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Aloiza [94]
3 years ago
8

48. What does management say they are doing to assure the public that the financial information is reliable

Business
1 answer:
WARRIOR [948]3 years ago
6 0

Answer:

Management of a company is responsible for integrity and objectivity of financial statements. It is management's responsibility to comply with all applicable accounting standards while preparing financial statements.

Explanation:

There should be strict internal controls in a company. A company management is responsible to comply with all laws, and prepare financial standards free from errors. There should be no window dressing and information presented should be reliable. A company management is also responsible to maintain effective internal control system.

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The average wholesale price a company is charging camera retailers for its models is deemed to be competitive with the average w
svp [43]

Their average wholesale price can be said to be competitive if it is below the all-company average wholesale price in that geographic region.

<h3>When is a price considered competitive?</h3>
  • It means that the price is better than others in the market for a certain good or services.
  • It is lower than the average price offered by other sellers.

The company is therefore charging a lower than average price which is why it is competitive with others because they will be forced to lower prices to maintain sales.

In conclusion, option A is correct.

Find out more on markets that allow competitive pricing at brainly.com/question/24877850.

7 0
2 years ago
You earn a salary of $52,000 per year and get paid biweekly. Calculate
Andru [333]

Answer:

$2,166.60

Explanation:

Divide the salary by 12 months that are in a year, then divide my 2 because bi-weekly is every 2 weeks.

6 0
3 years ago
During the year, Mark reports $90,000 of active business income from his law practice. He also owns two passive activities. From
andrezito [222]

Answer:

b. $90,000 with a $10,000 loss carryover

Explanation:

Given that

Active business income = $90,000

From Activity A, the income earns = $20,000

From Activity B, the loss incurs = $30,000

So by considering the above information, the Adjusted gross income should be

The $90,000 should be recorded

Plus, the $10,000 loss should also be carryover

The $10,000 loss is come from

= $20,000 - $30,000

= -$10,000

8 0
3 years ago
What three colors are used to create the color white on a tv or computer screen?
vivado [14]
Red yellow and blue because when they are all moved at a high speed they combine to make white
8 0
4 years ago
Read 2 more answers
For beginning real-estate investors what are some advantages of REITs rather than direct purchase of property?
amid [387]
REITs keep you liquid and may be more cost efficient. Entering in a REIT also costs lower, and an individual can invest in a fund for less than 1,000 USD. It's kind of like buying into a stock too, in a sense that you can sell your REIT shares at your leisure. 

On one hand, direct real estate investment gives you more power over your finances as there is no fund manager - you are the one in charge and you decide who can rent and live in your property. Some say that investment returns are also bigger should you go for direct real estate. However, it should be noted that you're putting in a bigger amount (roughly upwards 100,000 USD - which few people may be ready to shell out) just to get started on direct property investment versus about USD 1,000 into REIT. 

At the end of the day, it's up to the investor to decide what sort of risk you're comfortable with. 
3 0
3 years ago
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