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The annual loss because of crime in the US is estimated at over 100 billion dollars. This includes cyber crimes and other crimes.
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Why does white collar crime affect consumers too?
Because the price of goods and services purchased by the public are raised in order to make up for the loss in revenue to this type of crime.
why Novelty Chemicals bought a Motor Vehicle for$110,000 on January 5, 2016. The estimated usefullife of the vehicle is ten years. The disposal valueis estimated at $10,000. Annual depreciation is onthe straight line method?
Novelty Chemicals bought a Motor Vehicle for $110,000 on January 5, 2016. The estimated useful life of the vehicle is ten years. The disposal value is estimated at $10,000. Annual depreciation is on the straight line method. Required for years 2016, 2017 and 2018: a) The Motor Vehicle A/c. b) The Provision for depreciation A/c. c) The Profit and Loss accounts extracts for annual depreciation. d) The Balance Sheet extracts for motor vehicle and its related depreciation. full question
What was originally defined as a crime punishable by death and or the loss of all rights and property?
A felony was originally defined as a crime punishable by death and/or the loss of all rights and property.
What is estimated insensible loss of fluid over 24 hours?
The estimated insensible loss of fluid over 24 hours period for an adult is 800 mls. This is water loss we are not aware of like when we breath moisture is exhaled from our lungs.
How does crime effect business?
It makes the business run at a loss
AAD stands for what in catastrophe excess loss reinsurance?
Annual Aggregate Deductible
Why did the British decide to settle in Australia after the loss of the American colonies?
They colonized there to put all the prisoners there because of all the un inployment issues and the rise in crime in London
What is used to calculate the annual loss expectancy?
Multiply the single loss expectancy (SLE) and the annualized rate of occurrence (ARO) to obtain the ALE.
The lower portion of a glacier where there is an annual loss of ice due to melting?
Ablation Zone
What best exemplifies a contingency that is reported in the notes to the financial statements?
Estimated loss from an ongoing lawsuit
How does crime impact a business?
Crime can effect business in a lot of ways. - Can loose money through people stilling items from them. - if someone stills an item they don't have to pay for it affecting the business
When does and incurred loss occur?
An incurred loss occurs when there is objective evidence that a loss event has occurred before the financial statements are issued and the amount of the loss can be reasonably estimated. In other words, it happens when a company has experienced a loss or is aware of the likelihood of a loss and can reasonably estimate the amount of that loss.
