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Soloha48 [4]
3 years ago
13

When a member performs non-attest services for an attest client, management is required to designate an individual to oversee th

ose services. Which choice best describes the qualities that are required of that person under AICPA rules?
A. He or she must possess the same level of expertise as the CPA.
B. He or she must possess the same level of education as the CPA.
C. He or she must have suitable skill, knowledge, or experience.
D. He or she must be able to supervise the CPA in the day-to-day rendering of the services.
Business
1 answer:
Inessa [10]3 years ago
3 0

Answer:

C. He or she must have suitable skill, knowledge, or experience

Explanation:

As per American Institute of Certified Public Accountants (AICPA), members have to abide by a strict code of conduct which relates to performance and discharge of responsibilities.

When a member performs non attest services for a attest client, an individual for oversight needs to be designated who must possess suitable skills, knowledge, or experience.

The designated person should be able to understand the scope, nature and objectives of non attest services.

Such a person should agree upon the nature scope and objectives of such non attest services performed by the member and he is not required to supervise the member for routine discharge of services.

The person should receive progress reports and periodically review them.

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Could the central utility plant be built in a way that would allow for expansion as the additional buildings are built?
Orlov [11]

Yes, central utility plant can be built in a way that would allow for expansion as the additional buildings are built.

HVAC:

In this field, the phrase "HVAC" is frequently used, although many homeowners are unsure of what it entails. It is an acronym for "heating, ventilation, and air conditioning."

The principles of thermodynamics, fluid mechanics, and heat transfer are the foundation of the HVAC (Heat in Ventilation and Air Conditioning) system. The technology behind comfortable environments in homes and cars called HVAC.

According to the inquiry, the current HVAC design uses a central forced air heating and cooling system in the office and electric baseboard heaters around the perimeter. The lab space is designed with a three-pipe hydronic plumbing system that generates heating and cooling utilizing gas-fired boilers and electric chillers.

This HVAC design has several benefits like it will provide:

The psychological state of thermal comfort, which conveys happiness with the thermal environment and is evaluated subjectively.

One of the key objectives of HVAC is to maintain a standard of thermal comfort for people inside of buildings or other enclosed spaces.

Acceptable indoor air quality refers to the condition of the air inside and around buildings and other structures.

Make sure that poor indoor air quality doesn't hinder learning or productivity at work by taking care of the air.

District energy systems

1 Heating energy: In united states specially, Water heating is more efficient than others for heating buildings. And Forced systems have several benefits such as

We get better cooling effects from it.

it provide energy saving of up to 15-20 %

2 Energy used for air conditioning: Air conditioners and heaters transport heat rather than changing its form. Thermal efficiencies do not adequately explain the performance of these devices, even though it enhances efficiency because of this heat.

Yes, it is possible to construct the central utility plant in a way that would enable extension as more buildings are constructed. because it will improve the interchange of thermal energy, or heat, between physical systems and the quality of the air. Building reconstruction is more advantageous when done in accordance with HVAC Design.

Learn more about HVAC  here brainly.com/question/20264838

#SPJ4

6 0
1 year ago
When Patrick was talking with his customer about the new accounting system, his customer mentioned that she thought the new syst
Softa [21]

Answer:

E. overcoming reservations

Explanation:

4 0
2 years ago
Under the allowance method of accounting for uncollectible accounts, a. the cash realizable value of accounts receivable is grea
pentagon [3]

Answer:

c. the cash realizable value of accounts receivable in the balance sheet is the same before and after an account is written off.

Explanation:

Under the allowance method of accounting for uncollectible accounts, the cash realizable value of accounts receivable in the balance sheet is the same before and after an account is written off and bad debt expenses is debited.

This means that in the period in which an account previously written off is collected, the income is unaffected.

Also, under the allowance method of accounting, total assets will remain unchanged when a particular account is being written off.

8 0
3 years ago
When selecting a savings account, you should consider the interest threshold.<br> O True<br> O False
ElenaW [278]

True. You should consider the interest threshold while selecting a savings account.

Interest thresholds are the maximum amount that you can keep in your savings account, also referred to as the threshold limit. This means that it is important to choose an account that holds the threshold at an amount that is convenient and suitable to your needs.

The other criteria that need to be taken into account while choosing a savings account are:

  1. fees and penalties
  2. lowest balance
  3. interest rates and interest caps
  4. fluctuating interest rates
  5. (APY) annual percentage yield
  6. (APR)  

Simple financial transactions are one benefit of a savings account, as well as interest payments, ATM and debit card services, chequebook and passbook services, net banking and mobile banking, and a minimum average balance.

Learn more about a savings account here: brainly.com/question/4089097

8 0
10 months ago
Producers' surplus is __________.
evablogger [386]

Answer:

the difference between the price a seller receives for a good and the minimum price for which he would have sold the good. 

Explanation:

Producer surplus is the difference between the price a seller sells her goods and the least price she would be willing to sell her goods.

Consumer surplus is the difference between the price a buyer pays for a good and the highest price he would have paid for the good.

I hope my answer helps you

4 0
2 years ago
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