All categories

3 years ago

Audits may be characterized as

Business

2 answers:

BARSIC [14]3 years ago

7 0

Answer:

Explanation:

1. Analyze proprietary schools' spending to train students for low-demand occupations

Type of Audit

Economy and efficiency or program results

Type of Auditor

Governmental (GAO) auditors

2. Determine whether an advertising agency's financial statements are fairly presented with comformity of GAAP

Type of Audit

Financial statement

Type of Auditor

Independent CPAs

3. Study the effectiveness of the Department of Defense's expendable launch vehicle program

Type of Audit

Economy and efficiency or program results

Type of Auditor

Governmental (GAO) auditors

4. Compare costs of municipal garbage pickup services to comparable service contracted to a private business

Type of Audit

Economy and efficiency

Type of Auditor

Internal auditors

5.nvestigate financing terms of tax shelter partnerships

Type of Audit

Compliance

Type of Auditor

IRS auditors

6. Study a private aircraft manufacturer's test pilot performance in reporting on the results of test flights

Type of Audit

Compliance

Type of Auditor

Internal auditors

7. Conduct periodic examinations by the US Comptroller of Currency of a national bank for solvency

Type of Audit

Compliance

Type of Auditor

Bank examiners

8. Evaluate the promptness of materials inspection in a manufacturer's receiving department

Type of Audit

Compliance or Economy and Efficiency

Type of Auditor

Internal auditors

9. Report on the need for the states to consider reporting requirements for chemical use

Type of Audit

Program goal

Type of Auditor

Governmental (GAO) auditors

10. Render a public report on the assumptions and compilation of a revenue forecast by a sports stadium/racetrack complex

Type of Audit

Financial statemen

Type of Auditor

Independent CPAs

hammer [34]3 years ago

4 0

Answer:

(a) 2 and 9

(b) 5, 6 and 7

(d) 3

Explanation:

(a) financial statement audits,

2. Determine whether an advertising agency’s financial statements are fairly presented in conformity with GAAP. ( independent (external) auditors )

9. Report on the need for the states to consider reporting requirements for chemical use data. d governmental auditors Render a public report on the assumptions and compilation of a revenue forecast by a sports stadium/racetrack complex. ( independent (external) auditors )

(b) compliance audits,

5. Investigate financing terms of tax shelter partnerships. ( governmental auditors (IRS) )

6. Study a private aircraft manufacture’s test pilot performance in reporting on the results of text fights ( internal auditors )

7. Conduct periodic examinations by the U.S. Comptroller of Currency of a national bank for solvency. ( governmental auditors )

(c) economy and efficiency audits, and

1. Analyze proprietary schools’spending to train students for low-demand occupations ( governmental auditors )

4. Compare costs of municipal garbage pickup services to comparable services subcontract to a private business. ( internal auditors )

8. Evaluate the promptness of materials inspection in a manufacture’s receiving department. ( internal auditors )

(d) program results audits.

3. Study the effectiveness of the Department of Defense’s expendable launch vehicle program. ( governmental auditors )

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Answer:

Network externality is the correct answer.

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3 years ago

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ExtremeBDS [4]

Answer:

d. $7,000.

Explanation:

The computation of the loss recorded due to asset impairment is shown below:

= Book value - fair value

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2 years ago

Jan Throng invested $39,000 in the Invesco Charter mutual fund. The fund charges a commission (load) of 4.5 percent when shares

Karolina [17]

Answer:

amount of commission (load) Jan must pay is $1755

Explanation:

given data

investment = $39,000

charges commission (load) = 4.5 percent

to find out

Calculate the amount of commission (load) Jan must pay

solution

we get amount of commission will be here as

amount of commission = investment × charges commission % ......................1

put here value we will get

amount of commission = $39000 × 4.5%

amount of commission = $39000 × 0.045

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3 years ago

Classify this form of business:

Viktor [21]

Answer:

Limited Liability Partnership / Limited Liability Company.

Explanation:

Limited Liability Partnership: A limited liability relationship is a company in which certain or all members have defined obligations, based on the law. Consequently, it can show collaboration and organizational features. Each partner in an LLP is not accountable or liable for any wrongdoing or incompetence of another party.

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2 years ago

when the market demand curve crosses the long-run average total cost curve where average total costs are declining, the firm is

cluponka [151]

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Explanation:

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A natural monopoly occurs when the long-run average total cost curve is crossed by the markwt demand curve when the average total costs are still diminishing.

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2 years ago