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Vanyuwa [196]
1 year 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]1 year 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.

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If a salesperson persuades a customer to purchase a higher-priced item than the customer initially intended, the salesperson has
Ray Of Light [21]

The correct answer would be option C, Traded up.

If a salesperson persuades a customers to purchase a higher priced item than the customer initially intended, the salesperson has Traded up the customer.

Explanation:

Salespersons usually help customers in buying the products of their needs and desires. Success of a salesperson depends upon how beautifully he grabs the customer and closes a sale.

When a salesperson trades something to a customer which is more expensive than the product which customer was previously intended to buy, it means that the salesperson has traded up the customer.

For example, if a salesperson persuades a customer to buy an automobile worth $20,000 rather than an automobile of worth $10000, it means, the salesperson has traded up the customer.

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3 0
3 years ago
Alberto determined one of the metrics he would use to gauge the level of exposure his marketing message had with his target mark
Nat2105 [25]

Alberto determined one of the metrics he would use to gauge the level of exposure his marketing message had with his target market was the number of times the target was exposed to his message throughout the six weeks of the campaign, representing its "frequency" is represented by this.

<h3>What is the market frequency?</h3>
  • The likelihood that a particular consumer will see an advertisement during a marketing campaign is known as frequency.
  • A person is more likely to engage with the advertisement in a meaningful way and to interact with your business on a number of different levels if they are exposed to it more frequently.
<h3>What is Marketing?</h3>
  • Marketing describes the actions a business does to encourage the purchase or sale of a good or service.
  • Advertising, selling, and delivering goods to customers or other firms are all included in marketing.
  • Affiliates perform some marketing on behalf of a business.

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8 0
1 year ago
​TRUSTe, a nonprofit​ self-regulatory organization, works with other companies to audit online privacy and security measures. It
lubasha [3.4K]

Answer:

The correct answer is telemarketing.

Explanation:

Telemarketing is a form of direct marketing in which an advisor uses the telephone or any other means of communication to contact potential customers and market products and services. Potential customers are identified and classified by various means such as their purchase history, previous surveys, participation in contests or job applications (for example, via the Internet). Names can also be purchased from another company's database or obtained from the phone book or other public or private list. The classification process serves to find those potential customers most likely to buy the products or services that the company in question offers.

4 0
3 years ago
Liability rules, property rights, contract enforcement, and standards for weights and measures affect the for people to produce
malfutka [58]
Incentives is the answer


3 0
3 years ago
Read 2 more answers
What‘s the main reason our culture has normalized credit cards over the past 60 years?.
harina [27]

We have slowly increased our demand for high-value items and therefore need credit cards rather than cash because carrying around.

For illustration,$ 40k in cash on your way to buy an auto isn't the safest idea. We can change the normalization of debt in the future by tutoring in academic ways to avoid debt and tutoring the true consequences of having so important debt.

Credit is generally defined as an agreement between a lender and a borrower. Credit also refers to an existent's or business's creditworthiness or credit history. In account, a credit may either drop means or increase arrears as well as drop charges or increase profit.

credit, which is capitalist that is available for you to borrow, debt is capitalist you've formerly espoused but haven't yet paid back. Credit is simply the capability to acquire debt.

still, you're adding$ 50 in debt, If you use your credit card to make a$ 50purchase. A loan can be considered as a disbenefit balance when the loan is given out by the business while it can be considered as a credit balance when it's taken by the business. Also, read MCQs on Trial Balance.

Learn more about credit here: brainly.com/question/6872962

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7 0
1 year ago
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