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Over [174]
3 years ago
7

Accountants that have a Certificate in Public Accounting (CPA): a.must pass a national examination and be licensed by the state

in which they practice. b.are the only accountants permitted to serve as external auditors. c.may be held responsible to provide assurance concerning the reliability of a firm's financial statements. d.All of these statements are true.
Business
1 answer:
Ostrovityanka [42]3 years ago
8 0

Answer: Option A

                     

Explanation: Certified Public Accountant is an American Institute of Certified Public Accountants (AICPA) qualification for suitability in the accounting profession. The roles include financial analysis, accounting and reporting, accounting for assets, and management of treasury/cash.

Due to different rules and procedures in different states of America, the accountant must pass an examination and get license from the concerned authority if he or she wants  to practice in the state as a signatory authority.

Signatory authority refers to the ability to verify audit reports of the company.

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The two ways that a corporation can be classified by ownership are
makvit [3.9K]

Answer:

The two ways that a corporation can be classified by ownership are: publicly held and privately held

Explanation:

Corporation is majorly defined by the ownership of the entity and this ownership can only be determined by the number of share being held by private groups and promoters or the general public.

6 0
3 years ago
Questions<br>why do we need to understand the idea of culture, society and<br>politics?​
My name is Ann [436]

Answer:

Because the all works that we did done and thinks to doing need some rules. Every thing in this world pepole looks this is wrong. We have to understand our culture because we live in the frame. The frame is culture anyone cqnt change it. Political like a game. Every politicions working for luxury life. They never think about the denziens of their country. As i think this is rhw reasone to understand the political.Socity is very diffrent. Always it full of curropution. we have to carefull of our self always.

So this is my answer you can add some to your self..

4 0
3 years ago
Lusk Corporation produces and sells 15,800 units of Product X each month.
earnstyle [38]

Answer:

a. decrease by $58,800 per month

Explanation:

The computation is shown below;

<u> Particulars                                 Amount </u>

Contribution from product X   $94,800 ($28 - $22) × 15,800 units

Less: Fixed cost                        -$108,000

Net loss avoided                        -$13,200

Non-avoidable fixed cost            $72,000

The Total cost in case the product fall $58,800

Hence, the correct option is a.

5 0
3 years ago
Medical Products Inc. has just developed a new home examination kit that allows customers to perform most of the functions a doc
pochemuha

Answer:

introductory stage of product life cycle

Explanation:

Introductory stage of product life cycle -

It is refers to as the very first stage in the life cycle of the product , in this very stage the goods or services are completely new in the market and the sale is hence very slow , is referred to as the introductory stage of product life cycle  .

It is a very crucial stage for the product in order to publicize the product in order to increase the sale of the product to earn profit .

Hence , from the given scenario of the question ,

The correct answer is  introductory stage of product life cycle .

4 0
3 years ago
Compute the payback period for each of these two separate investments: A new operating system for an existing machine is expecte
labwork [276]

Answer:

Project A's payback period = 2.23 years

Project B's payback period = 3.3 years

Explanation:

                                                              project A                project B

initial investment                                 $290,000               $210,000

useful life                                               6 years                   11 years

yearly cash flow                     $83,653 + $46,500     $46,000 + $17,727

                                                         = $130,153                = $63,727

salvage value                                          $11,000                 $15,000

payback period                      $290,000 / $130,153  $210,000 / $63,727

                                                        = 2.23 years              = 3.3 years

8 0
4 years ago
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