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Semmy [17]
3 years ago
13

Accountants who hold a certificate that allows them to conduct expert work to determine intentional errors and mistakes made in

the financial statements are called _____
Business
1 answer:
ELEN [110]3 years ago
4 0

Answer:

The correct answer is Certified Fraud Examiners.

Explanation:

A certified fraud examiner is also a type of accountant. It is a professional certificate that is issue to fraud examiners. This designation is issued by the Association of certified fraud examiners.  

These accountants are also called CFEs in short. They follow a code of ethics.  

CFEs need a bachelor or equivalent degree and a minimum two years of experience of professional experience in a field which is related to fraud detection.

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Sunland Corporation had net sales of $2,425,800 and interest revenue of $38,200 during 2020. Expenses for 2020 were cost of good
ladessa [460]

Answer:

Prepare a single-step income statement for the year ended December 31, 2020

Explanation:

SUNLAND CORPORATION  

Inconme statement  

For the year endend December 2020  

 

 

Revenue  

Net Sales               2.425.800  

Interes Revenue             38.200  

Total Revenue        2.464.000  

 

Expenses  

Cost Of goods             1.458.200  

Administrative expenses 212.600  

Selling xpenses                 282.000  

Interes expense                   46.400  

Tax rate                                  139.440  

Expenses                       2.138.640  

 

Net income                           325.360  

 

Shares issued                     70210  

Earning p/share                        4,63  

7 0
3 years ago
Sport entertainment includes a variety of jobs and segments of the industry. Which of the following is a job type associated wit
Feliz [49]

Answer:

D) Event management, is the correct answer.

Explanation:

The sports events generates lots of income both for the sports organization and hotels, airports near the sporting event. Although the event appears to be fun it requires loads of hard work to organize big sporting events. The sporting event organizers make these events successful and plan every detail into preparing the team and facility for the game. Sporting event planners work at different levels of from college games to professional matches.

6 0
2 years ago
Sims Company, a manufacturer of tablet computers, began operations on January 1, 2019. Its cost and sales information for this y
kakasveta [241]

Answer:

Results are below.

Explanation:

<u>Absorption vs Variable costing method</u>

The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.

The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).

<u>1) First, we need to calculate the total unitary variable cost:</u>

Unitary production variable cost= 35 + 55 + 40= $130

Selling and administrative costs for the year Variable $ 725,000

Unitary total variable cost= 130 + (725,000 / 80,000)= $139.06

<u>Now, the variable income statement:</u>

Sales= 80,000*350= 28,000,000

Total variable cost= (80,000*139.06)=(11,124,800)

Total contribution margin= 16,875,200

Fixed overhead= (6,600,000)

Fixed Selling and administrative costs = (4,250,000)

Net operating income= 6,025,200

<u>2) First, we need to calculate the unitary production cost:</u>

Unitary production cost= 130 + (6,600,000/110,000)= $190

<u>Now, the absorption costing income statement:</u>

<u />

Sales= 28,000,000

COGS= 80,000*190= (15,200,000)

Gross profit= 12,800,000

Total Selling and administrative costs= (725,000 + 4,250,000)= (4,975,000)

Net operating income= 7,825,000

5 0
3 years ago
Question 16
irinina [24]

Answer:

Managers, in today's work environment, rely less on <u>autocratic</u> and more on <u>empowering</u> leadership.

Explanation:

Managers rely less on autocratic because they rather empower people to do things.

3 0
3 years ago
What is the biggest thing you learned about agriculture this year?
maw [93]

Answer:

i learnt that its one of the best things to earn money

6 0
3 years ago
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