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ioda
3 years ago
12

What type of professional service engagement was the assignment completed by the team of auditors led by Katelyn Light? Defend y

our answer. Which professional standards are applicable to such engagements?
Business
2 answers:
olya-2409 [2.1K]3 years ago
7 0

Answer:

counselling administration

Explanation:

The kind of expert help commitment relegated was a counselling administration. Per the AICPA proficient models, counselling administrations are proficient administrations that utilizes the specialist's specialized aptitudes, training , perceptions, encounters and information on the counselling processes. counselling administrations may incorporate warning administrations, executions, exchange administrations, staff and bolster administrations. The relevant expert gauges for counselling commitment are statements on standards of consulting services given by the AICPA Management Consulting Services Executive Committee

guajiro [1.7K]3 years ago
5 0

Answer:

Consulting service was completed by team of auditors led by Katelyn light.

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John would like to move from the city into the suburbs and has been saving up a large down payment for a home. Which is the most
inessss [21]
Probably rent to buy but if that isn't an answer tell me the options.
3 0
3 years ago
cpnsider capm the risk free rate is ^5 and the expected return on the market is 18% what is the expected return on a stock with
borishaifa [10]

Answer:

Expected return = 21.9 %

Explanation:

<em>The capital asset pricing model is a risk-based model. Here, the return on equity is dependent on the level of reaction of the the equity to changes in the return on a market portfolio. These changes are captured as systematic risk. The magnitude by which a stock is affected by systematic risk is measured by beta</em>.  

Under CAPM, Ke= Rf + β(Rm-Rf)

Rf-risk-free rate (long-term i.e 10 year treasury bill rate), β= Beta, Rm= Return on market., Ke- Return on equity (cost of equity)  

This model can be used to work out the cost of equity as follows:  

Ke= Rf + β (Rm-Rf)  

Rf- 5%, β= 1.3, Rm- 18, E(r)- ?  

Ke =  5% + 1.3×(18-5)%=21.9 %  

Ke = 21.9 %

Expected return = 21.9 %

5 0
4 years ago
Dori is 58 years old and retired in 2019. She receives a pension of $25,000 a year and no other income. She wishes to put the ma
aleksley [76]

Answer:

$7,000 per year

Explanation:

Since Dori is over 50 years old, she can contribute up to $7,000 per year to her IRA or Roth IRA account. If she was a little younger, less than 50 years old, her maximum contribution would have been $6,000 per year.

The IRS sets the maximum contribution limits that anyone can contribute to an IRA account, and that limit was set for 2019 and continues to be valid.

7 0
3 years ago
During Year 2 Stripling earned $700,000 of revenue on account and collected $710,000 cash from accounts receivable. Also, the co
jasenka [17]

Answer:

here correct option is A. $7,000

Explanation:

given data

Stripling earned  = $700,000

collected cash = $710,000

company wrote off = $8,000

revenue = 1 %

to find out

net realizable value of receivable

solution

we will find here amount of uncollectible  expense that are for year 2

amount of uncollectible  expense = Sales revenue for year 2 × revenue %

put here value we wet

amount of uncollectible  expense = $700,000 × 1 %

amount of uncollectible  expense = $700,000 × 0.01

amount of uncollectible  expense = $7,000

so here correct option is A. $7,000

5 0
3 years ago
candace contributes $3,000 a year to her 401(k) plan. Her employer matches it with a 3,000 annual matching contribution. how muc
a_sh-v [17]

Answer:

Explanation:

73937>6877%=86387$

7 0
3 years ago
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