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My name is Ann [436]
3 years ago
14

Public companies under the jurisdiction of the Securities and Exchange Commission are required by law to hire a certified public

accounting firm (independent auditor) to assess whether their published financial statements are in compliance with Generally Accepted Accounting Principles (GAAP). This statement is:______. A. True B. False
Business
1 answer:
Ostrovityanka [42]3 years ago
3 0

Answer:

A. True

Explanation:

At the time of publishing the financial statements of the public companies under the jurisdiction of the Securities and Exchange Commission (SEC) is compulsory to hire the independent auditor or we can say Chartered Accountant (CA) so that he or she can assess the financial statement prepared by the public company whether it follows the  Generally Accepted Accounting Principles (GAAP) or not.

And, according to that the independent auditor given his or her qualified or unqualified opinion

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Blanche, a salesperson for Custom Restaurant Equipment, Inc., shows Dylan, a buyer for Eat n’ Dine Company, display items in Cus
MakcuM [25]

Answer:

a. ​an express warranty.

Explanation:

An express warranty -

It is the insurity given by the seller in order to give the replacement or repairs for any of the faulty product or services , within a particular time frame after purchasing the product , is known as an express warranty .

It helps to make sure about the product the buyer have purchased and for any repairs in the future .

Hence , from the question , the example shown is about an express warranty .  

6 0
3 years ago
Duke is a highly skilled negotiator who could work for many law firms. The law firm that hires Duke is able to collect twice as
Natali5045456 [20]

Answer: Be split between Duke and the law firm, but how it will be split cannot be determined without more information.

Explanation: The law firm would have entered into a certain type of contract when signing Duke. Therefore the contract terms would determine how he is paid and also the bonus he would tend to get in times of outstanding performances from Duke the employee.

It's only when the contract terms is known that we can able to determine how much Duke would take home in a situation of an excess profit.

6 0
3 years ago
It is difficult to predict the behavior of oligopolistic firms because
Alexeev081 [22]

Answer:

there is an interdependency of oligopolistic decisions on each other.

Explanation:

In an oligopolistic industry, firms have a sizable portion of the markets. This means that when an oligopolistic firm in the industry changes its price or changes its market strategy, it will most likely have effects on the other firms in that industry.

Cheers.

4 0
3 years ago
The _________ price of an item is the promotional price of merchandise after a markdown.
Levart [38]
I believe the missing word is actual.
8 0
3 years ago
What is the technique used to help groups generate multiple ideas and alternatives for solving problems
bekas [8.4K]

Brainstorming is the technique used to help groups generate multiple ideas and alternatives for solving problems.

This is usually through a group discussion where the members are asked to throughout a list of ideas and solutions and the group discusses them to find a good alternative.

4 0
3 years ago
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