1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
devlian [24]
3 years ago
13

An accountant’s standard report on a compilation should state that the accountant:(A) Has not audited or reviewed the accompanyi

ng financial statements.(B) Obtained an understanding of the accounting practices in the client’s industry.(C) Is not aware of any material modifications that should be made to the financial statements for them to conform with GAAP.(D) Is not responsible for disclosing errors, fraud, or illegal acts.
Business
1 answer:
strojnjashka [21]3 years ago
7 0

Answer:

(A) Has not audited or reviewed the accompanying financial statements.

You might be interested in
Wilson is currently producing a component for one of its products. Wilson has received an offer to buy the component from an out
lorasvet [3.4K]

Answer:

Option B                                      

Explanation:

In simple words, avoidable costs refers to those expenditures which can be avoided by the management of the business if they want to as such expenditures are usually made for additional support.    

Irrelevant costs include factors which will not be impacted by a management action, whether positively or negatively. Consequently, unnecessary factors, such as static overhead as well as sunken factors, are overlooked in making the choice. Nonetheless, in addition to ultimately save the company it is important for a management to be able to discern an insignificant expense.

6 0
3 years ago
You expect KT industries (KTI) will have earnings per share of $4 this year and expect that they will pay out $1.75 of these ear
melisa1 [442]

The value of a share of KTI's stock today is closest to 9.5% , 0.004375 .

Explanation:

Investment Investment (ROI) is an investment performance metric used to evaluate or compare the success of a variety of investment operations.

In addition to the spending price, ROI aims to explicitly calculate the make value of a single project.

g = retention rate

ROI = 0.75*13% = 9.5%,

Price = 1.75/(0.10-0.0975) = 0.004375

5 0
3 years ago
Under what circumstancess should outsourcing be used for building Information systems​
Zinaida [17]

Answer:

FOR LIFE INSURANCE DENSITY

6 0
3 years ago
Suppose you deposit $116 today, $135 in one year, and $885 in two years in an account that pays an annual rate of interest of 14
olga nikolaevna [1]

Answer:

The answer is $1357.85

Explanation:

Future value= Σ C(1+i)^n

FV = 116(1.141^3) + 135( 1.141^2) + 885(1.141) = $1357.85

7 0
3 years ago
Maxim Corp. has provided the following information about one of its products: Date Transaction Number of Units Cost per Unit 1/1
Setler [38]

Answer:

Cost of goods sold as per average cost method = $92,458.5

Explanation:

As for the information provided as follows:

Opening Inventory             265 units     @         $153 each      = $40,545

Purchase                             465 units     @         $173 each      = $80,445

Purchase                             165  units     @         $213 each      = $35,145

Total data                            895 units                                        = $156,135

Average cost per unit = $156,135/895 = $174.45

In average cost method simple average is performed, whereas in weighted average weights are assigned.

Sale is of 530 units

Cost of goods sold as per average cost method = $174.45 \times 530 = $92,458.5  

7 0
3 years ago
Other questions:
  • Factors that affect the elasticity of demand for labor include all of these except:
    14·1 answer
  • If congress and the president decide an expansionary fiscal policy is​ necessary, what changes should they make in government sp
    14·1 answer
  • A company has budgeted direct materials purchases of $250000 in July and $420000 in August. Past experience indicates that the c
    5·1 answer
  • Searching for jobs and locating companies is just the start of finding employment
    7·1 answer
  • Which of the following is not part of the process for assessing security controls according to NIST SP 800 53A 1?
    8·1 answer
  • In the sale of a business, if the requirements of the Uniform Commercial Code are not
    14·1 answer
  • Co-branding is a strategy used in which of the following types of partnerships?
    6·2 answers
  • Why is it important to consider how you will spend your retirement when planning for retirement?
    12·1 answer
  • Advantages of discounted payback period​
    11·1 answer
  • According to Percy Barnevik, how should a global manager respond when told "You canât do that in Brazil because of current gover
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!