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Bas_tet [7]
3 years ago
13

Matt is an auto mechanic who runs his own small shop. When tax season comes, he hires an accountant from one of "the Big Four" a

ccounting firms to help him file his business's tax return. In this scenario, Matt has most likely hired a _____ accountant.
Business
1 answer:
Blizzard [7]3 years ago
5 0

Answer:

The correct answer is certified public.

Explanation:

Certified Public Accountants have studied this profession, possess their diplomas and must pass a public accountant exam. To use the CPA designation, these accounting professionals are required to educate themselves at a university about government law and pass a rigorous exam.

A CPA accountant can work within a company or create his own company to offer his professional services. Depending on the requirements of each state, the certification must be renewed every two (2) years. So CPAs have a higher level of responsibility than accountants or accountants.

A Certified Public Accountant (CPA) in addition to keeping the balance books of companies, performs tax and financial audit services for individuals, companies and non-profit organizations.

For this reason, accountants perform functions that are not at the professional level of accountants or Certified Public Accountants (CPAs). As companies grow, so do financial responsibilities when filing taxes. And CPAs are certified to handle or control any type of tax or accounting situation.

A Certified Public Accountant (CPA) must be current and qualified by the American Institute of Certified Public Accountants. The exam that a CPA accountant must pass is four parts and must be completed in a period of two years.

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In year 1 the average price of X is $10, and in year 2 the average price of X is $23. Still, consumers buy more units of X in ye
zysi [14]

Answer:

Demand for good x could be higher in year 2 than year 1

Income may have been higher in year 2 than year 1

Explanation:

In the given scenario there was an average price of product as $10. To calculate average cost it is total sales revenue divided by number of units sold.

In year 2 the average price is $23. This means that for each unit sold in year 2 the price was $23 an increase of $13 from year 1.

For this to have happened first there could have been higher income of the consumer in year 2 and they will have more to spend on the product at a higher price.

There will also need to be an increase in the demand for the good this will increase units sold and also price will go up.

8 0
3 years ago
Which type of advertisement is most likely to make you submit your ad far in advance?
dsp73
The type of advertisement that is most likely to make somebody submit their ad far in advance would be direct mail advertising. 

Direct ads 
for short.
7 0
2 years ago
Read 2 more answers
If GDP is expected to increase at a steady rate of 3% per year, how many years would it take for living standards to double
Troyanec [42]

Answer:

24 years

Explanation:

In a situation where a country GDP which is fully known as GROSS DOMESTIC PRODUCT was been expected to increase or grow at a rate of 3% per year or per annual which means that it will actually takes up to 24 years for a country economy living standard to double .

Therefore the numbers of years it would take for a country living standards to double will be 23 years.

5 0
2 years ago
At what point should consumers stop researching a product?
lana66690 [7]

Answer: when the research costs more than the potential savings

Explanation:

6 0
3 years ago
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Fabrick Company's quality cost report is to be based on the following data: Lost sales due to poor quality $ 78,000 Quality data
Makovka662 [10]

Answer:

$102,000

Explanation:

Calculation to determine What would be the total appraisal cost appearing on the quality cost report

Using this formula

Total appraisal cost=Test and inspection of in-process goods + Final product testing and inspection

Let plug in the formula

Total appraisal cost=$ 24,000+$78,000

Total appraisal cost=$102,000

Therefore What would be the total appraisal cost appearing on the quality cost report is $102,000

8 0
2 years ago
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