Answer:
Failure to timely pay personal income taxes.
Explanation:
Rules of Conduct
This is simply said to be a full stated guidance to aim to help an auditor in applying broad principles contained in AICPA's Code of Professional Conduct
These Disreputable conduct if commited by an attorney, certified public accountant, or enrolled practitioner, it can therefore lead to them being disbarred or suspended from practice before the Bureau.
Rules sometimes do changes over time due to the fact that members of profession encountered specific ethical dilemmas in complying with the principles of the code
There are 6 Principles of the AICPA Code of Professional Conduct. They cover:
1. Responsibilities
2. The Public Interest
3. Integrity
4. Objectivity
5. Due Care
6. Scope and Nature of Services
The disreputable conduct for which a CPA can be disbarred or suspended includes the following;
1. When they Directly or indirectly attempting to influence the official action of any employee of the Internal Revenue Service by use of threats or false accusations or by bestowing any gift, favor, or thing of value.
2. Knowingly aiding and abetting another person to practice before the Internal Revenue Service during a period of suspension or disbarment.
Answer:
$1,667
Explanation:
Given that,
Savings account at the beginning of the year = $2,000
Price level at the beginning of the year = 100
Price level at the end of the year = 120
Price level increases from 100 to 120
Therefore, what was worth $120 earlier, is not worth only $100.
Hence, $120 at the beginning of the year is worth = $100 at the end of the year
$1 at the beginning of the year is worth = ($100 ÷ $120) at the end of the year
Savings of $2,000 at the beginning of the year is worth:
= ($100 ÷ $120) × $2,000
= 0.833 × $2,000
= $1,667
Therefore, the real value of the savings is $1,667.
I think Sophia is responding to Brand Image Consistency.
This retailing challenge must meet Sophia's expectation on what she saw on its website and ads to what she will actually see in person. The image of the brand must be consistent from its advertisement to its actual product.
Answer:
Since the capital account and owner's equity accounts are expected to have credit balances, the drawing account (having a debit balance) is considered to be a contra account. In addition, the drawing account is a temporary account since its balance is closed to the capital account at the end of each accounting year.
Explanation:
Please Mark me brainliest
As the output is increased or decreased, these (B) fixed costs remain unchanged.
<h3>
What are fixed costs?</h3>
- Fixed costs, also known as indirect costs or overhead costs in accounting and economics, are corporate expenses that are independent of the volume of goods or services generated by the business.
- They are usually recurrent, such as monthly interest or rent.
- These expenses are frequently capital expenses.
<h3>Explanation -</h3>
- Dependent refers to a variable that changes when other factors change.
- Fixed cost refers to a cost that doesn't change when the number of goods produced increases or decreases.
- Opportunity cost refers to the benefit that you would have received from the option that was not chosen.
- Marginal cost refers to the change in the cost when you produce an additional unit.
- According to this definition and as the statement refers to a cost that doesn't change.
Therefore, as the output is increased or decreased, these (B) fixed costs remain unchanged.
Know more about fixed costs here:
brainly.com/question/3636923
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Complete question:
If a company rents a warehouse, it must pay rent for the warehouse whether it is full of inventory or completely vacant. Other examples include executives' salaries, interest expenses, depreciation, and insurance expenses. As the output is increased or decreased, these _______ costs remain unchanged.
a. dependent
b. fixed
c. opportunity
d. marginal
