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galina1969 [7]
3 years ago
5

When communicating significant deficiencies in internal control noted in a financial statement audit of a nonissuer, the communi

cation should indicate that
Business
1 answer:
dybincka [34]3 years ago
6 0

Answer:

<u>The report should state that the communication is intended solely for the use of management, those charged with governance, and others within the organization.</u>

Explanation:

Such notice is important because it involves significant deficiencies in internal control which is <em>the primary responsibility of management to handle.</em>

For example, if an auditor reveals such information to those <em>not</em> charged with governance, and who are outside the organization he likely will face a backlash from the management.

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Paul, a contractor, has a contract to build a new office building for Bill. The contract contains a provision requiring Paul to
sladkih [1.3K]

Answer:

a

Explanation:

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8 0
4 years ago
XYZ Company wants to be prepared for the ASEAN free trade area. The company plans to develop its own production and marketing fa
ruslelena [56]

Answer:

The correct answer is C

Explanation:

Totally owned facilities are those facilities which has its own production as well as the marketing facilities in one or more than one foreign nations. It is an example of the direct investment.

So, the XYZ company need to prepare for the ASEAN free trade area and plans for developing own facilities of marketing as well as production in one or more than one countries of ASEAN.

Therefore, the XYZ company is the company which is totally owned facilities.

4 0
3 years ago
LO 8.4The variable overhead efficiency variance is caused by the difference between which of the following?
alexdok [17]

Answer:

actual and standard overhead rates

Explanation:

The overhead efficiency variance is calculated by the following formula

Overhead efficiency variance=(Standard hours used to make the actual production*Standard cost per hour)-(Actual hours used to make the actual  production*Standard cost per hour)

So based on the above discussion, the answer is actual and standard overhead rates.

5 0
4 years ago
The race to the bottom scenario of global environmental degradation is explained roughly like this:
DIA [1.3K]

Answer:

A. Profit-seeking multinational companies shift their production from countries with strong environmental standards to countries with weak standards, thus reducing their costs and increasing their profits.

D. self-sufficiency argument.

Explanation:

In the case when there is a race to the bottom scenario so it would be described that the multinational companies that are profit seeking is shifting their production from that countries who have the strong environmental standards to the weak standard countries so that the order would be decreased due to this the profit would increase

In the other case, when the nation is not too much depend on other countries for supplies so this case we called as self-sufficiency argument as they managed themselves rather depending on another

6 0
3 years ago
Read 2 more answers
A distinguishing feature of an oligopolistic industry is the tension between
spayn [35]
The appropriate response is collaboration and self-intrigue. Oligopoly is a market structure in which few firms has the vast dominant part of piece of the overall industry. An oligopoly is like a syndication, aside from that as opposed to one firm, at least two firms rule the market.
4 0
3 years ago
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