Answer:
B. World Trade Organization
Explanation:
World Trade Organization has the power to enact legally binding ground rules.
The World Trade Organization is an international organization made up of 164 member countries across the world. WTO deals with the rules of trade between nations.
The goal of the World Trade Organization is to ensure that trade flows as smoothly among nations of the world.
World Trade Organization is responsible for solving trade disputes among nations. They also negotiate trade agreement between nations
In the context of business management, the purpose of budgeting includes the following three aspects:
•A forecast of income and expenditure (and thereby profitability)
•A tool for decision making
•A means to monitor business performance
The answers to the question have been given below
<h3>a. The arguments supporting a decision to accept Tierra would be</h3>
- Some engagements in in auditing are known to have more risks compared to some others. The auditors are to create detailed audit programs.
- They should not deny to carry out auditing engagements based on the fact that it appears tough.
- The chairman of the organization may be seen to be a mature person that would not do questionable things.
b. The arguments that would be there would be
- If the IRS should say that Edmond does not have the integrity then it would be the best thing to associate him with the organization
- Routine auditing are a way that can help to detect the frauds that take place in management.
- If they do not want to get questioned based on their reputation, they have to try to avoid high risks auditing.
c. The decision would have to lie in the extent of the degree of risk that the firm can take. Given that all of the information shows Edmond to be a person of integrity then the engagement can be accepted.
Read more on auditing here:
brainly.com/question/24317218
#SPJ1
Answer:
The statement is: True.
Explanation:
The Modigliani-Miller (<em>M&M</em>) Theorem is used in financial and economic studies to analyze the value of a firm such as a business or a corporation. The M&M theorem states that a firm's value is based on its ability to earn revenue plus the risk of its underlying assets. Thus, the way a company finances its operations should not affect its value.
When it comes to taxes, the M&M theorem states that the capital structure of a company is not affected when there are no taxes. The theorem starts with the corporate taxes to then relate the approach to personal taxes.