a. how likely you are to pay them back
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Business, 09.10.2019 02:00 AnimePo2020
Why does your credit score tell lenders about you
a. how likely you are to pay them back
b. how many jobs you have had
c. where you grew up
d. how much money you paid in taxes
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Answers: 3
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Management discovers that a supervisor at one of its restaurant locations removes excess cash and resets sales totals throughout the day on the point-of-sale (pos) system. at closing, the supervisor deposits cash equal to the recorded sales on the pos system and keeps the rest.the supervisor forwards the close-of-day pos reports from the pos system along with a copy of the bank deposit slip to the company’s revenue accounting department. the revenue accounting department records the sales and the cash for the location in the general ledger and verifies the deposit slip to the bank statement. any differences between sales and deposits are recorded in an over/short account and, if necessary, followed up with the location supervisor. the customer food order checks are serially numbered, and it is the supervisor’s responsibility to see that they are accounted for at the end of each day. customerchecks and the transaction journal tapes from the pos system are kept by the supervisor for 1 week at the location and then destroyed.what control allowed the fraud to occur?
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You know the right answer?
Why does your credit score tell lenders about you
a. how likely you are to pay them back
a. how likely you are to pay them back
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