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
denpristay [2]
3 years ago
10

When the auditors express an opinion on financial statements their responsibilities extend to:

Business
1 answer:
Westkost [7]3 years ago
4 0

When the auditors express an opinion on financial statements their responsibilities extend to : Whether the results of their client's operating decisions are fairly presented in the financial statements.

Explanation:

An auditor is a person or corporation assigned to conduct an audit by a client. To order to be an auditor, a person should have a credential or relevant credentials of the regulatory authority for accounting and auditing.

The auditor is someone who reviews financial records and checks them. They ensure consistency of financial records and correct payment of taxes. We monitor financial activities to ensure that companies operate efficiently.

A statement that somehow the auditor is liable for expressing an opinion on the audit's financial statements. Examining details of the sums and reports in the financial statements on a test basis; evaluating the accounting standards used and relevant management estimates;

You might be interested in
When it comes to investing, what is the typical relationship between risk and return
Harlamova29_29 [7]
When it comes to investing, the typical relationship between the risks and returns was that the greater the potential risk, the greater the investment return an investor will get. That is why investments are very risky, and an investor must be a risk-taker to attain such success. 
8 0
2 years ago
Read 2 more answers
WILL GIVE BRAINLIEST
shepuryov [24]

the answer is b:) because high interest rates mean increased cost for all the others since it is not a fixed cost for them

8 0
3 years ago
Read 2 more answers
At a specific point on the demand curve for backpacks, the elasticity of demand is calculated to be -0.5.a. At that point, we wo
anzhelika [568]

Answer:

Inelastic; 5%; fall; 10%; rise

Explanation:

Price elasticity of demand is always negative for normal goods. This happens because of the law of demand, that demand falls with rise in price.

Price elasticity between 0 and 1 shows inelastic demand.

This means that there is smaller change in demand due to a greater change in price level.

Price elasticity of demand is -0.5.

If the price falls by 10%, demand will increase by 5%.

The revenue will fall, because of greater fall in price.

If the price increases by 20%, demand will fall by 10%.

Revenue will increase because of greater increase in price.

4 0
3 years ago
Read 2 more answers
The objectives of U.S. monetary policy are to achieve​ ______.
SSSSS [86.1K]

Answer:

A. maximum employment and stable prices

Explanation:

The Fed has various roles. Among its key objectives is to monitor the economy to ensure maximum sustainable economic growth. To achieve this growth, the Fed uses different monetary tools to regulate inflation and influence unemployment levels.

The Fed receives economic data from other government agencies that help it determine the appropriate cause of action. For example, if the bureau of labor statistics reports a high level of unemployment, it could mean the economy is slowing down. The Fed then applies expansionary policies to stimulate growth.  If inflation is low or very high, it affects price stability. The Fed has tools to regulate inflation.

4 0
3 years ago
How much should an airline charge students for a ticket if the price it charges the general public is $360?
Archy [21]
$300 
i made a guess.

hope it helped

6 0
2 years ago
Other questions:
  • __________ is a sourcing strategy in which a company uses a single supplier for one particular part or service and another suppl
    15·1 answer
  • Which of the following best defines the General Electric fastworks approach
    15·1 answer
  • What happen during periods of hyperinfation?
    8·1 answer
  • A bond’s is generally $1,000 and represents the amount borrowed from the bond’s first purchase. • A bond issuer is said to be in
    15·1 answer
  • Aldoor, a smart phone manufacturer, understands that word-of-mouth marketing is an important aspect in the success of a product.
    5·1 answer
  • 3. If the interest rate at the bank for a savings account is 0.03%, how much money would you need to leave in the account for on
    6·1 answer
  • (1 pt) The manager of a large apartment complex knows from experience that 90 units will be occupied if the rent is 420 dollars
    10·1 answer
  • Skipper just got hired as a media liaison for RPA Mines. He will be communicating the mission of the company, as well as giving
    9·1 answer
  • You own 50 shares of Auto Corporation that you purchased for $30 a share. The stock is currently selling for $50 a share, and yo
    6·1 answer
  • How to calculate cost of sales and gross profit​
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!