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Xelga [282]
3 years ago
7

The statement made by Lynn Turner, former SEC chief accountant, "Are the auditors going to serve management, or are they going t

o serve the best interests of the investing public?", refers to concerns about:
Business
1 answer:
Brrunno [24]3 years ago
8 0

Answer:

The correct answer is "Conflict between professionalism and commercialism".

Explanation:

  • As a professional service rather than partnership presents a condition that may impede the implementation including its independent review-this statement generates possible interest confliction as the impairment of the conclusion of the investigation contributes to the violation of conduct.
  • A professional service produces a condition that may well compromise impartial judgment - The journalistic integrity of an external auditor should not be compromised according to the standard prohibition claim. This can then cause friction.

So that the given statement refers to the above solution.

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Cost leadership is most appropriate when a. industry rivalry is high and customers are very sensitive to prices. b. product inno
kvv77 [185]

Answer:

e. the power of buyers is low and barriers to entry are high.

Explanation:

  • The cost leadership is the establishing a competitive advantage by having the lowest cost of operations and cost leadership is often driven by the company efficiency in size and sales. And the cumulative expand has a well-defined scope and the economies have chosen strategist and consists of the simultaneous cost leaderships example as Walmart and is different from the price leadership.
5 0
3 years ago
Pierce Company issued 11% bonds, dated January 1, with a face amount of $800,000 on January 1, 2021. The bonds sold for $739,816
sdas [7]

Answer:

unrealized gain from change in market value = $10,617

Explanation:

Bonds carrying value = $739,816

amortization of bond discount = ($739,816 x 6%) - ($800,000 x 5.5%) = $389

amortization of bond discount = ($740,205 x 6%) - ($800,000 x 5.5%) = $412

bond's carrying value = $740,205 + $412 = $740,617

unrealized gain = carrying value - market value = $740,617 - $730,000 = $10,617

8 0
3 years ago
The marginal product of an input is the addition to total output due to the addition of the last unit of an input, holding all o
Harman [31]

Answer:

is the addition to total output due to the addition of the last unit of an input, holding all other inputs constant.

Explanation:

The marginal product of an input is the change in total output as a result of the change in output by 1 unit

For example, the table below is the total product of labour

amount of labour output

1                                 10

2                                20

3                                40

the marginal product of the 3rd worker = (40 - 20) / (3 - 2) = 20

marginal product of the second worker = (20 - 10) / (2 -1 ) = 10

Average output = total output / labour

6 0
3 years ago
A business would have a positive cash flow if revenue is ___operating expenses.
garri49 [273]

I think the most appropriate answer would be "greater"

I hope it helped you!

3 0
4 years ago
The accounts used by a business can be kept on pages or cards, which are kept together in a book or file called a(n) ___________
mel-nik [20]
The accounts used by a business can be kept on pages or cards, which are kept together in a book or file called .. Ledger.
8 0
3 years ago
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