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Veseljchak [2.6K]
3 years ago
6

For each of the following parts of the definition of auditing, state which part of the precedingnarrative fits the definition:a.

Informationb. Established criteriac. Accumulating and evaluating evidence d. Competent, independent persone. Reporting results

Business
1 answer:
gtnhenbr [62]3 years ago
5 0

Answer:

Reporting results

Explanation:

Here reports involve various things like

1. Which of the trucks were parked as on June 30, 2011 at night

2. Figure out the ownership whether it is with the regional delivery service or not

3. Figure out the physical condition of the truck as per the guidelines prescribed

4. Analyze and evaluate the blue book for find out the fair value as per the blue book

These four things should be involved

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When economists speak of a deadweight​ loss, they are referring to?
nadezda [96]
Deadweight loss is a type of economic inefficiency when a good or service is not at its economic equilibrium (where supply equals demand). This loss may be experienced because of a tax or subsidy, or because of market power, such as a monopoly. Economists refer to deadweight loss when they want to show the negative effects of certain policy decisions that are less than optimal. 
5 0
4 years ago
Fairfax Pizza borrowed 745,000 dollars to build a new restaurant for 745,000 dollars. The decision to spend 745,000 dollars on t
EastWind [94]

Answer:

Financing decision

Explanation:

Financing decision is concerned with borrowing and allocating funds for investments.

As such, the decision to borrowed 745,000 dollars and use the fund to build a new restaurant for 745,000 dollars is a financing decision.

Capital Budgeting decision-making process involves plans around any long term capital expenditures whose returns (cash inflows and outflow) are expected to be earned in more than a year.

8 0
4 years ago
Game theory can help us understand why Xerox did not successfully exploit the opportunity it had in IT. If Xerox commercializes
Arisa [49]

If Xerox commercializes PC technology and its rivals do not Xerox payoff is expected to be $250m, whereas the competitors’ payoff is $75m.

<h3>What is game theory?</h3>

This is the game strategy that involves two players where each of the players have to pick the most favorable choice based on the choice of the other person.

Here it would be best for Xerox to pick option B because this is where they would be able to get the most advantage.

Read more on game theory here:

brainly.com/question/13548182

#SPJ1

<h3>Complete question</h3>

Game theory can help us understand why Xerox did not successfully exploit the opportunity it had inIT. If both Xerox and competitors continue with old technology the payoff for XeroxSelect one:a.

is $150m, whereas the competitors’ payoff is $325m.

b. is $2

50m, whereas the competitors’ payoff is $75m.

c.

is $75m, whereas the competitors’ payoff is $250m.

d.

is $325m, whereas the competitors’ payoff is $150m.

3 0
2 years ago
V. Wheat is the main input in the production of flour. If the price of wheat decreases, then we would expect:
Murrr4er [49]

Answer:

3. Supply of flour to increase.

Explanation:

The situation above is showing a<em> direct proportional relationship</em> between the "wheat," as a main ingredient of flour, and the flour itself.

If the price of wheat <em>decreases</em>, <u>suppliers will be interested in buying more of it in order to produce more quantities of flour at a </u><em><u>lower cost </u></em>because it will more likely lead to a<em><u> higher profit</u></em>. This will, therefore, increase the supply of flour in the market.

6 0
3 years ago
What is the intersection of the assessed probability and severity of a hazard called in the RM process?
Alex_Xolod [135]

Answer:

(1) Assessment

Explanation:

The intersection of the assessed probability and severity of a hazard in the risk management process is called 'risk assessment'

Risks are usually assessed in two broad areas namely: Probability of occurrence and Impact.

Probability of occurrence has to do with the degree of likelihood that a risk will materialize while 'impact' tries to access how much damage the risk is likely to cause, in the event that it materializes.

In summary, risk management usually views risk as a function of probability and impact.

3 0
3 years ago
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