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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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Baden Company manufactures a product with a unit variable cost of $100 and a unit sales price of $176. Fixed manufacturing costs
GenaCL600 [577]

Answer:

Option d is correct

Increase in income        $40,000

Explanation:

                                                                                           $

Sales revenue from Order = (140× 1,000)=                  140,000

Variable cost of order ( 100× 1,000)   =                    <u>    (100,000) </u>  

Increase in income                                                       <u>  40,000</u>

<em>Note that the fixed costs of $480,000 was not include in the analysis. This is is so because it would be still incurred whether the order is accepted or not. Hence, it is irrelevant for this decision.</em>

6 0
3 years ago
Greenjeans &amp; Co. presently provides a weekly maintenance service to 140 homes. Variable costs per customer amount to approxi
Oliga [24]

Answer:

86 customers per quarter

Explanation:

Given,

Per quarter = 13 weeks

Fixed Cost = $12,000 per quarter

Variable cost = $10 per week x 13 weeks = $130 per quarter

Selling cost = $270 per quarter

We know,

Break-even point = \frac{Fixed Cost}{Selling Cost - Variable Cost}

Putting the value in the formula,

Break-even point = \frac{12,000}{270 - 130}

Break-even point = 85.71 or 86 customers per quarter.

5 0
3 years ago
What is the relationship between an emergency fund and credit/loans
sergey [27]

Answer:

Explanation:

Assets in an emergency fund tend to be cash or other highly liquid assets. This reduces the need to either draw from high-interest debt options, such as credit cards or unsecured loans, or undermine your future security by tapping into retirement funds.

An emergency fund is where you save money for unexpected expenses. Using credit/loans is when you borrow money for stuff, but you have to pay back monthly payments.

4 0
3 years ago
We have received your tax return and it is being processed. what does this mean
Fed [463]
A form on which a taxpayer makes an annual statement of income and personal circumstances, used by the tax authorities to assess liability for tax.

Ah so ^-^

3 0
3 years ago
An investor is committed to purchasing 100 shares of World Port Management stock in six months. She is worried the stock price w
makkiz [27]

Answer:

The answer is: net economic loss = -$750

Explanation:

To determine the economic gain or loss of this investor we can use the following formula:

economic loss = {[(current stock price - future stock price) x number of stocks] + [(future stock price - strike value) x number of stocks]} - cost of call option

economic loss = {[($45 - $54) x 100] + [($54 - $50) x 100]} - $250 =

economic loss = [(-$9 x 100) + ($4 x 100)] - $250 = (-$900 + $400) - $250

economic loss = -$500 - $250 = -$750

6 0
3 years ago
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