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dedylja [7]
1 year ago
13

Acc 450 the auditors' primary means of obtaining corroboration of management's information concerning litigation is a?

Business
1 answer:
VARVARA [1.3K]1 year ago
7 0

Answer: Acc 450 the auditors' primary means of obtaining corroboration of management's information concerning litigation is a Letter of audit inquiry to the client's lawyer.

Explanation: A secondary audit process that auditors use to acquire pertinent data is an audit inquiry. The data comes from sources both inside the organisation, such managers, and outside the organisation, like debtors, creditors, investors, or other businesses-related legal entities.

An independent auditor can verify the legal information provided by management with the aid of a letter of inquiry. It is a method through which the auditors confirm or acquire a full explanation of the topics they wish to confirm from legal counsel or attorneys general.

To know more about attorneys general click on the link below

https://brainly.in/question/6654830

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What careers are in the Information Support and Services career pathway of the IT career cluster? (15 points for you)
yKpoI14uk [10]
I think it’s “help desk specialists, PC support specialists”
6 0
3 years ago
Steven's Battery Company has two service departments, Maintenance and Personnel. Maintenance Department costs of $320,000 are al
inna [77]

Answer:

From maintenance to department B will be allocated 85,333 dollars

Explanation:

We distribute maintenance over personnel and operating and then,

we distributed the accumulated in personnel over the operating department:

\left[\begin{array}{cccccc}&Maintenance&Personnel&Dep A&Deb B\\$maintenance-hours&&800&960&640\\$employes&&&160&480\\$Direct \: Cost&320,000&80,000&160,000&240,000\\$Allocate A&-320,000&106,667&128,000&85,333\\$Subtotal&&186,667&288,000&325,333\\$Allocate J&&-186,667&46,667&140,000\\$Total&&&334,667&465,333\\\end{array}\right]

<em><u>For the given question it would be:</u></em>

total maintenance-hours: 800  + 960 + 640 = 2,400

<u>allocation of maintenance:</u>

320,000 x   640/2400 = 85,333

4 0
3 years ago
Sunland Company compiled the following financial information as of December 31, 2017: Service revenue $842000 Common stock 17700
posledela

Answer:

555,000

Explanation:

Sunlad assets on December 31 2017 can be calculated as follows

= equipment + cash + supplies + account receivables

= 229,000 + 203,000 + 33,000+ 90,000

= 555,000

Hence Sunland total assets in December 31 2017 is 555,000

7 0
3 years ago
Read 2 more answers
The Smiths are purchasing a completely furnished cottage on a lake. They have obtained a deed of trust loan to cover the price o
Pachacha [2.7K]

The type of financing that includes the purchasing of furnished cottage on a lake with the full deed is called as a package deed of trust

Explanation:

Package deed of trust will involve the third party and they will serve as the trustee in between the lender and the borrower and the property will be in the hands of the trustee until the lender pay off the the loan

This will transferred with the legal property and they will hold the security loan and it will be made equitable and the title will remain with the borrower until they pay of the money

8 0
3 years ago
Setting prices for products and services requires entrepreneurs to balance a multitude of complex forces as entrepreneurs determ
Kobotan [32]

Answer:

produce a profit

Explanation:

<u>Price</u> refers to the amount of money that is paid by one party to another to acquire a particular commodity or in return for unit of commodities. Some of the factors that determines the price of a commodity include cost of production, product demand, product supply, targeted profit, and among others.

A <u>profit</u> is the amount earned from selling a commodity minus the amount expended to purchase, operate, or produce the commodity.

The primary aim of an entrepreneur is to make a profit, and price setting is one of the important activities that influences a profit. Since the higher the price, the higher may be the profit. However, a higher price may also dicourage customers from buying a product and then reduces profit.

Therefore, setting prices for products and services requires entrepreneurs to balance a multitude of complex forces as entrepreneurs determine prices for their goods and services that will draw customers and <u>produce a profit</u>.

3 0
3 years ago
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