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
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>
You might be interested in
Smith Jewelry Store sells 20 pieces of jewelry per day at an average price of $20 per piece. Assume Smith’s cost for the jewelry
Ipatiy [6.2K]

Answer:

$12,000

Explanation:

Take 20 pieces $20 average price per piece 30 days

= $12,000 expected sales for the month

3 0
2 years ago
What is the best ice cream ever?​
Sergeeva-Olga [200]

Mint Chocolate Chip + Chocolate with Peanut Butter Chunks. B)

6 0
3 years ago
Read 2 more answers
what percentage of loss would a seller in deerfield beach have if he paid $18,000 for a vacant lot, built a home on the lot that
den301095 [7]

Add the cost of the lot and the cost of the house together to get the total cost ($163,000). Next, subtract the sales price from the total cost to get the amount of loss ($10,000) he took. Finally, divide the total cost by the loss amount ($10,000 ÷ $163,000).

The definition of cost is to be valued at something or to lose. A loaf of bread costing $3 is an example of a cost. Giving up your freedom in order to grant freedom to another person is an illustration of the cost.

A company's cost is the amount of money it had to spend to create its goods or services. It is calculated as the sum that the business spends to create a specific number of a product. Simply put, it is the cash that a business spends on things like labour, services, raw materials, and other costs.

Learn more about cost here:

brainly.com/question/15135554

#SPJ4

3 0
1 year ago
Is it recommended to skip performing the risk identification on a project? Why not? What is likely to
svetoff [14.1K]

It is not recommended to skip performing the risk identification on a project. If this process is skipped, the organization might run into unforeseen dangers that will stall their projects and prevent them from reaching their objectives.

<h3>What is the risk identification step?</h3>

The risk identification process is designed to study and find out the elements that will prevent an organization from reaching its set objectives.

he risk identification process helps the organization to know the risk that is set before them and prepare to bypass or overcome the challenges. The risk identification step is the first step that must be taken to avoid problems along the way.

Learn more about the risk identification step here:

brainly.com/question/28214983

#SPJ1

6 0
1 year ago
Madeline quits her job, at which she was earning $20,000 per year. She then takes $50,000 out of savings, on which she was earni
Alenkinab [10]

Answer:

A. Madeline's accounting cost is $75,000

B. Madeline's economic cost is $100,000

C. Madeline's accounting profit is $75,000

D. Madeline's economic profit is is $50,000

Explanation:

A. To calculate Madeline's accounting cost we would have to make the following calculation:

Madeline's accounting cost=cost of supplies+rent+labour costs

Madeline's accounting cost=$50,000+$10,000+$15,000

Madeline's accounting cost=$75,000

B. To calculate Madeline's economic cost we would have to make the following calculation:

Madeline's economic cost=explicit cost+implicit cost

=$75,000+opportunity cost

=$75,000+0.10*$50,000+earning job

=$75,000+$5,000+$20,000

=$100,000

C. To calculate Madeline's accounting profit we would have to make the following calculation:

Madeline's accounting profit=revenue-accounting cost

=$150,000-$75,000

=$75,000

D. To calculate Madeline's economic profit we would have to make the following calculation:

Madeline's economic profit=revenue-economic profits

=$150,000-$100,000

=$50,000

6 0
3 years ago
Other questions:
  • Which of the following would be​ true? A. Organizational culture never changes. B. Organizational culture is an evaluative rathe
    11·2 answers
  • Ang Electronics, Inc., has developed a new DVDR. If the DVDR is successful, the present value of the payoff (when the product is
    14·1 answer
  • “Monopolistic competition is monopolistic up to the point at which consumers become willing to buy close-substitute products and
    7·1 answer
  • If a firm produces 10 units of output, total costs are $1,030, and average fixed costs are $10, then total variable costs are
    12·1 answer
  • In order to obtain a permit to run a new operation, food establishments must___.
    8·1 answer
  • An economy has a monetary base of 1,000 $1 bills. Calculate the money supply in scenarios a - d. Then answer part e. a. All mone
    15·1 answer
  • Ayuda por favor, el que no sabe no responda o los reporto.​
    6·1 answer
  • Consider the P/E ratios of the following companies: Company A: 7.4 Company B: 11.3 Company C: 14.8 Company D: 9.1 Among these fo
    14·1 answer
  • True or False Question
    13·2 answers
  • There are costs and benefits to either method of solving a Capitalizing Problem.<br> True or False?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!