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Wewaii [24]
3 years ago
15

When scrutinizing a statement of cash flows in an attempt to gain a better understanding of the client, which would be of most a

uditor interest as evidence of risk of possible misstatement?\
Business
1 answer:
Fynjy0 [20]3 years ago
4 0

Answers;

In scrutinizing a statement of cash flows in an attempt to gain a better understanding of the client, the auditor should evaluate to check if the client is meeting interest payments when they are due. The auditor may use information about the client's industry. This is done to evaluate whether significant changes is made in the company from prior periods, including changes in its internal control over financial reporting, affect the risks of material misstatement.

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Arnold learned something very valuable as a teenager from his dad. He was told to invest​ $1,000 at​ 12% interest at age 20 and
ira [324]

Answer:

The investment of $1000 that yields 12% interest per year would become $2000 in 6 years' time as shown by the calculation below

Explanation:

In determining the how long it would take for the investment to become $2000, the future value formula stated below is used.

FV=PV*(1+r)^N

FV is the $2000

PV, present value is $1000

r is the rate of return at 12%

2000=1000*(1+0.12)^N

2000/1000=1.12^N

2=1.12^N

by taking log of both sides the equation becomes

ln 2=N ln 1.12

N= ln 2/ln 1.12

N=6.116255374

approximately N is 6 years

6 0
4 years ago
____________ involves a review of the sales, costs, and profit projections for a new product to find out whether they satisfy th
serg [7]

Answer:

Business analysis

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks, etc.

Business analysis refers to a strategic process that typically involves a review of the sales, costs, and profit projections for a new product in order to find out whether the product is in tandem with the objectives of the company.

This ultimately implies that, many organizations and business owners use business analysis to measure the level of satisfaction with respect to the company's objectives and its customers through the process of analyzing or reviewing the sales, costs and profits projection of its new products before pushing them out into the market.

Similarly, cost-volume-profit analysis is also known as the break even analysis, it is an important tool in predicting the volume of activity, the costs to be incurred, the sales to be made, and the profit to be earned is. It is used to determine how changes in differing levels of activities such as costs and volume affect a company's operating income and net income.

5 0
3 years ago
Cash cows are typically found in the _________ stage of the industry life cycle.
barxatty [35]

Cash cows are typically found in the Maturity stage of the industry life cycle.

What is industry life cycle?

A business or industry's development based on its stages of growth and decline is referred to as going through its industrial life cycle. The four stages of an industry's life cycle are introduction, growth, maturity, and decline.

How is the industry life cycle used?

An industry's life cycle has four phases: expansion, peak, contraction, and trough. Where a firm is in the cycle will be determined by the analyst, who will then utilize this knowledge to forecast future financial performance and calculate forward valuations (e.g., forward price-earnings ratios).

Why is industry life cycle important?

You can learn vital information from industry cycles about supply networks, corporate strategy, and earnings as well as growth possibilities, opportunities, and obstacles. The business cycle has an impact on both firm strategy and earnings.

Learn more about industry life cycle: brainly.com/question/28072264

#SPJ4

6 0
1 year ago
A portfolio consists of 265 shares of Stock C that sells for $50 and 230 shares of Stock D that sells for $25. What is the portf
kakasveta [241]

Answer:Weight of Stock C=0.6974----- E

Explanation:

The Value of a stock  is given as  No. of Shares x Share Price

Therefore

Value of C = No. of Shares OF C x Share Price of Stock C= 265 x $50= $13,250

Value of D = No. of Shares of D x Share Price of Stock D= 230 x $25 = $5,750

Total value  of Portfolio= Value of C + Value of D = $13,250  +$5,750  =$19,000

Also,

Weight of stock = value of stock/Total value

Therefore

Weight of Stock C = Value of C / Total Portfolio Value =

$13,250 / $19,000=0.69736 = 0.6974

6 0
3 years ago
Effective leaders are also good members of a team. <br> A. True <br> B. False
ira [324]
A false and tell eriuddjsjsuxhhzuxn b
6 0
3 years ago
Read 2 more answers
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