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Taya2010 [7]
3 years ago
6

Which of the following would be considered an assurance engagement?

Business
1 answer:
yarga [219]3 years ago
5 0

Answer: Option (E)

Explanation:

Assurance engagement tends to refer or mean that an engagement, under which an individual or practitioner tends to express a conclusion, that is designed in order to enhance the level or degree of confidence of user or the intended user, apart from the responsible individual about the result or outcome of measurement or evaluation of the subject matter against the stated criteria.

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________ can describe a product class, a product form, or a brand.
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3 years ago
On January 1, Duffy Enterprises issued $100,000 in bonds that mature in 10 years. The bonds were issued at face value. The bonds
Salsk061 [2.6K]

Answer:

Given that,

Value of bonds issued = $100,000

Maturity period = 10 years

Bonds were issued at face value.

Interest rate = 8%

Interest is paid once per year on December 31.

Since, the bonds are issued at the face value, so there would be no premium or discount on the issue of bonds.

The cash is received by the company for issuing bonds and it is debited. We know that  bonds are a part of liabilities, so they are credited

Therefore, the journal entry is as follows:

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3 years ago
What happens when someone orders a second dessert when he or she is already full from the first dessert?
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Answer:

lower utility will be experienced on the second pizza

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7 0
3 years ago
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