Answer:
c. The owner of a company is the accountant's father.
Explanation:
Standard for Accounting and Review services (SSARS) is used for an entity that is not required to file financial statements with a regulatory body for sale of its securities in the public market.
It is concerned with unaudited financial statements and other unaudited information.
According to the SSARS when the accountant is exposed to bias by being related or having vested interest in the company he is precluded from issuing a review report on the companie's financial statements.
Answer:
The closing budgeted cash balance is $51,600,option iv
Explanation:
Ending cash balance is computed below:
Opening cash balance $95,700
Cash receipt from sales $421,500
Budgeted cash disbursements for purchases ($276,500)
Budgeted cash disbursements for salaries ($96,700)
Other budgeted cash expenses ($58,700)
Cash payment of bank loan ($33,700)
Month end cash balance $51,600
The budgeted depreciation expense of $35,700 has no cash implication as it is a mere allocation of asset cost over relevant years .
Ultimately the closing budgeted cash balance is $51,600
Less than 10% is the percentage of Greek students that would participate in a hazing activity, even if it made them uncomfortable. This percentage is justifiable because student participation in hazing activities is prohibited and the accompanying danger to physical and mental health induced to a student is one factor that makes it more off-putting.
Answer:
Explanation:
Poverty Is the biggest enemy of education on every level. Poor students fall victim to health issues and lifestyle that hinder their ability to study or learn.
Education can help in eradication of poverty, those in poverty can only be benefit from education. Right education can lift people from poverty and can also improve their health issues, financial crisis, it can change their lives. It is the fact that poverty is both cause and effect of lack of access to education.
Lack of education causes many issues such as:
Poor health or nutrition deficiency is seen among people due to illiteracy.
Lack of education causes gender inequality.
lack of skilled labor and less productivity is seen.
Lack of opportunity as people are ignorant. Hence lifestyle is low.
These are some problems faced by the poors, as their common characterstics include - Nutritional deficiency, low standard of living, large size of family, unemployment.
“Education is not a way to escape poverty,it is a way to fight it” - J. Nyerere
I believe, it is not easy to explain the relation between poverty and education, yet I tried my best.
Thank you.