I think the answer is false because 50% of the world has access to the internet.
An audit client hires a member of the audit engagement team to be its new controller. Sarbanes-Oxley rules require that: The new controller sever all relations with the CPA firm, including any retirement funds.
<h3>
What is the Sarbanes-Oxley act? </h3>
- The Sarbanes-Oxley Act of 2002, a federal law, was established for sweeping auditing and financial regulations for public companies.
- Lawmakers created the legislation to assist protect shareholders, employees and therefore the public from accounting errors and fraudulent financial practices. Auditors, accountants and company officers became accountable for the new set of rules.
- These rules were amendments and additions to many laws enforced by the Securities and Exchange Commission (SEC), including the Securities and Exchange Act of 1934 and therefore the Investment Advisers Act of 1940.
- The Sarbanes-Oxley Act is enforces by SEC
To learn more about Sarbanes-Oxley Act: brainly.com/question/27915345
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B just downloading programs that you think will be good that you will probably only use once is a waste of space on your hard drive and can cause the computer to run slowly. not only that but then you can also get a bunch of unwanted viruses by downloading programs you think you will like
Answer:
Total overhead rate = $34.17 per machine hour
Explanation:
The total overhead rate would the sum of the variable overhead rate and the fixed overhead rate
<em>The pre-determined fixed overhead absorption rate = Estimated fixed overhead /Estimated machine hours </em>
<em>DATA:</em>
<em>Estimated overhead - $256,500.</em>
<em>Estimated machine hours - 10,000 machine hours</em>
The pre-determined fixed overhead absorption rate =
$256,500/ 10,000 machine hours = 25.65 per hour
<em>The pre-determined overhead absorption rate = $25.65 per hour</em>
Total overhead rate = Variable rate + Fixed rate
= $8.52 + $25.65 = $34.17
Total overhead rate = $34.17 per machine hour
Answer:
buyer; seller
Explanation:
A "debit memorandum" is also known as a "debit memo." It is often a notification to the buyer or customer that <em>debit adjustments</em> were made to their bank accounts.
However, if the buyer returns the goods to the seller due to any reasons (such as damaged goods or incorrect goods), the buyer issues the debit memo. This will notify the seller that a debit has been made to his account in the buyer's records. It also means that <em>the buyer is requesting for a return of funds from the seller.</em>
So, this explains the answer.