Well there are basically three types of budgets such as balanced budget, surplus budget and deficit budget
Explanation:
Answer:
Operations management
Explanation:
Operations management is a specialized area that converts or transform resources into goods and services. It uses land, labor, capital, knowledge and entrepreneurship. When it is focused in the service sector, its main objective is to create a good experience for those that use the service.
Answer:
The correct answer is b. The auditors’ actual state of mind and unbiased mental attitude.
Explanation:
Independence warns a mental attitude that allows to express a conclusion without influences that compromise professional judgment, allowing an auditor to act with integrity, objectivity and professional skepticism. In addition, it requires apparent independence, avoiding facts and circumstances that are so relevant that a third party with judgment and knowledgeable, appreciating all the specific facts and circumstances, will probably conclude that the integrity, objectivity or professional or skepticism of the team member Audit have been compromised.
The IFAC conceptual framework is applied in order to identify threats such as: self-interest, self-review, advocacy, familiarity and intimidation in relation to independence, assess the importance of the threats that have been identified and whether It is necessary to apply safeguards instituted by the profession or by legal provisions or safeguards in the work environment to eliminate or reduce them to an acceptable level, if it is not possible to minimize the origin of these threats, the professional can terminate the audit assignment.
Business insurance protects a business from closing due to a catastrophic loss.
Answer:
D
Explanation:
Nonprice competition refers to a strategy in which a firm tries to differentiate their products from the competition using means other than the price.