Answer:
In a command economy, the government controls major aspects of economic production. The government decides the means of production and owns the industries that produce goods and services for the public. The government prices and produces goods and services that it thinks benefits the people.
A financial statement audit is the examination of an entity's financial information and accompanying exposures by a liberated auditor.
<h3>What is the main objective of the audit of financial statements?</h3>
The purpose of an audit of financial statements is to enable the auditor to communicate an opinion on whether the financial statements are prepared, in all material respects, by an applicable monetary reporting framework.
External auditors are accountable for auditing the company's financial statements and delivering reasonable assurance that they are presented fairly and following GAAP and that they recollect a true representation of the company's financial position and end of operations.
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Answer:
13.432%
Explanation:
The computation of the expected rate of return using the CAPM model is shown below:
Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)
where ,
Beta is
= 2.16 × 0.60 + 0.69 × 0.40
= 1.296 + 0.276
= 1.572
Now placing the other items values
So,
= 4% + 1.572 × (10% - 4)
= 4% + 1.572 × 6%
= 4% + 9.432%
= 13.432%
Answer:
D) All of the above
Explanation:
The Health Insurance Portability and Accountability (HIPAA) privacy rules were designed to protect a person's medical records and other relevant medical information. Entities covered under HIPAA are: health plans, health care clearinghouses, and health care providers who electronically transmit any health information.
Incidental disclosures are not considered a HIPAA violation. A disclosure is incidental if the organization applied reasonable safeguards and implemented the minimum necessary standard.
The international Fisher effect is the difference in nominal interest rates across countries reflecting the difference in expected rates of inflation in those countries.
<h3>What does the Fisher effect show?</h3>
It shows that the nominal rate of interest in a nation usually follows the inflation rate because an inflation-adjusted rate needs to be formed.
This then leads to a change in exchange rates between countries because the difference in nominal rates shows the difference in inflation which is what devalues or appreciates a currency.
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