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Vanyuwa [196]
2 years ago
12

which one of the following is a potential problem with management's comunication of financial information that causes third part

ies to desire the independent auditor's assessment of the financial statement presentation
Business
1 answer:
Otrada [13]2 years ago
7 0

Complexity of transactions affecting the financial statements and

Remoteness of the user from the organization

<h3>What is financial statement?</h3>

The business operations and financial performance of an organization are described in financial statements, which are written records. To ensure accuracy and for tax, financing, or investing purposes, financial statements are frequently audited by government entities, accountants, corporations, etc.

The balance sheet, income statement, cash flow statement, and statement of changes in equity are the four basic financial statements for for-profit entities. Financial statements are used by nonprofit organizations, although they are similar.

Financial statistics are used by investors and financial analysts to assess a company's performance and forecast the course of its stock price in the future. The annual report, which includes the company's financial statements, is one of the most crucial sources of accurate and audited financial data.

Learn more about financial statements

brainly.com/question/22941895

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It would be a functional team effort
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3 years ago
Which of the following reasons does not contribute to a higher level of unemployment?
Mandarinka [93]
Hi there!

The answer is A) A lack of labor mobility as people choose to remain in their hometown. 

Unemployment is a complex issue, here are the reasons why the other options increase unemployment:

-Reduction in Union bargaining activities would increase unemployment because employers wouldn't have as many restrictions to reduce their workforce. 

-Reduction in economic activity due to a recession would increase unemployment as the demand for products, and for workers too, will decrease.

-The existence of efficiency wages causes unemployment because the demand for labor will decrease, as employees get more and more efficient. 

<span>A lack of labor mobility as people choose to remain in their hometown will not contribute to a higher level of unemployment. Instead, labor mobility can increase unemployment because there would be an oversupply of labor in a specific region. </span>
7 0
3 years ago
Kenny is concerned that the amount of spam he is receiving is making him less productive at work. He knows that the
Vsevolod [243]

Answer:

<em>Sorry, I could not type the answer here directly because it doesn't allow me.</em>

It should be "spam" followed by "at"<em> (the symbol sign) </em>and "uce" plus "." and "gov"

There should be no spaces.

Explanation:

A "spam" refers to<em> an email that you do not want in your inbox</em>. They are mostly intended for commercial purposes–including some emails that are deceptive. There are actually many ways to reduce the amount of spam reaching your email. For example, you could use an <em>email filter </em>or choose a <em>unique email address. </em>

Kenny above wants to report the spam he is receiving, thus, he needs to forward it to the Federal Trade Commission <em>(FTC). </em>They are responsible for helping Kenny clear his inbox from spams.

5 0
2 years ago
The _____ tags must be at the start and end of an ordered list.
Ilia_Sergeevich [38]

Your answer would be, The <ol> and </ol> tags must be at the start, and end of an ordered list.

<OL> and </OL>


Hope that helps!!! Hope that was one of the choices given, since you haven't put any choices, so I'm guessing.



Hope that helps!!!! ( Answer: <ol> and </ol> )
8 0
3 years ago
Avicorp has a $15.5 million debt issue outstanding, with a 6.3% coupon rate. The debt has semi-annual coupons, the next coupon i
Studentka2010 [4]

Answer:

a) Pre-tax cost of debt is 8.45%

b) After tax cost of debt is 5.07%

Explanation:

a) Given:

Debt issue outstanding = $15.5 million

Semi-annual coupon rate = 0.063 / 2 = 0.0315

Assumed par value (FV) = $1,000

Coupon payment (pmt) = 0.0315 × 1000 = $31.5

Current bond price (PV) = 92% of $1,000 = $920

Time period (nper) = 5 × 2 = 10 periods

Calculate semi-annual rate using  spreadsheet function =Rate(nper,pmt,PV,FV)

Semi-annual rate = 4.14%

Pmt and FV are negative as they are cash outflows.

YTM = 4.14 × 2 = 8.28%

Effective annual rate = (1+\frac{Rate}{compounding\ periods}) ^{2} -1

                                   = (1+\frac{0.0828}{2}) ^{2} -1

                                   = 0.0845 or 8.45%

b) Tax rate is 40%

After tax cost of debt = Pre tax cost of debt × (1 - 0.4)

                                    = 0.0845 × 0.6

                                    = 0.0507 or 5.07%

4 0
3 years ago
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