According to Wheelwright; branch of philosophy which is the systematic study of reflective choice, of the standards of right and wrong by which a person is to be guided, and of the goods toward which it may ultimately be directed id called:
Answer : A
The formula to calculate quick ratio is:
Answer : D
A fraction analysis is a means of measuring the relationship between two different financial statement amounts.
Answer : B
A technique for analyzing the percentage change in individual financial statement items from one year to the next in known as:
Answer : B
Worker's compensation is not a payroll account, but rather an insurance expense.
Answer : A
The major difference between fraud and billing schemes is that payroll and expense frauds involve disbursements to external parties rather than to employees.
Answer : B
The perpetrators of which frauds produce false documents that cause the victim company to unwittingly make a fraudulent disbursement?
Answer : B