Answer:
-Auditor
Explanation:
The auditor is responsible for conducting an independent examination of the financial statements and records of the company. he or she checks whether the company follows the accounting principles, norms, etc as prescribed and according to that he or she give the qualified or unqualified report
Therefore as per the given situation, the option a is correct
Answer:
false, these two can be related
Explanation:
false
Answer: Rick had a 5.55% nominal salary Increase.
Explanation: In Finances & Economics , Nominal value is measured in terms of money . This means that the value has not been adjusted against inflation and will only show the "Number Value" rather than the economic value which is how much purchase power this salary increase really means.
The formula to calculate the % for this nominal increase is : (Final Value - Initial Value) / Initial Value * 100 ==>> ($47500-$45000)/$45000 = 0.55 *100 ===> 5.5%
Answer:
Increased by $50,000
Explanation:
When the Federal Reserve or a any private bank buys government securities from another private company or investor, they "create" money in the same way as a loan creates money.
Therefore, when the commercial bank bought government securities worth $50,000 from a private securities dealer, the money supply increased by $50,000.
Answer:
The correct option is 2
Explanation:
Let us assume the current value of the investment be x
And the annual growth factor of the investment is 1.2
1. The investment value has increased or risen by 44% since it was first made
It is known that the combined growth factor of the investment is 1.44 and no information is stated regarding the actual ($) values. Therefore, the unique value could not be computed.
So, this statement lacks information and insufficient to solve for x.
2. 1 year ago, the withdrawn money worth is $600 and at present the worth of the investment would be 12% less than the actual worth.
1 year ago, the value of the investment was x / 1.2. So, the equation could be set up regarding the withdrawal.
The equation would be:
= (x/ 1.2- 600) × (1.2)
=0.88x
Therefore, the unique value to could be answered and the sufficient to answer.
NOTE: The options are missing. So I am providing the answer with the options.
