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zloy xaker [14]
3 years ago
9

Which of the following inventory costing methods shown below is required by GAAP (Generally Accepted Accounting Principles) for

external financial reporting?absorption costingvariable costingthroughput costingdirect costing
Business
1 answer:
adoni [48]3 years ago
8 0

Answer: the correct answer is absorption costing.

Explanation: Absorption costing is a costing method that takes into account all costs related to manufacturing a particular product.

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Jim is doing what is<u> legally </u>right by providing this information to Samantha and Bethany.

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Answer:

This is very simple, they should start billing their clients right away.

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3 years ago
Nomination by petition is done by gathering signatures from _____.
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When the auditors express an opinion on financial statements their responsibilities extend to:
Westkost [7]

When the auditors express an opinion on financial statements their responsibilities extend to : Whether the results of their client's operating decisions are fairly presented in the financial statements.

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An auditor is a person or corporation assigned to conduct an audit by a client. To order to be an auditor, a person should have a credential or relevant credentials of the regulatory authority for accounting and auditing.

The auditor is someone who reviews financial records and checks them. They ensure consistency of financial records and correct payment of taxes. We monitor financial activities to ensure that companies operate efficiently.

A statement that somehow the auditor is liable for expressing an opinion on the audit's financial statements. Examining details of the sums and reports in the financial statements on a test basis; evaluating the accounting standards used and relevant management estimates;

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