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Thepotemich [5.8K]
3 years ago
5

The aicpa's statements on auditing standards can be described as

Business
1 answer:
sasho [114]3 years ago
8 0
<span>The AICPA’s Statements on Auditing Standards is a guideline for auditors. This guideline shows what the minimal standards are in order for an auditor to perform their work correctly. These guidelines need to be followed in order to ensure accuracy and efficiency.</span>
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Personal finance and I need help
Alex777 [14]
A. It is decreased by 50,000 (I'm 50% sure)
6% of 50,000 is 3,000
3 0
3 years ago
Most often used in the description of urban property, which of the following methods of land description contains information re
Nina [5.8K]

Answer: The correct answer is "B. subdivision plat lot and block number".

Explanation: The subdivision plat lot and block number method of land description contains information on a wide variety of easements and can sometimes even contain a list of restrictive agreements.

7 0
2 years ago
Read 2 more answers
The term demand loan refers to a loan
valina [46]

Answer:

The term demand loan refers to a loan for which the entire balance must be paid immediately at the lender's request.

Answer: D

Explanation:

A demand loan lets the lender shorten the notice period for recalling the loan, thereby using it as a borrowing instrument. Upon immediate notification, the borrower has to repay the entire loan amount along with any interest associated with it. By means of this arrangement, the borrower is enabled towards loan repayment at any time sans any early penalty of repayment. To illustrate, overdraft arrangement is variable from the normal lending approach, having maturity date already determined along with the payable schedule of payments.

4 0
3 years ago
Jim is in the market for a car that will last for the next 10 years and has saved up some money for the purpose of a car. what’s
nordsb [41]

Answer:

Utilizing his saving as a down payment and buying the car using an auto loan.

Explanation:

5 0
3 years ago
A commercial building with a market value of $200,000 has an insurance policy with an 80 percent coinsurance clause. The owner c
RideAnS [48]

Answer:

$45,000

Explanation:

In this case the market value is $200,000 but the policy limit is only $120,000, with a coinsurance of 80%.

Since the amount of loss = $60,000, the insurance company will pay:

(stop limit / value) x loss = ($120,000 / $160,000*) x $60,000 = 0.75 x $60,000 = $45,000

*the $160,000 value is determined by multiplying the fair market value of the property times the coinsurance = $200,000 x 80% = $160,000

8 0
3 years ago
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