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
garik1379 [7]
3 years ago
14

Public companies under the jurisdiction of the Securities and Exchange Commission are required by law to hire a certified public

accounting firm (independent auditor) to assess whether their published financial statements are in compliance with Generally Accepted Accounting Principles (GAAP). This statement is:_______.
Business
1 answer:
skad [1K]3 years ago
7 0

Answer:

True

Explanation:

In case of the public companies who are in control of the Securities and Exchange Commission have a requirement to hire an independent auditor we can say Chartered Accountant (CAs) who give their views upon the financial statements that are published whether they are in compliance of Generally Accepted Accounting Principles (GAAP).

Based on this, the independent auditor give the qualified or unqualified opinion

Therefore, the given statement is true

You might be interested in
Based on the concept of service blueprinting, what is the "line of visibility?" select one:
Katena32 [7]

The "line of visibility?" is:

c. a metaphoric divide between the parts of a service that a guest sees and what they do not see.

It basically is a line that separates front stage and back stage actions.

3 0
3 years ago
Swifty Corporation issued 100000 shares of $10 par common stock for $1250000. A year later Swifty acquired 15900 shares of its o
Drupady [299]

Answer:

the journal entries should be:

Dr Cash 1,250,000

    Cr Common stock 1,000,000

    Cr Additional paid in capital 250,000

Dr Treasury stock 238,500

    Cr Cash 238,500

Dr Cash 161,500

    Cr Common stock 85,000

    Cr Additional paid in capital 76,500

4 0
3 years ago
Where should you explain the factors that led you to submit an unsolicited proposal, such as conversations with members of the r
ira [324]

Solicited business proposals are executed in reaction to a purchaser's want, at the same time as unsolicited proposals are used to market it to capacity customers.

It is an internal suggestion due to the fact it's miles from a worker in the organization. And unsolicited due to the fact this is an idea that became an independent idea up and the employee now desires to endorse this idea to the top of the employer.

The advent of an unsolicited proposal consists of a statement of the hassle or opportunity that the concept addresses to reinforce the argument stated in the record.

Learn more about organization here: brainly.com/question/24448358

#SPJ4

5 0
1 year ago
If you guess the number im thinking of illl give you 100 points
Anvisha [2.4K]

Answer:

49 is my guess!!!!!!!!

5 0
3 years ago
Read 2 more answers
Barter is the exchange of goods and services for goods and services without the use of money. any exchange, with or without the
murzikaleks [220]

Answer:

c. the exchange of goods and services for goods and services without the use of money

Explanation:

Barter the exchange of goods and services for goods and services without the use of a medium of exchange such as money.

In a barter, money doesn't change hands.

An example of a barter- I want a pair of shoes worth $30. I see someone that has the shoes but wants textbooks worth $30. I have these textbooks. I give him the textbooks and he gives me the shoes.

I hope my answer helps you

8 0
3 years ago
Read 2 more answers
Other questions:
  • A firm expects to earn $10,000,000 in cash in 2018. The firm also expects to increase its cash earnings by 2% each year in perpe
    12·1 answer
  • Budweiser is a popular brand of beer. Part of this company's market research of U.S. consumers looked at education levels of bee
    14·1 answer
  • Pablo has a $63,000 basis in his partnership interest. On May 9 of the current tax year, the partnership distributes to him, in
    10·1 answer
  • People who go on to get a _______ are considered experts in their field.
    14·1 answer
  • If an industry is in long-run competitive equilibrium and experiences a decrease in demand, then as a result the equilibrium pri
    9·1 answer
  • Olsson Corporation received a check from its underwriters for $72 million. This was for the issue of one million of its $5 par s
    11·1 answer
  • Abc analysis is an item classification system which (indicate the exception below):
    6·2 answers
  • Commercial paper. ​ Criss-Cross Manufacturers will issue commercial paper for a​ short-term cash inflow. ​ Criss-Cross must rais
    7·1 answer
  • A quality analyst wants to construct a control chart for determining whether three machines, all producing the same product, are
    5·1 answer
  • How are safety and cost affected by the use of informatics at the point of care? Give two to three specific examples.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!