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igomit [66]
3 years ago
13

Tax return preparers may generally rely on a client's representations to prepare the client's tax return without verification un

less
Business
1 answer:
mamaluj [8]3 years ago
7 0

Answer:

the information seems incorrect, inconsistent, or incomplete.

Explanation:

An effective system of affidavits can play an important role in promoting integrity, transparency and accountability. Depending on its design, the declaration forms can be used to detect illicit enrichment or to determine if the decision of a public servant has been compromised by a private interest, such as being a previous or external job, being a member of a council or Similary. The declaration system is a component of the integrity system of a country that supports the process of building a culture of integrity and reinforces accountability

A system of affidavits can play an important role in promoting integrity, transparency and accountability. Depending on their design, they can be used to detect illicit enrichment or to determine if the decision of a public servant has been compromised by a private interest, such as being a previous or external job, being a member of a council or similar. The declaration system is a component of the integrity system that supports the process of building a culture of integrity and reinforces accountability.

In addition, by making public the affidavits, the government shows its commitment to transparency and allows social control, adding a new instance of scrutiny.

It can usually be done through a client that you choose and represent, but there is no excess of the problems that you may have in case of having bad skin. That is why it is always recommended to verify and even more when the numbers seem incorrect, erroneous or incomplete.

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Recession, inflation, and high interest rates are economic events that are best characterized as being a. systematic risk factor
Shalnov [3]

Answer:

The correct answer is letter "B": among the factors that are responsible for market risk.

Explanation:

Market risk is the threat of an investment value falling due to factors that affect all market-wide investments. Investors always take on a certain level of risk. There is always the risk that their investments do not achieve expected returns. The risk falls into two categories: <em>Systematic risk </em>and <em>Unsystematic Risk. </em>

<em>Interest rates fluctuations, recession, and inflation are considered market risks.</em>

3 0
2 years ago
What is the main reason the government creates regulations? to keep control over what is bought and sold in the us to make sure
zubka84 [21]

to make sure business is conducted safely and fairly

The government creates regulations in order to make sure business is conducted safely and fairly. Without regulation the market would have to auto regolate itself, which is a thing that it does, but the cost of this autoregulations are often too much. The government can help create basic directories to ensure that the trade is safe done.

5 0
3 years ago
Read 2 more answers
Fiscal policy is defined as changes in federal ________ and ________ to achieve macroeconomic objectives such as price stability
wariber [46]

Answer:

expenditures and taxes

Explanation:

Fiscal policy refers to a government action to adjust taxes and expenditures to influence economic growth. Taxes are the main sources of income for the government. A rise in taxes increases revenue to the government but lower individual disposable income. High taxes discourage investments and business expansion.

Government expenditure in infrastructure and other projects creates employment and incomes in the economy. Reduced spending by the government may result in a lower aggregate demand. The government uses fiscal policies together with monetary policies to achieve its economic goals.

5 0
2 years ago
HELPPPPPP!!!!
lidiya [134]

Answer:

B. Greater efficiency

Explanation:

Efficiency, in this case, will refer to achieving the desired results with minimal or no wastage. A distribution manager has the responsibility to ensure goods get to their destination as scheduled. The manager's efficiency will be gauged by the speed, accuracy, and safety of deliveries.

Other than cost savings, the distribution manager has to aim at achieving greater efficiency. Customer service and pricing are functions of other managers.

8 0
2 years ago
Read 2 more answers
The following information pertains to Lightning Inc., at the end of December: Credit Sales $ 20,000 Accounts Payable 10,000 Acco
OLEGan [10]

Answer:

Lightning Inc.

Computation of Bad Debts Expense:

7% of $7,500 =   $525

21% of $1,600 =    336

46% of $1,300 =   598

Total                 $1,459

Explanation:

a) Data and Calculations:

Credit Sales $ 20,000

Accounts Payable 10,000

Accounts Receivable 10,400

Allowance for Uncollectible Accounts 400 credit

Cash Sales 20,000

Lightning uses the aging method and estimates it will not collect 7% of accounts receivable not yet due, 21% of receivables up to 30 days past due, and 46% of receivables greater than 30 days past due.

The accounts receivable balance of $10,400 consists of $7,500 not yet due, $1,600 up to 30 days past due, and $1,300 greater than 30 days past due.

Age Analysis of Accounts Receivable balance of $10,400

                  Not yet due     up to 30 days         greater than 30

                                               past due              days past due

Percentage         7%                         21%                  46%

Balance           $7,500                  $1,600               $1,300

Bad debts          $525                     $336                 $598

Bad debts Expense = $1,459            

6 0
2 years ago
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