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NEW QUESTION: 1
Refer to the Exhibit.
A sole trader, who only has cash sales, banks all cash receipts above the agreed petty cash float of $400.
During week 2 he has the following transactions:
What is the amount banked at the end of week 2?
A. $25
B. $625
C. $425
D. $225
Answer: C
NEW QUESTION: 2
A. Option C
B. Option B
C. Option A
D. Option D
E. Option E
Answer: A,D
NEW QUESTION: 3
Nathalie, an employee of Corporation XYZ, has notice that Bob, one of her coworkers, has been abusing company assets and resources for his own personal gain.
According to good ethics values, what should Nathalie do in this case?
A. Nathalie should not get involved; this is none of her business.
She should simply continue her work day and wait until he gets caught.
B. Report Bob to upper management where a decision about a course of action can be made along with the HR and Legal department.
C. Immediately install a network sniffer and keystroke recorder to monitor Bobs activities.
D. Retaliate by abusing Bobs resources; he does it to the company, hence why not do it against Bob himself.
Answer: B
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