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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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Which of the following about writing and revising business documents is most accurate? a. Experienced business writers rarely ne
Yanka [14]
C. Revising is always required or at least advised
4 0
2 years ago
Which of the following is NOT one of the managerial considerations in determining how to compete successfully? How should a comp
hodyreva [135]

Answer:

 Strategy of company concerns are explained as the action plan management,and organisational objectives.

Explanation:      

A.  A more appealing product needs to be offered to rivals for new product.

B. planning of money.

C.  action plan for management function for achieving superior profitability.

D. The company should pursue, the long-term direction management.

E. conservative defense to project

    The action plan management of the company is taking to:

A.  role out a market position,  to attract and satisfy customers, successfully,

perform the operations, and achieve all objectives.

B. conduct a sustainable competitive method and compete against rivals.

C. make your product offering more different and appealing for buyers.

D. conduct the operations.

Organizational objectives are achieved by the following methods:

A. strategic intent

B. statement of the mission.

C. plan of action.

D. business module.

E. strategic vision.

The objectives requires well groomed management to strive to:

A. match your rival businesses products and quality dimensions.

B. short-term success and build profit.

C. realignment in the market.

D. developing lasting success.

E. re-create the bussiness models.

To improve performance, for different avenues:

A. lowering the operating profit margins than rivals to drive sales

growth.

B. achieving analogous of the products.

C. pursing similar personalized customer service or quality dimensions as rivals.

D. Confination of operations to the markets.

4 0
3 years ago
Consider the market for meekers in the imaginary economy of Meekertown. In the absence of international trade, the domestic pric
kotykmax [81]

Answer:

Export

true

Explanation:

Because the price of meekers in meekertown is lower than the world price for meekers, meekers from meekertown are cheaper. so if free trade is allowed, other countries would want to purchase meekers from meekertown because it is cheaper.

So, meekertown would export meekers if free trade is allowed.

When a country is too small affect the world price, allowing for free trade will always increase total surplus in that country, regardless of whether it imports or exports as a result of international trade.

this is so because if the country is efficient in production of a good (producing at a lower price when compared to the world price), export of the good would increase thus increasing producer surplus. if on the other hand, the country is inefficient in producing a good and the country allows for free trade, the country can import the good. this would increase consumer surplus.

4 0
3 years ago
Assume that today is December 31, 2019, and that the following information applies to Abner Airlines: After-tax operating income
melamori03 [73]

Answer:

The company's stock price today should be $71.17 per share.

Explanation:

The corporate valuation model approach can be used to estimate this by using the following steps:

<u>Step 1: Calculation of the free cash flow</u>

Free cash flow is the cash a firm generates after accounting for capital expenditure. This can be estimated using the following formula:

Free Cash Flow (FCF) = After-tax operating income + Depreciation expenses - Capital expenditure

For this question, we therefore have:

Free Cash Flow (FCF) = $700 + $150 - $375 = $475 million

<u>Step 2: Calculation of Value of operations (Vo)</u>

Vo = FCF / (WACC - FCF growth rate) = 475 / (11% - 7%) = $11,875 million

<u>Step 3: Calculation of the Firm value</u>

Firm value = Vo + Non-operating assets = $11,875 + $199 = $12,074 million

<u>Step 4: Calculation of value of equity</u>

Value of equity = Firm value - Debt = $12,074 - $3,534 = $8,540 million

Note: The correct amount of debt is $3,534 not $3.540 as mistakenly given, may be due to typographical error, in the question.

Step 5: Calculation of stock price per share today

Stock price per share = Value of equity / Number of shares outstanding = $8,540 / 120 = $71.17 per share

Therefore, the company's stock price today should be <u>$71.17</u> per share.

7 0
3 years ago
________ is a method of inventory costing in which all variable manufacturing costs (direct and indirect) are included as invent
goblinko [34]

Answer:

A) variable costing

Explanation:

acording to a citated text the variable costing excluded all fixed manufacturing costs is the Variable costing

4 0
3 years ago
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