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3 years ago

As the acceptable level of detection risk increases for a given audit risk, an auditor may change the

1 answer:

5 0

As the acceptable level of detection risk increases for a given audit risk, an auditor may change the timing of substantive procedures from year end to an interim date. Detection risk is the risk that audit procedures will not know a material wrong statement. It is related to the timing, extent and nature of procedures done to diminish audit risk to an acceptable level.

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Producers are driven by

Reil [10]

The correct answer is option c)

5 0

3 years ago

According to the path-goal theory of leadership, the level of involvement a manager utilizes should (1) be the same for all empl

harkovskaia [24]

Answer:

1. None of the above

2. All of the above

Explanation:

According to the path-goal theory of leadership, the level of involvement a manager utilizes should (1) be the same for all employees in the department, (2) be either low or high management involvement regardless of the circumstances, and (3) not be influenced by subordinates' expectations. Which statements are correct?

NONE OF THE ABOVE

The Path-Goal theory of leadership stipulates that managers should adapt a leadership style that is employee oriented for the purpose of organizational goal achievement.

This is an ability issue. When a manager's performance deteriorates because manager's ability has deteriorated. The steps to be taken will be in the order below:

(1) Determine if the resources are adequate,

(2) retrain the individual, and

(3) redesign the job.

All of the above steps are correct in that order

3 0

3 years ago

Orwell Building Supplies' last dividend was $1.75. Its dividend growth rate is expected to be constant at 25% for 2 years, after

EleoNora [17]

Answer:

Best estimate of the current stock price= $42.64

Explanation:

Price of the stock today = $\frac{D1}{(1+ke)^1}+\frac{D2}{(1+ke)^2}+\frac{P2}{(1+ke)^2}$ .

where P2 = $\frac{D3}{ke-g}$

D0=$1.75

D1=$1.75(1.25)

D2=$1.75(1.25)(1.25)

D3=$1.75(1.25)(1.25)(1.06)

Price of the stock today = $\frac{1.75(1.25)}{(1+0.12)^1}+\frac{1.75(1.25)(1.25)}{(1+0.12)^2}+\frac{1.75(1.25)(1.25)(1.06)}{(0.12-0.06)(1+0.12)^2}$ . = $42.64

8 0

3 years ago

Do all rational consumers think alike why or why not

jeka57 [31]

Being rational does not necessarily mean that you have to think what others might be thinking for rationality means you consider what is most beneficial and try to balance it out with the negative effects of a specific actions. The benefits and detriments of a certain act might be varied in each person.

4 0

3 years ago

Choose all that apply.

lana [24]

I would recommend a savings account

7 0

3 years ago