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Aloiza [94]
2 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]2 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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32. What is a predatory financial service?
Tresset [83]
<h2>Answer:</h2>

<h3>Predatory lending typically refers to lending practices that impose unfair,selective, or abusive loan term on borrowers.</h3>

<h2>Explanation:</h2>

<h3>Hope It's Help</h3>

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8 0
2 years ago
The brenda one is the question thank youuu:)
Ivenika [448]

Answer:

C. y = 11000(1.086)^7

Explanation:

Given the following data;

Principal = $11,000

Interest rate = 8.6% = 8.6/100 = 0.086

Time = 7 years

To derive a mathematical expression, we would use the compound interest formula;

A = P(1 + \frac{r}{100})^{t}

Where;

A is the future value.

P is the principal or starting amount.

r is annual interest rate.

t is the number of years for the compound interest.

Substituting into the formula, we have;

A = 11000*(1 + \frac{8.6}{100})^{7

A = 11000*(1 + 0.086)^{7

A = 11000*(1.086)^{7

A = 11000*1.78

A = $19,580

7 0
3 years ago
The results for conventional and activity-based costing (ABC) computations will be the same as long as: a.the levels of activity
aniked [119]

Answer:

d.the levels of activity for non-unit based cost drivers remain the same.

Explanation:

In the case of conventional and activity based costing calculations,  the output should be similar to the activity levels that belong to the non-unit in which the cost driver should remain the same

Thus as per the given scenario, the option d is correct

And, the rest of the options seems incorrect

4 0
3 years ago
What is Depreciating assets
schepotkina [342]
Depreciating Assets could be anything you own that is losing its value.  It could be in the form of stocks, valuables, a car, a house.
8 0
3 years ago
Read 2 more answers
Which of the following will require a recalculation of weighted-average shares outstanding for all years presented?
FromTheMoon [43]

Answer:

The correct option is A, stock dividends and stock splits

Explanation:

Stock dividends refers to paying dividends by issuing more shares to shareholders instead of paying in cash which may  be required to fund investment projects,since it increases the number of shares overall, it requires  re-computation of weighted average number of shares.

Stock splits means splitting the current number of shares into multiples in order to reduce the price per share making it affordable to investors,hence the number of weighted average shares is also impacted.

8 0
3 years ago
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