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Anni [7]
3 years ago
5

A service auditor's report on a service center should include a(n) :A. Detailed description of the service center's internal con

trol.B. Statement that the user of the report may assess control risk at the minimum level.C. Indication that no assurance is provided.D. Opinion on the operating effectiveness of the service center's internal control.
Business
1 answer:
SashulF [63]3 years ago
4 0

Answer:

The answer is letter A.

Explanation:

Detailed description of the service center's internal control.

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Market structures For each of the following scenarios, determine which market model best describes the scenario. Then identify t
pantera1 [17]

Answer:

Please refer explanation

Explanation:

A. Many small shops sell different styles of sweaters. Some stores sell higher-quality and more expensive sweaters then other stores.

1. many

2. differentiated

3. easy

4. price-searcher

Monopolistic competition is whereby there are many firms selling similar products and services but are not perfect substitutes. They may be different in quality, design or style. Barriers to entry are low and any one firm’s decision does not necessary affect all others. These firms tend to have limited price setting powers and they make use of heavy adverting and brand differentiation.

B. Hundreds of high school students who require tutoring in algebra choose among dozens of tutoring companies offering similar services.

1. many

2. standard

3. easy

4. price-taker

Perfect competition is a market structure where there are many firms selling homogenous or commodity products, such as a fruit or vegetable vendor. They do not have the ability to influence the price and they take the price that they receive. There is free flow of information between sellers and buyers regarding the goods sold as well as the prices of goods and services sold. Firms can easily enter and exit the market.

C. Four Internet providers offer similar services to almost everyone in the city. Any new company would have to engage in a price war with the existing companies.

1. few

2. standard

3. challenging

4. oligopoly

Oligopoly is an imperfect market structure with a small number of firms who are impacted by each other’s actions. Oligopolies may collide either explicitly or tacitly in order to restrict output or fix prices and achieve above normal market returns. Government policies and regulations are placed to encourage or discourage oligopolistic behavior and ensure that consumers are not exploited.

D. Only one pharmaceutical company has a government patent to sell an experimental drug.

1. one

2. unique

3. impossible

4. monopoly

A monopoly refers to a single company dominating the market in an industry. It has a proportionately large market share. This can be due to an absence of proper restraints. They have control of the price in the market for that product. There are very large batters to entry and exit, they exploit economies of scale and are able to make abnormal profits in the industry.

4 0
3 years ago
Percentage analysis, ratios, turnovers, and other measures of financial position and operating results are a. a substitute for s
Kazeer [188]

Answer:

b. useful analytical measures.

Explanation:

All of the financial measures described in the question are all useful analytical measures used in many big companies. The more tools a company can use for their analytics the better and more accurate the results will be. Better and more accurate results then lead to better decisions on what direction to take the company.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
Monty Inc. produces organic cranberry juice from cranberries it farmed. Unfortunately, it has been a bad year for cranberries be
Vesnalui [34]

Answer:

$3.10 per litre

Explanation:

Riverbed will agree to buy the additional cranberries for at most $3.10 per litre since this is their normal selling price. They can buy at this price and accept to not make profit since they are out to satisfy customers now and are not necessarily looking to make profit.

Therefore cost of purchase of extra cranberries would equal selling price at maximum

7 0
3 years ago
Lindor​ inc.'s $100 par value preferred stock pays a dividend fixed at​ 8% of par. to earn​ 12% on an investment in this​ stock,
likoan [24]

Answer: $66.67

Explanation:

Lindor​ inc.'s $100 par value preferred stock pays a dividend fixed at​ 8% of par. to earn​ 12% on an investment in this​ stock, you need to purchase the shares at a per share price of ;

Given the following :

Par value of preferred stock = $100

Fixed Dividend rate = 8% of par

Expected return on investment (r) = 12%

Purchase price of this stock in other to earn 12% :

Per share price is given by:

(par value × Dividend rate) / expected return

($100 * 0.08) / 0.12

$8 / 0.12 = $66.6666

= $66.67

4 0
3 years ago
Zone pricing: A. allows a uniform delivered price to be charged to all buyers in each zone. B. simplifies the calculation of tra
ki77a [65]

Answer:

E. all of these alternatives are correct

Explanation:

Zone pricing allows a uniform delivered price to be charged to all buyers in each zone, simplifies the calculation of transportation charges,  means making an average freight charge to all buyers within some geographic area and may make it possible to compete with sellers located closer to the buyer

7 0
3 years ago
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