Answer:
True
Explanation:
In case of the public companies who are in control of the Securities and Exchange Commission have a requirement to hire an independent auditor we can say Chartered Accountant (CAs) who give their views upon the financial statements that are published whether they are in compliance of Generally Accepted Accounting Principles (GAAP).
Based on this, the independent auditor give the qualified or unqualified opinion
Therefore, the given statement is true
(Leaders) questions silo thinking or narrow thinking in organizations
Answer:
Net present Value (NPV)
Explanation:
The net present value (NPV) is one of the tools used in business for appraising the desirability or otherwise of projects or investments. It compares the present value (PV) of cash inflows with the present value of cash outflows over a period of time. It is the difference between the present value of the future cash inflows from an investment and the amount of initial capital outlay that gives either profit or loss.
Answer:
A. 40,900
Explanation:
Calculation for what Power Cords Corp.'s margin of safety (MOS) in units is:
First step is to calculate the Break-even
Break-even units = $1,650,000/($3,750 - $2,250)
Break-even units= 1,100 units
Now let calculate the margin of safety (MOS) in units
Margin of Safety = 42,000 - 1,100
Margin of Safety= 40,900 units
Therefore Power Cords Corp.'s margin of safety (MOS) in units is:40,900
Answer:
Option A is correct
Explanation:
The 2 Option are:
<em>i. The firm Delta Insurers typically affirms claims within 120 days after it receives proof of loss statements
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<em>ii. The firm Delta Insurers typically denies claims within 120 days after it receives proof of loss statements.</em>
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Delta insurance company is a typical insurance company that operates it business in line with the Insurance practice code in its operation country. Failure of perform those duties strictly will lead to revoke of operational license which will incur consequential loss for the Insurance Company.
Delta Insurers insures against peril of Vehicle, Fire, Burglary, Consequential loss, Business Interruption and so on.
The insurer however have its own mode of settling claims as stated in the Policy form. The statement might be stated in there that "<em>we typically affirms claims within 120 days after we receives proof of loss statements". </em>No insurer can states in its policy form that "<em>we typically affirms claims within 120 days after it receives proof of loss statements", t</em>his is against the code of conduct of Insurance business
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