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
nadezda [96]
2 years ago
8

"The objective of external auditing is to provide opinions on the reliability of the financial statements and provide opinions o

n internal control effectiveness."
A. True
B. False
Business
1 answer:
muminat2 years ago
4 0

Answer:

A. True

Explanation:

You might be interested in
Effective corporate governance is essential in large corporations because corporate ownership (by shareholders) is separated fro
nalin [4]

Answer:

False

Explanation:

Outside directors are members of the board of directors that are not employees of the corporation. While an inside director is a member of the board that is also employed by the corporation, e.g. CEO.

Corporations are separate entities form their stockholders, that is why limited liability applies to them. The board of directors doesn't have to include stockholders or employees, they usually do, but it is not required by law. Outside directors should very experienced and capable individuals that possess certain expertise that can help the corporation. Also, the board should control and supervise upper management, but if only inside directors were admitted into it, then who would control them?

7 0
2 years ago
Read 2 more answers
Assume you are representing management (like katherine in this scenario). what exactly would you do in this situation? indicate
Luda [366]
<span>As a management representative in a transaction with a representative union, there would be the negative response if there were allegations of untruthfulness. As an arbitrator speaking to administration, activities to negate the allegations of lying by demonstrating the informed the entire certainties would demonstrate that administration is honest and legitimate. As an administration delegate in arrangements, searching out a bargain to wind up with a together advantageous determination where the representatives are upbeat and JBL Publishing Company will make progress is the thing that issues most.</span>
7 0
3 years ago
Caribou Gold Mining Corporation is expected to pay a dividend of $6 in the upcoming year. Dividends are expected to decline at t
Whitepunk [10]

The question is incomplete. Here is the complete question.

Caribou Gold Mining Corporation is expected to pay a dividend of $6 in the upcoming year. Dividends are expected to decline at the rate of 3% per year. The risk-free rate of return is 5%, and the expected return on the market portfolio is 13%. The stock of Caribou Gold Mining Corporation has a beta of .5. Using the constant-growth DDM, the intrinsic value of the stock is _________. A. $150 B. $50 C. $100 D. $200

Answer:

$50

Explanation:

Caribou Gold mining corporation is expected to make a dividend payment of $6 next year

Dividend are expected to decline at a rate of 3%

= 3/100

= 0.03

The risk free rate of return is 5%

= 5/100

= 0.05

The expected return on the market portfolio is 13%

= 13/100

= 0.13

The beta is 0.5

The first step is to calculate the expected rate of return

= 0.05+0.5(0.13-0.05)

= 0.05+0.5(0.08)

= 0.05+0.04

= 0.09

Therefore, the intrinsic value of the stock using the constant growth DDM model can be calculated as follows

Vo= 6/(0.09+0.03)

Vo= 6/0.12

Vo= $50

Hence the intrinsic value of the stock is $50

8 0
3 years ago
Which of these can be listed as benefits of filing your tax return online? I. Allows you to claim a larger number of deductions
telo118 [61]

Answer:

The answer is: C) II and III

Explanation:

The benefits for filing your tax return online are:

  • You can save money since you don't have to hire an accountant or other professional to file your taxes
  • It is very simple and easy, since the tax software is very user friendly and intuitive.
  • You can file your taxes from anywhere as long as you internet connection. This can save a lot of time and money, instead of having to physically go to an IRS office.
  • Tax software helps you gain financial knowledge and that is always useful.
  • It ensures accuracy since tax program can do accurate calculations on your behalf.
  • You can receive your tax refund faster if you file your taxes online. Usually within 21 days the IRS is sending out refunds based on taxes filed only.
3 0
3 years ago
Read 2 more answers
If the total warehousing cost for the year amounts to $450,000, and 40 percent of the warehousing activity is associated with fi
photoshop1234 [79]
The answer is A. $270,000.
3 0
3 years ago
Other questions:
  • A company reports the following: Income before income tax $387,520 Interest expense 69,200 Determine the times interest earned.
    5·1 answer
  • Vactin Motors, an automobile company, ties individual performance, profits, and other measures of employees' success to a partic
    8·1 answer
  • Limited partnership investors are subject to which of the following risks?I Tax audit riskII Marketability riskIII Legislative r
    8·1 answer
  • Select the items that describe a consumer.
    15·2 answers
  • Assume that Mahmood Corp. lends Ahmad $10,000 in exchange for a $10,000,
    6·1 answer
  • During the year, Hamlet Inc. paid $22,000 to have bond certificates printed and engraved, paid $170,000 in legal fees, paid $9,0
    5·1 answer
  • Mrs. Beach bought shells at a gift shop. The red shells (r) were $0. 75 each, and the white shells (w) were $0. 49 each. The tot
    13·1 answer
  • _____ help a business keep track of its target market.
    13·1 answer
  • The managers of Tanika Enterprises are considering how well alternative plans may meet its high-priority goals, as well as ident
    9·1 answer
  • Which trend has the world bank seen in its study of poverty in low-income nations?.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!