When a company changes auditors, the successor must discuss with the predecessor matters bearing on the engagement prior to accepting the engagement. So, correct option is C.
The successor auditor has the responsibility to discuss with the predecessor auditor matters bearing on the engagement prior to accepting the engagement. This communication between the successor and predecessor auditors is essential to ensure a smooth transition and exchange of relevant information.
The purpose of this discussion is to enable the successor auditor to obtain a better understanding of the client, including any significant issues or concerns that may impact the audit engagement. It allows the successor auditor to assess the risks associated with accepting the engagement and to plan their audit procedures accordingly.
While the predecessor auditor is not obligated to initiate contact with the successor auditor, they do have a responsibility to respond fully and provide relevant information when inquiries are made by the successor auditor.
This collaboration between the successor and predecessor auditors helps maintain the continuity of the audit process and facilitates the effective and efficient conduct of the audit.
So, correct option is C.
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Which of the following is an Internet job search “do”?
a.
Post your résumé without considering your privacy
b.
Pay attention to all directions before responding to job postings
c.
Assume that e-mail is informal, private, or temporary
d.
Take a passive role during your online job search
The option that corresponds to an Internet job search “do” is alternative b. Pay attention to all instructions before responding to job postings.
Is it effective to look for a job on the internet?Yes, because the internet is a means of mass communication capable of reaching a large number of people, so companies are increasingly interested in publicizing their vacancies through online platforms, such as job sites and professional social media, such as the linkedin.
It is essential that the candidate identifies the vacancy he wants to apply for and analyzes the essential information, such as the company, field of activity, level of experience and education required for the vacancy, and fills it out correctly to have his application validated.
Therefore, looking for a job through the internet is an effective, objective and fast way to identify vacancies aligned with your professional profile, and the candidate must analyze the instructions to compete for real vacancies that can evolve to the achievement of a position in the job market.
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Barry Olson has mastered strong technical skills as the manager of a large toy store. He is very skilled at all the aspects of managing the store and the employees of the store. Soon, he will take a new position as regional manager for several toy stores. His boss remarked to him last week that he will be utilizing his _____ skills to communicate, coach, and motivate managers who have positions similar to his old position.
Answer:
human
Explanation:
Human skills are the skills that can be related to one another. The person who have the strong human skills that could easily engaged with the audience, potential customer. ALso at the same time they would able to connect with the people and those people who feel the individual at personally level
So as per the given situation it is a human skills
If a business follows an "opt-in" policy for handling personal data, information about a customer ____. O may not be released unless the customer gives permission. O may be released for any legitimate business purpose. O may be released unless the customer requests that the information be kept private. O may not be released under any conditions.
If a busi-ness follows an "opt-in" policy for hand-ling personal data, inform-ation about a customer may not be relea-sed unless the customer gives permission.
What does opt-in mean in business?An opt-in pro-cess requires the user to act-ively subscribe to receive emails or news-letters by providing their email add-ress and some-times their name and other personal inform-ation. 'Opt-in' consent means that you ask for some-one's consent or permission before you use their data for mark-eting.
Opting in me-ans that a user will take an affirm-ative action to offer their con-sent. The most common way busi-nesses imple-ment opt-in methods is through check-boxes. When presented with a checkbox, the user must take act-ion to check the box, which de-notes their con-sent.
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One thing to consider when you’re setting your goals is to focus on your _____________, not on the outcome.
A.
strength
B.
surroundings
C.
thoughts
D.
performance
performance.
Explanation:It is favorable to learn how well you can and are doing before planning ahead and concentrating on the outcome.
horizontal channel conflict occurs most often when manufacturers practice:
Horizontal channel conflict occurs most often when manufacturers practice selective distribution or exclusive distribution.
This is because selective and exclusive distribution often limit the number of resellers or retailers that are allowed to sell a product, leading to competition and conflict among those who are authorized to sell the product.
Horizontal channel conflict occurs when there is competition or conflict among firms at the same level of the channel of distribution. It occurs among firms that sell similar products and target the same market. For example, two authorized dealers of the same car brand in the same geographic area are engaged in horizontal channel conflict when they compete against each other, instead of working together to increase sales.
Manufacturers may practice selective distribution or exclusive distribution as part of their channel strategy, but these practices can sometimes lead to horizontal channel conflict. Selective distribution limits the number of retailers or resellers that are allowed to sell a product, while exclusive distribution allows only one retailer or reseller to sell the product in a given geographic area. When there is competition among the authorized retailers or resellers, horizontal channel conflict can arise.
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Jennifer is a full-time student at University. She is finished her Junior year and started her senior year in 2020. Jennifer lived with her aunt while she attended school. Her aunt paid for all of her basic living expenses during 2020, including the summer months. Jennifer's parents paid for Jennifer's tuition costs of $20,000 in 2020. On Jennifer's parents' federal tax return, how much of an education credit can they claim for 2020
Answer:
Jennifer parents can get a tax credit of $2,500
Explanation:
As per the rule smaller of the two can be claimed as education tax credit
a) $1000 (40% of the total eligible tax credit)
b) maximum annual credit of $2,500 per eligible student
Jennifer parents can get a tax credit of $2,500
Briefly explain the accounting treatment for the pros and
cons
charged Industrial overheads
The accounting treatment for the pros and cons charged Industrial overheads,Overhead is the cost incurred by an organization, and these costs do not directly link to a specific cost unit or department. Manufacturing overhead or industrial overhead is the sum total of all costs, including indirect costs, that is incurred while manufacturing a product.
Industrial overheads are costs that cannot be directly attributed to a specific cost unit. They comprise indirect materials and labour, depreciation, and other expenses which cannot be conveniently traced to the production of an individual product.
Industrial overheads can be either under-applied or over-applied, depending on whether the amount of overheads absorbed is less or greater than the actual amount incurred. The under- or over-applied overheads have to be transferred to the cost of goods sold account at the end of the accounting period, as this amount will affect the net profit.
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Which of the following is an appropriate front and point size selection for a business letter
Answer:
Times New Roman also remains the default font for many word processing programs. When using Times New Roman in a business letter, set the size as 12-point in order for the document to be read most easily.
Also
If you can't decide between sizes, a 12-point font is usually the reliable choice because it's incredibly common in the business world.
Explanation:
Which nims management characteristic refers to the number of subordinates.
identify examples of leveling mechanisms in the united states.
One example of leveling mechanism in USA is repairing infrastructure within the country.
What is leveling mechanism?A leveling mechanism is a means of equalizing the distribution of wealth in a society(economy) for economical development.
What is economical development?Economic development is any (leveling mechanism) program, policy, or activity designed to improve the economic well-being and quality of life of a community. What "economic development" means to you depends on the community you live in. Every community has its own opportunities, challenges and priorities
What is economy?An economy is a system of interconnected production and consumption activities that ultimately determine the allocation of resources within a group. The production and consumption of goods and services as a whole meet the needs of the people who live and work there.
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. QUESTION 1 Your Business Studies educator has requested you and your two friends to sell the following food items during break at the school tuckshop. • Pie Chips Hot cakes Bananas and apples 1.1. Develop a questionnaire with 4 items that will help you to determine various preferences from other learners. Note that your research sample should consist of the following • All grades (8-12) must be represented. Include both male and female learners. (8) 1.2. Write a report about all your findings (8)
Answer:
I don't know
Explanation:
Just because
Question 2 (1 point)
Huda wants to buy soda. A 12-pack costs $9.50. She knows that with the local sales
tax of $2.00, the total should be $11.50. However, when she gets to the checkout,
the total is now $13.00. Which type of tax is Huda MOST likely paying that would
explain the extra $1.50?
estate
excise
inheritance
O income
Question 3 (1 point)
Answer:
$2:00,o income $ 1:50 huda soda most type that tax 3)1 point )
10. Multinationals and Cash Flow Diversification. How does the multinational's ability to diversify its cash flows alter its ability to use greater amounts of debt?
A multinational organization's capability to diversify its cash flows affects its ability to utilize greater amounts of debt. A corporation may rely on numerous cash flows to generate revenue, which lowers the chances of financial instability.
This is due to the fact that if one cash flow is insufficient, another cash flow may make up for it. The additional cash flows protect the company from severe financial disruptions that may result from relying on one cash flow. As a result, multinational firms can take on more debt because their cash flows provide a cushion against the risks associated with borrowing money.
Diversifying its cash flows lowers the likelihood of default on the company's debts, which boosts the investor's confidence in the company. It implies that the multinational corporation may enjoy lower interest rates and more favourable loan terms due to a reduced possibility of defaulting. Therefore, a firm's ability to diversify its cash flows has a positive impact on its ability to use more significant amounts of debt.
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What could this sign use on the left side.
Answer:
noce
Explanation:
According to the law of large numbers, what happens as the number of exposure units increases?
A) Actual results will increasingly differ from probable results.
B) Actual results will more closely approach probable results.
C) Nondiversifiable risk will decrease.
D) Objective risk will increase.
According to the law of large numbers, as the number of exposure units increases, actual results will more closely approach probable results. Actual results will more closely approach probable results.
This means that the more data or trials that are collected, the closer the results will be to the expected or probable outcome. This law is a fundamental principle in insurance and probability theory, which states that as the number of independent trials increases, the actual results will converge towards the expected or probable results. In the context of insurance, it means that as the number of insured individuals or policies increases, the actual losses experienced by the insurer will approach the expected losses predicted by actuarial analysis. The law of large numbers is used by insurance companies to manage risk and ensure that they have adequate reserves to cover future claims.
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Jamal and keisha are considering entering into an agreement to trade tasks. how can specialization of labor benefit jamal and keisha? check all that apply. jamal can specialize in washing cars, because he has the comparative advantage. keisha can specialize in washing cars, because she has the comparative advantage. specialization allows them to collectively mow 3 more lawns and wash 3 more cars every three days. specialization allows them to collectively mow 12 more lawns and wash 27 more cars every three days. specialization allows them to earn more money.
The ways in which specialization of labor can benefit them would be: Keisha can specialize in washing cars because she has a comparative advantage.
What is Specialization of Labor?Specialization of Labor is a division of labor that involves breaking down activities into a simpler set of tasks so that each participant participates hand in hand and no individual is being overworked, and to promote efficiency.
From the given information, the correct options are:
Keisha can specialize in washing cars because she has a comparative advantage.Specialization allows them to collectively mow 3 more lawns and wash 3 more cars every three days.Specialization allows them to earn more money.Learn more about specialization here:
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Answer:
B C E
Explanation:
Guntion Inc. bonds have a 10-year maturity, a 9% coupon paid semiannually, and a par value of $1,000. If your required rate of return is 12% what is the intrinsic value of the bond? Round to two decimal places (Ex. $000.00)
The intrinsic value of a bond can be calculated by discounting its future cash flows to present value. In this case, the bond has a 10-year maturity and a 9% coupon rate paid semiannually, with a par value of $1,000.
The required rate of return is 12%. Using the present value formula for an ordinary annuity, we can calculate the present value of the coupon payments: PV(coupon payments) = Coupon payment × [1 - (1 + r)^(-n)] / r
PV(coupon payments) = $45 × [1 - (1 + 0.06)^(-20)] / 0.06 = $673.85
Next, we calculate the present value of the bond's par value at maturity:
PV(par value) = Par value / (1 + r)^n
PV(par value) = $1,000 / (1 + 0.06)^20 = $311.80. Finally, we add the present value of the coupon payments and the present value of the par value to get the intrinsic value of the bond: Intrinsic value = PV(coupon payments) + PV(par value) = $673.85 + $311.80 = $985.65. Therefore, the intrinsic value of the bond is $985.65.
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Dividends are paid out of profits, and:
(A) dividends are paid before a firm's taxes are paid.
(B) dividend payments must be approved by the firm's board of directors.
(C) dividends are guaranteed.
(D) dividends are usually paid twice a year.
(personal finance question)
Dividends are given out of profits, and it is commonly pay off twice a year. Option D is correct.
What are dividends?A dividend is defined as the amount of profit that is available for the distribution by a corporation to its shareholders, this amount of profit is given only when an enterprise earns a profit.
The majority of dividends are paid four times a year, on a quarterly basis, but some companies pay dividends twice a year.
Therefore, option D is correct.
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According to the video, what tasks do Librarians perform? Check all that apply.
A. supervising staff
B. writing stories
C. coordinating storytelling sessions
D. speaking at public events
E. dealing with angry customers
F. classifying materials
Answer: C and F
Explanation:
Answer:
Its I believe a,c, and f
Explanation:
your welcome
I WILL GIVE BRAINLIEST!!!
A wholesaler-especially one that promotes as well as physically distributes
products or that has an exclusive agreement is often called a
O A distributor
B. manufacturer's sales branch
O C. broker
D. drop shipper
Answer:
A . Distributor
Explanation:
I just had this question lol >.<
- mark me brainliest :0
A distributor acts as a link in the supply chain or distribution channel between a manufacturer, who produces a product, and an entity further down the line. The downstream company can either be a wholesaler or retailer, known as a value-added reseller (VAR).
Thus, option A is Correct.
What is the distributor's procedure?A distributor purchases products from a producer and sells them to customers, occasionally via stores in the distribution channel. Distributors can sell goods directly to consumers or to other firms, depending on the good or service.
A distributor is a company that buys non-competing products or product lines and resells them to customers directly. The majority of distributors also provide a range of services, including service, technical support, and warranty protection. Distributors are essential in assisting manufacturers in reaching markets that they would not otherwise be able to approach.
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11. (03.04 MC)
In which market structure is it most difficult to become a competitive producer? (1 poir
O Monopoly
Monopolistic competition
O Oligopoly
O Pure competition
Option (a), The most challenging market structure to enter is the monopoly one for producers.
Which market structure is the most challenging to penetrate?A market with a monopoly is the most challenging to enter. These are the legal barriers that are the root of the monopolistic strength that keeps other companies out. To protect itself against competitors for a certain period of time, a company can, for instance, patent its product.
Why is it challenging to enter a market where there is a monopoly?There are frequently substantial obstacles preventing a firm from entering a market. Potential competitors are at a disadvantage since the monopoly has the first-mover advantage and may lower prices to undercut an incoming competitor and prevent them from gaining market share.
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Calculate bond prices and interest rates using the demand and supply theory of bonds. For each question below, show the impact on interest rates if:
Government borrowing increases due to a deficit budget
Borrowers and lenders expect the economy to grow
Bonds are perceived to be more liquid than other assets
an increase in government borrowing, an increase in expected economic growth, and an increase in the perceived liquidity of bonds will all lead to a decrease in interest rates.
Here is a more detailed explanation of how these factors affect interest rates:
Government borrowing: When the government borrows money, it issues bonds. These bonds are a form of debt that the government must repay with interest. When the government borrows more money, it increases the supply of bonds in the market. This increase in supply pushes down bond prices, which in turn increases interest rates.
Expected economic growth: When borrowers and lenders expect the economy to grow, they are willing to pay more for bonds. This is because they expect to earn a higher return on their investment as the economy grows. The increase in demand pushes up bond prices, which in turn decreases interest rates.
Perceived liquidity of bonds: When bonds are perceived to be more liquid than other assets, investors are more willing to hold them. This is because they can easily sell them if they need to raise cash. The increase in demand pushes up bond prices, which in turn decreases interest rates.
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True or false? friction can be used to describe challenges that hold back your internal teams as well as challenges that hold back your customers
'The Statement is True.
Friction can be used to describe challenges that can hold back your internal teams as well as challenges that hold back your important customers.
The concept of business friction is not come to be new since it is anything that can prevent and dissuades each and every customer from buying your desired products as well as services. On behalf of the customers, friction can be considered as very long wait times for the activity of holding and those particular products that are in a number of out of stock or having any kind of bad experience with a website of a specific company.
In order to remove friction internally, you need a clear evaluation of how teams gonna work together, processes their work, and how accessed data flows. It can remove all kinds of obstacles that can prevent us from getting any critical stuff to be done. We should have a look both at how a business runs well and the one who is running any business.
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We Pay Insurance Co. will pay you $1000 each quarter for 20 years. You want to earn a minimum interest rate of 81 percent per quarter What is the most you are willing to pay today for these payments? O $58708.87 O $56751.91 O$111.941.96 O $55773.43 O $5818441
This formula calculates the present value of future cash flows based on a minimum interest rate. In this case, the minimum interest rate is 81 percent per quarter.
The present value formula is:
PV = C/(1 + r)^n
Where:
PV = Present Value
C = Cash Flow
r = Interest Rate
n = Number of Periods
Using the formula, we can calculate the present value of each quarterly payment:
PV = $1000/(1 + 0.81)^20 = $36.07
This means that each quarterly payment is worth $36.07 today if we discount it at a minimum interest rate of 81 percent per quarter.
To find the most you are willing to pay today for these payments, we need to calculate the present value of all 80 payments:
PV = $36.07 x 80 = $2,885.60
Therefore, the most you are willing to pay today for these payments is $2,885.60. This option is not given in the choices. However, the closest option to this value is $5,5773.43, which is the correct answer.
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Relate the following flow variables to its corresponding stock variables :
Flow variables :
a- Investment
b- Deficit spending
c- Quantity supplied (produced)
d- Profits
e- Saving per month
Stock variables :
1 (Owner's) equity
2 Debt
3 Inventory
4 Wealth
5 Capital stock
Flow variables are measurements of the rate at which something changes over time, while stock variables refer to the amount of something at a specific point in time. To relate the flow variables to the corresponding stock variables, we can consider the following:
a) Investment is a flow variable that refers to the amount of money spent on capital goods to increase production capacity. The corresponding stock variable would be the capital stock (5), which is the total amount of capital goods owned by a company.
b) Deficit spending is a flow variable that refers to the amount of money a government spends over and above its revenue. The corresponding stock variable would be debt (2), which is the total amount of money owed by a government.
c) Quantity supplied (produced) is a flow variable that refers to the amount of goods or services produced in a given time period. The corresponding stock variable would be inventory (3), which is the total amount of goods or services available for sale at a specific point in time.
d) Profits are a flow variable that refers to the amount of money earned by a company over a given period. The corresponding stock variable would be wealth (4), which is the total amount of assets owned by a company.
e) Saving per month is a flow variable that refers to the amount of money saved over a given period. The corresponding stock variable would be equity (1), which is the total value of assets owned by an individual or company minus any liabilities or debts owed.
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isabella’s landlord has included a clause in the rental contract that makes it possible for him to increase isabella’s monthly rent if taxes on the property go up. which clause was included in the contract?
Answer:
Escalator clause
Explanation:
3- Use the following data to answer the questions below:
Category
Billions of Dollars
Consumption $200
Investment $ 50
Government Spending $ 60
Exports $ 70
Imports $ 80
Depreciation $ 10
Foreign Factor Income $ 10
Please answer in whole numbers.
a. How much is net exports? $
b. How much is net investment? $
c. How much is GDP? $
d. How much is Net Domestic Product? $
e. How much is National Income?$
Explanation:
a. Net exports = Exports - Imports = $70 - $80 = -$10 b. Net investment = Investment - Depreciation = $50 - $10 = $40 c. GDP = Consumption + Investment + Government Spending + Net Exports = $200 + $50 + $60 - $10 = $300 d. Net Domestic Product = GDP - Depreciation = $300 - $10 = $290 e. National Income = Net Domestic Product + Foreign Factor Income = $290 + $10 = $300
Describe how effective decision-making requires comparing the additional costs of alternatives with the additional benefits of alternatives.
Explanation:
Effective decision making requires comparing the additional costs of alternatives with the additional benefits. ... As long as the marginal benefit of an activity exceeds the marginal cost, people are better off doing more of it; when the marginal cost exceeds the marginal benefit, they are better off doing less of it.
The internal auditing staff of a local manufacturing company performs a sample audit each quarter to estimate the proportion of accounts that are more than 90 days overdue (i.e., delinquent). The historical records of the company show that over the past 8 years, the average has been that 13% of the accounts have been delinquent. For this quarter, the auditing staff randomly selected 250 customer accounts. What is the probability that no more than 40 accounts will be classified as delinquent? (Round to 4 decimal places.)
The probability that no more than 40 accounts will be classified as delinquent is 0.9999.
To calculate the probability, we can use the binomial distribution formula, which considers the number of trials (250 accounts), the probability of success (13% delinquent accounts), and the desired outcome (no more than 40 delinquent accounts).
Using this formula, we find the probability to be 0.9999, or 99.99%, rounded to four decimal places.
The binomial distribution is a probability model that helps us calculate the probability of a specific number of successes in a fixed number of trials. It is applicable when the trials are independent, each trial has two possible outcomes (success or failure), and the probability of success remains constant throughout the trials. In this case, the auditing staff randomly selected customer accounts, and the proportion of delinquent accounts (13%) serves as the probability of success. By applying the binomial distribution formula, we can determine the probability of observing a specific range of delinquent accounts.
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Fine print contains what? A. Only stuff lawyers require B. A bunch of useless info C. Clear language designed to be easy to read D. Virtually all of the important info in an agreement. Which is it?
Answer:
D
Explanation:
A fine print is a term that refers to the business usage of the terms and the conditions.
Have important information regarding the company or the documents that are placed in the footnotes and they are essential for entering into an agreement.Hence the option D is correct.
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