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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.

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Under the principles of agency law, any sale of goods by a salesperson in a store to a customer can be binding on the owner of t
NeX [460]

Answer: True

Explanation:

Under Agency Law in relation to employment, the salesperson is acting as an agent of the owner of the store and as such is their representative. As their representative, it is assumed that whatever they are selling is from the Owner whom they represent and as such can be binding on the owner.

This is why the Agent must act in the best interest of the owner because the owner could be held negligent for the actions of their agents. For instance, a salesperson will not be sued for a faulty equipment that caused harm but the store can.

4 0
3 years ago
Managers face contemporary challenges such as managing HIV-positive employees, managing older workers, and eliminating sexual ha
3241004551 [841]

These arise out of the <u>legal</u> environment of business.

<u>Explanation</u>:

A manager is a person who is responsible for controlling and managing the operation of the organization. The manager organizes, plans and directs the staffs in his organization. He is responsible for effective running of the organization.

The manager faces many challenges in the company to maintain its successful running.

The manager is considered to be good if he coordinates his employees towards the success of the organization. The manager should effectively monitor the behavior of the employees.

5 0
3 years ago
Growth tutorial: plato <br><br>how might the lack of this aspect of infrastructure affect health​
Alenkasestr [34]

Answer:

how might the lack of this aspect of infrastructure affect health​?

Infrastructure on its own is one way of development, ways at which lack of it will affect health include;

it will deter the link between rural areas and the urban area

lack of infrastructure will help to increase the chances of breeding parasites which affects health

lack of infrastructure also affects personal hygiene as lack of water and other basic amenities affects health greatly.

Explanation:

6 0
3 years ago
Read 2 more answers
Pastina Company sells various types of pasta to grocery chains as private label brands. The company's fiscal year-end is Decembe
RUDIKE [14]

Answer:

1) The net income for the period ended December 31, 2018, is 68103.

2)The total liabilities and stockholders equity is 261615.

Explanation:

1) 1920 sales revenue is an unearned revenue since delivery will be made in 2019  

Interest payable on note oct 1 :Interest =71400\times.12\times3/12=2142             [1 Oct - 31 Dec]  

Interest receivable on march 1 :Interest= 29400\times.08\times10/12=1960    [1 Mar -31 -Dec]  

Supplies used = 1850 unadjusted -980 ending inventory = 870  

Insurance expired for the period =[6200\times1/2 ] =3100 per year \times 9/12 =2325               [1april -31 dec ]

3 0
3 years ago
Global Corp. wants to launch a new product. The determinant attributes for the product were identified, and the range for each s
Doss [256]

Answer: Trade off analysis

       

Explanation: In simple words, it refers to the decision making technique under which the decision maker gives up one thing for gaining the other.

    In the given case, Global corp. were asking their consumers to prioritize the attributes they were expecting from the new product. The higher demanded attribute would have been added and the lower one will be neglected.

Hence from the above we can conclude that the correct answer is trade off.

3 0
3 years ago
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