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UkoKoshka [18]
3 years ago
9

In which type of service does the cpa assemble the financial statements but provide no assurance to third parties?

Business
1 answer:
Tatiana [17]3 years ago
3 0
Answer : Compilation.
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Monthly sales are​ $530,000. Warranty costs are estimated at​ 3% of monthly sales. Warranties are honored with replacement produ
notka56 [123]

Answer:

C. Estimated Warranty Payable for $15,900

Explanation:

The journal entry is shown below:

Warranty expense $15,900

    To Estimated warranty liability $15,900

(Being the warranty expense is recorded)

The computation is shown below:

= Monthly sales × estimated given percentage

= $530,000 × 3%

= $15,900

We simply debited the warranty expense as it increases the expenditure and credited the liabilities as it also increases the liabilities account

8 0
3 years ago
An online store promises to deliver any order costing over $60 within 24 hours. It uses this strategy to increase the volume of
dimulka [17.4K]

Answer: (A) Responsiveness

Explanation:

 The responsiveness is the situation in which we respond or react quickly as it is one of the quality in an organization for being responsive more quickly.

The responsiveness is one of the quality in an organization as it helped to traced out the record more quickly and it is one of the effective way.

According to the given situation, the responsiveness is the state where the organization track the record for the prompt delivery more quickly if there is increase in the number of the customer orders.

Therefore, Option (A) is correct.    

4 0
3 years ago
Nations do not have the sovereignty to takeover (expropriate) the assets of a firm without compensation.
aleksandrvk [35]

Answer:

b. False

Explanation:

The concept of "direct expropriation" has never been problematic. It is an old public law institution that finds support in most national legal systems. This form implies a mandatory transfer of the title deed or the immediate occupation or confiscation of a property right. Normally, the State or a third party designated by it directly benefits from the measure. The term brings with it the connotation of a seizure by a governmental authority of the property of a person with the aim of transferring the property to another person, normally the authority that exercises its de jure or de facto power to order the seizure.

4 0
3 years ago
Don was standing in a cafeteria line holding a plate. Tim was upset with Don. Tim turned Don around and grabbed the plate out of
mariarad [96]

Answer:

Letter d is correct.<u> Both an assault and a battery.</u>

Explanation:

Assault is an attempt by one person to harm another, that is, it is an intentional attempt to use force or violence to threaten or injure others.

Battery corresponds to an offensive touch on another person without your consent. To configure a battery situation, there must be an intentional touch harmful to another person or of an offensive nature, and touch without consent.

6 0
3 years ago
Determine the following measures for 20Y2 (round to one decimal place, including percentages, except for per-share amounts): Ass
fenix001 [56]

This is gonne take me a while Explanation:

3 0
3 years ago
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