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Q: What is the Importance and consequences of violation of accounting concepts and principles?
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What did Bill Gates steal?

Nothing he got a mug shot for traffic violation


Who is allowed to change my time card?

Typically only your supervisor is allowed to make changes. It will depend on the rules and procedures set by your company. Normally, making such changes could be considered fraud or a violation of labor laws.


Can a creditor change a reported date if they updated info after its been pd for several years?

No they can't, it is something CA's do all the time to unsuspecting consumers, it is called re-aging and a violation of both FDCPA and the FCRA.


Can a collection company attach your bank account?

Yes, if they obtain a judgment on the past due claim and then file a Motion for Garnishment or Levy on your bank account. They however can not just take this action without the courts, and if they are claiming that they "will" attach your back account then they could be in violation of collections laws that aim to prevent making misleading or fraudulent claims to debtors. If you suspect they are trying to mislead you into thinking if you do not pay them that they will take the balance from your bank account, or that they have the ability to do such actions without explaining the legal process, I would direct you to contact an FDCPA attorney as you may be entitled to damages for their violation of State and Federal collections laws.


How can you stop creditors from calling your house several times a day when you have been making a monthly payment on the account?

Send them a certified letter demanding that they stop, and further demanding that they only contact you via the mail. Advise them that they will be in violation of the Fair Debt Collection Practices Act if they do so.

Related questions

What are the consequences for probation violation for a DUI?

the law max parole violation for a DUI to prison


What is the consequences for violation of probation for owing court cost?

in florida


Lying is never acceptable under which ethical approach?

Under the deontological ethical approach, which is based on principles and rules, lying is considered unacceptable. This approach emphasizes the importance of moral duties and obligations, and lying is seen as a violation of those duties and a breach of trust. It argues that one should always tell the truth, regardless of the consequences.


Failure to obey the principles of the law of war is?

A violation of the Geneva Convention.


Accounting changes are often made and the monetary impact is reflected in the financial statements of a company even though in theory this may be a violation of the accounting concept of?

Consistency


Did Abraham Lincoln think slavery was a violation of fundamental moral and religious principles?

yes he did


What is the difference between rules and procedures?

the difference is that Rules are for undesirable behaviors that have set consequences while procedures are expected classroom behaviors with no set consequences for a violation.


Is there a statute of limitations on a misdeminor probation violation in westchester county n.y.?

Probation violation is not subject to a statute of limitations. You were fully aware of breaking the rules and will have to pay the consequences.


What's the difference between rules and procedures?

the difference is that Rules are for undesirable behaviors that have set consequences while procedures are expected classroom behaviors with no set consequences for a violation.


What is the penalty for a wrong turn violation in Ohio?

Usually with minor violations where are minor consequences. A wrong turn violation usually turns into a fine, or classes along with possible court costs.


What are some possible reasons and situations that result in violation of these principles?

Unfortunately, it is hard to give possible reasons and situations that would result in a violation of principles without know what the principals are. Companies often have a set of principals inplace to keep sure employees always keep the best interest of the company in mind.


What a crime is a violation of?

A crime is a violation of a law that can result in punishment by a governing authority such as a fine or imprisonment. It involves an act that is deemed unlawful based on laws and regulations set by a society or government.