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Colt1911 [192]
2 years ago
5

Short notes on audit and auditor ​

Business
1 answer:
Firlakuza [10]2 years ago
4 0

Answer:

Audit

Audit is the examination or inspection of various books of accounts by an auditor followed by physical checking of inventory to make sure that all departments are following documented system of recording transactions.

Auditor

An auditor is a person authorized to review and verify the accuracy of financial records and ensure that companies comply with tax laws.

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3 years ago
The form of billboard advertising regularly seen alongside highways and in other heavily traveled locales is _____.
avanturin [10]

Poster Panels is the correct answer.

An outdoor structure having a standardized size surface on which advertising posters may be posted.

"Poster panel" or ”billboard” means a sign, generally known as outdoor advertising, mounted on a permanent or semi-permanent structure and depicting information not directly related to the property upon which it is placed. Except where a specific distinction is drawn, the term “billboard” includes “poster panel".

Poster panel means a single or double faced non-accessory sign which is used for the display of a message produced on sheet paper and applied to the sign face or painted directly onto the sign face.

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6 0
2 years ago
In a given market, the market equilibrium price and quantity are $120 and 5 million units, respectively. At a price of $100, 4.8
Aliun [14]

In this market, it can be concluded that at a price level of $100 per unit, there is <em>C. a shortage of 0.4 million units.</em>

  • This market shortage occurs because 0.4 million units of the goods were not supplied.  There is excess demand and shortage in supply.  
  • The market demand increased from the equilibrium quantity of 5 million units to 5.2 million while the market supply reduced from the equilibrium quantity of 5 million units to 4.8 million.

  • The shortage of 0.4 million units results from the difference between the quantity demanded (5.2 million) and the quantity supplied (4.8 million) as a result of reduced price.

Thus, the market shortage shows the reduced willingness of suppliers to supply goods at the new price of $100 per unit instead of at the acceptable equilibrium price of $120 per unit.

Read more about market surplus and shortage at brainly.com/question/24385458

8 0
2 years ago
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About this app<br> What is the benefit of this app
Andrej [43]

Answer:

its fun to answer other people's questions when you know the answer and when you don't you can use Google and still get points for it. that's always fun is feeling smart. or you get help from others on questions you can either type up your question or take a picture of it!! there's many benefits.

Explanation:

unlike other apps like Socratic it only knows some answers in math class and history, but here there's smart people out there that are able to answer almost any questions for you, there's always someone in the world that knows on here!

7 0
3 years ago
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Barney decides to quit his job as a corporate accountant, which pays $10 890 a month, and goes into business for himself as a ce
mash [69]

Answer:

a. Barney's monthly explicit costs: $161;

b. Barney's monthly implicit costs: $11,816;

c. Barney's monthly economic costs: $11,977

Explanation:

a.

Barney's monthly explicit costs include any costs that he actually paid extra every month as the result from running his business including: cost of office supplies + cost of electricity bill = $71 + $90 = $161

b.

Barney's monthly implicit costs include any cost that he does not actually pay extra, yet he has to sacrifice these income as the results of running his business which includes: Cost related to his salary sacrifice + Cost related to his apartment rental = 10,890 + 926 = $11,816

c. Barney's monthly economic costs = Barney's monthly explicit costs + Barney's monthly implicit costs = $11,977

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3 years ago
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