1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alecsey [184]
3 years ago
10

An investor seeking to recover stock market losses from a CPA firm associated with an initial offering of securities based on an

unmodified opinion on financial statements that accompanied a registration statement, must establish that:
Business
1 answer:
erastovalidia [21]3 years ago
7 0

Answer:

The audited financial statements contain a false statement or omission of material fact.

Explanation:

Base on the scenario been described in the question, for an investor seeking to recover stock market losses from CPA, he must established that the audited financial statements contain a false statement or omission of material fact. If he can be able to establish this fact or prove that the statement contains false material, he will be able to recovery the stock losses in the market . The statement provides the prove he needs .

You might be interested in
What can you expect when you ask clients for testimonials?
Bogdan [553]
Most clients rather than write out a testimonial are more willing to approve a testimonial that you've written as it saves time for them and improves their relationship with you.
5 0
3 years ago
____________ include veterans’ payments, welfare, and social security payments..
zvonat [6]

Answer:

<u><em>Statement of Payments</em></u>

Explanation:

<em><u>Statement of Payments</u></em> include veterans’ payments, welfare, and social security payments..

<u><em>Social Security Benefits </em></u>are payments made to qualified retirees, disabled persons, to their spouses, children and survivors etc.

<u><em>A statement of payments</em></u> is  usually submitted with income tax return to receive the Senior Citizens'€™ Exemption.

7 0
3 years ago
Which of the following is NOT considered to be one of the three primary functions that all organizations​ perform? A. research a
lidiya [134]

Answer: Research and development

Explanation: Primary functions are those functions which ensures that the essential requirements to operate the business efficiently are met. These require monitoring by the second level managers of the organisation.

Production, marketing and finance are the basic needs of an organisation for living in the market. Research and development is not an activity without which the business won't be able to run.

Thus, we can conclude that the right answer is Option A.

6 0
2 years ago
Your portfolio consists of an index mutual fund which represents the overall market and Treasury bills. The mutual fund has a po
pshichka [43]

Answer:

8.01%

Explanation:

Expected return on mutual fund = Risk-free rate + Market risk premium*Beta

Expected return on mutual fund = 3% + 7.7%*1

Expected return on mutual fund = 10.70%

Best estimate of the portfolio expected rate of return = Weight of  mutual fund*Expected return on mutual fund + Weight of  risk-free Treasury bills*Expected return on risk-free  Treasury bills

Best estimate of the portfolio expected rate of return = 65%*10.70 + 35%*3

Best estimate of the portfolio expected rate of return = 0.08005

Best estimate of the portfolio expected rate of return = 8.01%

7 0
2 years ago
Suppose Marco is willing to tutor for $15 an hour. On Tuesday, he will tutor Kelly for 1 hour and Mike for 3 hours. Kelly will p
grandymaker [24]

Answer:

Total producer surplus= $30

Explanation:

Producer surplus is the difference between the price a seller is willing to sell and the market price or actual price at which the item is bought. The producer surplus is the additional benefit the seller gets from a sale.

Consumer surplus= Market price - Price seller is willing to sell for

Marco is willing to sell at $15 hour

Kelly is willing to pay $30 per hour

Mike is willing to pay $20 per hour

Surplus from Kelly= 30- 15= $15

Surplus from Mike= 20- 15= $5

Total producer surplus= ($15*1 hour) + ($5 *3 hours)

Total producer surplus= 15 + 15= $30

3 0
2 years ago
Other questions:
  • Jeremy is studying the effects of income on the demand for Greek ceramics. If "ceteris paribus" is used, which factors would be
    11·1 answer
  • During the current fiscal year, jeremiah corp. signed a long-term noncancellable purchase commitment with its primary supplier.
    6·1 answer
  • The EPA is responsible for setting and enforcing regulation related to
    11·1 answer
  • Choose all that apply. Adrianna will be a college freshman soon and she is struggling to make a career choice. Which activities
    14·2 answers
  • Recommend four aspects you would include when preparing a flyer
    13·2 answers
  • Judith puts $5000 into an investment account with interest compounded continuously. which approximate annual rate is needed for
    13·1 answer
  • Which of the following could most likely have prevented the accounting scandals of the early 2000s and the global financial cris
    7·1 answer
  • Historical development of logistics
    12·1 answer
  • Choose, define, and restrict a topic based on a problem or issue you might deal with in one of the following divisions of a comp
    6·1 answer
  • Preparing Adjusting Entries, Financial Statements, and Closing Entries
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!