An attest engagement is one in which a CPA engaged in public practice is asked to issue, or actually does issue, a report on the subject matter.
An assertion about the subject matter, that is the responsibility of another party (typically management).
An independent audit of a company's financial statements by a certified public accountant (CPA) is known as an attest service or attestation service. The CPA provides an attestation report that includes judgments regarding the accuracy of the data.
The following services or formats are included in attestation engagements: agreed-upon procedures, past, present, or projected financial data, compliance, and physical qualities like facility size that are crucial in commercial sales.
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What is the gross income for a real estate agent in 2021?
Answer:
It depends on where you live and your experience level, but in the US a real estate agent can make approximately $82,898 a year, while you can expect to be paid around 15 to 30 thousand a year, within the first few years.
I hope this helps :)
9. If you found that you were in financial trouble because of credit and had great difficulty paying your monthly bills, what would you do?
Answer:
You would have to cut down on some luxuries, like lots of foods, amusement parks, shopping trips, etc. If you have have extra hours, work more hours, quite possibly take another job.
Explanation:
Explain how Naïve Bayes Model works effectively? Give Five (5)
points
Naïve Bayes Model is a probabilistic method that uses Bayes theorem. It is a classification method that is used for the classification of objects that have certain characteristics, it's simple to implement and generates accurate results, but it has a basic assumption that the attributes are independent of one another.
Here are five ways that Naïve Bayes Model works effectively:1. The model is easy to implement and is relatively straightforward to understand. It is also computationally less complex and has a high speed of training.2. The algorithm works effectively even when the data is skewed or when the data set is too large.3. Naïve Bayes is very effective in identifying spam or non-spam emails, making it very useful for email filtering.4. The model has a low probability of overfitting, even with complex datasets.5. The model is particularly useful in cases where there are multiple classes in the dataset and the variables are independent of each other.
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Approximately what portion of global employers tends to use social media websites to hire new employees?
A.
30 percent
B.
40 percent
C.
50 percent
D.
60 percent
E.
70 percent
I'm pretty sure it is B. 40 percent
The portion of global employers who tends to use social media websites to hire new employees is approximately 30 percent.
What do you mean by employees?A person refers to the employee who gets paid to work for a person or company.
The approximate portion of global employers who tends to use social media websites to hire new employees is 30 percent.
Therefore, A is the correct option.
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The economy of the United States is BEST described as
A. noncompetitive
B. socialistic
C. government-owned
D. market-based
E. not-for-profit
Answer:
i believe the answer is b
Explanation:
because the us economy is best described as mixed ( capitalism & socialism) so i think its b
Which one of these items is NOT a processed material?
O Paper
O Steel
O Sand
O Glass
For the next 7 Questions. Natalie is in charge of inspecting the process of bagging potato chips. To ensure that the bags being produced have 24.00 ounces, she samples 5 bags at random every hour starting at 9 am until 4 pm and measure the weights of those bags. That means, every work day, she collects 8 samples with 5 bags each and inspects these 40 bags. Which of the statement(s) is(are) true? of Select one or more: a. The sample size is 5
b. The sample size is 8. c. The number of samples is 8 d. The sample size is 40 e. Each day she collects a total of 40 observations. Natalie is interested in whether the bagging process is in control. She asks you what types of control charts are recommended. It of Select one: a. x-bar and p
b. x-bar and R. C. P and R d. p and c e. R and c
a. The sample size is 5 and c. The number of samples is 8.The sample size is the number of observations in a single sample.
Here, Natalie samples 5 bags every hour for a total of 8 hours. As a result, the sample size is 5. There are a total of 8 samples per day. The statement c. The number of samples is 8 is also true. Each day, Natalie collects a total of 40 observations. The total number of bags inspected is 40.
The process of bagging potato chips may be controlled using X-bar and R control charts. The X-bar chart is used to track the mean of a continuous variable, such as the weight of a bag of chips. The R chart, on the other hand, tracks the variability of a process.
To determine whether the bagging process is in control or not, the X-bar and R control charts may be used. They are the most effective chart types for ensuring that a process is under control, according to best practices in statistical process control.
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What is NOT a major purpose of orientation and socialization? A.. Contribute to the organization's bottom-line goals B. Maximize the potential for litigation with people who claim to be rejected on a discriminatory basis C. Ensure that the organization's financial investment in employees pays off D. Help hire and place applicants in the best interest of the organization and individual
Answer:
B. Maximize the potential for litigation with people who claim to be rejected on a discriminatory basis
Explanation:
Orientation in a new workplace is a term that describes a form of onboarding process which includes general or property related areas of the firm, like company standards and policies, firm culture, and job-specific aspects of responsibilities.
Also, Socialization in this regard is a form of arrangement, introduced to the values, norms, and behaviors that are required in order to be successful in the organization.
Hence, considering the available options, what is not a major purpose of orientation and socialization is option B: Maximize the potential for litigation with people who claim to be rejected on a discriminatory basis
QUESTION 7 of 10: Which is NOT a use for market research?
a) Identifying what services customers want
Ob) Deciding what merchandise to sell
O c) Determining tax deductions
O d) Forecasting sales
Submit
Answer:
The answer would be b, determining tax deductions
Explanation:
All three of the other points are ways you can find out customers needs and wants, however tax deduction is used to figure out how much tax is owed.
which employee is likely to be the best employee? multiple choice high in agreeableness high in consientiousness high in neuroticism high in extraversion high in openness
The top workers are always looking for new methods to develop themselves and give more to the business. They pay attention, consider criticism seriously, and are receptive to new ideas.
They don't hesitate to ask inquiries or look for assistance when necessary. Successful workers aren't scared to voice their opinions or offer suggestions. They also know how to control their enthusiasm so that it doesn't lead to tearing down existing procedures or concepts.
But rather to discover ways to work together to be more productive and enhance the results of existing procedures. Someone who can be trusted by management to do a good job is a good employee.
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12. As the second trial began, what happened to Ruby Bates?
She was missing and they could not find her.
Which of the following items may be a good consideration in selecting a bank? I. The bank sends a representative to the local mall to promote new applications. II. Number of ATMs or bank branches near where you live, shop, work, or travel. III. Knowledge of personal usage habits and needs. A. I and II b. II and III c. I and III d. I, II and III Please select the best answer from the choices provided A B C D.
The good consideration while selecting a bank includes:
number of near ATMs or bank branches.knowledge of personal usage habits and needs.What is meant by good consideration?The consideration here means the act of assessing the favorable condition over unfavorable condition while trying to select a bank.
So, the good consideration while selecting a bank includes number of near ATMs or bank branches and knowledge of personal usage habits and needs.
Therefore, the Option B is correct.
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Answer:
b
Explanation:
what is project a's discounted payback? do not round intermediate calculations. round your answer to four decimal places.
Discounted Payback Period of Project A can be calculated as Years Before Full Recovery + (Unrecovered Cost at Start of Year / Cash Flow during Year). Hence, the discounted payback period for Project A is 2.5866.
In order to calculate Project A's discounted payback period, the following formula can be used:
Discounted Payback Period = Years Before Full Recovery + (Unrecovered Cost at Start of Year / Cash Flow during Year)
Here, we need to determine the unrecovered cost at the start of year and the cash flow during the year for each year and then calculate the discounted payback period accordingly. The discount rate for Project A is given as 12%.
Year 0: Unrecovered Cost = -2000
Year 1: Cash flow = 800, Present Value = 800/(1+0.12) = 714.29
Year 2: Cash flow = 1100, Present Value = 1100/(1+0.12)^2 = 853.86
Year 3: Cash flow = 1500, Present Value = 1500/(1+0.12)^3 = 1013.14
Year 4: Cash flow = 1900, Present Value = 1900/(1+0.12)^4 = 1202.62
Year 5: Cash flow = 2400, Present Value = 2400/(1+0.12)^5 = 1381.03
The unrecovered cost is fully recovered in Year 2, so the discounted payback period can be calculated as follows:
Discounted Payback Period = 2 + (2000 - 714.29)/(853.86) = 2.5866 (rounded to 4 decimal places)
Therefore, the discounted payback period for Project A is 2.5866.
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What is the total annual dividend received from
owning 100 shares of stock A, if Company A
issues a $0.20 quarterly dividend to its
shareholders?
There are 4 quarters to a year.
0.20 x 4 = $0.80 per year per stock
100 x 0.80 = $80 per year.
answer: $80
Which problem is more likely to affect a partnership than a corporation?
O A. It is overly expensive and complicated to get started.
O B. Shareholders may remove the owners from the company.
O C. There are too many legal regulations controlling the business.
O D. The business may end if one owner chooses to leave.
Answer:
D.The buisness may end...
Explanation:
Have an amazing day :)
The answer is Option D.
What is the main difference between a corporation and a partnership?In a partnership, co-owners report their share of the business's income and losses on their personal tax returns. A corporation, which is formed by filing articles of incorporation, is a legally separate business entity owned by shareholders. An elected board and board-appointed officers manage the corporation.
What is a disadvantage of a corporation compared to a partnership?Corporations cost more to set up and run than a sole proprietorship or partnership. For example, there are the initial formation fees, filing fees, and annual state fees. These costs are partially offset by lower insurance costs. Formal organization and corporate formalities.
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Compute the stock turnover for a product that has sales of 900 units and an average of 60 units in inventory.
Answer:
15
Explanation:
900/60=15
15 times is the stock turnover. The stock turnover rate is a common measure of stock performance. This rate represents the number of times a company's stock is 'turned over,' or replaced, in a given year.
Why is stock turnover important to a business?
In essence, inventory turnover is your annual inventory average. It shows how many times your company sold and replaced inventory over a given time period. This figure is significant because it allows companies to plan their financial future.
Given
Sales = 900 units
Average Inventory = 60 units
Required to calculate Stock turnover =?
Stock Turnover = Sales / Average Inventory
= 900 / 60 = 15 times
Thus, the stock turnover is 15 times for a stock that has sales of 900 units and an average of 60 units in inventory.
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what is the practice of selling products in a foreign market for less than in its home country?
The practice you are referring to is known as "dumping." It involves selling products in a foreign market for less than what they are sold for in the home country. This practice is often used as a strategy to gain a competitive advantage in a foreign market.
Dumping is considered illegal under international trade laws, as it can harm domestic industries in the foreign market. The practice can lead to price discrimination, where consumers in the foreign market have access to products at a lower price than domestic consumers. This can lead to unfair competition and result in the loss of jobs in the domestic industry.
Dumping is often used by companies to clear excess inventory or to gain market share in a new market. It can also be used as a predatory pricing strategy, where a company deliberately sets prices lower than the cost of production to drive competitors out of the market.
To prevent dumping, governments may impose anti-dumping duties on imported goods. These duties are designed to level the playing field and protect domestic industries from unfair competition. In some cases, anti-dumping measures can lead to trade disputes between countries, as the affected countries may challenge the legality of the measures under international trade rules.
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Pick an object in your house. Now come up with a new, innovative use for the object. You're going to come up with a marketing plan for your new product. Your plan must include the following parts: Identify your target market. Outline your strategy with specific steps you'll take.
Answer:
apple
Explanation: People will enjoy the apple, I will make commercials of people eating them so they get hungry.
Answer:
Youve heard of a water bottle well to be enviromentally friendly i came up with a new invention a ring dish out of a water botle youve seen the bracelets and jewlery but you havent seen a ring dish or a phone case they are enviromentally safe, scratch resistant, they are cute.
Explanation:
just a little idea i came up with\
3.
What is the importance of trade?
The management of Asteria Inc. is studying the financial reports and statements of the company for the current accounting period. Which
accounting head is a part of an off-balance sheet item?
A.
copyrights
В.
bank loan
C.
prepaid office rent
D.
operating lease
Answer:
В. bank loan
Explanation:
A balance sheet shows the total net worth of a business at the end of a financial year. It shows the assets of a business on one side and equity and liabilities on the other.
A balance shows the assets of a business and how they have been financed. On the liabilities, the balance sheet will indicate the short term and long term liabilities. A bank loan represents money obtained from the banks on credit. Bank loan will be a subheading on the liabilities side, especially if the business has loans from different banks.
Answer:
Its D operating Lease
Explanation:
Draw a chain of command for one of the following: (PLEASE FAST)
- School
- A club or organisation you are involved with (sports teams\music)
Answer:
sports
Explanation:
whoever is paying the Coach(school,college etc...)>Coach>team captain/cocaptains>other players
cpa ellen stout performs the audit of the local symphony society becahsuye of her good work she was elected honorary member of the borad
CPA Ellen Stout performed an audit for the local symphony society and was elected an honorary member of the board.
Ellen Stout, a certified public accountant (CPA), conducted an audit for the local symphony society. An audit is a systematic examination of an organization's financial records and operations to ensure they are in compliance with accounting standards and regulations. As a result of her good work and positive impact on the society, Ellen Stout was elected as an honorary member of the board of the local symphony society. This recognition of her contribution and expertise highlights the importance of high-quality auditing in ensuring the financial health and accountability of organizations. It also shows that individuals who perform audits can become valued and respected members of the organizations they work with.
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What are taco meat made out of my mom won’t tell me?
Answer:
beef
Explanation:
it depends on what type of taco meat but it's mostly beef
1. ____ includes studying what people want and designing a product's packaging
A.Marketing
B.Management
2.Shopping at Walmart and paying cash for your purchases is a marketing strategy called ____
A.Promotion
B.Pricing
What are some of the challenges the federal and state governments face in trying to implement a fair tax system?
Give at least three concrete facts to support your answer. (please don't copy other answers)
Answer:
taxation should follow the four principles of fairness, certainty, convenience and efficiency. Fairness, in that taxation should be compatible with taxpayers' conditions, including their ability to pay in line with personal and family needs.Tax administration must be free of corruption and able to address all the challenges that come its way. These challenges may involve tax collection, management of taxes and duties at borders, introduction of an effective Value Added Tax or sales tax, and administration of developing law. The primary purpose of a tax is to raise revenue for governmental activities, rather than to influence business and personal decisions. Economic growth and efficiency The tax system should not unduly impede or reduce the productive capacity of the economy.
Costs in the short run versus in the long run Ike's Bikes is a major manufacturer of bicycles. Currently, the company produces bikes using only one factory. However, it is considering expanding production to two or even three factories. The following table shows the company's short-run average total cost (SRATC) each month for various levels of production if it uses one, two, or three factories. (Note: Q equals the total quantity of bikes produced by all factories.) Suppose Ike's Bikes is currently producing 300 bikes per month in its only factory. Its short-run average total cost is pike. Suppose Ike's Bikes is expecting to produce 300 bikes per month for several years. In this case, in the long run, it would choose to produce bikes using On the following graph, plot the three SRATC curves for Ike's Bikes from the previous table. Specifically, use the green points (triangle symbol) to plot its SRATC curve if it operates one factory (SRATC 1
); use the purple points (diamond symbol) to plot its SRATC curve if it operates two factories ( SRATC 2
); and use the orange points (square symbol) to plot its SRATC curve if it operates three factories (SRATC 3 ). Finally, plot the long-run average total cost (LRATC) curve for Ike's Bikes using the blue points (circle symbol). its SRATC curve if it operates one factory (SRATC ); use the purple points (diamond symbol) to plot its SRATC curve if it operates two factories ( SRATC 2
); and use the orange points (square symbol) to plot its SRATC curve if it operates three factories (SRATC 3
). Finally, plot the long-run average total cost (LRATC) curve for Ike's Bikes using the blue points (circle symbol). Note: Plot your points in the order in which you would like them connected. Line segments will connect the points automatically. In the following table, indicate whether the long-run average cost curve exhibits economies of scale, constant returns to scale, or diseconomies of scale for each range of bike production.
In the short run, some of the factors of production cannot be adjusted. Ike’s Bikes is a bicycle manufacturing company. Currently, the company produces bikes using only one factory.
The firm is considering expanding production to two or even three factories. The table below shows the company’s short-run average total cost (SRATC) each month for different levels of production if it uses one, two, or three factories. The production quantity Q is the total amount of bikes produced by all factories. Suppose Ike’s Bikes is currently producing 300 bikes per month in its only factory, and the SRATC is pike. It will choose to produce bikes using three factories in the long run if it plans to produce 300 bikes per month for several years. Below is the graph illustrating the three SRATC curves for Ike’s Bikes from the table.
The green points represent its SRATC curve if it operates one factory (SRATC 1); the purple points represent its SRATC curve if it operates two factories (SRATC 2); and the orange points represent its SRATC curve if it operates three factories (SRATC 3). The blue points represent the long-run average total cost (LRATC) curve for Ike’s Bikes.
Plotting the graphs and using them to answer the question, we have:Economies of Scale occur when an increase in the production quantity results in a more than proportionate increase in output, resulting in lower costs.
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How did speculation and margin buying cause stock prices to rise?
Speculation and margin buying cause stock prices to rise Because of margin buying, investors stood to lose large sums of money if the market turned down, or failed to advance quickly enough.
shares are a kind of safety that offers stockholders a share of ownership in a business enterprise. stocks are also called “equities. “An inventory is a well-known time period used to explain the ownership certificates of any organization. A percent, alternatively, refers to the inventory certificates of a particular enterprise. keeping a selected company's share makes you a shareholder. Description: shares are of kinds—common and desired.
Inventory is a type of investment in a company. organizations problem inventory shares to elevate money that allows you to finance operational dreams and to gasoline growth, and traders buy the one's inventory shares for the opportunity to generate a pass lower back on their investment. A percentage is an economic device that represents the aspect of ownership of an enterprise. A stock is a financial tool that represents element possession in one or greater establishments.
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need help
(10 marks) 4. Identify FOUR (4) important elements in the principles of effective communication. Provide relevant example to support your answer. (10 marks)
Effective communication is the key to success in both personal and professional aspects of life. It is important to understand the principles of effective communication to communicate better with people.
The following are the four important elements in the principles of effective communication along with relevant examples:1. Clarity: Clarity is an essential element of effective communication. It ensures that the message is easily understood by the recipient. 2. Listening: Listening is an important element of communication that is often overlooked. It involves not only hearing what the other person is saying but also understanding and empathizing with their perspective. 3. Feedback: Feedback is crucial for effective communication as it ensures that both parties understand each other. It can be in the form of verbal or non-verbal cues.
4. Non-verbal communication: Non-verbal communication plays a significant role in communication. It includes gestures, facial expressions, tone of voice, and body language.By understanding and implementing these elements, one can communicate better and achieve better outcomes in both personal and professional life.
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what designation would be most appropriate for those cpas possessing is audit, control and security skills?
The Certified Information Systems Auditor (CISA) credential is the industry benchmark for individuals with careers in information systems, namely auditing, control, and security.
What is the audit process?The audit process typically consists of four stages: planning (also known as survey or preliminary evaluation), fieldwork, audit report, and follow-up review, though each audit process is distinctive in its own way. At each level of the audit process, client participation is crucial.
What is the audit introduction?An audit is defined as "an impartial review of financial information of any entity, whether profit oriented or not, irrespective of its size or legal form, when such an examination is done with a view to offer an opinion thereon."
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The opportunity recognition process contains all of the following except:
A. work experience
B. reformation
C. entrepreneurial alertness
D. networks
The opportunity recognition process contains all of the following except "reformation." The opportunity recognition process refers to the steps involved in identifying and assessing potential business opportunities. These steps typically involve gathering information, evaluating market trends, and analyzing customer needs and preferences.
The correct answer is B. Reformation
Some of the key factors that contribute to successful opportunity recognition include entrepreneurial alertness, the ability to identify emerging trends and market gaps, and access to relevant networks and resources. However, "reformation" is not typically considered to be a core component of the opportunity recognition process. The opportunity recognition process does not include reformation. The process typically involves work experience, entrepreneurial alertness, and networks.
Opportunity recognition is an essential part of entrepreneurship, as it focuses on identifying and seizing new business opportunities. Work experience, entrepreneurial alertness, and networks are all crucial elements in recognizing opportunities, as they provide the necessary knowledge, skills, and connections to create a successful venture. Reformation, however, is not directly related to the opportunity recognition process and is therefore not included.
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