“Because of inflation, prices have gone up considerably for almost everything.”
hope this helps
Answer: a. The auditor provides services to employee benefit plans sponsored by governmental entities
Explanation:
Department of Labor independence rules apply to the audit services that are provided to employee benefit plans.
The situation requiring an auditor to apply Department of Labor (DOL) independence rules is when the auditor provides services to employee benefit plans sponsored by governmental entities
Answer:
The correct answer is option D,19.
Explanation:
In calculating the above,two steps are involved-calculation of future value of $10000 invested at 6% for three years and calculation of number of years it would take to draw down the future value to less than $1000 by withdrawing $1000 every year beginning from year 3.
Using financial calculator,FV=FV(rate,nper,,-pv)
Please note negative in pv and the two commas
Rate=6%,nper=3 years and pv=$10000
Besides, the number of years was calculated using nper formula,which is given as:nper(rate,-pmt,pv,,1)
Find all calculations in the attached while also paying attention to the formulas.
Answer:
D. It is a fair and more reliable source of revenue.
Explanation:
Their tax base is reliable and the amount is tie to the person or business income, so more tax implies that the person is having higher income as well. This make it fair, because high-income taxpayers contribute more nominal amount than low-income taxpayers, but the rate is the same for both.
Appropriate channels selected is NOT a reason why a new product might fail.
