Answer:
a. Register with the Public Company Accounting Oversight Board.
Explanation:
As per the standards of Auditing an auditor has to be registered as an public accounting firm, and then only it can perform audit for public companies.
For this, it has to be registered with PCAOB United States.
where, PCAOB stands for Public Company Accounting Oversight Board.
Therefore, correct option is a.
Answer:
corporations can obtain financing at lower rates
Explanation:
Convertible debts are a type of long term capital financing that has the option of converting the debt into stock or equity. Corporations issue convertible debts to balance equity and liabilities.
A convertible debt will usually have a lower interest because the holder of the debt has the option of converting it to stock. A conversion occurs after a certain period. Investors willingly opt for convertible debts as the conversion aspect makes them less risky. Companies will opt for them because they are less expensive in interest payments, hence a cheaper form of obtaining capital.
Answer: d.have adequate protection against a potential drop in earnings jeopardizing their interest payments
Explanation:
The Times Interest Earned Ratio is a measure that allows for the analysis of if a company can keep up it's debt payments.
It is calculated by dividing the Earnings before Interest and Tax by the Interest Expense of the debt.
The higher the number, the better because it means that they can keep up debt payments several times over.
As Debtors therefore, this figure is important because missing a debt payment is very bad for credit ratings and this matrix helps them realise if they can keep paying for debt even if their Earnings drop.
Answer:
1. True 2. True 3. False 4. True
Explanation:
Identify whether the given statements about climate change and economic growth are true or false.
1. Poorer countries have historically been responsible for the bulk of world carbon emissions because of poor technology and environmental regulations.
<em>True, because they cannot afford advanced technologies that minimize carbon emissions and most of their production assets produces waste in form of emissions that damages the environment e.g. gas flaring</em>
2. Air and water quality in developed countries is generally much better today than it was several decades ago.
<em>True, over time governments have increased spending in the area of public health and waste management.</em>
3. Tackling climate change issues is likely to only modestly dent long-term economic growth.
<em>False, because tackling climate change will protect the environment and the resources therein which are harnessed for economic growth.</em>
4. Carbon emissions are negatively correlated with economic growth.
<em>True, because carbon emissions damage the environment which holds the resources for economic growth.</em>
Answer:
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