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3 years ago

10

Andy's two nephews want to travel to Philadelphia with him to see a show. Andy has two free plane tickets and three tickets to t

he show. Which of the following best describes the two plane tickets?
A long-term benefit
A scarce resource
A short-term cost
An opportunity cost

1 answer:

77julia77 [94]3 years ago

4 0

A scare resource

I think this is the answer!

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Recommend financial reporting and auditing-related reforms that would likely be effective in preventing or detecting frauds simi

abruzzese [7]

Answer:

The answer is stated below:

Explanation:

If the SEC and the AICPA, worked altogether in order to share the information, they might have detected the fraud prior. The case states that the Madoff Securities does not required to submit the peer review program to AICPA as Friehling, had recorded that he did not perform or conduct any audits.

Recommendation

1. The policy execution for the exchange of the information among the two firms would be useful to detect the fraud.

2. The PCAOB should spend more resources an attending the hotline of whistle blowing through executing the policies which need certain complaints to be addressed effectively.

3. The firms or company should have done more in order to verify the financial statements assertions, which surrounds the investments. The PCAOB need to execute the policy that require the companies (such as Madoff Securities) to correctly answer the inquiries of the auditor.

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3 years ago

New cars are normal goods. What will happen to the equilibrium price of new cars if public transportation becomes more expensive

Lelechka [254]

The price will rise and effect on quantity is ambiguous

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2 years ago

Companies prefer that their working capital is a positive amount rather than a negative amount. True or false

Roman55 [17]

Answer:

True

Explanation:

The working capital is the difference between the current assets that is used in daily operations e g cash to current liabilities that are to be met in daily operations e g suppliers credit.

It's better kept at ratio 2:1 for the Company to continuously meets his obligations in order to ensure perpetuity.

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3 years ago

A check-processing center uses exponential smoothing to forecast the number of incoming checks each month. The number of checks

BaLLatris [955]

Answer:

Forecast for the month of July = 41,600,000 Checks

Explanation:

The question is determine the forecast for the month of July for the Check Processing Center

first, what is the forecast for June= 42 Million Checks also called Fjune

Actual checks received in June = 40 million checks also called Ajune

The smoothing constant is 0.2

Hence, the forecast for July known as the Fjuly

= a x Ajune + (1-a) x SFune

= 0.2 x 40,000,000 + (1-0.2) x 42,000,000

= 8,000,000 + 33,600,000

Forecast for the month of July = 41,600,000 Checks

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3 years ago

4. Mathew is a brand manager for a large chocolate producer. Every six months, Mathew and a team of colleagues review the new pr

stira [4]

Answer:

product screening

Explanation:

The activity being described in this question is part of the product screening. This is a step in the product development process where different product designs are evaluated and analyzed according to the company's goals and criteria and those that meet all of their requirements are chosen for production while the ones that don't are scraped. This is what Mathew is doing by choosing the two product proposals that meet the companies requirements and which they believe will be good to pursue.

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3 years ago