Answer: Option A
Explanation: An auditor refers to an individual who is certified by an authority to perform an audit. The auditor provides an independent opinion as if the statements of the company are prepared as per the accounting and auditing standards.
Fraud examiners are the individuals who investigates an activity which is concluded to be a fraud already.
The difference between the two is, the auditor initially ascertains if there is a fraud while the fraud examiner tries to ascertain who is guilty of performing the fraud.
Hence from the above we can conclude that the correct option is A.
Answer:
$14,333.33
Explanation:
Depreciation is the systematic allocation of the cost of an asset to P/l as a measure of use. It is added over the years as accumulated depreciation which is deducted from cost to get the net book value of the asset. Salvage value is the estimated realizable cost of an asset after its useful life.
Depreciation = (cost - salvage value)/useful life
Cost of an asset includes all cost incurred to make the asset available for use.
Depreciation = ($86000 + $7000 - $5000)/6
= $88000/6
= $14,333.33
Answer:
Option (d) $16,008.17
Explanation:
Data provided in the question:
The price of the Firebird in 1969 = $2,500
Price index in 1969 = 36.7
Price index in 2013 = 235
Now,
The price of the Firebird in 2013 dollars will be
= [ Price index in 2013 ÷ Price index in 1969 ] × The price of the Firebird in 1969
= [ 235 ÷ 36.7 ] × $2,500
= 6.40327 × $2,500
= $16,008.17
Hence,
Option (d) $16,008.17
The apt size of a hammer that can be used a s a jigsaw would be
16oz.
Explanation:
To see the size of hammer that would be necessary we must understand the size of the outlet box and how it would require the jig to be.
The average height of an outlet box is usually 12 inches from the floor and it is then attached to a secondary box above it which is 16 inches
So, to lift this piece by the jig we can see that the standard sized hammer of 16 ounces would be apt and would do the job completely well.
So this is the one that must be used.
