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saveliy_v [14]
1 year ago
13

Audits of financial statements are designed to obtain reasonable assurance of detecting misstatement due to?

Business
1 answer:
alisha [4.7K]1 year ago
5 0

Answer:

Errors, fraud, and noncompliance with laws with a direct effect on financial statement amounts.

<h3>How does the auditor obtain reasonable assurance?</h3>
  • In order to obtain reasonable assurance, the auditor shall obtain sufficient appropriate audit evidence to be able to draw reasonable conclusions on which to base the audit opinion.
  • Reasonable assurance is obtained when the auditor has thereby reduced audit risk to an acceptably low level.

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to brainly.com/question/24553900

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Which of the following policies is the government most inclined to use when faced with a positive externality? Group of answer c
In-s [12.5K]

Answer:

subsidies

Explanation:

Subsidies refer to financial aid for some specific purpose and to some specific category as decided by the government. As for the instance the government can provide subsidy in the form of house to poor people in the country.

Now here the rich people can afford their own houses and that they can pay the taxes as well which are attached to the the houses, which provide extra benefit to the poor, as the government can provide the subsidy then more efficiently.

The positive externalities increase the benefits for every citizen.

4 0
3 years ago
Faith went to the grocery store to buy apples. if each apple cost $0.78, and she spent a total of $4.68, how many apples did fai
nirvana33 [79]

Faith bought 6 apples at $.78 each. She paid $4.68 for the apples.


Given : $.78 price for each apple

$4.68 the amount Faith spent for the apples.


$4.68 / $.78 = 6

4 0
3 years ago
Bette's Breakfast, a perfectly competitive eatery, sells its "Breakfast Special" (the only item on the menu) for $5.00. The cost
Tamiku [17]

Answer:

Bette's Breakfast should increase the price or change the cost´s structure.

Explanation:

Bette's Breakfast should increase the price to get any profits because the total of the cost of serving that breakfast is higher than the price.  

Profit= price* sales -((Variable cost * sales) +Fixed cost)

Other option is changing the structure of cost per meal.

4 0
3 years ago
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which management theory uses time-motion studies to find the one best method for workers to perform each task and then teaches t
sergij07 [2.7K]

Taylor's Scientific management theory employs time-motion research to determine the best approach for personnel to execute each task and then teaches them that method.

Taylor's Scientific Management seeks the most effective approach to execute every task. He believed in universal rules that governed efficiency and that these laws were independent of human judgment. The purpose of Scientific Management was to find the "one best way" to accomplish things as effectively as possible. Frederick Winslow Taylor was an American mechanical engineer who lived from 1856 to 1915. He was the first management consultant and the first to examine work and production scientifically.

He is regarded as the father of Scientific Management and the efficiency movement. Taylor's Incentive Theory, often known as Scientific Management, was one of the first workplace motivation theories.

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7 0
1 year ago
Which of the following is true? When companies employ push-down accounting:A) the subsidiary revalues assets and liabilities to
kondor19780726 [428]

Answer: The correct answer is A) The subsidiary revalues assets and liabilities to their fair values as of the acquisition date.

Explanation: Push down accounting is used when a company buys another company. This type of accounting revalues the assets and liabilities of the acquired company at a fair value on the date of acquisition.

4 0
3 years ago
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