When the auditors express an opinion on financial statements their responsibilities extend to : Whether the results of their client's operating decisions are fairly presented in the financial statements.
Explanation:
An auditor is a person or corporation assigned to conduct an audit by a client. To order to be an auditor, a person should have a credential or relevant credentials of the regulatory authority for accounting and auditing.
The auditor is someone who reviews financial records and checks them. They ensure consistency of financial records and correct payment of taxes. We monitor financial activities to ensure that companies operate efficiently.
A statement that somehow the auditor is liable for expressing an opinion on the audit's financial statements. Examining details of the sums and reports in the financial statements on a test basis; evaluating the accounting standards used and relevant management estimates;
Answer: D) A subsidiary is an invisible part of a business combination and should be included in its entirety regardless of the degree of ownership.
What is a basic premise of the acquisition method regarding accounting for a non controlling interest?
A) Consolidated financial statements should not report a non controlling interest balance because these outside owners do not hold stock in the parent company.
B) Consolidated financial statements should be primarily for the benefit of the parent company's stockholders.
C) Consolidated financial statements should be produced only if both the parent and the subsidiary are in the same basic industry.
D) A subsidiary is an invisible part of a business combination and should be included in its entirety regardless of the degree of ownership.
D) A subsidiary is an invisible part of a business combination and should be included in its entirety regardless of the degree of ownership.
Answer:Market segmentation is a marketing term that refers to aggregating prospective buyers into groups or segments with common needs and who respond similarly to a marketing action
Explanation:
There are many variables that affect both retention of skill and the ability to transfer it; such variables are the frequency of practice blocks, amount of practice, homogeneity of tasks etc. It is important to distinguish between ability to perform and ability to teach. While ability to perform goes up, it is probably that at some point, certain parts of the motor skill become automated; the recnstruction process is not needed anymore and the reflex is automatic. Due to this, an individual might have high ability to perform, while low ability to teach. When there are only a few repetitions, automations have not set in yet and the experimental subject is conscious of the whole process; he has to mentally reconstruct it and thus it is easier for him to transfer his knowledge to another.
