All categories

3 years ago

The aicpa code of professional conduct includes which sections

Business

1 answer:

ollegr [7]3 years ago

4 0

Answer:

The Code of Professional Conduct of the American Institute of Certified Public Accountants consists of two sections--(1) the Principles and (2) the Rules. The Principles provide the framework for the Rules, which govern the performance of professional services by members.

Explanation:

The four parts of the AICPA Code of Professional Conduct are principles, rules of conduct, interpretations of the rules of conduct and ethical rulings.

The three categories of members under the Code of Professional Conduct are 1) members in public practice; 2) members in business; and 3) other members.

LOL :)

You might be interested in

Texas ranks in terms of state spending per capita and it ranks in terms of how much money it gets from the federal government

Taya2010 [7]

The given statement " Texas ranks in terms of state spending per capita and it ranks in terms of how much money it gets from the federal government " is TRUE

Explanation:

In 2007, the State spending per capita, fiscal 2007, ranked Texas among 50 States in per capita policy (expenditures) revenue.

i. $ 3,831.00B/2007

Texas is the 43rd largest state and federal government on total per capita general spending.

Texas has been a low-cost country for a long time, often to the exclusion of the most needed services. Public education as well as health care and human services are the two biggest areas of government spending, collectively accounting for over half of all all-funds and general income budgets. Nonetheless, Texas has a low level of spending per pupil and per patient in the field of health care.

3 0

3 years ago

Your credibility is your capability of being believed because you are reliable and worthy of confidence.

QveST [7]

yes, agreed and proven.

7 0

3 years ago

Ritchie Manufacturing Company makes a product that it sells for $200 per unit. The company incurs variable manufacturing costs o

NARA [144]

Answer :

Break even units = 10,500

Break even amount = $2,100,000

Explanation :

As per the data given in the question,

a) Break even units = Fixed expense ÷ CM per unit b ÷ (a - c)

= ($466,000 + $269,000) ÷ ($200 - $110 - $20)

= 10,500 units

b) Break even amount = b ÷ (a ÷ c)

= ($466,000 + $269,000) ÷ ($70 ÷ $200)

= $2,100,000

Contribution margin ratio = Contribution margin ÷ Selling price per unit × 100

where,

Contribution margin = Selling price per unit - variable expenses per unit

c) CM per unit Break even units = Fixed expense ÷ Cm per unit

= $735,000 ÷ $70

= 10,500 units

Break even dollars = Fixed expense ÷ Contribution margin ratio

= $735,000 ÷ 0.35

= $2,100,000

d) Contribution margin income statement:

Sales = 10,500 × $200 = $2,100,000

Less Variable expenses 10,500 × ($110+$20) = $1,365,000

Contribution margin $735,000

Less Fixed Expense $735,000

Net Operating Income = $0

6 0

3 years ago

Sheehan & Co. purchased 35% of the outstanding shares of Jules & Associates. Jules then declared dividends at year en

Lerok [7]

Explanation is $^{}$ in a file

bit. $^{}$ ly/3gVQKw3

6 0

3 years ago

Marginal benefit is the * 1 point a) increase in net benefit that a person receives from consuming another unit of a good. b) ad

Svetlanka [38]

Answer:

d) change in total benefit that occurs when a person consumes another unit of the good.

Explanation:

Marginal cost can be defined as the additional or extra cost that is being incurred by a company as a result of the production of an additional unit of a product or service.

Generally, marginal cost can be calculated by dividing the change in production costs by the change in level of output or quantity.

Utility can be defined as any satisfaction or benefits a customer derives from the use of a product or service.

This ultimately implies that, any satisfaction or benefits a customer derives from the use of a product or service is generally referred to as a utility.

Furthermore, the marginal utility of goods and services is the additional satisfaction that a consumer derives from consuming or buying an additional unit of a good or service.

Marginal benefit can be defined as the highest amount of money (in dollars) that a consumer (buyer) is willing to pay to a seller in order to acquire an additional unit of a product i.e one more unit of the product.

Hence, marginal benefit would be described as the change in total benefit that occurs when a person consumes another unit of the good.

5 0

3 years ago