Answer:
The correct answer is letter "E": a trade credit.
Explanation:
Trade credit implies a customer buying products from a seller that helps the purchaser to later pay for the goods. Essentially, the seller provides the buyer with a short-term loan. Typical terms of trade credit must be charged for <em>30 days</em>, but may also be <em>45, 60, 90, </em>or <em>180 days</em> in some situations.
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
true
Explanation:
Our western civilization is leaning towards empowering people, specially women and minorities. Men and women are considered equal, and neither of them will accept an authoritarian leader.
Authoritarian leaders are self centered and try to focus everything on them. They don't like to accept suggestions or ideas from their subordinates and dislike creativity. Even benevolent autocratic behavior is bad, it is less bad than other types of autocrats, but still bad. Benevolent autocrats try to inspire and guide their subordinates, of course, all under his/her wing.
On the other hand, a democratic leadership style that fosters employee participation in the decision making processes is easily accepted by most employees nowadays. In our western culture, we believe in democracy and any gain made that increases our rights and well beings in our work, school, or society in general is considered positive. While any behavior that goes against our rights or democratic beliefs will be disliked.
Answer:
False
Explanation:
"An auditor is a watchdog and not a blood hound". The purpose of conducting an audit is to provide 'reasonable assurance" and not 'absolute assurance' to the management of an entity and users of financial statements.
An auditor cannot be held liable for any misstatement or fraud if he proves that he did his work diligently, and acted bona fide, and as per the evidence available to him, arrived at such an opinion.
But, in cases wherein an auditor has acted grossly negligent or colluded with management or window dressing of accounts, such auditor would be held personally liable and accountable. For e.g Enron case.
