The trip to Tahoe is not acceptable since Vera is a CPA and she should pause to think about whether the trip would be viewed as an enticement and hence likely to reduce her independence as a professional accountant.
Determine the regulations pertaining to an item by carefully examining whether it qualifies as a gift or may be classified as entertainment. Grasping national norms and laws—which are always significant since they are relative rather than absolute—is the first step in gaining a better understanding of local customs. This is because understanding these laws is essential to comprehend the intricacies of the problem. So, Vera should not accept the trip since she is a professional and she might be taken advantage of by the client.
It is reasonable to assume that a token of gratitude delivered after your work with a customer has been completed is appropriate. The present shouldn't be over the top or put your independence in jeopardy; it also shouldn't be money or a gift card.
Learn to know more about CPA on
brainly.com/question/19066091
#SPJ4
Answer: discounted cash flow valuation
Explanation:
The discounted cash flow valuation is a method of project analysis that is defined as computing the value of a project based on the present value of the project based on the present value of the project's anticipated cash flows.
Discounted cash flow is used to determine an investment's value based on the future cash flows that the investment will bring.
Answer:
d. neither will advertise.
Explanation:
A game theory is used to analyse the choices of firms in an oligopoly.
A collusion is when two or more firms come together to make a decision usually concerning price.
If both firms advertise, the profit is less than when both firms don't advertise. Therefore, if both firms collude, they would agree not to advertise in order to maximise profits.
But the Nash equilibrium would be for each firm to advertise.
Nash equilibrium is the best strategy for a player in a game regardless of what the other player plays.
I hope my answer helps you.
Answer:
The balance sheet shows the firm’s assets, liabilities, and equity at a given point in time.
Explanation:
While preparing the balance sheet, the accounting equation is to be used that means the total value of the asset is equivalent to the total value of liabilities and the total value of the equity. It shows the financial position for the given period of time.
So as per the given options, the first one is correct