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Scorpion4ik [409]
3 years ago
5

In order for information to be meaningful, a firm's accounting processes and procedures should be certified as accurate by accep

table accounting standards. Companies hire ________ to provide unbiased opinions about the accuracy of a firm's financial statements.a) bookkeepersb) private accountantsc) tax accountantsd) independent auditors
Business
1 answer:
kolezko [41]3 years ago
8 0

Answer: Independent Auditors

Explanation: Independent Auditors are professionals in the field of accounting such as chattered accountants that are employed to check the business and financial records of an organization to which they don't work in. Auditors are used to ensure accuracy in records and also to ensure no financial mismanagement or fraud.

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A profit maximizing competitive firm in a market with NO externalities will produce the quantity of output where
Viktor [21]

A profit maximizing competitive firm in a market with NO externalities will produce the quantity of output where

  • price = marginal cost
  • marginal revenue = marginal cost
  • marginal benefit = marginal cost

Option D

<u>Explanation: </u>

All of the options are true.

In a highly competitive market, companies set marginal incomes at marginal cost level (MR= MC) in order to make a profit. MR is the pitch of the profit curve, which represents the (D) and price (P) of the demand curve as well.

It is necessary to have positive, or negative economic benefits in the shorter term. The company profits whenever the price exceeds the total average cost. The company loses on the market if premiums are less than average total costs.

5 0
3 years ago
Butler, Inc. paid $75,000 to retire a note with a face value of $83,000. The note was issued with an 8% coupon rate paid semiann
Citrus2011 [14]

Answer:

Option (A) is correct.

Explanation:

Given that,

Amount paid to retire a note = $75,000

Face value of a note = $83,000

Coupon rate = 8% (Paid semi-annually)

Net book value of a note = $68,200

The net gain or loss on the redemption of the note is determined by the difference between the net book value of the note and the amount paid to retire the note. A negative amount indicates that there is a loss on the redemption and a positive amount indicates that there is a gain on the redemption.

Net gain or loss:

= Net book value of a note - Amount paid to retire a note

= $68,200 - $75,000

= -$6,800

Therefore, there is a net loss of $6,800 on the redemption of the note.

3 0
4 years ago
Sherman Peabody earns a monthly salary of ​$1,500​, which he receives at the beginning of each month. He spends the entire a
ale4655 [162]

Answer: A. maximizes the profits from money management.

Explanation:

The optimal average level of money is indeed the amount that maximises profit from money management.

Money management is essentially taking charge of your money and ensuring that you manage it in such a way as to limit unnecessary expenses whilst growing money through measures such as budgeting, investing and expenses tracking.

With Mr Peabody's income and other financial constraints, the optimal average level of money will be the most he can maximise from managing his money.

6 0
4 years ago
When you make a choice in your​ self-interest, _______.
gogolik [260]

Answer:

Basket ball

Explanation:

I love it a alot because it good

7 0
3 years ago
Antoine is proud of his team of warm, knowledgeable, and ethical recruiters at Luvia Insurance. They are sure to give realistic
hoa [83]

Answer: Candidates are not getting timely feedback about their applications.

Explanation:

From the information provided in the question, we realize that Antoine has a team of knowledgeable, and ethical recruiters at Luvia Insurance.

Despite this, Antoine observed that the number of applicants who accept offers has reduced and he realized that developed an unfavorable opinion of Luvia Insurance.

The most likely reason for this is that the candidates do not getting timely feedback about their applications. In a case whereby this occurs, the applicants would go to other companies who have reviewed their applications quicker and they've gotten a feedback from on time.

7 0
4 years ago
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