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2 years ago

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

1 answer:

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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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Department C had direct materials EUP cost of $4.00 and conversion EUP cost of $2.50. If the department had 38,000 units complet

S_A_V [24]

Answer:

Their cost of units completed for direct materials is $1,52,000.

Explanation:

Cost of units completed for direct materials

= Units completed and transferred *Direct material EUP cost

= 38,000 *$4.00

= $1,52,000

Therefore, Their cost of units completed for direct materials is $1,52,000.

5 0

3 years ago

Read 2 more answers

Money market mutual funds

katen-ka-za [31]

Answer:

c. carry no loads.

Explanation:

They are also called as the mutual funds and are open-ended mutual fund investments in short debit security as the U.S treaty bills and the commercial papers.

They are made with the goal of maintaining high stable assets values by liquid investments.

Regulated by the investments company act of the U.S of 1940, are important providers of the liquidity to the financial institutions.

<u>These funds seek to limit the exposure of the losses due to the credit, market, and liquidity risks.</u>

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3 years ago

If a material event is either unusual in nature or an infrequent occurrence—such as a one-time charge resulting from a major res

PtichkaEL [24]

Answer:

False

Explanation:

7 0

3 years ago

Macroeconomic forces contribute to an industry's ability to be profitable. Which of the following examples shows how a company m

Elis [28]

Answer:

A home mortgage company creates a sales promotion with incentives for potential home buyers to take advantage of a particularly favourable interest rate.

Explanation:

Companies usually give numerous promotions to their valuable customers to increase the overall sales revenue. In the above scenario, if a home mortgage company creates a sales promotion which attracts customers to buy their product and take advantage of the favourable interest rate is an example of companies focusing on macroeconomic factors. Macroeconomic forces are important for any company to improve profits.

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3 years ago

Which economic system has economic roles that are passed from generation to generation?

mylen [45]

The best answer would be: traditional economy (specifically, it's definitely neither market economy nor command economy - in those economies the family does not necessarily play a role in the chose of roles).

An example of such strict economic roles is ancient India - and the roles are called castes.

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3 years ago