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Allushta [10]
3 years ago
12

In the annual report, where would a financial statement reader find out if the company’s financial statements give a fair depict

ion of its financial position and operating results? Management discussion and analysis section Auditor’s report Balance sheet Notes to the financial statements
Business
1 answer:
katrin2010 [14]3 years ago
8 0

Answer:

Auditors Report

Explanation:

In the Auditor's report, the auditor expresses his level of satisfaction that whether or not the financial statement presented show the true and fair picture of the organization. The external auditor is also involved in the investigation of errors and frauds in the financial statements.

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A company can sell all the units it can produce of either Product A or Product B but not both. Product A has a unit contribution
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Answer:

Income = $30,000

Explanation

<em>Whenever a company is faced with a limiting factor i.e a resource in short supply, the company should allocate the resource to the product </em><u><em>with he highest contribution per unit of the scare resource</em></u>

Product       Cont/unit          machine hr /unit    cont/hr    Ranking

A                    $8                    2 hrs                      $4/hr             2nd  

B                    $18                  3 hrs                       $6/hr            1st

<em>Hence the company should allocate the resource to the product B</em>

<em>Hence the total contribution</em>

= 5000 hrs × $6 per hr.

= $30,000

Income = $30,000

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Answer:

Option B is correct one.

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Lou Agent with Top Notch Realty had listed a 100 unit apartment complex for sale. Sam Agent also with Top Notch Realty had a buy
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2. Have both the buyer and seller sign required disclosures describing the designated sales agency relationship and stating that each the buyer and seller have assets of $1 million or more.

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If a stricter quota, such as 30,000 tons of apricots, was imposed on this market, we would expect:
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What is globalization in business.
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