Answer:
B) $3271.
Explanation:
Since Sheridan Company uses the effective interest method to account for Scott Company bonds, and it purchased them on discount, it must increase its debt investments by:
(market price x effective interest) - (face value x coupon rate) =
($1,650,375 x .055) - ($1,750,000 x .05) = $3,270.63 ≈ $3,271
since the bonds pay a semiannual coupon, the yearly interest rates must be divided by 2.
None of the above. if this is a big product recall, it must be urgent and top management wants the solution ASAP. if everyone has strong opinion it is difficult to reach a consensus. Hence, Natalie (i feel) should tell the team how urgent this matter is and while she will get input from everyone, the idea that not everyone's input will be the solution as this is an urgent matter must be conveyed to her teammates. Then, she will consolidate after 1 meeting and make a final decision as a team leader.
The correct answer to this open question is the following.
Although you forgot to include the proper context of the question or further references, we can comment on the following.
Alden found out about Revinate by searching on the web trying to find the best software options that could help the company to identify the customer's reviews so Gregory E. Alden could make the best decisions for his company.
Gregory E. Alden is the manager of the company Woodside Hotels, located in Northern California. He was trying to monitor the comments of his high-class clients because Woodside Hotels is in the luxurious hotel business. So knowing that constantly monitoring client's comments on social media pages such as TripAdvisor or Yelp can be an arduous and difficult task, Gregory searched for the best software company to monitor client's comments on social media. That is how he found Revinate, a company that helps managers to track reviews so they can make the best business decisions once they have learned what their customers desire. And that is exactly what I would do to choose the kind of company to know about the preferences of my customers.
Answer: Option A
Explanation: An auditor refers to an individual who is certified by an authority to perform an audit. The auditor provides an independent opinion as if the statements of the company are prepared as per the accounting and auditing standards.
Fraud examiners are the individuals who investigates an activity which is concluded to be a fraud already.
The difference between the two is, the auditor initially ascertains if there is a fraud while the fraud examiner tries to ascertain who is guilty of performing the fraud.
Hence from the above we can conclude that the correct option is A.
Answer:
D --> 3
B --> 2
A --> 1
C --> 4
Explanation:
1.- The company should pick the most probable outcome when possible to evaluate liabilities, and only recognize revenues and assets with certain.
Between two favorable figures, it will pick the lowest if it is not certain about the second outcome.
2.-The accounting should disclosure all information useful for third parties to make knowledgeable decisions about a company
3: the accounting should keep the same method over the years, so the assets valuation follow a certain logic. If the accounting change method every year, then the valuation of the assets will differ from period to period. This will make the books of previous year difficult to compare with the current year.
4.- The company needs to show any important data which is significant to the business