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3 years ago

An attestation engagement is one in which a CPA is engaged to:________.

Business

1 answer:

diamong [38]3 years ago

5 0

Answer:

D. Issue a written communication expressing a conclusion about the reliability of a written assertion that is the responsibility of another party.

Explanation:

An attestation engagement which could also reffered to as assertion- based engagement could be explained as a situation wheryby a third party is allowed to evaluate a subject matter by the clients.

It should be noted that CPA is engaged to: Issue a written communication expressing a conclusion about the reliability of a written assertion that is the responsibility of another party.

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In a large city, two taxi companies own all the licenses that the city will grant to operate taxis. consumers don't care which c

liberstina [14]

Answer:

this situation can be classified as an duopoly

Explanation:

An duopoly is similar to a monopoly but instead of only supplier there are two suppliers that share total market power and control. Both companies also offer basically the same product or service. Competition exists between the companies but it is not significant, both companies decide to coexist. Customers are forced to choose between one company or the other.

In this case, there are only two taxi companies and the customers really don't care what company they use since they both offer similar services. None of the companies even bothers to offer a better service to try to gain a larger market share.

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3 years ago

Why do you think companies felt that unions were "conspiracies that interfere with property rights"?

Dafna1 [17]

Companies felt that unions were conspiracies which interfere with property right because, unions usually challenge the employers about the working conditions of their workers and the manner the employers treat their workers; they fight for the rights of the worker. Because of this, employers usually do all they can to stop unions from forming.

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3 years ago

James Company began the month of October with inventory of $19,000. The following inventory transactions occurred during the mon

Juli2301 [7.4K]

Answer:

1. Entries using periodic inventory system

October 12

Purchases $28,000 (debit)

Trade Payable$28,000 (credit)

Freight Charges $540 (debit)

Cash $540 (credit)

October 31

Trade Payable $28,000 (debit)

Cash $28,000 (credit)

October 31

Trade Receivable $28,800 (debit)

Revenue $28,800 (credit)

October 31

Inventory $28,100 (debit)

Cost of Goods Sold $28,100 (credit)

2. Entries using periodic inventory system

October 12

Merchandise $28,000 (debit)

Trade Payable$28,000 (credit)

Freight Charges $540 (debit)

Cash $540 (credit)

October 31

Trade Payable $28,000 (debit)

Cash $28,000 (credit)

October 31

Trade Receivable $28,800 (debit)

Revenue $28,800 (credit)

Cost of Sales $18,600 (debit)

Merchandise $18,600 (credit)

October 31

Merchandise $28,100 (debit)

Cost of Goods Sold $28,100 (credit)

Explanation:

1. Entries using periodic inventory system

With periodic system, inventory valuation is done at end of a specific period.

2. Entries using periodic inventory system

Perpetual system is the method of recalculating the value of goods held after each transaction

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3 years ago

An automobile manufacturer learns about an ignition switch defect that may cause serious safety issues but rather than enact an

olga_2 [115]

Obstructionist Stance.

When an obstructive company crosses the line into unethical behavior, rather than doing the right thing they will obstruct or "block" attempts to point out the bad behavior or to fix the problem.

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3 years ago

A code of conduct ________. select one:

natta225 [31]

A code of conduct gives employees guidance on how to handle themselves in challenging ethical situations

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3 years ago