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Nadusha1986 [10]
2 years ago
13

A written representation from a client’s management that, among other matters, acknowledges responsibility for the fair presenta

tion of financial statements, should normally be signed by the
Business
1 answer:
7nadin3 [17]2 years ago
6 0

Answer:

The answer is Chief Executive Officer and and the Chief Financial Officer

Explanation:

As part of the requirements for audit process, the external auditor will obtain from the management a written representation for the financial statements being presented to the external auditor. The management is responsible for the preparation of Financial statement and the external auditor expresses their opinions on it.

To show accountability, The Chief Executive Officer and the Chief Financial Officer both sign on it.

You might be interested in
The controller of Carla Vista Production has collected the following monthly expense data for analyzing the cost behavior of ele
Kruka [31]

Answer:

Results are below.

Explanation:

Giving the following information:

January $2,650 200

February 3,100 320

March 3,570 450

April 4,750 695

May 3,160 500

June 4,910 750

July 4,130 630

August 3,810 580

September 5,060 680

October 4,390 610

November 3,290 320

December 8,920 770

<u>To calculate the variable and fixed components using the high-low method, we need to use the following formulas:</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (8,920 - 2,650) / (770 - 200)

Variable cost per unit= $11

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 8,920 - (11*770)

Fixed costs= $450

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 2,650 - (11*200)

Fixed costs= $450

<u>Now, the total cost if the machine hours equals 450:</u>

Total cost= 11*450 + 450= $5,400

<u>Finally, 750 hours:</u>

Total cost= 11*750 + 450= $8,700

6 0
3 years ago
A(n) ____ is an object that produces each element of a collection, such as a linked list, one element at a time.
dimaraw [331]

A collection of elements, such as a linked list, is produced one element at a time by an object known as an iterator.

<h3 /><h3>What is an iterator?</h3>

Java's collection framework uses iterators to fetch elements one at a time. It is a universal iterator since any collection object can use it. We can do both read and remove actions with the help of an iterator. It is an enhanced version of enumeration that now can remove an element. Every time we want to enumerate elements in any collection framework defined interfaces, such as Set, List, Queue, Deque, and any implemented classes of Map interface, we must use an iterator. The only cursor offered across the board by the collection framework is the iterator. Calling the iterator() function on the collection interface will provide an iterator object.

To know more about iterator, visit:

brainly.com/question/14969794

#SPJ4

7 0
1 year ago
Given the following, compute the cost of goods manufactured.
Anestetic [448]

Answer:

$278,000

Explanation:

Given the above, cost of goods manufactured is computed as

= Direct materials + Direct labor + Applied overhead + Beginning work in process - Ending work in process

= $40,000 + $100,000 + $120,000 + $30,000 - $12,000

= $278,000

Cost of goods manufactured is $278,000

6 0
2 years ago
Some checking accounts require a minimum amount of money in the account or they charge point monthly fees?
QveST [7]

Answer:

True

Explanation:

4 0
2 years ago
Scout Company sold $15.000 of merchandise in September with a three-month warranty. The cost to repair defects under warranty is
chubhunter [2.5K]

Answer: debit to Product Warranty Expense for $750

Explanation: 5% of $15000 =

5 ÷ 100 × $15000 is $750.

This is an expense and so will be a debit.

8 0
2 years ago
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