Question 1
By removing a tangible asset from the business (a debit), the books will be ___________ by the exact amount of the tangible asset misappropriated.
Question 2
Maintain the presence of a manager or supervisor near the area of the cash register as a deterrent to theft is a prevention for:
Question 3
_________ assumes the business will go on indefinitely in the future.
Question 4
_________ normally are carried on an organization's books as expenses because they tend to be consumed by the organization within a year of purchase.
Question 5
____________ corrupt employees can cause inventory to be fraudulently delivered to themselves or accomplices.