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
Law Incorporation [45]
3 years ago
15

Management implements internal controls to ensure that all required footnote disclosures are accurate. Auditors tests those cont

rols to provide evidence supporting the ________ presentation.
Business
1 answer:
Sauron [17]3 years ago
4 0

Full question:

Management implements internal controls to ensure that all required footnote disclosures are accurate. Auditors tests those controls to provide evidence supporting the ________ presentation.

A) completeness and valuation

B) completeness and accuracy

C) rights and obligations and existence

D) occurrence and accuracy

<u>Answer:</u>

Auditors tests those controls to provide evidence supporting the completeness and accuracy  presentation.

<u>Explanation:</u>

During the interim audit, the internal control system is documented and assessed. The completeness and accuracy of the erudition in the report superimposed which the auditor is relying on. Accuracy simply is inadequate. One requires to obtain certitude about both the completeness and the accuracy.

The statement that all the transactions that should hold been recorded are recorded is named completeness. A transaction is deemed accurate if: There is no fault while developing the supporting document, and there is no failure while posting this transaction.

You might be interested in
Fast delivery trains its truck loaders how to set the packages in the delivery vehicles, so that when delivery drivers are pulli
blagie [28]
<span>A procedure is being implemented when directing that the trucks be loaded in this specific manner. This procedure is put into place to make sure the loading is done efficiently in a timely manner. This step by step process makes it more likely that the packages will be delivered on time and nit damaged.</span>
7 0
3 years ago
Read 2 more answers
If a society decides to produce consumer goods from its available resources, it is answering the basic economic question,
dexar [7]

Answer:

What to produce?

Explanation:

What to produce?

Due to the fact that resources are scarce, a producer has to decide what he wants to produce.

In the question above, the consumer has decided to produce consumer goods.

How to produce?

The producer has to decide on the optimal production method to employ. It has to decide whether a labour or technology intensive production method would be better .

For whom to produce?

A producer has to answer this question in order to be able tailor his product to perfectly suit his target customers. The producer has to decide if to produce for young people, middle aged people or the elderly or sell to the poor or rich.

I hope my answer helps you

6 0
3 years ago
On January 1, 2021, Tonge Industries had outstanding 480,000 common shares ($1 par) that originally sold for $30 per share, and
ira [324]

Answer:

842,000 shares

Explanation:

Please the solution to the given problem in the file attached below

5 0
4 years ago
Read 2 more answers
Which of the following would not work on a newspaper either in print or online form
Arada [10]
D - A Superintendent
6 0
3 years ago
Suppose a country has a money demand function ( M/P )^d = kY , where k is a constant parameter. The money supply grows by 12 per
mote1985 [20]

Answer:

Part A)

Inflation Rate = 12% - 4%

Inflation rate = 8%

Part B)

If the genuine income was higher, the expansion level would diminish subject to the buyer's spending limitations. As such, they will make a similar measure of cash yet their buying power per dollar will increase.  

Part C)

in the current scenario, increment in cash would cause the expansion rate to increment. On the off chance that we consider the past and occasions, for example, hyperinflation, take a gander at what the reason was. Governments were printing cash to pay obligations, which was diminishing the estimation of their money. Right now, would get paid and race to the store to go through their cash in light of the fact that their dollars today may just be worth 50 pennies tomorrow or at times, the following hour. Thus, our answer is if the speed of cash continues developing, expansion will continue developing also. These two factors are star repetitive with one another significance they move together.

5 0
3 years ago
Other questions:
  • Bill has just returned from a duck hunting trip. He brought home eight ducks. Bill’s friend, John, disapproves of duck hunting,
    9·2 answers
  • Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement
    8·1 answer
  • River Enterprises has ​$505 million in debt and 22 million shares of equity outstanding. Its excess cash reserves are $14 millio
    15·1 answer
  • Ottawa, Inc. provides the following data: 2019 2018 Cash $23,000 $22,000 Accounts Receivable, Net 37,000 37,000 Merchandise Inve
    12·1 answer
  • If an annuity is purchased in December and monthly benefits begin in January of the following year, what type of annuity is it?
    9·1 answer
  • Trompenaars found that a(n) _____ organizational culture is common in countries such as Turkey, Pakistan, Venezuela, China, Hong
    14·1 answer
  • Relevant information for Material A is as follows:
    5·1 answer
  • PLZZZZZZ NEED HELP!!!!!!!!
    11·1 answer
  • Rogers Company reported net income of $35,000 for the year. During the year, accounts receivable increased by $7,000, accounts p
    14·1 answer
  • Which general staff member directs all responses and tactical actions.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!