The person primarily responsible for periodically reviewing the financial reports and analyzing aspects of the company's operations is Internal auditors.
An auditor is a person authorized to review and verify the accuracy of financial records and ensure that companies comply with tax laws. All monetary auditors are accountants, however not all accountants are economic auditors.
The work of an audit supervisor is to oversee the moves and practices of the auditors in an company and to make certain the auditors follow the guidelines and guidelines set with the aid of the agency.
A business enterprise's management has the obligation for getting ready the agency's financial statements and associated disclosures. The organisation's outside, independent auditor then topics the monetary statements and disclosures to an audit.
Learn more about financial reports here:-brainly.com/question/24498019
#SPJ4
Answer:
Check the calculations below
Explanation:
A. 12%-4%=8%
B. If real income was higher, the inflation level would decrease subject to the consumers budget constraints. In other words, they will make the same amount of money but their purchasing power per dollar will increase.
C. In this case, an increase in money would cause the inflation rate to increase. If we think about the past and events such as hyperinflation, look at what the cause was. Governments were printing money to pay debts, which in turn was decreasing the value of their currency. In this case, people would get paid and run to the store to spend their money because their dollars today may only be worth 50 cents tomorrow or in some cases, the next hour. Therefore, our answer is if the velocity of money keeps growing, inflation will keep growing as well. These two variables are pro cyclical with each other meaning they move together.
Answer:
Hong Kong's economy was able to sustainably grow at very high rates during a long period of time. This means that Hong Kong's GDP per capita will constantly grow, so even if it started at a very low level it eventually grow to much higher levels.
Meanwhile, in Argentina and Venezuela, the economic growth rate was very small, sometimes even negative. Their GDP per capita may have been much higher than Hong Kong's 50 years ago, but since it stagnated for so long, it didn't grow that much.
General education is the "very first part of the degree before you get into the main classes." General education is dealing with college and it's the first part of college before you get your main classes and such. General education also makes up a great amount of a degree.
Hope this helps.
Answer:
final lower-of-cost-or-market inventory value is $155
correct option is $155
Explanation:
given data
product cost = $162
replacement cost = $155
realizable value = $160
profit margin = $10
to find out
final lower-of-cost-or-market inventory value
solution
we know that according to the inventory accounting that
inventory value is the lower of cost or the market value or the replacement cost is taking as basis for the inventory fair value so
here we have given value $162 and $155 and $160
so the lower value of all these is $155
so final lower-of-cost-or-market inventory value is $155
correct option is $155