All categories

3 years ago

Accountants that have a Certificate in Public Accounting (CPA):

Business

1 answer:

o-na [289]3 years ago

3 0

Answer:

d. all of these statements are true.

Explanation:

A Certified Public Accountant refers to the title of qualified accountants in numerous countries around the world. Accountants that have a Certificate in Public Accounting (CPA) have a lot of restrictions and responsibilities some of which include, being held responsible to provide assurance concerning the reliability of a firm's financial statements. They are also the only accountants permitted to serve as external auditors and must pass a national examination and be licensed by the state in which they practice.

You might be interested in

The following quote best describes ________. "The marvels of modern technology include the development of a soda can which, when

Alja [10]

Answer:

E)excessive markups

Explanation:

the car must was the must to the book

7 0

3 years ago

The marginal cost of Alexa's Guide to Street People and Their Pets is constant at $5. Alexa sells 5,000 copies per year at $20 p

ch4aika [34]

Answer:

She must sell 7,500 copies to mantain the profits when price changes to $15.

Explanation:

Let's start with a definition of profit or benefit: Benefit= $(Price-Cost)\times{Quantity}$

At the beggining, she obtained a profit of $75,000: She sold 5,000 copies, and she got $20-$5=$15 dollars for each of the 5,000. units sold, which means a benefit of $15\times5,000=75,000$ dollars.
Then, if she wants to keep the $75,000 profits when prices falls to $15, she must sell more copies: $75,000=(15-5)\times{NewQuantity}$ . Then, the quantity she must sell to mantain the profit constant at $75,000 is New quantity=7,500.

3 0

3 years ago

Assume the following exchange rates: $1 = NZ$3, NZ$1 = MXP2, and $1 = MXP7. Given this information, as you and others perform tr

Vika [28.1K]

Answer:

c. Appreciate; Appreciate

Explanation:

Triangular arbitrage is the act of taking an opportunity resulting from a pricing discrepancy among three different currencies when the currency's exchange rates do not exactly match up

This cases are very rare and for a quite short period of time so there are very few traders who takes the advantange of them.

Lets study th given cases here:

A) NZ dollar Versus Mexican Peso

The exchage rate is 1NZ$= 2 Mexican Pesos (MXP)

But if we apply the triangular arbitrage:

1 NZ dollar = 0.3333 US$

and we know tha 1 US$= 7 Mexican Pesos (MXP

Then 1 NZ dollar = 0.3333* 7 MXP= 2.333 MXP

So the NZ dollar appreciates

B) MXP Versus U$S

The exchage rate is 1 MXP= (1/7) U$S

But if we apply the triangular arbitrage:

1 MXP = 0.5 NZ

and we know tha 1 NZ= 0.333 US$

Then 1 MXP = 0.5* 0.333 U$S= 0.166 U$S

So the MXP appreciates

7 0

3 years ago

there were 200 tickets sold for a college basketball game. Tickets were $4.50 for students and $9 for adults. The total amount c

Virty [35]

Answer:

$70$ tickets were sold to student and $130$ tickets were sold to adults

Explanation:

Let the number of tickets purchased by students be "X" and the number of tickets purchased by adults be "Y"

Given

Total number of tickets sold $= 200$

Total amount collected by selling $200$ tickets $= 1485$ dollar

Cost of one ticket of student $= 4.5$ dollar

Cost of one ticket of adult $=$ 9 dollar

Two equation are as follows

$X + Y = 200\\$ ------Eq (1)

$4.5 X + 9 Y =1485$ -------- Eq (2)

Multiplying eq (1) by 9 and subtracting from equation 2 we get

$4.5 X - 9 X + 9Y -9Y = 1485 - (200* 9)\\-4.5 X = -315\\X = 70$

Substituting the value of X in equation 1 we get

$70 + Y = 200\\Y = 200 -70 \\Y = 130$

Therefore, $70$ tickets were sold to student and $130$ tickets were sold to adults

8 0

3 years ago

Sami nguyen is responsible for two departments that continually set conflicting goals. sami must get involved in ____ to achieve

Paul [167]

<span>Sami must get involved in communicating between departments. He needs to set meetings so they can reach a joint goal and plan to get there. He needs to foster teamwork.</span>

6 0

3 years ago