To be able to use the Certified Public Accountant title, you need to be regulated by the <u>American Institute </u><u>of </u><u>Certified Public Accountants.</u>
<h3>Duties of the American Institute of Certified Public Accountants. </h3>
- Issue the CPA designation in the United States.
- Act as the representative body for certified accountants in the U.S.A
The AICPA is therefore very important in the United States and for one to be recognized as a proper accountant, they need to be AICPA approved and regulated.
In conclusion, option A is correct.
Find out more on the AICPA at brainly.com/question/5041945.
Answer:
This is a correct equation for Brand X tire demand.
Explanation:
We can be sure that this is an accurate equation for demand by cheking if the slope is negative as the demand decrease when the price increase
Q= 800 - 5P
dQ/dP = -5
the slope is negative the quantity decreases as price increases so this is a demand equation.
Answer:
=$ 25,500
Explanation:
cash equivalents will be petty cash + cash at bank
= 500+20,000+5000
=$ 25,500
Cash or cash equivalent refers to assets held in the form of cash or can easily convert into cash in less than 90 days. Examples of cash include petty cash, cash in hand, cash in the bank, and debt securities whose maturity is within 90 days. Cash or cash equivalent appears at the top on the list of assets in a balance sheet.
Marketable debt securities are short-term to bond issued by a corporation and held by another company. They are listed as a current asset if they are to be sold within one year to long term investment if they are expected to last longer. Marketable equity securities are capital instruments. They are listed as current assets if they are to be liquidated in one year or long term investment if longer.
Answer:
Adjustments are made at the end of the accounting period because making them on a daily basis would be inefficient.
Explanation:
Adjusting entries are adjustments made on accounts to recognize revenue or expenses that were not properly recorded before. They are usually done at the end of the month or the end of the accounting period to balance debit and credit records.
While you record daily transactions the same day in which they occur.
Answer:
1. adding groups
2. sorting groups
3. adding totals
4. previewing the report
Explanation:
The options that are available on the Group, Sort, and Total pane are:
1. adding groups
2. sorting groups
3. adding totals
4. previewing the report
Therefore, given that Group, Sort, and Total pane give necessary options to amend the report's grouping fields, sort fields, add totals, and eventually report calculations for the groups when needed.