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2 years ago

The auditors' responsibility to communicate findings with respect to fraud can best be summarized as:

1 answer:

4 0

The auditors' responsibility to communicate findings with respect to fraud can best be summarized as: Communicate to the audit committee both material and immaterial amounts of fraud that are detected. This is further explained below.

<h3>What is auditors?</h3>

Generally, An auditor is a person qualified to examine financial documents, confirm their correctness, and make sure businesses are following tax regulations.

In conclusion, the Auditors' duty to report fraud-related discoveries is summed up as follows. Any identified fraud, no matter how little, should be reported to the audit committee.

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Most internet reference sites are free to use. t/f

Evgesh-ka [11]

Answer:

It is true the person above is wrong I have proof

Explanation:

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2 years ago

What can a food surplus lead to?

gayaneshka [121]

A food surplus in a society can lead to many different things. But based on the principles of supply and demand a surplus of food should lead to a reduction in the price of food, because the quantity supplied is most likely higher than the quantity demanded. In addition a food surplus could lead a country or companies to sell their food surplus internationally or to "dump" the goods on another country or market by selling the goods for a very cheap price most likely lower than the price of the good in that market prior to the entry of this new producer or country with the food surplus.

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3 years ago

Market value per share is:

vesna_86 [32]

Answer:

The answer is a. Market value per share is the price at which a stock is bought and sold.

Explanation:

For shares that are listed in the stock exchange, the market value per share is the price of share at which share is currently traded. In other words, this is the fair value of the share and at this price, share can be readily sold or bought.

(b) is not correct because it describes the commitment (usually made by an investment bank) to purchase newly issued shares at predetermined price when those shares are not purchased by other investors in the market.

(d) describes Preemptive right rather than the definition of market value per share.

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3 years ago

Should Obama Care system be continued into the future ?? Yes or No and why ??

chubhunter [2.5K]

I believe so considering an average of 20 million US citizens depend on it. Hope this helps.

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3 years ago

Read 2 more answers

A hospital reports the following cost and revenue data: Variable cost per inpatient day of $250 Revenue per inpatient day of $10

REY [17]

Answer:

Expected profit at a volume of 25,000 inpatient days = $3,750,000.00

Explanation:

The expected profit is calculated as follows:

Step 1

Total contribution per inpatient from 25,000 inpatients

contribution = (revenue - variable cost) per patient

= $(1000-250)

= $750 per inpatient day

Total contribution for 25,000 inpatient days

$750 × 25000 = $18,750,000.00

Step 2

Calculate Profit 

Profit = Total contribution - Fixed cost

=$18,750,000.00 -$15,000,000

= $3,750,000.00

Expected profit at a volume of 25,000 inpatient days = $3,750,000.00

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3 years ago