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Elza [17]
3 years ago
11

The audit expectation gap occurs when there is a difference between the expectations of the ________. a. generally accepted acco

unting principles and auditors. b. auditors and company under review. c. auditors and financial statement users. d. company under review and financial statement users.
Business
1 answer:
Mrrafil [7]3 years ago
6 0

Answer:

c. auditors and financial statement users.

Explanation:

This is because, the auditors and the financial statement users tends to have different views on what their responsibilities are. Since their views differs, their tend to be a gap which occurs. <em>This gap is called audit expectation gap. This could be minimized through self regulating auditing of the financial statement before the final auditing by auditors.</em>

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After an ems run, your partner suggests you write down vital signs differently than the ones obtained
SVETLANKA909090 [29]

During an EMS run and your partner instructed you and suggests you to do and write vital signs written differently than of the original record obtained, it would likely affect the treatment that could be administered in the patient. The vital signs are basic and yet they are important in a person’s data for they are a critical data and it is where medical professionals base their treatment and assessment to the patient. If this is written differently, not only will affect the treatment but it could also cause conflicts and there will be consequences to the people who are involved such as having suspended or fired in their line of work or having to have criminal charges.

5 0
3 years ago
During the past six months, Ben sold goods that cost $43,500, his
cupoosta [38]

Answer:

for this problem the answer would be A. 3.08

Explanation:

Add the expenses and freight (3,500+1,750)

Subtract that from 43,500 (43,500-5250 which equals 38,250). Divide 38,250 by 12,400.

38,250÷12,400=3.08

6 0
3 years ago
Consider the following data that identifies real gross domestic product (GDP) in comparison to the long-run trend of real GDP to
Helga [31]

Answer:

Between quarter 7 and 8

Explanation:

To calculate the recession lets consider the quarter 7 and 8.

GDP in quarter 7 =$4499 Billion

GDP in quarter 8 =$4409 Billion

Growth rate of GDP in these two quarters= 4409-4499/4499*100

= -2 percent

Recession happens when the GDP decreases

8 0
3 years ago
Acme Global had to put its plans to build a new plant on hold when interest rates went up and the organization was not able to b
s2008m [1.1K]

Answer:

The economy

Explanation:

The external environment refers to the outside factors that can affect an organization's operations. One of those factors is the economy as changes on things like exchange rates, interest rates and taxes can provide opportunities or create threats for a company. According to this, the answer is that this represents the influence of the economy in the external environment on the organization as the increase on the interest rates didn't allow the company to borrow the money to build the plant.

7 0
3 years ago
Another bank is also offering favorable terms, so Rahul decides to take a loan of $18,000 from this bank. He signs the loan cont
Sphinxa [80]

Answer:

final loan amount = $18,455.86

so correct option is c. $18,455.86

Explanation:

given data

loan = $18000

rate =  10%

time = 3 months

to find out

total amount that Rahul owes the bank at the end of the loan

solution

we know that number of day in 3 months is

number of day = 3 × \frac{365}{12}

number of day = 91.25 days

loan rate = \frac{0.10}{365}

loan load = 0.00027397

now final loan amount will be

final loan amount = loan amount × (1+r)^{t}      

final loan amount = $18000  × (1+0.00027397)^{91.25}  

final loan amount = $18,455.86

so correct option is c. $18,455.86

7 0
3 years ago
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