In order to be unlawful sexual harassment, regardless of whether it is an advance or other conduct, the conduct must be gender based and must always be _________________. [BLANK-1]

Identify three (3) practices an employer may lawfully use to reduce the risk of hiring violence prone employees.

Company VT expects variable selling expense to be $5 per unit sold.  Company VT expects to sell 500,000 units of product in year 2026.  However, they actually sold 450,000 units during 2026. Their actual variable selling expense for year 2026 was $2,459,000.  What is Company VT’s flexible budget variance in variable selling expense during 2026?

Which of the following is true about internal cost allocation?

Which of the following is true about occupational fraud?

Title VII of the Civil Rights Act of 1964 prohibits discrimination on the basis of five (5) characteristics. Identify them.

Identify five (5) attributes of a well written sexual harassment policy.

Vermont Corporation makes one product and has provided the following information:   Budgeted Selling price per unit  $98    Budgeted unit sales, February  11,000    Budgeted raw materials required per unit of output  5 pounds    Budgeted raw materials cost per pound  $3.00    Budgeted Direct Labor required per unit of output  2.5 hours    Budgeted Direct Labor wage rate  $18.00 per hour    Predetermined manufacturing overhead rate per DL hour (all variable)  $11.00 per hr    Budgeted variable selling and administrative expense  $2.70 per unit sold    Fixed selling and administrative per month  $43,800Vermont Corporation makes one product and has provided the above information about it:Assume that in February Vermont Corporation actually sold 10,500 units. How much is Vermont’s budgeted operating income or loss on their February flexible budget income statement? 

Vermont Corporation makes one product and has provided the following information:   Budgeted Selling price per unit $98 Budgeted unit sales, February 11,000 Budgeted raw materials required per unit of output 5 pounds Budgeted raw materials cost per pound $3.00 Budgeted Direct Labor required per unit of output 2.5 hours Budgeted Direct Labor wage rate $18.00 per hour Predetermined manufacturing overhead rate per DL hour (all variable) $11.00 per hr Budgeted variable selling and administrative expense $2.70 per unit sold Fixed selling and administrative per month $43,800   How much is the budgeted operating income or loss in Vermont’s February master (aka static) budget income statement?

(20 points) Fill in your responses to the questions that follow in the text box below.  Make sure to thoroughly and directly answer each question asked.    Terry Shaw was the accountant for a small business. Terry’s wife really liked to shop, and it was causing Terry lots of stress about how he would pay for his wife’s purchases.  Believing he should be earning twice his salary because the company hadn’t given raises in several years, Terry added a “ghost” (aka fictitious) employee to the payroll, which was easy enough to do since he managed the bank accounts, payroll records, and the accounting records. Every pay period, he generated a paycheck to the nonexistent ghost, but thanks to the company’s direct payroll deposit, the money actually went straight to Terry’s bank account. The bank evidently never noticed the discrepancy. During a surprise audit of the payroll account, Terry mysteriously left town. It didn’t take the auditors long to match the direct deposits and uncover the scheme, which cost the company $176,000 over three years.             (Adapted from: Small Business, Big Losses by Joseph T. Wells, Journal of Accountancy, December, 2004)               First, which (of the three major) categories of occupational fraud does this fraud fall into?    Second, (a) identify and (b) define each of the three elements of the fraud triangle.  Then, (c) explain where each of the three elements of the fraud triangle were present in this fraud case.      Third, outside of generally stating “improve internal controls”, describe at least one specific action or policy that this company might have taken/implemented to reduce the risk of this fraud occurring?