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2 years ago

When a cpa examines a client's projected financial statements the cpa's report should:________.

1 answer:

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The CPA or Certified Public Accountant's report should <u>state that the CPA performed procedures to evaluate management assumptions</u> when they examine a client's projected financial statements.

CPAs are public accountants who are licensed to practice their profession publicly and must always comply with the government's taxation practices and provisions of Statements on Standards for Accounting and Review Services.

Take note, CPA report doesn't refer to the their auditor's report on the historical financial statements. The report cannot also explain the principal differences between the historical statements and the projected financial statements.

Additionally, a CPA's report must not include the their opinion on the client's ability to continue as a going concern.

Curious about Code of Ethics for CPAs? Read here: brainly.com/question/28198157

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In the __________, the death rate declined from nearly 30 deaths per thousand people in 1950 to less than 15 since 1990. poorest

BartSMP [9]

I would say that this statistic probably refers to the richest countries where the standard of living is higher than poor countries and if it was infant mortality then more modern health facilities and access to them would be a strong factor hopefully better in the countries with a higher standard of living. On the other hand, Cuba has an infant mortality of 4.76 deaths per 1000 live births compared to 5.90 for the US so is a testament to the success of their social system.

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3 years ago

A company's environment consists of both a microenvironment and a macroenvironment — forces outside of marketing that affect a m

laila [671]

The correct answer would be like,

Micro Environments: A, C, D

Macro Environments: B, E, F

Explanation:

There are two types of environments that affect companies. These are

Micro Environment
Macro Environment

Micro environment includes forces that are close to the company.

Macro environment includes larger societal factors that affect the micro environments and the company.

In option A, it is told that schools are encouraging students to bring smartphones and tabs to the class. This would be a micro environmental factor.

In option B, Media is involved, in which it is told that some school is getting media coverage. It means it will have an overall impact on the environment. So it will be included in the macro environmental factor

In option C, Finance department of a company is involved, which would again be a micro environmental factor, which would have effect on the internal working of the firm.

In option D, some demands are placed by the GenX offspring in the school, which would be a micro environmental factor.

In option E, Economic Downturn is discussed, which is no doubt a macro environmental factor as it discusses the impact of the slow economy on the overall school enrollments.

In option F, Competitors are being discussed, which means that outside a firm's factor are discussed, which will again fall in the category of Macro Environmental Factors.

Learn more about Micro and Macro Economics at:

brainly.com/question/1689139

#LearnWithBrainly

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3 years ago

You have some news to share with your manager. You’ve decided to take a new job, and you’re giving your two weeks’ notice. It’s

Vladimir79 [104]

Explanation:

It is a challenging situation to communicate to your boss that you are leaving work, so it is important to <u>maintain a professional and polite posture</u>, keeping a calm and grounded approach to the reasons why you will leave your position in the company, ideally to maintain communication positive or neutral, but never negative, regardless of why you want to leave.

Depending on how you communicate, you will create a network for future job searches.

3 0

4 years ago

The ACE Equity Fund has an expected return E[r] of 11.830% and the ZQR Bond Fund has an expected return E[r] of 6.690%. A portfo

Mashcka [7]

Answer:

The answer is "6.8442%".

Explanation:

The expected portfolio return is the total average portfolio return for all stocks

ACE fund weight (wA) =3%

ACE fund (ErA) expected return= 11.830%

Bond fund ZQR weight (wB) = 97%.

The ACE fund (ErB) expected return = 6.690%

Expected portfolio return = $(wA \times ErA)+(wB \times ErB)$

$=(3\% \times 11.830 \% )+(97 \% \times 6.690\%)\\\\= 0.03 \times 0.1183 +0.97 \times 0.0669 \\\\=0.003549+ 0.064893\\\\=0.068442\\\\=6.8442 \%$

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3 years ago

On March 1, 2018, E Corp. issued $1,400,000 of 8% nonconvertible bonds at 103, due on February 28, 2028. Each $1,000 bond was is

Anvisha [2.4K]

Answer: $126,000

Explanation: Shareholders equity can be defined as the total amount of investment done by the shareholders in the company. This investment can be done through various kinds of securities like common stock, preference shares.

As per this problem shareholder equity would be

= (no. of shares to be collected by warrant holders)*(price of each warrant)

and,

no. of shares to be collected = (1400 bonds) * (30 shares)

= 42,000 shares

therefore, equity :-

(42,000 shares) ( $3 ) = $126,000

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4 years ago