Answer: B) Only I
Explanation: The first rule regarding reporting requires that the auditor indicate in his report whether the financial statements were prepared in accordance with the generally accepted GAAP accounting principles. The term "accounting principles" used in the first information standard shall be understood to cover not only accounting principles and practices but also the methods of their application at a particular time. There is no comprehensive list of GAAP, since both written and oral principles are accepted in accounting.
Answer:
an applicable Good Samaritan statute.
Explanation:
Good Samaritan law protects those that act to help someone the perceive to be injured, ill, in peril, or incapacitated.
This law was put in place to protect bystanders that want to help a person that is injured. They will not be held liable in case of wrongful death or unintentional injury.
So the suit against Elise for negligence by the Forest Trail Marathon participant is not enforceable as she is immune from liability under the good samaritan statute.
Answer:
A trust
Explanation:
A trust is a kind of business that acts as a fiduciary or a trustee of property on behalf of another party.
Typical functions of a trust includes administration and management of the business.
The assets are eventually meant to be transferred to another person.
In the given scenario Hannah is running a hospitality business which she recieve backing from investors.
The investors have entrusted Hannah with the running of the business. So this is a trust
Answer:
Innovation for new products occurs which keeps firms competitively challenged
Explanation:
Free trade can be regarded as a
theoretical policy , that governments use when there is no imposition of
tariffs/taxes, as well as duties on imports as well as exports.
free trade can be regarded as the opposite of protectionism. It should be noted that One advantage of free trade is Innovation for new products occurs which keeps firms competitively
