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yanalaym [24]
2 years ago
10

A CPA firm should establish procedures for conducting and supervising work at all organizational levels to provide reasonable as

surance that the work performed meets the firm’s standards of quality. To achieve this goal, the firm most likely would establish procedures for:
Business
1 answer:
puteri [66]2 years ago
5 0

Answer:

The correct answer is Reviewing documentation of the work performed and reports issued.

Explanation:

Supervising staff could be a complicated and quite laborious task when not done correctly. In addition, the employee may feel observed and even intimidated.

To avoid the above, it is important to look for a better way to supervise staff, trying to avoid constant harassment to which they feel exposed. Following this helps a lot in this process:

Constant monitoring. Constant monitoring does not warrant that the supervisor does not take off from the employee like a shadow. Supervisions can be daily, yes, but that depends on the activity that is carried out and how safe the supervisor is of the training provided to the worker.

Written evaluations. These evaluations can be carried out thanks to the monitoring of the previous point (always in writing and, preferably, signed by employee and supervisor), or, they can be small tests and knowledge tests, depending on the area in which the worker performs.

The form of evaluation will always depend on the supervisor, on what he considers most effective and on the activities to be monitored and evaluated.

Write a document per employee. The file must include the following:

  • The progress of each employee in the assigned projects and activities.
  • The job description signed by the director / manager, direct supervisor and employee.
  • There must be two goals: one original that remains in the address and a copy for the worker.
  • Any evaluation in writing (regardless of deadlines, although preferably it could be monthly) that shows the worker's performance.
  • Evidence of conversations between the director and supervisor about the worker's performance, duly signed and dated.
  • Records of complaints from the worker to the company and from the company to the worker.
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Alice listed a three-bedroom home for her client, but before she finds a buyer, the home burns to the ground. What happens to th
Nezavi [6.7K]

Answer:

The agency agreement is terminated upon destruction of the property.

4 0
2 years ago
Steven's Auto is trying to decide whether to lease or buy some new equipment costing $23,000 that has a life of three years, aft
jolli1 [7]

Answer:

$1,241

Explanation:

For computing the net advantage to leasing first we have to determine the total cash flow from leasing and total cash flow from buying which is shown below:

For leasing:

Year       Lease payment      PVF at 5.8%    Present value

1              $6,500                   0.9452             $6,144

2             $6,500                   0.8934             $5,807

3              $6,500                  0.8444              $5,489

Total outflow                                                   $17,440

For buy:

Year      Outflow or inflow     PVF at 5.8%    Present value

0            ($23,000)                    1                      ($23,000)

1              $1,610                       0.9452             $1,522

2             $1,610                        0.8934             $1,438

3              $1,610                       0.8444              $1,359

Total outflow                                                   $18,681

Now the net advantage to leasing is

= Buy outflow - leasing outflow

= $18,681 - $17,440

= $1,241

7 0
3 years ago
Typing, Inc. has been an S corporation since its inception. On July 4, 2019, Typing distributed $50,000 to Jerusha. Her basis in
lisabon 2012 [21]

Answer:

Answer is $15,000

$6,000 share of ordinary income plus $9,000 gain for a $50,000 distribution in excess of her $41,000 stock basis.

3 0
3 years ago
When should you write a functional (skills) résumé? a. when you work history does not have obvious gaps. b. when you are making
Paul [167]

One should write a functional (skills) resume when you are making a career change.

<h3>What is a resume?</h3>

A resume is a document that outline information about a job applicant including his or professional experience.

The document also contains applicant work skills and background details.

Hence, one should write a functional (skills) resume when you are making a career change.

Learn more about resume here : brainly.com/question/14178136

#SPJ4

5 0
2 years ago
Lewis company has $25,000 in retained earnings, $40,000 in assets, and $11,000 in liabilities. how much is in common stock?
Nimfa-mama [501]
<span>BASIC FORMULAE IS ASSETS -(LIABILITIES +COMMON STOCK)=RETAINED EARNINGS SO, BY SUBSTITUTION 40000-(11000+COMMON STOCK)=25000 THUS COMMON STOCK 4000</span>
6 0
3 years ago
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