Answer:
Owners,and stockholders, directors,officers, internal departments
Explanation:
Explanation:
Disruptive technology, new business ventures, and increased availability of data are quickly changing traditional financial reporting and assurance processes. As a result, prospective auditors not only need to understand fundamental auditing concepts, but also need to anticipate the influence that disruptive technology will have on the profession. The following case study provides a lens through which prospective auditors can view the coming changes to the profession by asking them to consider how the online lending company, Kabbage, is currently disrupting the lending industry for non-traditional and small businesses. Students contemplate several fundamental auditing concepts such as audit evidence, financial statement assertions, and analytical procedures while also acquiring insight into the effects that new and disruptive technology will have on the profession. The intention is to encourage students to embrace coming changes and become lifetime learners.
I believe the In a limited liability partnership, all partners are limited partners
Answer:
C : It is recorded for the fraction of the year to the date of the disposal.
Explanation:
Depreciation is the expense charged for providing against benefits arising through the assets. When any assets are to be sold, then depreciation is to be provided against the time period it is used as the benefit have been received for such.
Therefore, even in case of sales of the asset, the depreciation is provided for the period, it is in the books, and held in hand.
Therefore, the correct statement is:
Statement C
ANSWER: C) People could not charge as many different prices for goods.
EXPLANATION: If a currency has fewer denominations, then it would be a problem to charge different prices for goods as the change will not be available. For example, if the country is having currency for only $ 50 and $100, then the products can not be priced at $5 or $10. Even the smallest item will have a minimum price of $50 which will be not be worth of. The price of the products will either decrease or increase drastically. Proper pricing of any product will not be possible and it will affect the common people.
