Answer:
C. A discipline that enhances the degree of confidence that users can place in financial statements.
Explanation:
Independent auditing includes the process of auditing by an independent auditor. It involves the process of analyzing and examining the financial transactions and records. The company's accounts, the business records, the transactions are all monitored and audited so as to avoid any unprecedented act. It do not indulge any means of profit in the whole process. Independent auditing is adopted by the shareholders in order to protect from any sort of frauds or unacceptable claims made in terms of financial records.
Answer:
The correct answer is C)
Money Market Funds
Explanation:
Money Market Funds is not a Savings Account.
Any mutual fund that invests in short-term debt instruments, cash, and cash equivalents such as Treasury Bill and Commercial Paper which is high in quality may be refered to as a money market fund. So it is essentially an investment not a savings account.
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Answer and explanation:
Several effects could result in not following legal mandates for an organization. Lawsuits, penalties and fines, a decrease in reputation, and loss of opportunities are the most immediate. However, even if those consequences are obvious, some companies surpass legal regulations to avoid expenses that could reduce their revenue.
The answer to this question is <span> Huxley; Wilberforce
Wilberforce use an argument that it's impossible for human to be the descendant of apes because both are whole different species.
Huxley argued that human was another species of primate that able to survive through natural selection, so humans does not necessarily shares identical genetics as apes.</span>
Answer:
C. $4 million
Explanation:
With regards to the above we need to compute first the net profit, before the EBIT.
Gross profit
$3.1 million
Less : operating expenses
($0.6 million)
Net profit
$2.5 million
Therefore, the EBIT is computed as;
EBIT = Net profit + other income
EBIT = $2.5 million + $1.5 million
EBIT = $4.0 million.
The value of EBIT is $4 million.
