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Fudgin [204]
3 years ago
10

The evaluations of financial information through analysis of plausible relationships among financial and nonfinancial data is th

e definition of A. analytical procedures. B. auditing. C. tests of transactions. D. tests of balances.
Business
1 answer:
defon3 years ago
4 0

Answer:

A) analytical procedures

Explanation:

Analytical procedures are used by auditors as evidence to try find any indications that the financial records of their clients may have any problems like incorrect records due to accounting errors or fraudulent activity.

Different sets of financial and operational activity are compared to see if they remain constant during time or follow a historical certain pattern.

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CASE STUDYBUSINESS LAWAnderson Darragh, a real estate agent for RE/MAX, informed Bryan Thomas, a real estate developer, that he
Doss [256]
Based on legalities, Thomas has the right to refuse payment of the 8% commission to RE/MAX because he already stated his refusal during the meeting with Darragh nor did he sign the document that Darragh gave him during the meeting. Thus, there was no meeting of minds. 

Darragh is entitled to be given a reimbursement for his expenses incurred in securing documents that he willingly gave to Thomas. He can also ask Thomas for a recompensation for his labors but it will be according to Thomas's discretion. 

Darragh can't claim that he worked on implied consent from Thomas because Thomas specifically stated his refusal in paying for the 8% commission during their meeting but Darragh did not stop to renegotiate the commission nor convince Thomas to accept the contract. 
6 0
3 years ago
What could this sign is on the left side
Mnenie [13.5K]

Answer:

well the sign on the left showes a coffee and on the right they said twi dollars for the brewed coffee

4 0
2 years ago
Sean works in the human resource department of a well-known and highly respected maker of athletic equipment. He suggests that t
tester [92]

Answer: b. The company will be flooded with applications from individuals who are barely qualified.

Explanation:

By putting job advertisements on popular websites which are full of people looking for jobs, the company will attract people who are underqualified but apply anyway on the off chance that they are called for an interview. The company will incur costs sifting through the applications to find suitable candidates.

This will be a waste of the company's resources as those resources could have been directed at getting prospective employees that would be a better fit with the company and have the relevant qualifications. This could have been done by going to a recruiting agency for instance.

7 0
3 years ago
A Japanese insurance company purchases U.S. government securities. From the perspective of the United States, the balance of tra
Helga [31]

Answer:

a. not change; improve

Explanation:

Balance of trade is the difference in value over a period of time between a country’s imports and exports of goods and services,  usually expressed in the unit of currency of a particular country (e.g., dollars for the United States, yen for the Japan).

Balance of payments record the receipts and payments of the residents of the country in their transactions with residents of other countries.

A Japanese insurance company purchases U.S. government securities. From the perspective of the United States, the balance of trade with Japan will not change and the balance of payments with Japan will improve.

7 0
3 years ago
uction Services started the year with total assets of and total liabilities of . The revenues and the expenses for the year amou
VARVARA [1.3K]

Answer: $20,000

Explanation:

Net Income is the amount from revenue that the company made over expenses. It is therefore;

= Revenue - Expenses

= 110,000 - 90,000

= $20,000

<em>Note: Dividends are not considered in the calculation of Net Income as they are not expenses. </em>

8 0
3 years ago
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