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3 years ago

What type of audit occurs at your home or business

1 answer:

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The type of audit that occurs at your home or in the business is called the field. It is because the field is the place like home or business in which the IRS goes to in means of conducting the investigation in regards with them and their tax payer.

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Two stockbrokers, in clear violation of the rules of their employer, sold worthless stocks to unsuspecting customers. There was

ZanzabumX [31]

Answer: Yes they did.

Explanation:

Apparent Authority refers to a scenario where a Agent is assumed to have the power to act on behalf of a Principal regardless of if said authority had not being expressly given whether implicitly or otherwise.

It is worthy of note that this power is only valid if the third party in the transaction assumes from the conduct of the agent, that they have such powers to act.

It is stated in the text that there was no question that the brokers had the actual or implied authority to sell the stock meaning that the Principal had not done enough to show that the agents did not have the Authority to act as they did. For this reason, they can indeed be sued under the Principle of Apparent Authority.

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2 years ago

Iaci Company makes two products from a common input. Joint processing costs up to the split-off point total $42,000 a year. The

eimsori [14]

Questions

Iaci Company makes two products from a common input. Joint processing costs up to the split-off point total $42,000 a year. The company allocates these costs to the joint products on the basis of their total sales values at the split-off point. Each product may be sold at the split-off point or processed further. Data concerning these products appear below: Product X Product Y Total Allocated joint processing costs $22,400 $19,600 $42,000 Sales value at split-off point $32,000 $28,000 $60,000 Costs of further processing $11,600 $25,300 $36,900 Sales value after further processing $44,800 $53,200 $98,000 Required: (a) What is the net monetary advantage (disadvantage) of processing Product X beyond the split-off point?

Answer:

Net advantage from further processing $1,200 

Explanation:

A company should process further a product if the additional revenue from the split-off point is greater than than the further processing cost.

Also note that all the joint costs incurred up to the split-off point are irrelevant to the decision to process further any of the .

Net monetary advantage of product X

Sales revenue after the split-off point 44,800

Sales revenue at the split-off point (32,000)

Additional sales revenue 12,800

Further processing cost (11,600)

Net advantage from further processing 1,200

Net advantage from further processing $1,200 

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3 years ago

A three-month forward contract on a stock index is trading at $1000. The current index level is $985.1. Assuming a continuously

timofeeve [1]

Answer:

Explanation:

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2 years ago

If Melisha can pay for her vehicle with a 4-year loan or with a lease with the same down payment and same interest rate, why wil

gladu [14]

The answer is;

Since the loan payment incorporates amortization. (Regardless of whether the financing cost is the equivalent on both the advance and the rent, the advance incorporates an additional sum for amortization that would enable Melisha to satisfy the auto after some time and claim it toward the finish of the advance time frame).

Hope it helps!

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3 years ago

_____ businesses are important to the U.S. economy because, among other things, they employ about half of all private sector emp

skad [1K]

Answer: (D) Small

Explanation:

A small business plays an important role in the US (United states) economy as the small business basically contributing in the various types of local economical growth and also in the GDP (Gross domestic product).

The small type of business is also helps in proving the various types of employment related opportunities in the corporation o the basis of small business administration.

According to the given question, the small business is basically paying 42% in the private payroll in the united states and approximate 37% to the workers such as computer programmers, scientists and the engineers.

Therefore, Option (D) is correct answer.

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3 years ago