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
Katyanochek1 [597]
3 years ago
14

Which of the following is a correct statement regarding the nature and timing of communications between an accounting firm perfo

rming an initial audit of an issuer and the issuer's audit committee?
A. Prior to accepting the engagement, the firm must orally affirm its independence to the audit committee with all members present.
B. The firm must address all independence impairment issues on the date of the audit opinion.
C. Communications related to independence may occur in any form prior to issuance of the financial statements.
D. Prior to accepting the engagement, the firm should describe in writing all relationships that, as of the date of the communication, may reasonably be thought to bear on independence.
Business
1 answer:
tino4ka555 [31]3 years ago
8 0

Answer: <u><em>Option (A) is correct</em></u>

Explanation:

In accordance with the complexion and state of communications in betwixt an accounting firm evaluating an initial audit of an individual and the individual's audit committee, option (A) is the most suitable one.

i.e. Preceding to acceptance of the commitment, the organization should characterize in writing accord that, as of current time period of communication, may judiciously be apprehended to take on independence.

You might be interested in
Claudine loves to sail but does not have her own boat. Luckily, her friend from sailing class, Misty, has agreed to loan her a s
KengaRu [80]
It should be D) conversion i hope i helped you have a nice day :)
Form Tara Myers
and i'm in
4th fourth
Grad
6 0
3 years ago
Dr. Montgomery recently graduated from medical school and his wife bought him an engraved stethoscope. The stethoscope cost $160
olasank [31]
<h3>Answer: $172.8</h3>

That's correct :)

7 0
3 years ago
Which of the following is most likely to create a long-term trend? A. Fashion B. Entertainment C. Television shows D. Demographi
VMariaS [17]

Answer:

I think it's A.fashion

7 0
3 years ago
For calendar year 2018, Stuart and Pamela Gibson file a joint return reflecting AGI of $350,000. Their itemized deductions are a
Murljashka [212]

Answer:

$71,300

Explanation:

Stuart and Pamela Gibson

Casualty loss $13,600

[$48,600 – (10% × $350,000)]

Home mortgage interest 19,000

State tax 10,000

(18,000 income and 16,300 property

Limited to 10,000)

Charitable Contributions 28,700

Total itemized deductions 71,300

6 0
3 years ago
Where can aspiring entrepreneurs go to get their questions answered?
Nataliya [291]
Aspiring entrepreneurs can go to the internet, experienced entrepreneurs, Chambers of Commerce, Small Businessn Administration (SBA), college/university, or the community to get their questions answered. Hope this helps.
5 0
4 years ago
Other questions:
  • Tennill Incorporated has a $1,400,000 investment opportunity with the following characteristics: Sales $ 4,480,000 Contribution
    11·1 answer
  • Josiah wants to edit a conditional formatting rule. Savannah wants to create a new rule, and Noah wants to delete a rule. Where
    13·2 answers
  • Which of the following is a resource for locating job information?
    9·1 answer
  • You purchase a share of Boeing stock for $90. One year later, after receiving a dividend of $3, you sell the stock for $92. What
    9·1 answer
  • You've created a letter from a blank document . To format this letter with a unified font, colors , and effects you'll apply a
    9·1 answer
  • When the Fed wants to expand the money supply through open market operations, it:______
    6·1 answer
  • If a production function has constant returns to scale, output can be doubled if:
    14·1 answer
  • Many stores are open 24 hours a day. When store managers make the decision to stay open 24 hours, it must be the case that a. th
    9·1 answer
  • Brinkley Corporation needs to estimate the profit for a new product. Profit is selling price minus cost. The selling price for t
    8·1 answer
  • Steady Company’s stock has a beta of 0.20. If the risk-free rate is 6% and the market risk premium is 7%, what is an estimate of
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!