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
yaroslaw [1]
2 years ago
7

Andrew, an employee in a corporate company, is asked to conduct a systematic evaluation of how well the company is meeting its e

thics and corporate responsibility goals. In the given scenario, Andrew is most likely asked to do a _____.
A. horizontal audit
B. continuous audit
C. social audit
D. statutory audit
Business
1 answer:
Maru [420]2 years ago
8 0

Answer:

The answer is C. Social audit.

Explanation:

To audit means to examine or to inspect. In this light, when an individual is to provide a formal report on a company's code of conduct or procedures in regards to corporate social responsibility, it is considered a social audit. Corporate social responsibility is the accountability that a business has towards society especially from an ethical standpoint. Some elements taken into consideration during a social audit include:

- the number volunteer activities

-work environment either internal or external.

You might be interested in
During the current year, Cary and Bill incurred acquisition debt on their residence of $1,300,000 and a home equity loan of $200
77julia77 [94]

Answer:

qualified acquisition debt = $750,000

qualified home equity debt = $0

Explanation:

Qualified acquisition debt refers to the debt incurred to purchase or build your home. In this case, Cary and Bill are allowed to itemize the interests paid for up to $750,000 of the acquisition debt ($375,000 if filing separately). This limit was reduced due to the TCJA of 2017, and will remain in place until 2025. After 2025, the limit will return to the normal $1,000,000.

Certain amount of interests on qualified home equity loans will also return in 2025, but currently they are not deductible.  

8 0
3 years ago
"A forklift will last for only 2 more years. It costs $5,000 a year to maintain. For $20,000 you can buy a new lift that can las
BabaBlast [244]

Answer:

a. $2,465.82

b. $3,539.68

c. Yes, we should

Explanation:

Annual cost to maintain old forklift is $5,000

Equivalent Annual Cost (EAC) of new forklift = (Asset price x discount rate)/(1-(1+discount rate)-n), in which n is the number of year for usage of this forklift?

If discount rate is 4% per year, the EAC of new forklift is $2,465.82  

= ($20,000x4%)/(1-(1+4%)-10)

If discount rate is 12% per year, the EAC of new forklift is $3,539.68  

= ($20,000x12%)/(1-(1+12%)-10)

We should replace because with such above discount rate, the old forklift is more costly than the new one

5 0
2 years ago
Tanner-UNF Corporation acquired as a long-term investment $170 million of 6% bonds, dated July 1, on July 1, 2013. Company manag
Neporo4naja [7]

Answer:

1) The Investment would be classified as Held-to-maturity securities

2) Journal Entries (in millions)

Debit Investment $170 Credit Bank $140 Credit Discount on investment $30

3) Debit Bank $5.1 Debit Discount on investment $0.5 Credit Interest Income $5.6

4) Debit Fair Value loss $20 Credit Investment $20

5) The investment will be reported at the fair value of $150,000

6) Debit Bank $120 Debit Discount on Investment $29.5 Loss on Investment $0.5 Credit Investment $150,000  

Explanation:

Interest = investment * semiannual interest

6%/2 = 3%

8%/2 = 4%

Bank = $170,000,000*3% = $5,100,000

Interest income = $140,000,000*4%= $5,600,000

Fair Value $150

cost        $170

Fair Value Loss = $20

4 0
2 years ago
which of the following is not a requirement of the unlimited marital deduction? a.in order to claim a marital deduction on the 7
tamaranim1 [39]

The gross value of qualifying property left to the surviving spouse is included in the marital deduction. This is not a requirement of the unlimited marital deduction.

Hence, option D is the correct answer.

Unlimited marital deduction is a clause that enables a person to give their spouse limitless property at any time. This clause belongs to the federal estate of the United States. No limitation on the transfer of property is imposed.

There is no requirement for the gross value of the property that is kept for the surviving spouse under the unlimited marital deduction.

Option a is wrong because a husband and wife must be married in order to qualify for the unlimited marital deduction, this choice is incorrect.

Option b is improper since the property should be passed to the spouse through real estate under unlimited marital deductions.

Option c is erroneous because, in order to qualify for the unlimited marital deduction, the surviving spouse must be a citizen of the United States.

To know more about unlimited marital deduction: brainly.com/question/17983054

#SPJ4

5 0
1 year ago
Which explains how revenue is determined?
Shtirlitz [24]
The total amount of money that is brought in by sales
7 0
3 years ago
Read 2 more answers
Other questions:
  • Alfarsi Industries uses the net present value method to make investment decisions and requires a 15% annual return on all invest
    11·1 answer
  • Advertising is important for most companies, especially companies such as P&G that sells mostly to end customers. But, most
    14·1 answer
  • 1. This problem asks about opportunity costs in different situations. a. You get a jump on your holiday shopping in July and buy
    14·1 answer
  • Perkembangan HAM di dindonesia dalam aspek kehidupan
    11·1 answer
  • Presenteeism is exhibited in all the following ways except:___________.
    7·1 answer
  • ou believe that you can earn 2% more on your portfolio if you engage in full-time stock research. However, the additional tradin
    15·1 answer
  • A job was budgeted to require 3 hours of labor per unit at $11.00 per hour. The job consisted of 8,000 units and was completed i
    9·1 answer
  • PLZZZZ HELPP FASST
    15·1 answer
  • Production Budget and Direct Materials Purchases Budget
    8·1 answer
  • after conducting your end of period physical inventory count, you realize that for several customer orders, the transfer of lega
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!