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
swat32
3 years ago
12

Professional skepticism related to detecting possible fraud involves the validation of information through probing questions. cr

itical assessment of evidence, and attention to inconsistencies.
Business
1 answer:
Gnom [1K]3 years ago
6 0

Answer:

True

Explanation:

Professional skepticism is an examining mindset which makes you conscious of the situations that may suggest possible error or scam as well as a critical evaluation of audit facts.

You might be interested in
1. What's NOT an assumption we usually make about costly products and services?
zloy xaker [14]

Answer:

B

Explanation:

I would assume the correct answer would be B. This is because when you go to a store you typically assume the higher cost item is of higher quality then the lower cost item. For example: One may buy a yeti cooler over an igloo cooler because the very high price tag makes them feel as if the cooler is just that much better then the competitor. If correct please mark brainliest.

3 0
3 years ago
Cash receipts for January are expected to total $171,000. Cash disbursements for January are expected to be $158,000. The compan
Monica [59]

Answer:

Expected cash balance = $48000

Explanation:

Given

Cash receipts = 171000

Cash disbursements = 158000

Starting period = 35000

Minimum desired cash balance = 10000

From the above,

Cash available = Cash receipts + starting period

= 171000 + 35000

= 206000

Therefore,

Cash balance at the month end

= Cash available - Cash disbursements (payments)

= 206000 - 158000

= $48000

7 0
3 years ago
Government in a market system can increase economic efficiency by collecting taxes in order to subsidize the production of Group
deff fn [24]

Answer:

Government in a market system can increase economic efficiency by collecting taxes in order to subsidize the production of

public and quasi-public goods.

Explanation:

Public and quasi-public goods can only be provided efficiently by the government or quasi-government organizations for the benefit of every member of the society, without exhibiting the characteristics of a private good. Public and quasi-public goods are known to be non-excludable and non-rivalrous, with partial diminishability and rejectability.

3 0
3 years ago
Given a reserve requirement of 12.5%, a bank currently meets their reserve requirements with $15,000,000 in excess reserves. If
STatiana [176]

Answer:

1.5%

Explanation:

Reserves is the total amount of a bank's deposit that is not given out as loans  

Required reserves is the percentage of deposits required of banks to keep as reserves by the central bank  

Excess reserves is the difference between reserves and required reserves

Total increase in reserve = $15,000,000 + $1,800,000=  $16,800,000

New excess reserve = total increase in reserve x initial reserve requirement) / initial excess reserve

($16,800,000 x 12.5%) / $15,000,000 = 14%

Increase in reserve requirement = 14% - 12.5% = 1.5%

8 0
3 years ago
Strong global competition can result in ____ in the United States.
ira [324]
The correct answer that would best complete the given statement above would be option A. <span>Strong global competition can result in increased salaries in the United States. When we say global competition, this is the services or products provided by competing companies who are serving customers internationally. Hope this helps.</span>
4 0
4 years ago
Read 2 more answers
Other questions:
  • The Attaran Corporation manufactures two electrical​ products: portable air conditioners and portable heaters. The assembly proc
    13·1 answer
  • Investment is equal to all purchases of newly produced capital goods Select one: a. minus changes in business inventories. b. pl
    6·1 answer
  • Marcia is the top leader of the matrix structure for an international company manufacturing environmental compliance equipment.
    8·1 answer
  • XYZ Corp. has issued $30 million of debentures. Each bond issued has a warrant attached enabling the holder to buy three shares
    13·1 answer
  • In 2018, Cindy is married and files a joint return. She operates a sole proprietorship in which she materially participates. Her
    10·1 answer
  • Which business letter feature is found at the top of the page?
    6·2 answers
  • Vaughn Manufacturing gathered the following reconciling information in preparing its August bank reconciliation: Cash balance pe
    9·1 answer
  • Suppose the government decides that every family should own its own home. To bring this about, the government decides to subsidi
    15·1 answer
  • A farmer needs to borrow $1,000. The local PCA will make a 2-year loan fully amortized at 10% (annual rate) with quarterly payme
    15·1 answer
  • Over the period of a year, Julie’s net worth decreased. Which of the following could be true? a. Julie’s assets and liabilities
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!