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Q: To conceal defalcations involving receivables a dishonest bookkeeper charge what accounting?
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Why Are safeguards needed in trust accounting?

Because a trustee has sweeping power over the trust property and a dishonest trustee could convert the trust assets to their own use quite easily. Beneficiaries should always insist on a regular accounting.Because a trustee has sweeping power over the trust property and a dishonest trustee could convert the trust assets to their own use quite easily. Beneficiaries should always insist on a regular accounting.Because a trustee has sweeping power over the trust property and a dishonest trustee could convert the trust assets to their own use quite easily. Beneficiaries should always insist on a regular accounting.Because a trustee has sweeping power over the trust property and a dishonest trustee could convert the trust assets to their own use quite easily. Beneficiaries should always insist on a regular accounting.


Definition information asymmetry and relationship to accounting?

So here's what's up - two issues combine to create one big problem for business owners (and thus for investors): First - there are Agency problems which basically say that Managers and Business Owners have different priorities - for instance, even though owners hire managers to run their business, managers often want to both make as much money as they can and do as little work as possible...two things which reduce the profits of the business owner. Second - there's a problem of Information Asymmetry. This is just a verbose way of saying that the manager actually knows MORE about the business and about his/her own work than the business owner does. The more that the manager knows but the owner does not - the more opportunity the manager has to be dishonest. This relates to accounting in a few ways, but I'll just go into the most basic reason. Business owners and investors rely on financial reporting - a product of accounting - to make all sorts of decisions - one of those decisions is how much to pay the CEO (if anything). However, these financial reports have an inherent credibility issue because managers have a pretty good idea how truthful and accurate they are, but investors do not. In response, investors hire a bunch of auditors to come in check things out, to make sure that the financial reports are pretty much what they seem to be.


What happens to the vendor and store copy of a credit card receipt after it has been signed?

== == Some might be kept safely as proof that the purchase occured and the customer actually did sign for it.Some are strictly electronic and no paper copy is available.Some cashiers just throw them away, this is the dangerous part.A dumpster diving theif, or dishonest cashier could retrieve these receipts and use them to commit fraud, and theft by fraud, although usually only the last 4 digits of the credit/debit card are printed on the receipt. Always make a note of the purchase and destroy (burn or shred) the receipt, and check your credit report every 3 months.Hope this helped, please 'Recommend Contributor'== == Some might be kept safely as proof that the purchase occured and the customer actually did sign for it.Some are strictly electronic and no paper copy is available.Some cashiers just throw them away, this is the dangerous part.A dumpster diving theif, or dishonest cashier could retrieve these receipts and use them to commit fraud, and theft by fraud, although usually only the last 4 digits of the credit/debit card are printed on the receipt. Always make a note of the purchase and destroy (burn or shred) the receipt, and check your credit report every 3 months.Hope this helped, please 'Recommend Contributor'


What to do if customer claims wrong change?

Not as easy an answer as you would want. If you haven't closed the cash drawer, check quickly to see if any bills are in the wrong place. A $20 in the $5 drawer would indicate that the customer gave you a $20 and you gave her change for a $5. If you've closed the drawer, though, your company's policy probably says that you can't do that until they've reconciled the books. Sure to make your customer angry, but it's probably a policy based on the many times retail outlets have been scammed by dishonest customers claiming wrong change. It's an easy mistake to make and a difficult one to reconcile.


Do you get more money if you file jointly or single?

If you suspect your spouse is being dishonest, is involved in some criminal activity, or can't pay their tax liability, it is better to file separately. In terms of the amount of tax you will pay, it is rarely, if ever, advantageous to file separately. The tax rates are higher and you lose many tax benefits such as the ability to make a full Roth IRA contribution. But if you want to be sure you aren't one of the .000001% of cases where it is better to file separately, calculate your taxes both ways and see. However, some states (most notably Ohio) have a quirk in their tax laws that might make filing separately better in certain cases. But these states require you to file the same way as you filed your federal taxes. In that case, you need to calculate whether the state tax savings make up for the extra federal taxes you'll be paying.

Related questions

Prefix for honest?

dis-honest


If Patricia is dishonest, then Narda is dishonest; Patricia is dishonest; therefore, Narda is dishonest. What isa the answer Seductive reasoning or inductive reasoning?

Deductive*


What is a sentence using dishonest?

he is a dishonest boy


What part of speech is the word dishonest?

Dishonest is an adjective.


What is a sentence for the word dishonest?

Billy Bob was being dishonest when he said that he was finished doing his homework.


What is a good sentence with the word dishonest?

I think most politicians are dishonest. Don't be dishonest if you want people to like you.


Why Are safeguards needed in trust accounting?

Because a trustee has sweeping power over the trust property and a dishonest trustee could convert the trust assets to their own use quite easily. Beneficiaries should always insist on a regular accounting.Because a trustee has sweeping power over the trust property and a dishonest trustee could convert the trust assets to their own use quite easily. Beneficiaries should always insist on a regular accounting.Because a trustee has sweeping power over the trust property and a dishonest trustee could convert the trust assets to their own use quite easily. Beneficiaries should always insist on a regular accounting.Because a trustee has sweeping power over the trust property and a dishonest trustee could convert the trust assets to their own use quite easily. Beneficiaries should always insist on a regular accounting.


How do you use the word dishonest in a sentence?

Dishonest is an adjective in a sentence. It means not to be honest.He was so dishonest, nobody at school could trust him.If you're dishonest, people's trust in you can be broken.


What is the suffix of dishonest?

"Dis" is a prefix. "Honesty" is the root word. "ly" would be a suffix, as "Dishonestly".


What is the duration of Are Crooks Dishonest?

The duration of Are Crooks Dishonest? is 780.0 seconds.


Are animals ever dishonest?

animals can't talk so how could they be dishonest.....


How can a person tell if their lawyer is being dishonest with them?

A lawyer being dishonest, unheard of