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IrinaVladis [17]
3 years ago
5

A major difference between financial statement auditors and fraud examiners is that most financial statement auditors: a. match

documents to verify whether support exists for recorded information. b. determine whether the documents are originals. c. determine whether the expenditures make sense. d. check whether all aspects of the documentation are in order.
Business
1 answer:
Oksi-84 [34.3K]3 years ago
7 0

Answer: Option A

       

Explanation: An auditor refers to an individual who is certified by an authority to perform an audit. The auditor provides an independent opinion as if the statements of the company are prepared as per the accounting and auditing standards.

Fraud examiners are the individuals who investigates an activity which is concluded to be a fraud already.

The difference between the two is, the auditor initially ascertains if there is a fraud while the fraud examiner tries to ascertain who is guilty of performing the fraud.

Hence from the above we can conclude that the correct option is A.

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Data from the financial statements of Dils Brothers Co. and J. Cox, Inc. are presented below (in millions): Dils Brothers Co. J.
9966 [12]

Answer:

0.64

Explanation:

Debts to total asset ratio = Total liabilities / total assets

For J.Cox Inc 2016;  Debts to total asset ratio = $47,422 / 73,744

Debts to total asset ratio = 0.64306

Debts to total asset ratio = 0.64

2016 debt-to-total-assets ratio for J. Cox, Inc. is 0.64

3 0
3 years ago
One way of shooting a bow is the bowsight aiming method. this method:
anyanavicka [17]
<span>the key to bowsight is to practice judging distance accurately. The shooter can keep both the eyes open while aiming. Its more versatile and takes longer time to become perfect.</span>
8 0
3 years ago
The present national accounting system does not reflect changes in:
Rama09 [41]
Umm I'd have to say c or d
7 0
3 years ago
he following information relates to the manufacturing operations of the Abbra Publishing Company for the year: Beginning Ending
Serhud [2]

Answer:

Purchases= $1,091,000

Explanation:

Giving the following information:

Beginning Raw materials inventory = $549,000

Ending Raw materials inventory= $612,000

The raw materials used in production= $1,028,000.

<u>To calculate the raw material purchased, we need to use the following formula:</u>

Purchases= production + ending inventory - beginning inventory

Purchases= 1,028,000 + 612,000 - 549,000

Purchases= $1,091,000

4 0
3 years ago
In order to restrain the smaller competitors in the market, the company sells some of its products at very low prices. This is a
Aleks04 [339]

Answer:

Predatory pricing.

Explanation:

Predatory pricing is a strategy that is used by firms to gain customers, create barrier of entry from a market, or to drive competition out of the market. The firm prices it's products very low so that competitors cannot afford to sell at the same price.

This results in competitors going out of business. The result of predatory pricing is that there are few firms left in the industry, or there is establishment of a monopoly.

5 0
3 years ago
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