved. c. intent of those involved. d. whether it affects owners’ equity or not.Which of the following statements about the Securities Act of 1933 is not true?(1) The third-party user does not have the burden of proof that she/he relied on thefinancial statements.(2) The third party has the burden of proof that the auditor was either negligent orfraudulent in doing the audit.(3) The third-party user does not have the burden of proof that the loss was causedby the misleading financial statements.(4) The auditor will not be liable if he or she can demonstrate due diligence inperforming the audit.Statement 1: The excess over the limit of de minimis benefits given to a rank and file is gross compensation subject to the rules on the non-taxable 13th month pay and other benefits. Statement 2: Profit-sharing bonus is included in the computation of 13th month pay and other benefits. Statement 3: Income of the government from proprietary functions is taxable. Statement 4: Income of a government owned and controlled corporation is not taxable Statement 5: For a rank and file employee, excess de minimis benefits shall form part of his taxable regular compensation. Statement 6: For a managerial employee, excess de minimis benefits shall form part of his 13th month pay and other benefits. Identify if the statements are true or false