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Step2247 [10]
3 years ago
14

Why is auditor important​

Business
2 answers:
-Dominant- [34]3 years ago
7 0

Answer:

Auditors provide assurance of an organization's financial statements from an objective and independent opinion. It benifets the company by maintaining consistency, finding errors in their processing, or detecting fraud.

Dvinal [7]3 years ago
7 0
Auditors are important because it provides assurance to investors and creditors that company funds are handled appropriately. Auditors protect the public from investing in companies that use corrupt business practices or that attempt to defraud investors with false financial statements.
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kati45 [8]

Answer:

Comprehensive resource management

Explanation:

In this case, the Nims management characteristic that best fits the issue described is Comprehensive Resource Management. This characteristic sets standards that help identify key requirements for tracking, mobilizing, soliciting, and allocating resources from personnel, teams, equipment, supplies, and whatever else is needed to assist with an incident.

3 0
3 years ago
A balance sheet has total assets of $1,664, fixed assets of $1,156, long-term debt of $614, and short-term debt of $191. What is
Lorico [155]

Answer:

Total assets $1664 - fixed assets of $1,156 = $508

Assets $508 - Short term debt $191 = $317

Net working capital = $317

Explanation: Working capital is the difference in operating current assets less operating current liabilities. This difference is based on the fact that the company's operating activities are sufficient to cover the commitments acquired to fund these activities.

4 0
3 years ago
Garcia Industries has sales of $176,500 and accounts receivable of $18,500. The industry average DSO is 27 days, based on a 365-
Brilliant_brown [7]

Answer: 176,500 = 372,879

Explanation:

5 0
3 years ago
Making a prediction today about the​ world's population in twenty years based on current growth trends is an example of ▼ normat
iragen [17]

Answer: Positive, Normative

Explanation: Positive economics is based on facts and objects that can be verified. While, normative economics is based on value based judgement that are difficult to verify.

Making a prediction today about the​ world's population in twenty years <em>based on current growth trends</em> is an example of <em>positive economics</em>.

<em>Advising</em> the residents of a town to choose a toll road over a freeway extension due to a limited budget and high trucking usage is an example of <em>normative economics</em>.


6 0
3 years ago
Using the information provided about marketing and advertising law, determine which of the following would be a violation of thi
Vlad1618 [11]

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Publishing a sale price for an item that is not available

Explanation:

This will be misleading to the market and will break the law as the company must provide promotions for products that are available only

3 0
3 years ago
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