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
Assoli18 [71]
3 years ago
9

Comment on the statement that "Independence is not easily achieved where an auditor is hired, paid, and fired by the same corpor

ate managers whose activities are the subject of the audit." Can you think of a way around this dilemma?
Business
1 answer:
vampirchik [111]3 years ago
6 0

Answer:

Independence can be achieved by reporting to Board or its Audit Committee.

Explanation:

Independence of an auditor is key element in performance of audits. Reporting to the management whose activities are subject to audit creates threats to the independence of the auditor. As per the code of corporate governance, auditors should be reporting to the Board or its Audit Committee.

You might be interested in
Agent Emily's listing was sold by another agent in her brokerage. Emily is entitled to a:______.a. selling side commission.
GaryK [48]
I think it’s C but not really sure
5 0
3 years ago
Game theory is:A. a strategy that requires cooperation when multiple parties are involved.B. a methodology to accomplish winning
Makovka662 [10]

Answer:

C. the study of strategy and strategic behavior.

Explanation:

Game theory is the study of strategy and strategic behavior. It is assumed that the parties involved are rational. The payoff of a player of a game is determined by the actions of others in the game.

A popular example of game theory is the prisoners dilemma.

A game theory can involve more than two players.

An example of prisoners dilemma:

There are two prisoners - if both confess to a crime, they both get 5 years in prison. If both prisoners don't confess they are set free. If one confess and the other doesn't, the prisoner that confesses 2 years in prison while the other prisoner that didn't confess gets 10 years in prison.

The dominant strategy which is the best option for the prisoner regardless of what the other prisoner does is to confess.

The Nash equilibrium is for both prisoners to defect.

I hope my answer helps you

6 0
2 years ago
Sapphire sells two products: ordinary laptops and premium laptops. Ordinary laptops are priced at $650 each and premium laptops
stira [4]

Answer:

The break-even point in units for ordinary laptops is 2,100 units.

Explanation:

Contribution Margin per unit (ordinary) = Selling Price - Variable cost

                                                                 = $650 -$605

                                                                 = $45

Contribution Margin per unit (premium) = Selling Price - Variable cost                                        = $1,150 -$1,090

= $60

$45* 4x + $60x = Fixed Costs = $126,000

= 180x +60x = $126,000

=240x =$126,000 = 525 units

Ordinary computers = 4x

                                  = 4*525

                                  = 2,100 units

Therefore, The break-even point in units for ordinary laptops is 2,100 units.

6 0
3 years ago
If Country A is an agricultural country and Country B has many cities and factories, it would make sense for
soldi70 [24.7K]

Answer:

Country A to specialize in growing corn while country B specializes in making cars

3 0
3 years ago
When should you write a functional (skills) résumé?
stich3 [128]
B. when you are making a career change
6 0
3 years ago
Read 2 more answers
Other questions:
  • When performing the management _____ function, managers measure the results of operations and compare them with the results they
    9·1 answer
  • What goals do the organizers have? What would mark a successful solution for them. Where does that solution fit on the Business
    12·1 answer
  • Carter Co. sells two products, Arks and Bins. Last year, Carter sold 14,000 units of Arks and 56,000 units of Bins. Related data
    9·1 answer
  • What happens when there are only a few large customers in the market?
    7·1 answer
  • ___ are a payment mechanism that are similar to regular bank checks but are transmitted electronically, with a signature in digi
    8·1 answer
  • An investor has examined Home Depot stock and makes the following predictions for the future: YEAR 1 2 3 4 DIVIDEND $1.31 $1.58
    14·1 answer
  • Which of the following is NOT true about business incubators?
    11·1 answer
  • You purchased a stock at a price of $53.36. The stock paid a dividend of $1.87 per share and the stock price at the end of the y
    12·1 answer
  • Describe three ways that a business can grant credit. Why might granting credit to other businesses be risky for a supplier?
    5·1 answer
  • Last year, Green Corporation incurred the following expenditures in the development of a new plant process:
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!