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SIZIF [17.4K]
3 years ago
14

An examination of the financial statements of a business to ensure that they conform to generally accepted accounting principles

is called:_______
a. A certification
b. An audit
c. A verification
d. A validation
Business
1 answer:
ra1l [238]3 years ago
4 0

Answer:

The correct answer is letter "B": An audit.

Explanation:

An audit is an objective examination of accounting records that makes sure the records are a fair and accurate representation of the transactions they claim to represent. An audit is often used to mean an examination of a taxpayer's records by the Internal Revenue Service (IRS).

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Payment for the use of a copyrighted work is called a
tatyana61 [14]

<span>Payment for the use of a copyrighted work is called a tax

</span>
7 0
3 years ago
A coffee distributor needs to mix a(n) Costa Rican coffee blend that normally sells for $9.50 per pound with a Kenya coffee blen
snow_tiger [21]

Answer:

5,11 pounds of Costa Rican coffee and 64,89 pounds of Kenya coffee

Explanation:

First, we need to know the proportion of every coffee in the mix trying with different percentages until getting the result of $13,49  

 

($9,50*25%)+($13,80*75%)=$12,73  

 

($9,50*10%)+($13,80*90%)=$13,37  

 

($9,50*7,5%)+($13,80*92,5%)=$13,48  

 

($9,50*7,3%)+($13,80*92,7%)=$13,49  

 

So, the percentage of Costa Rican coffee is 7,3% and Kenya coffee is 92,7%  

And we can get the pounds required to get 70 pounds  

 

70*7,3%=5,11

 

70*92,7%=64,89

   

We need 5,11 pounds of Costa Rican coffee and 64,89 pounds of Kenyan coffee to create 70 pounds of mixed coffee that can sell for $13,49 per pound  

8 0
3 years ago
In the United States, what does the general level of a family’s income have to do with the amount of cash the family is likely t
Sophie [7]

Answer:

The general level of family's income is directly proportional to the amount of cash a family is likely to hold

Explanation:

Of the three motives of money, transactional motives of money relates to holding money(whether at hand or at bank) to meet daily transaction e.g buying of fuel/gas, transport fare to work place.

If the level of income of a family increases, other things being equal, the family tends to hold more money for their daily transaction. The level of income is directly proportional to amount of cash a family holds...

For example, family A earns $100 per week and holds $30 to meet daily transaction or unforeseen circumstances. If his pay increases to$150, it is intuitive for Mr A to hold higher money, lets say $50

6 0
3 years ago
Which of the following is LEAST likely to be a reason for firms to form a cartel?
GalinKa [24]

Answer:

The correct answer is letter "C": to raise competition among firms in the cartel.

Explanation:

A cartel is a group of companies or countries working together to regulate the price of a single product they produce in common. The cartel makes it impossible for a foreign business to enter the market and demand lower prices. Cartels are, in most cases, not helpful to customers. They generate high prices that remain unchanged until consumers find alternative ways to purchase the same items.

Under such a scenario,<em> cartels are unlikely to be formed to generate more competition among the companies that compose them.</em>

4 0
3 years ago
Sanjay is the manager at a restaurant and offers to promote Linda, a waitress at the same restaurant, in return for sexual favor
Tresset [83]

Answer:quid pro quo harassment

Explanation:It is sexual and involves exchanges in a workplace.

3 0
3 years ago
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