Randolph waters operates a watch repair business in mesa, arizona. He orders most of the watch parts from out-of-state suppliers. he orders watch faces from a supplier in escondido, california. The supplier does not have a sales force but relies on catalogs shipped to watch dealers throughout the country as his means of marketing. Randolph installed several of the supplier's watch faces on his customers' watches. A strange chemical reaction between perspiration and the faces of the watches caused randolph's customers to develop rashes and nausea, with some requiring hospitalization. Randolph wishes to bring suit to recover damages ($100,000) from the escondido supplier. Which of the following statements is true of this scenario? a. randolph must bring suit in california to gain jurisdiction over the supplier. b. randolph has a diversity action that can be brought in federal court. c. randolph will not be able to bring suit in arizona because there are no contacts in the state. d. randolph must bring suit in arizona state court.

Answers

Answer 1

The option Randolph has a diversity action that can be brought in federal court is a true statement

Option C is correct .

Federal Court :

Federal courts are courts of special jurisdiction, meaning they can only hear cases sanctioned by the United States Constitution or federal statutes. The federal district court is the commencement for any case arising under federal statutes, the Constitution, or treaties

What is the jurisdiction of a state?

Jurisdiction refers to the strength of a state to work on persons, property, and circumstances within its territory. It may be utilized through legislative, executive, or judicial actions.

Learn more about federal court :

brainly.com/question/25947870

#SPJ4


Related Questions

The demand and supply curves of a certain brand of running shoes are given by p=D(x)=112−0.04x, and p=S(x)=0.06x+42, where p is the price in dollars and x is the quantity sold. Answer the following: (a) The equilibrium quantity is xE= 700, and the equilibrium price is pE= 84 (b) The producer's surplus at that demand is $14,700 . (c) The consumers' surplus at that demand is $9,800 . (d) The total surpluses at that demand is $24,500. Refer to Exercise #50: A tax of $2.00 will be imposed on the producer for each pair of running shoes sold. Answer the following: (a) The new supply function is p=S(x)= _______. The new equilibrium quantity is xE= 680, and the new equilibrium price is pE= 84.8 (Round to 1 decimal place. (b) The producer's surplus at that demand is $____________. (c) The consumers' surplus at that demand is $9,248. (d) The total surpluses at that demand is $_________. (e) Compare the results from (b) -- (d) to those in Exercise #50, we conclude that the new producer's surplus is reduced, the new consumers' surplus is reduced, and the new total surpluses are reduced.

Answers

The new supply function is p=S(x)=0.06x + 44.  The new equilibrium quantity is xE = 680, and the new equilibrium price is pE = 84.8.

The producer's surplus at that demand is $13,716. (c) The consumers' surplus at that demand is $9,248. (d) The total surpluses at that demand is $22,964. (e) Comparing the results from (b) - (d) to those in Exercise #50, we conclude that the new producer's surplus is reduced, the new consumers' surplus is reduced, and the new total surpluses are reduced.

The producer surplus is defined as the difference between the price at which a product is sold and the minimum price that the producer would have accepted to produce that product. Consumer surplus The consumer surplus is defined as the difference between the maximum price that a consumer would have paid for a product and the price at which it is sold to him/her.

To know more about supply visit:

https://brainly.com/question/28285610

#SPJ11

Cowboy Company's sales employees earn a total of $60,000 per month and are paid on the last working day of the month. Each employee's wages are subject to FICA Social Security taxes of 6.2% and Medicare taxes of 1.45% on all wages. Withholding for each employee also includes federal income tax of 12% and monthly medical insurance premiums of $3,300 for the employees. The employer payroll taxes for Cowboy Company include FICA taxes, federal unemployment taxes of 0.6% of the first $7,000 paid each employee, and state unemployment taxes of 5.4% of the first $7,000 paid to each employee. Prepare the journal entry to record the employer's payroll taxes at January 31 for Cowboy Company. (Assume that none of the employees have reached the unemployment limit of $7,000.) Prepare the journal entry to record the employer's payroll taxes at January 31 for Cowboy Company. (Assume that none of the employees have reached the unemployment limit of $7,000.)

Answers

The journal entry to record the employer's payroll taxes at January 31 for Cowboy Company is given below.

How to depict the journal entry

Date: January 31, 2023

Record the FICA Social Security taxes:

Debit: Payroll tax expense (an expense account)

Credit: FICA Social Security taxes payable (a liability account)

Record the Medicare taxes:

Debit: Payroll tax expense (an expense account)

Credit: Medicare taxes payable (a liability account)

Record the federal unemployment taxes:

Debit: Payroll tax expense (an expense account)

Credit: Federal unemployment taxes payable (a liability account)

Record the state unemployment taxes:

Debit: Payroll tax expense (an expense account)

Credit: State unemployment taxes payable (a liability account)

Once you have the specific amounts for each tax, you can determine the debit and credit values for the journal entries.

Learn more about journal entry on

https://brainly.com/question/28390337

#SPJ1

do projects go from green to red overnight? if they do, what is the likely cause? should a firm-fixed-price contract have been awarded from the erp effort? what is the ultimate goal of a recovery project? do stakeholders expect trade-offs during recovery?

Answers

Projects typically don't go from green to red overnight. A sudden shift from a green status (indicating progress) to red (indicating problems) is often a result of unforeseen events, significant risks materializing, or underlying issues surfacing. This could include factors such as inadequate planning, scope changes, resource constraints, or ineffective project management.

Awarding a firm-fixed-price contract for an ERP (Enterprise Resource Planning) effort depends on various factors, including project complexity, scope clarity, and the level of risk involved. It may or may not be suitable, as different contract types have their advantages and considerations.

The ultimate goal of a recovery project is to restore the project's trajectory towards meeting its objectives, usually by addressing and resolving the issues that caused the project to go off track.

During project recovery, stakeholders often expect trade-offs, such as increased costs, extended timelines, or modified deliverables, to achieve project stabilization and successful completion.

Learn more about contract here:

https://brainly.com/question/27899951

#SPJ11

Describe what makes a computer or an airplane a global product.


WILL GIVE BRAINLIEST IF ANSWERED RIGHT

Answers

It makes is a global product because people around the globe use it. You can see an airport almost everywhere you go. As well as computers

The basic features that make a computer or an aero plane a global product are their work efficiency and speed of delivering data.

What is a global product?

The term "global product" is a combination of two terms: one is global and the second is product. By the term "product," we can understand the thing which is used by each and everyone.

On the other hand, the term "global" is used to denote things that are available in the whole world and used by everyone or most of the people, so the term "global product" means such kinds of products which are used by most of the people in the whole world.

In the present scenario, with the advancement of technology and the burden of work, it's not easy for humans to remember everything and to spend lots of time traveling.

Therefore, the two common global products are computers and airplanes, which are used because of their work efficiency and speed of delivery.

Learn more about global product from here:

https://brainly.com/question/14776552

#SPJ2

The number of shares a corporation has outstanding may exceed the number of shares authorized. This statement is?.

Answers

False that the number of shares a corporation has outstanding may exceed the number of shares authorized. The maximum number of authorized shares that a company can issue to investors is specified in its articles of incorporation.

The actual shares issued or purchased by investors from the accessible number of authorized shares are referred to as outstanding shares.

A company may choose not to issue shares on purpose in order to reduce the risk of a hostile takeover or the loss of organizational majority ownership.

Reserve shares are authorized but not outstanding until they are included in plans for stock options or recovered through third-party warrants.

Learn more on authorized shares here-

httphttps://brainly.com/question/13931207

#SPJ4

20. One way the federal government can control inflation is to increase
A) the money supply.
B) public spending.
C) the tax rate.
D) bank regulation

Answers

One way the federal government can control inflation is to increase public spending.

Therefore, Option B is the correct option.

What is Inflation?

In the field of economics, inflation is the broad term for a rise in the cost of goods and services across an economy. Each unit of currency may purchase fewer products and services as the general price level rises, hence inflation is associated with a decline in the purchasing power of money.

In conclusion, inflation is the term used to describe a long-term, widespread increase in the cost of goods and services throughout the economy, which reduces both consumer and company purchasing power. In other words, a dollar (or whatever currency you choose to pay with) will not buy as much today as it did yesterday.

Learn more about inflation here: https://brainly.com/question/21586910

#SPJ1

Marvel decided that since viewers like to binge-watch an entire season of a show in one sitting on netflix it would create a new channel for getting new offerings to consumers. This reflects a ________ strategy.

Answers

The decision by Marvel to start up a new channel based on what it noticed at Netflix is the Product Development strategy.

Product Development strategy Method used by companies to offer new products to customers. Involves looking at current products to develop newer and better ones.

Marvel looked at the product being offered by Netflix and decided to use it to offer an even better product by opening a channel.

In conclusion, this is product development.

Find out more on development strategies at https://brainly.com/question/24499246.

Concentrated ownership is when there are very few shareholders so that each one gets a. Share of the profits

Answers

Answer:

yes it was correct but i was in shields and i’m going on the right now so it is a

Explanation:

Benny answers questions when he begins car shopping at the mall, three months after he has had his new car, and then a year later. The specific type of survey Benny was involved with was most likely a _____. longitudinal study mall-intercept interview ad-hoc mail survey customer satisfaction survey

Answers

Usage of a vehicle which is a car in the given case and its satisfaction measurement is known by doing option (D): "Customer Satisfaction Survey".

Why is the Customer Satisfaction Survey used?

Customer satisfaction surveys provide detailed information regarding positive and negative opinions, which can help marketers and salespeople improve their efforts.

A customer satisfaction survey may be ineffective unless it generates statistical data that can be analyzed scientifically.

Small business owners utilize customer satisfaction surveys to measure how their organization is viewed by the customers they serve.

A customer satisfaction survey is a marketing tool that companies use to determine how satisfied their customers are with their brand.

Check the link below to learn about the Customer Satisfaction Survey;

https://brainly.com/question/13299436

#SPJ1

A two digit number is such that, the sum of its digit is 13. When the digits are interchanged, the original number is increased by 9. Find the original number. ​

Answers

Answer is 67.

As, 6+ 7

= 13

Also, when 67 is interchanged(76), the original no. is increased by 9.

Econ Chapter 10 assessment pls help!!

Econ Chapter 10 assessment pls help!!

Answers

A loan is to be paid off in 60 days instead of 3 years .This scenario is less risky for the bank since the loan will be repaid quickly, so the bank may be willing to offer a lower interest rate.

What is Interst ?

b. A loan is used to purchase an automobile instead of a house.

A loan for an automobile is generally smaller and less risky for the bank than a loan for a house, so the interest rate may be lower.

c. A loan is made to a person who just changed jobs rather than a person who has been employed at the same job for 10 years.

A person who has been employed at the same job for 10 years is generally considered more stable and less risky for the bank, so they may receive a lower interest rate.

Therefore, the correct answer is option a: A loan is to be paid off in 60 days instead of 3 years.

True or False: A firm's profits have little to do with that firm's ability to grow.

False. A firm's profits are a critical determinant of its ability to grow. Profits are needed to reinvest in the business, pay for research and development, and expand into new markets or products. A firm with low profits may struggle to invest in growth opportunities.

A corporation that operates globally is called a multinational corporation (MNC).

Which of the following statements about multinational corporations (MNCs) is not true?

a. MNCs usually develop new products in their native countries.

b. MNCs usually manufacture products in their native countries because costs usually are lower there.

c. MNCs introduce new technologies to less-developed countries.

d. MNCs usually benefit consumers and workers around the world by supplying products and creating jobs.

The statement that is not true is a. MNCs usually develop new products in their native countries. MNCs may develop new products in any of their global locations, depending on where the necessary resources, expertise, and market demand are located.

Which is not a form of merger used by U.S. firms in the past?

a. vertical mergers. This is not correct. Vertical mergers are a type of merger that has been used by U.S. firms in the past. The other types of mergers include horizontal mergers, conglomerate mergers, and market extension mergers.

Therefore, the correct answer is option d: none of the above (all types of mergers have been used by U.S. firms in the past).

Learn more about Economics here

https://brainly.com/question/8500193

#SPJ1

The major tasks to be done after the event include negotiating the details with the organization involved and coordinating how every aspect of the event is to be managed.
T or F?

Answers

The given statement is true because the major tasks to be done after the event include negotiating the details with the organization involved and coordinating how every aspect of the event is to be managed.

Events are an essential aspect of any corporate, organization, or personal function. The success of an event, however, depends not just on the program, entertainment, or food but also on the overall management and organization of the event. An event planner has to consider many things before and after the event.

Some of the things that should be taken into account before an event include venue selection, catering, entertainment, and so on. However, the major tasks that must be completed after the event include negotiating the details with the organization involved and coordinating how every aspect of the event is to be managed.

You can learn more about event planner at

https://brainly.com/question/29577581

#SPJ11

CAN YALL PROMISE ME U WILL BE NICE TO EVERYONE please and thx

Answers

Answer: yes

Explanation: because yes

YES OFC A MILLION TIMES YES✨

How much is it to start a buissness?

Answers

Depending on what business

Answer:the average cot to start a business is 30,000

Explanation:

You are working part-time at a road construction firm. your boss knows you are learning some statistics in your classes this semester and calls you into the office. he says, "we've taken sample densities from loads of asphalt we've gotten from our supplier. the information from their company says their process produces a consistent density with a standard deviation of 2.65 pounds per cubic foot. here's the data we've collected. can you give me an estimate of the average density that our supplier's process is producing? i want to be 80% confident of the range you provide."

Answers

We can conclude with 80% confidence that the average density created by your supplier's technique is between 143.55 and 145.45 pounds per cubic foot based on the provided data, providing the sample was chosen at random and the sample size was adequate.

We can utilize the Central Limit Theorem and assume that the sample mean follows a normal distribution if the sample is randomly chosen, and the sample size is large enough (n > 30).

We must apply the following formula to determine the confidence interval:

Confidence interval = sample mean ± margin of error

The amount of confidence, sample size, and standard deviation all affect the margin of error. We will choose a z-score of 1.28 (which corresponds to the 80% confidence level) because your boss wants to be 80% confident.

The formula for the margin of error is:

Margin of error = z-score × [standard deviation / √(sample size)]

The standard deviation is 2.65 pounds per cubic foot, as reported. We can see from the data that the sample size is 50. As a result, the error margin is:

Margin of error = 1.28 × (2.65 / √50) = 0.95

The margin of error must be added to and deducted from the sample mean in order to compute the confidence interval. The sample mean, according to the statistics, is 144.5 pounds per cubic foot. Hence, the confidence interval is as follows:

Confidence interval = 144.5 ± 0.95

The confidence interval's lower and upper limits, respectively, are 143.55 and 145.45 pounds per cubic foot. We have 80% confidence that this range encompasses the true average density that your supplier's process actually produces.

To know more about confidence interval, refer:

https://brainly.com/question/16963835

#SPJ4

Complete question is:

You are working part-time at a road construction firm. your boss knows you are learning some statistics in your classes this semester and calls you into the office. he says, "we've taken sample densities from loads of asphalt we've gotten from our supplier. the information from their company says their process produces a consistent density with a standard deviation of 2.65 pounds per cubic foot. here's the data we've collected. can you give me an estimate of the average density that our supplier's process is producing? I want to be 80% confident of the range you provide."

Data Needed: 145.84 141.53 143.85 145.91 154.48 152.34 141.42 153.04 146.92 144.83 146.89 144.46 144.67 148.95 148.73 148.76 146.78 141.8 146.9 149.32 146.3 147.74 146.93 144.2 145.78 142.91 143.33 141.81 144.33 141.21 144.94 143.51 150.77 148.02 138.38 146.17 141.29 144.32 145.44 146.98 144.28 149.18 143.73 145.87 146.76 145.23 145.98 146.25 145.86 147.47 146.07 143.63 143.45

How many states do not have a state minimum wage?

Answers

Five states do not have a state minimum wage.

Alabama, Louisiana, Mississippi, South Carolina, and Tennessee are the only five states without a state minimum wage. The minimum wage in Georgia and Wyoming is less than $7.25 an hour. The $7.25 per hour federally mandated minimum wage is in effect in each of these seven states.

State minimum wage laws must abide by federal minimum wage laws. States are permitted to enact laws that raise, cut, or maintain the federal minimum wage; but, they are not permitted to alter who is excluded from the legislation or the length of a workweek.

Learn more about minimum wage here:

https://brainly.com/question/1486039

#SPJ4

Today, some white-collar
professionals such as teachers and doctors belong to labor unions. Do you think this is a good idea?

Answers

Yes, personally, I think it is a good idea. White-collar professionals belonging to labor unions can enjoy benefits such as increased job security, better salaries and benefits, and a stronger voice in decisions affecting their work.

 

However, it can also result in higher costs for employers and potential conflicts with management, making it a subjective matter with both potential pros and cons. Thus, whether or not white-collar professionals belonging to labor unions is a good idea is subjective and depends on various factors, such as the country, the specific profession, and the goals of the union.

In general, labor unions are organizations that represent the collective interests of workers and negotiate with employers for better wages, benefits, and working conditions. For white-collar professionals such as teachers and doctors, union membership can provide benefits such as increased job security, better salaries and benefits, and a stronger voice in decisions affecting their work.

Learn more about labor unions brainly.com/question/29471771

#SPJ1

Firms that carry preferred stock in their capital mix want to not only distribute dividends to common stockholders but also maintain credibility in the capital markets so that they can raise additional funds in the future and avoid potential corporate raids from preferred stockholders Consider the case of Peaceful Book Binding Company: Ten years ago, Peaceful Book Binding Company issued a perpetual preferred stock issue-called PS Alpha-that pays a fixed dividend of $6. 50 per share and currently sells for $100 per share. Peaceful Book's management team is considering issuing a second issue of perpetual preferred stock. If the new issue tentatively called PS Beta-is actually sold, the company will incur an underwriting (or flotation) cost of 4. 50%. In addition, the underwriters are anticipating the need to pay a dividend of $17. 50 per share to attract new investors, and is expecting to sell the new shares for $99. 00 per share. As a component in Peaceful Book's weighted average cost of capital, PS Alpha shares currently exhibit a cost of: 4. 88% 6. 18% 6. 83% 6. 50%

Answers

Peaceful Book Binding Company is considering issuing a second perpetual preferred stock issue, called PS Beta which is 6.50%.

The company's management team aims to not only distribute dividends to common stockholders but also maintain credibility in the capital markets to raise additional funds in the future and avoid potential corporate raids from preferred stockholders.

The new PS Beta issue has a fixed dividend of $17.50 per share and is expected to sell for $99.00 per share. The underwriting cost associated with this new issue is 4.50%. In terms of Peaceful Book's weighted average cost of capital, the current cost of PS Alpha shares is 6.50%.

To calculate the cost of the new PS Beta shares, we need to take into account the underwriting cost and the dividend paid to attract new investors. The total cost of issuing PS Beta shares is calculated as follows:

Total Cost = (Dividend/Issue Price) + Underwriting Cost
Total Cost = ($17.50/$99.00) + 4.50%
Total Cost = 0.1768 + 4.50%
Total Cost = 4.6768%

Therefore, the cost of the new PS Beta shares is 4.68%. It is lower than the cost of PS Alpha shares, which is 6.50%. This means that the company can use PS Beta to raise additional funds at a lower cost than its existing preferred stock. However, it is important to note that the cost of issuing PS Beta shares is higher than the current risk-free rate, and the company needs to consider whether the cost is justified based on its future growth and profitability prospects.

Learn more about stockholders here:

https://brainly.com/question/18523103

#SPJ11

Grade
Age
Favorite food........

Answers

grade- 12
age 15
food pastaaaa
grade: 9
age: 15
favorite food: pasta

within the planning function, a swot analysis identifies, in part, a firm's

Answers

The correct answer is SWOT analysis helps firms identify both competitive threats and market opportunities.

A SWOT analysis is a high-level strategic planning tool that aids firms in determining their internal and external strengths and areas for improvement. Strengths, Weaknesses, Opportunities, and Threats, or SWOT, is an acronym. Finding and evaluating a company's strengths, weaknesses, opportunities, and threats is a necessary step in doing a SWOT analysis. You may find the parts of your organisation that are doing well by doing a SWOT analysis. These are your crucial success elements, and they provide your company an edge over the competition. You can ensure that you preserve these qualities so that you don't lose your competitive edge by identifying them.

To learn more about SWOT analysis click the link below:

brainly.com/question/21306560

#SPJ4

What describes all of the activities managers do to help companies create goods?
a. Transformation process
b. Production
c. Operations Management
d. Productions Management

Answers

The correct answer is c. Operations Management. Operations Management is a field of management concerned with designing, controlling, and improving the processes used to create goods and services.

This includes activities such as planning, organizing, coordinating, and controlling the resources needed to produce goods, as well as managing the flow of materials and information through the production process. Operations managers are responsible for ensuring that the production process runs smoothly, efficiently, and effectively.

Operations Management is critical to the success of any organization that creates goods or services. Effective operations management can help companies improve productivity, reduce costs, and increase customer satisfaction by ensuring that products are of high quality, delivered on time, and produced at the lowest possible cost.

By managing the production process effectively, operations managers can help companies stay competitive in the marketplace and achieve their strategic goals.

To learn more about  Operations Management click here :

brainly.com/question/30591569

#SPJ11

state any 5 tpyes of legal requirements that will be required to a business​

Answers

Advertising, marketing, finance, intellectual property, and privacy laws.

In the United States in 2016, the percentage of firms that employed between 3 and 199 workers and offered health insurance as a fringe benefit to the workers was about 42%. 29% 55% 98% In the United States, health care spending on people over age 65 is on people aged 18 to 24. six times greater than forty times greater than one third as much as twice as much as Article Summary An Organisation for Economic Co-operation and Development (OECD) report states that administration costs for health care in the United States are the highest in the developed world, accounting for over 8 percent of spending in the health care sector, compared to a global average of about 3 percent. According to the report, expensive surgeries, high pharmaceutical costs, and corrupt practices increased global health care costs, and poor coordination between health care providers, duplication of tasks, and excessive time spent on paperwork all contributed to higher administrative costs. The report also noted that administrative costs are generally lower under government-managed health care systems than with private insurance, but governments could still significantly cut spending and improve patients' health. Source: Alanna Petroff, "U.S. health care admin costs are double the average," money.cnn.com, January 112017. Refer to the Article Summary. The article discusses the high administrative costs of health care in the United States. Even if private insurance companies were more efficient and brought administrative costs down, consumers would still pay less than the full cost of medical treatment. This would result in the market equilibrium price of medical services being than the efficient equilibrium price, and the market equilibrium quantity of medical services being than the efficient equilibrium quantity. greater; less less; less greater; greater less; greater

Answers

The percentage of firms that employed between 3 and 199 workers and offered health insurance as a fringe benefit to the workers was about 42%. The correct option among the given options is 42%.

A report by Organisation for Economic Co-operation and Development (OECD) indicates that administrative costs for health care in the United States are the highest in the developed world, accounting for over 8 percent of spending in the health care sector, compared to a global average of about 3 percent.

The report shows that expensive surgeries, high pharmaceutical costs, and corrupt practices increased global health care costs, and poor coordination between health care providers, duplication of tasks, and excessive time spent on paperwork all contributed to higher administrative costs.

The report by OECD further indicates that administrative costs are generally lower under government-managed health care systems than with private insurance.

However, governments could still significantly cut spending and improve patients' health. It's evident that the healthcare system in the United States is expensive, and it requires significant changes to make it more affordable.

To know more about Economic Co-operation and Development visit :

https://brainly.com/question/31035957

#SPJ11

I WILL MARK BRAINIST IF CORRECT

What is the best way to prevent germs from spending when coughing or sneezing?
Cover mouth with tissue
Cover mouth completely with hand
Sneeze in upper sleeve
Turn head away to sneeze

Answers

Answer:

Cover mouth wirh tissue

Explanation:

The CDC recommends that you cover your mouth and nose with a tissue when you cough and or sneeze.If you find yourself without tissue,cough or sneeze into your upper sleeve rather than your hands.

Answer:

cover mouth with tissue

Which type of degree is earned after a master’s degree?

A:doctorate
B:secondary
C:bachelor’s
D:associate’s

(I asked my teacher and he said it was a Bachelor's Degree, please confirm if this is right or not)

Answers

Answer:

I think it is A. doctorate

After a master's you would get your doctorate. Bachelor is before master's.

When assessing control risk, an auditor is required to document the auditor's:
Understanding of the Entity's Control Environment | Basis for the Auditor's Risk Assessment
(1) Yes No
(2) No Yes
(3) Yes Yes
(4) No No
*Note: The first column of Y/N is for Understanding of the Entity's Control Environment, and the second column is for Basis of the Auditor's Risk Assessment.

Answers

To assess control risk, auditors must document their understanding of the entity's control environment and basis for concluding control risk, making option (3) "Yes Yes" correct.

In auditing, control risk is the risk that a material misstatement will not be prevented, or detected and corrected on a timely basis, by the entity's internal control system. When an auditor assesses control risk below the maximum level, they are required to document their understanding of the entity's control environment, which includes the tone at the top, management's philosophy and operating style, and the entity's risk assessment process.

The auditor must also document the basis for concluding that control risk is below the maximum level, which may include testing the operating effectiveness of controls, obtaining evidence of management's oversight, and evaluating the entity's overall control environment. Proper documentation is essential to support the auditor's conclusions and ensure the quality of the audit.

Option (3) holds true.

Learn more about assessing control risk https://brainly.com/question/31198843

#SPJ11

When assessing control risk, an auditor is required to document the auditor's: Understanding of the Entity's Control Environment | Basis for the Auditor's Risk Assessment: The correct answer is (3) Yes Yes.

When assessing control risk, an auditor is required to document both their understanding of the entity's control environment and the basis for the auditor's risk assessment. Therefore, the auditor should answer ""Yes"" to both columns in the given statement.

The auditor's understanding of the entity's control environment is necessary to assess the effectiveness of the internal controls, while the basis for the auditor's risk assessment is necessary to determine the nature, timing, and extent of the audit procedures to be performed. Both of these are important components of the auditor's assessment of control risk.

Click the below link, to learn more about Auditor's Risk Assessment:

https://brainly.com/question/13117730

#SPJ11

Which of the following affects employers’ decisions on how much to pay their workers? Maximizing costs
Maximizing profits
Minimizing profits
Minimizing benefits

Answers

What  affects employers’ decisions on how much to pay their workers is : Maximizing profits.

What is  profit maximization?

Profit maximization can be defined as the way in which a company or an organization tend to determine the price level that enables them  to maximize profit.

Every company or organization  goals is to make profit based on this company that is determine to make profit must tend to make use of profit maximization approach.

Profit maximization is important as it can tend to lead to sustainable growth for companies which is why  most companies make use of  profit maximization strategy so as to make higher profit.

Therefore what  affects employers’ decisions on how much to pay their workers is : Maximizing profits.

Learn more about Profit maximization here:https://brainly.com/question/15969466

https://brainly.com/question/4171648

#SPJ1

If demand increases and supply stays the same, there will be a _____. Lower equilibrium price and quantity lower equilibrium price and higher quantity higher equilibrium price and quantity higher equilibrium price and lower quantity

Answers

Answer:

Higher equilibrium price and lower quantity

Explanation:

If demands increases and the supply remains same then the equilibrium price of the quantity increases decreases the equilibirium quantity due to high demand of quantity.

Therefore, Correct option is (d) i.e., higher equilibrium price and lower quantity

Answer:

higher equilibrium price and lower quantity

Explanation:

EDGE 2021 :)

What ethical dilemmas do you think professionals in the marketing and advertising industry face? Explain.

Answers

Answer:

knowing how to play on emotions but also not make people feel like terrible human beings?

Explanation:

mikhail owns real estate held for investment with a basis of $400,000 and a fair market value of $650,000. he exchanges it for other real estate with a fair market value of $480,000. in addition, mikhail is relieved of a mortgage on the old property of $200,000, assumes a mortgage on the new property of $100,000, and receives $70,000 in cash. what is mikhail's recognized gain on the exchange?

Answers

Mikhail's recognized gain on the exchange is $20,000. The recognized gain on the exchange is determined using the following formula: Realized Gain - Deferred Gain= Recognized Gain.

Where, Realized Gain = FMV of property received - FMV of the property exchanged (FV of liabilities assumed + cash received) Deferred Gain = If the realized gain exceeds the boot (less than the FMV of the property received), the excess gain is deferred as a result of the boot being received. Mikhail's recognized gain on the exchange is $20,000.

Realized gain FMV of property received: $480,000FMV of the property exchanged: $650,000FV of liabilities assumed + cash received: $100,000 + $70,000= $170,000Realized gain: $480,000 - $650,000 + $170,000= $0 - $20,000= - $20,000 (because the result is negative, Mikhail has not made a profit on the exchange).

Therefore, Mikhail's recognized gain on the exchange is $20,000.

To know more about  gain on the exchange refer here:

https://brainly.com/question/31108245#

#SPJ11

Other Questions
Find the percent of change. Round to the nearest whole percent if necessary. State whether thepercent of change is an increase or decrease. 62 trees to 31 trees100% decrease 100% increase 50% decrease 50% increase Which effect of the chemical industry is a positive one? (1 point) the patient was given an ssri about 60 minutes ago and is now having change of mental status, a rapid pulse, loss of muscular coordination, and hyperthermia. which action should the nurse take first to address this life-threatening condition? on its december balance sheet crane company appropriately reported a 10,000 debit balance in its fair value adjustment account there was no change during 2025 what amount of unrealized loss Map boundaries that are often follows straight lines are referred to as Those who have had difficulty negotiating the _________ stage as children may develop a rigid personality and be very controlling in adulthood. Help I dont get it the last one says negative for d, you will want to mention a specific term/concept that you're describing for why mrp is downward sloping. Explain how these individuals can carry a fusion gene that is transcriptionally active and yet do not develop CML.CML is actually developing in a latent form.A single gene alteration is not the only requirement for CML.Developing CML after the gene fusion can take a long time.None of the above 6. (1) Propaganda is information that is methodically spread in order to persuade audiences to adopt a certain opinion. (2) Advertising is an ever-present form of propaganda in our lives. (3) Four common propaganda techniques are present in the advertising we see and hear every day. (4) One technique, the testimonial, involves having a well-known person appear on behalf of the product being sold. (5) Advertisers assume, for example, that if we admire a sports star, well want to eat the cereal he or she endorses. (6) Another common propaganda technique, the bandwagon, makes us want to be one of the gang. (7) Everybodys switching to . . . Dont be left out . . . and All across America, people are discovering . . . are phrases that signal a bandwagon approach. (8) The plain-folks propaganda technique is especially popular on TV. (9) In plain-folks commercials, we see and hear regular consumers talk about their experience using a certain phone company, headache remedy, or brand of coffee. (10) The fourth common propaganda technique, the transfer, encourages us to link two unrelated objects in our mind. (11) When a powerful cougar prowls around a shiny new car, for example, advertisers hope we will transfer our sense of the wild cats speed, strength, and beauty to our vision of their product. MAIN IDEA What are some actions that may be taken by a nation to reduce interest rates in a country let x \sim exp(2)xexp(2). find a real number a < 1a What are some ways that you can identify non-communicable diseases/health issues in your family? just use your family PLEASEEEE HURRY AND ANSWER THIS! Question:A coefficient is a number listed before a compound or atom, telling how many of the compounds are needed so that the Law of Conservation of Mass is obeyed. Given the information provided, how many iron atoms are there?4 Fe2S3Answers:A.) 4B.) 12C.) 8D.) 2 Chang has 2 shirts: a white one and a black one. He also has 2 pairs of pants, one blue and one tan. What is the probability, if Chang gets dressed in the dark, that he winds up wearing the white shirt and tan pants? Show ALL your work AND write your answer as a fraction, decimal, and percent What is an example of interpretive please show all work!! this is algebra. Please answer the question ASAP. placing the keyword const after the parameter list of a member function means . a. the value returned by the function will be constant b. the function cannot change the value of the implicit parameter c. the function cannot change the value of any explicit parameters d. the function must be a mutator member function In the figure, AE, BF, and CD are the medians of triangle ABC. How can you show that all threemedians intersect at point G?