Answer is A!!! The purpose of the audit was to report on the financial statements not to provide assurance on internal control
Answer: Option (B)
Explanation:
This is because under this scenario the holder in due time of the negotiable instrument tends to have the priority over the early perfected known security interest, also the best known way in order to perfect the security interest under an negotiable instrument is done by taking possession of the instrument, since doing so prevents the later individual from adapting to the holder in due time.
Answer:
e. education reimbursements
Explanation:
Incentives can be defined as a financial motivation, rewards or compensations which are given to either employees working in an organization or a group of people in order to motivate them to do more or take certain steps (actions) and give their best. Some examples of an incentive are profit-sharing plans, signing bonus, stock options, bonuses, commissions, raises etc.
However, education reimbursements is not an example of an incentive.
It is a settlement agreement, where the defendant could pay the plaintiff an agreed amount to settle the dispute.
Answer: $46666.67
Explanation:
From the question, we are informed that Henri earned a salary of $50,000 in 2001 and $70,000 in 2006 and that the consumer price index was 177 in 2001 and 265.5 in 2006.
For us to calculate Henri's 2006 salary in 2001 dollars, we have to multiply Henri's 2001 real salary by the price in 2001. This will be:
= (70000/265.5) × 177
= $46666.67