1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jeka57 [31]
1 year ago
6

the board of directors of kate's company recently hired an independent firm to review the state of the organization's security c

ontrols and certify those results to the board. what term best describes this engagement?
Business
1 answer:
lesya [120]1 year ago
7 0

<u>Audit</u> best describes this Engagement

  • A physical inventory check is followed by an auditor's review or inspection of various books of accounts to ensure that all departments are using the same documented procedure of documenting transactions. It's done to make sure the organization's financial accounts are accurate.
<h3><u>What does an audit have as its goal?</u></h3>
  • The goal of an audit is to make a conclusion regarding the financial statements' fairness and conformance to relevant accounting rules.
  • Payrolls, management accounts, bank statements, invoices, and receipts are a few examples of auditing proof..
  • Good auditing evidence must be ample, trustworthy, supplied from the right source, and pertinent to the audit at hand.

To Learn more Audit, Click the links.

brainly.com/question/14652228

brainly.com/question/22961626

#SPJ4

You might be interested in
Patrice and Patrick are twins. They sit down to discuss their college plans with their parents. If both choose an in-state schoo
Brut [27]

Answer: C or D

Explanation:

4 0
3 years ago
Read 2 more answers
Dixie is a product of the Digby company. Digby's sales forecast for Dixie is 506 units. Digby wants to have an extra 10% of unit
n200080 [17]

Answer:

556.6 or 557 units

Explanation:

Given that,

Digby's sales forecast for Dixie = 506 units

Digby wants to have an extra units on hand above and beyond their forecast = 10%

Production units = Sales × (1 + Reserve Percentage)

                             = 506 × (1 + 10%)

                            = 506 × 110%

                             = 556.6 or 557 units

Therefore, the Dixie's will produce 557 units in order to have a 10% reserve of units available for sale.

5 0
3 years ago
Loretta is a member of a small research team that is working on developing a vaccine for swine flu. Once a week team members mee
Ede4ka [16]

Answer: information-sharing

Explanation: The meeting involves sharing of most recent findings so it illustrates the information-sharing function of meetings. A meeting is describes as an assembly or gathering of people for a purpose. The information-sharing function of meeting describes the exchange of information between attendees about a specific issue and/or information and updates. Since the purpose of this type of meeting is mostly educational or presentational, they have a likelihood of becoming boring and too filled with information. In these instances efforts are made to ensure that the attendees are engaged by providing questions and feedback channels among others.

8 0
3 years ago
Jolly Giant Burgers purchased a commercial dishwasher by paying cash of $8,000. The dishwasher's fair value on the date of the p
gulaghasi [49]

Answer:

$9,100

Explanation:

Calculation for what amount will Bahama record the dishwasher

Using this formula

Amount to record

dishwasher=Cash+Transportation costs+Installation fees

Let plug in the formula

Amount to record dishwasher=$8,000 + $600 + $500

Amount to record dishwasher = $9,100

Therefore the Amount to record dishwasher will be $9,100

5 0
3 years ago
The Fashion Shoe Company operates a chain of women's shoe shops around the country. The shops carry many styles of shoes that ar
timofeeve [1]

The computation of the break-even point (in units) is given below:

Break-eventpoint = Fixed cost / contribution margin.

= Fixed cost / (selling price -  variable cost)

= $158,000/ ($20-%10)

= $158,000/ $10

= %15,800 units.

The break-even point (in units) for Shop 48 is 15,800 units. It can be computed by dividing the amount of fixed cost by the amount of per unit contribution margin. And the per unit contribution margin can be computed by deducting the variable cost per unit from the selling price per unit.

The break-even point is the point at which total costs equal total sales, and there is no loss or profit for a small business.

Learn more about the break-even point at

brainly.com/question/9212451

#SPJ4

4 0
1 year ago
Other questions:
  • Lane Company manufactures a single product that requires a great deal of hand labor. Overhead cost is applied on the basis of st
    10·1 answer
  • Which one of the following statements is correct if a firm has a receivables turnover of 36.5? Group of answer choices It takes
    5·1 answer
  • The president of a growing engineering firm wishes to give each of 20 employees a holiday bonus. how much needs to be deposited
    5·1 answer
  • According to the classical dichotomy, when the money supply doubles, which of the following also doubles?
    7·1 answer
  • Martinez, Inc. acquired a patent on January 1, 2017 for $42,000 cash. The patent was estimated to have a useful life of 10 years
    14·1 answer
  • A process is replicated in another country where wages are 50 percent lower. Staffing and processing times are identical. What w
    10·1 answer
  • As price falls along a downward sloping ordinary demand curve (in the x1, p1 plane), consumer utility will Group of answer choic
    12·1 answer
  • If you have Cord, add me!<br><br> Mine: RU7A1D45#9553
    6·1 answer
  • 14. Joss Norton deposited a check for $474.85 and a check for $821.15. He
    14·1 answer
  • A witness statement is a primary source.<br> ✅True<br> - False
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!