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Bezzdna [24]
3 years ago
13

If mistakes or fraudulent reporting behavior are discovered, auditors require the company to correct all significant information

before issuing financial statements.
TRUE or FALSE.
Business
1 answer:
stepladder [879]3 years ago
6 0

Answer:

The correct answer is True.

Explanation:

In the context of the audit of financial statements, fraud consists of recording intentional errors in the financial statements. The two main fraud categories are: fraudulent financial reports and asset misappropriation.

Fraudulent financial reports are characterized by containing errors or intentional omissions in the amounts with the intention of deceiving users. Most cases of fraudulent financial reports overestimate assets and income or omit financial liabilities and expenses to show higher income.

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Categories of manufacturing costs include ______. Multiple select question. direct labor manufacturing overhead direct materials
Luda [366]

Firms do create goods. Categories of manufacturing costs include direct labor, direct materials and manufacturing overhead.

<h3>What are manufacturing costs?</h3>

Manufacturing costs is grouped into materials, labor, and overhead. They are kinds of  direct costs.

Manufacturing cost is known to be the amount of costs of all resources taken into the process of creating a product. The manufacturing cost is grouped into three categories called: direct materials cost, direct labor cost and manufacturing overhead.

Learn more about manufacturing costs  from

brainly.com/question/13767214

4 0
2 years ago
_____ gives employers the benefit of keeping an experienced worker and gives older people a chance to make a continued contribut
Lunna [17]

Phased retirement gives employers the benefit of keeping an experienced worker and gives older people a chance to make a continued contribution at a more relaxed pace.

<h3>What is Phased retirement ?</h3>
  • A human resource's strategy called phased retirement enables full-time employees to work part-time hours while starting to receive retirement benefits.
  • Employers may be able to better manage or even lower payroll costs during the transition by utilizing phased retirement.
  • This plan enables the retiree to work less hours, often switching from full to part-time, and uses less payroll funds.
  • It is completely optional and requires the agreement of both the employee and the hiring organization.
  • An employee must have worked three years straight at a full-time job in order to be eligible to participate.

Learn more about retirement here:

brainly.com/question/14502477

#SPJ4

4 0
1 year ago
Real GDP per capita is NOT an adequate measure of
mrs_skeptik [129]

Answer:

The correct answer is the well-being of each person in an economy.

Explanation:

Also known as the "Standard of living", this is something that cannot be reflected from the per capital income, whether it's nominal or real. The reason is when you divide the GDP from the population, the assumption is all the GDP is distributed among the population equally.

But this is not the case in the real world and there are many variances, discrimination, discrepancies and inequalities when the wealth and resources are distributed.

5 0
3 years ago
Although the lines are blurring, the "many-to-many" media transmission function is largely the domain of ___.
elena-s [515]

Answer: digital content transmitted online.

Explanation: This is a new type of communication that allows users to communicate with large audiences online simultaneously. This is done using social media platforms. This is often done in 2 ways: a platform where the audience can watch and react in real time, or a platform where the audience can only watch and listen. During a many - to - many transmission, of the people participating, each individual can post a message and each individual can receive the message. An example of this on social media right now is Instagram live.

6 0
3 years ago
Si tuvieras que decidir por pagar un artículo, ¿cuál de estas formas de pago escogerías, pagar en efectivo, pagar con tarjeta de
dexar [7]

Answer:

Possitife thinking

Explanation:

Bella Dally

5 0
3 years ago
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