international PRODUCTS can lead to better quality goods due to increased competition
Answer:
Correct option :a. The daughter must recognize the income because she owned the stock when the dividend was declared and she received the $2,000.
Explanation:
Based on the information given we were told Darryl gave 1,000 shares of stock to his daughter in the month of September 29, 2019 in which Darryl daughter also received the amount of $2,000 dividend on October 18 of the same year which means that Darryl daughter have to recognize the income reason been that the daughter owned the common stock when the dividend was been declared and she as well received the amount of $2,000.
If an insurer is incorporated in Rhode Island, but primarily does business in New York. This is called foreign insurer.
<h3>Who is an insurer?</h3>
An insurer can be defined as a person who insured a person or a person who provide insurance coverage.
An Insurer has their business situated or established in the United States of America but carried out is business activities in another country like New york this will be tend to be called foreign insurer in New york because the business is not domiciled in New york but United state of america.
Inconclusion this is called foreign insurer.
Leafrn more about foreign insurer here:brainly.com/question/26035780
<span>A. An auditor can accept the uncertainties in the sampling process since they have some idea in which financial statements errors are occurring. In this case their sample is not completely random.
B. The formula AR = IR Ă— CR Ă— DR is often used to describe audit risk. Here, AR is audit risk, IR is inherent risk, CR is control risk, and DR is detection risk. Inherent risk is the risk of a report containing errors due to the complex nature of how the audited business runs. Control risk is the risk that an error may occur but may not be detected by the business itself. Detection risk is the risk that the auditor may fail to find errors that are present in the business' financial reports.
C. An auditor may only sample, or inspect a fraction of a company's financial history. This is done for practical purposes, for there may not be enough time to inspect everything, or it may be too costly. If the auditor is issuing a test of controls, in which they are scrutinizing their target's internal procedures for detecting errors, then sampling may fail to see these errors.</span>
From my understanding, factoring is a specific transaction in which a business sells its invoices to a factor, which is a third party commercial financial company. This process is completed so that the business can get cash quicker than it would to wait for a customer’s payment. With factoring, a company will have more<span>more more flexibility because the funds are not restricted, rather than having to deal with a typical bank loan</span><span />