What is the classification by perpetrator and by scheme
According to the textbook, frauds can be classified by victim, by perpetrator and by scheme. But the textbook only mentioned about the classification by victim.what is the classification by perpetrator and by scheme?
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Georges grandmother promises to give hime $1000 at the end of each of the next five years. How much is the money worth today, assuming Geofge could invest the money and ears a 6% annual rate of return (round to the nearest dollar)?
Grocery Corporation received $300,328 for $250,000, 11% bonds issued on January 1, 2009, at a market interest rate of 8%. The bonds stated that the interest would be paid each December 31 and that they mature on December 31, 2018.
If profit margin = 10%, fraud loss= $436million , then why the revenue to restore the effect on net income is $4.36 billion ($436million / 0.10 = $4.36 billion)? what is the relationship between fraud loss, net income, profit margin and revenue?
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At the end of 2009, Tatum Co has accounts receivable of $700,000 and an allowance for doubtful accounts of $28,000. On January 24, 2010, it is learned that the company's receivable from Novinger Inc.
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Lyla Apothecary worked as a trainee pharmacist on the weekend and during university holidays for the past 3 years. The average annual earnings were $30,000.
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