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jeka57 [31]
2 years 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]2 years 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

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As a flight attendant, Mary Ann is supposed to smile and act cheerful at all times on the flight; however, she feels tired and a
Svetllana [295]

Answer:

emotional dissonance.

Explanation:

Emotional dissonance -

It refers to the situation of mental status , where there is confusion between the emotions experienced by the employees and the emotion which is required to have for working in the organisation , is referred to as emotional dissonance .

The condition makes the employees very agitated and unhappy for the job , and is not able to enjoy their work .

Hence , from the given scenario of the question ,

The correct option is emotional dissonance .

3 0
3 years ago
A magma that contains 42 percent silica is referred to as
ss7ja [257]
Magma (from the Latin magma and this from the Greek μάγμα, "pasta") is the name given to the masses of molten rocks from the interior of the Earth or other planets. They are usually composed of a mixture of liquids, volatile and solids.

 The most common magmas respond to three main types: basaltic, andesitic and granitic.

 Basaltic magmas: can be tolelic, low in silica (<50%) and produced in the back, or alkaline, rich in sodium and potassium, produced in areas of the interior of tectonic plates. They are the most common.
6 0
4 years ago
If a stock split occurred, when calculating the current year's EPS, the shares are treated as issued:A. At the end of the year.B
son4ous [18]

Answer:

Correct answer is (C)

Explanation:

At the beginning of the year.

Earnings per share (EPS) is the portion of profit earned by the company that is allocated to each outstanding share of its common stock. It is determined by taking the difference between a company's net income and dividends paid for preferred stock and then divided by the average number of shares outstanding. So if stock split occurred when calculating the current year EPS, the shares are treated as issued at the beginning of the year.

7 0
3 years ago
The Richmond Corporation uses the weighted-average method in its process costing system. The company has only a single processin
jekas [21]

Answer:

$142,524

Explanation:

The computation of the total cost assigned to the ending work in process

inventory is shown below:

As we know that

Total cost =  Material + Labor

where,  

Material = 21,400 units × 100% × $3.60 = $77,040

And,

Labor = 21,400 units ×  60% × $5.10 = 65,484

So, the total cost is $142,524

We simply added material and the labor cost according to their completion percentage and its cost per equivalent units

7 0
3 years ago
6. Explain how liabilities of an LLC (taxed as a partnership) or an S corporation affect the amount of tax losses from the entit
Natasha_Volkova [10]

Answer:

LLC liabilities are included as part of member's tax basis while S corporation liabilities are not.

Tax rules favors LLCs.

Explanation:

LLC liabilities are included as part of a member's tax basis while S corporation liabilities are not included in an S corporation shareholder's tax basis other than loans from the shareholders.

This distinction is important because the amount of loss a member or shareholder may deduct is limited to his or her tax basis in either his or her LLC interest or shares. Thus in this particular regard Tax rules favors LLCs.

7 0
3 years ago
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