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ruslelena [56]
3 years ago
13

An audit of historical financial statements most commonly includes the Group of answer choices income statement, the statement o

f cash flows, and the statement of net working capital. balance sheet, statement of retained earnings, and the statement of cash flows. balance sheet, income statement, statement of cash flows, and the statement of changes in stockholders' equity. statement of cash flows, balance sheet, and the statement of retained earnings.
Business
1 answer:
Advocard [28]3 years ago
6 0

Answer:

balance sheet, income statement, statement of cash flows, and the statement of changes in stockholders' equity.

Explanation:

Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP). Examples of financial statements includes Balance sheet, cash-flow and income statement.

Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.

An auditor refers to an authorized individual who review, examine and verify the authenticity and accuracy of business financial records or transactions.

Thus, an audit of historical financial statements most commonly includes the balance sheet, income statement, statement of cash flows, and the statement of changes in stockholders' equity.

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When did high school education<br><br> become more widespread in the<br><br> United States?
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In 1821, Boston started the first public high school in the United States. By the close of the 19th century, public secondary schools began to outnumber.
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Financial risk applies to both the additional variability in earnings available to common shareholders and the additional chance
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A, This is true for Financial risk
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2 years ago
The goal of expansionary fiscal policy with respect to output is to: Multiple Choice increase spending and shift aggregate deman
soldier1979 [14.2K]

Answer:

Increase spending and shift aggregate demand to the right in an effort to reach full employment output.

Explanation:

The goal of expansionary fiscal policy with respect to output is to reduce the problem of unemployment. In order to let this work, the government must increase its spending or Decrease the tax rate. This will make the Aggregate Demand Curve to the right which is a proof of increasing real Gross Domestic Product (GDP) as well as gradual reduction of unemployment.

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3 years ago
Drag the tiles to the correct boxes to complete the pairs. Match the types of agreements to their descriptions.
bagirrra123 [75]

Answer:

A will has legal impact after you have passes away and has to be filed with the court.

A living will is similar to a regular will be takes effect while you are still alive to figure out where your assets should be placed.

A trust is an agreement that allows a third party to hold the assets on behalf of a beneficiary.

A prenuptial agreement is an agreement made before a marriage that explains what should happen to their assets in the event their marriage does not last. This is common in famous people due to the amount of money they have.

Explanation:

5 0
3 years ago
Gourmet Aroma Coffee House has an exclusive contract with Columbia exporters. Two brands of gourmet coffee are imported, Morning
Marina86 [1]

Answer:

$24,160 favorable

Explanation:

The computation of the total contribution margin sales volume variance is given below:

The Budgeted contribution margin per pound of MT is

= $40 - $20

= $20 per pound

Now the budgeted contribution margin per pound of ET is

= $60 - $30

= $24  per pound

MT's contribution margin sales volume variance is

= (Actual sales quantity - Budgeted sales quantity) × Budgeted contribution margin per pound

= (3960 - 4000) × $20

= $800 Unfavorable

ET's contribution margin sales volume variance is

= (Actual sales quantity - Budgeted sales quantity) × Budgeted contribution margin per pound

= (5,040 - 4000) × $24

= $24,960 favorable

Now the total contribution margin sales volume is

= $800 unfavorable + $24,960 favorable

= $24,160 favorable

8 0
2 years ago
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