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svlad2 [7]
3 years ago
13

What is a significant difference between Accountants and Auditors and other professionals?

Business
2 answers:
aksik [14]3 years ago
3 0

Answer:

The difference between the function of an accountant and an auditor is that the accountant is responsible for keeping the administration of all the financial records of the company, and the auditor is responsible for ensuring that all these processes are in accordance with the laws.

both differ with professionals who do not belong to the branches of economic sciences.

abruzzese [7]3 years ago
3 0

(sorry for yearlong reply)

Answer: (A) They have flexibility regarding where to work.

Explanation: right on edge whenever your seeing this

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What 3 factors affect the return on savings account
statuscvo [17]

Answer:

The choice between consumption in the present and consumption in the future, perception of a close correlation between current income and consumption, and the smoothing of consumption over time as deriving from its comparison to the income which the individual would perceive as his/her permanent income.

7 0
3 years ago
Grandma and Grandpa Generous had many children, but they have only one grandchild,Harold. Grandma and Grandpa would like to give
Leni [432]

Answer:

Gift Tax GSTT

Explanation:

In such a scenario, Grandma and Grandpa Generoushave a current liability to the Gift Tax GSTT. This tax rate applies to Grandma and Grandpa Generous because the gift exceeds the limit per individual for gifting and because they have exhausted their lifetime gift-tax exemption. Meaning that they have to pay taxes on this gift of $5.43 million which according to the GSTT guidelines is a fixed rate of 40% of the gift that was given.

8 0
3 years ago
Ima, Boyd, and their fellow employees at Endrun work on an assembly line and do not have a specialized skill. If they are succes
ANEK [815]

Answer:

An industrial union

Explanation:

Industrial unionism is a labour union organizing method through which all workers in the same industry are organized into the same union, regardless of skill or trade, that is it combines all workers, both skilled and unskilled, who are employed in a particular industry thus giving workers in one industry, or in all industries, more leverage in bargaining and in strike situations.

4 0
3 years ago
If you offer up your car as a demonstration that you will pay off your loan to a bank or another financial lending institution,
xenn [34]
<h3>Hello there!</h3>

Your question asks if you offer up your car as a demonstration that you will pay off your loan, would your car be used as collateral?

<h3>Answer: True</h3>

The reason why your answer would be "True" is because you're offering up your car for something that could not be very certain to do.

If you offered your car as a demonstration to pay off your loan, but you don't pay off the loan, the bank has every right to take the car from you, due to the fact that the car is on collateral.

Collateral is known as something that is "forfeited" or "security" for a repayment of a loan.

In this situation, you're offering your car as collateral if you don't pay the loan back. And if you don't pay the loan back, you're going to forfeit your car to the bank in order for them to use it as a way to get money to pay off the loan themselves. Banks, bail bonds, etc. usually have people put things up for collateral to keep a "safe" measure for the loan, due to the fact that they're giving people instant money. It's just a "security" or "safety" procedure banks due in order to get something in return if the loan is not paid off, so they won't be losing money or leave empty handed.

<h3>I hope this helps!</h3><h3>Best regards, MasterInvestor</h3>
5 0
3 years ago
Which of the following statements is false?
iris [78.8K]

Answer: The following statement is false:  <u><em>A consumer is indifferent among all consumption bundles along a given budget line.</em></u>

<u><em>Reason:</em></u> A consumer is not indifferent among all consumption bundles along a given budget line since different consumption bundles yield different utility and thus do differ in preference as well.

Let's assume a budget line: px +py ≤ m

Now, let's consider two different consumption bundle A(x_{1},y_{1}) and B(x_{2},y_{2})

We can plot them on a graph and compare the difference in regards with the above answer.

Both of these consumption good might be on the budget line but will lie on different indifference curves and thus will yield different utility.

6 0
3 years ago
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