The answer is The Yellow Book.
This book outlines the requirements for audit reports, professional qualifications for auditors, and audit organization quality control.
This means that the auditors of federal, state, and local government programs have to use these standards to perform their audits and produce their reports.
The Yellow Book is used by auditors of government entities, including the entities that receive government awards, and other audit organizations performing Yellow Book audits.
Hence, The Yellow Book is the authoritative source of governmental auditing standards. In other words, governmental auditing standards are found in this source/document.
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Answer:
Public or Private company!
Explanation:
I don't know exactly what you're asking for here, but I believe the blank could be a private company.
If most (or only) Ahmad's family owns stocks of this company it would have to be a private company because a small group of people is the stockholders. But let us just say Ahmad's family is super-rich and they invested in BioTechno, which is a mid-cap stock. They own around 40% of the stocks, but a lot of others also own this stock. In that scenario, it would be a public company!
Answer:
$5,000
Explanation:
Since Suppose Clampett, Inc., terminated its S election on August 28, 2019, it implies that the ending date for post transition termination period is September 15, 2019. This date is the extended due dat for S corporation to file final tax return.
As J.D. made additional capital contributions of $5,350 on March 15 and $13,050 on September 20, only the $5,350 contribution made on March 15 falls within the post transition termination period of September 15, while the $13,050 contribution made on September 20 falls outside the post transition termination period.
Therefore, J.D. May only deduct $5,000 in 2020.
Answer:
Real wage rate can be calculated by:
= Nominal wage rate /CPI * 100
2018 real wage rate:
= 7 / 252 * 100
= $2.78
2019 real wage rate:
= 10 / 257 * 100
= $3.89
Did these workers really get a pay raise between 2018 and 2019?
YES THEY DID:
= 2019 real wage - 2018 wage rate
= 3.89 - 2.78
= $1.11
