Those who oppose corporate social responsibility believe that it is using investors' money in ways they did not intend. Thus the correct answer is B.
<h3>What is corporate social responsibility?</h3>
Corporate social responsibility is referred to as an initiative taken by an organization to protect environmental values and surroundings by eco-friendly and minimum risk strategy in business operations.
This activity focuses on minimum use of natural resources in the business operations and decisions making of the business.
These types of organizations practicing CSR will focus on strategies that do not create harm to the environment and encourage sustainable business practices to provide better experiences to stakeholders of the business.
Therefore, option B which is using investors' money in ways they did not intend is the appropriate answer.
Learn more about CSR, here:
brainly.com/question/1354082
#SPJ1
Answer:
a) Determination of whether the client's financial statement assertions are fairly stated in accordance with GAAP.
Explanation:
The essential purpose of the external audit function is that the financial statement of the client does not contain any mislead statements, give true and fair value of assurance to the external auditor, follow accounting principles called GAAP.
It checks that client business run in a smooth manner or not which represents legal compliance, industry compliance, etc. Moreover, it also detects the error or fraud, if any.
Answer:
$114,000
Explanation:
The computation of the operating cash flow is shown below:
= Annual sales - increase cash expenses - (increased taxes - current taxes)
= $975,000 - $848,000 - ($154,000 - $141,000)
= $975,000 - $848,000 - $13,000
= $114,000
While computing the operating cash flow we ignored the depreciation expenses as it is a non - cash expense.
Answer:
Consumption and Imports
Explanation:
Two of the components of aggregate expenditure that are influenced by real GDP are consumption and imports.
Firstly, consumption as a major component of aggregate expenditure is impacted by adjustment for real prices which reduces real income and by extension, consumption - because income is a determinant of consumption.
Secondly, an increase in real GDP is an increase in aggregate demand of which imports are a component
Hence, an increase in real GDP is an increase in planned expenditures and planned income
Answer:
Kristie reports the following income from KKM during the current tax year: (A) $54,000 ordinary income; $9,000 charitable contribution.
Explanation:
From the provided data;
KKM's net ordinary income = $180,000 ($280,000 ordinary income - $80,000 of office expenses - $20,000 payment to Kaylyn).
Since the cash distributions to Kaylyn and Megan are not deductible.
Kristie's share of this income is equal to
30% of KKM's net ordinary income
= 30% 0f $180,000
= $54,000.
In addition, Kristie reports 30% of partnership charitable contribution
= 30% of $30,000
= $9,000 of her share of the partnership's charitable contribution.
Therefore, Kristie reports the following income from KKM during the current tax year: $54,000 ordinary income; $9,000 charitable contribution.
