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Serggg [28]
3 years ago
11

The attest function: Multiple Choice Is an essential part of every engagement by the CPA, whether performing auditing, tax work,

or other services. Includes the preparation of a report of the CPA's findings. Requires a consideration of internal control. Requires a complete review of all transactions during the period under examination.
Business
1 answer:
sineoko [7]3 years ago
8 0

Answer:

Includes the preparation of a report of the CPA's findings.

Explanation:

The attest function represent the main role of the CPA. It is basically a CPA review of the company financial statement and it involved the preparation of the report i.e. written with regard to the CPA findings. It examines all the types of data that is used in the audit also the audit report i.e. finished.

So as per the given options, the option b is correct

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​Craig's Craft Beer structures its company in such a way to encourage its most profitable older customers to remain loyal while
DedPeter [7]

Answer: Customer Equity.

Explanation:

Craig's Craft Beer company is building their customer equity, as they seek to maintain current customers and increase customer base. Customer Equity is the total value a business company benefits from all their customers, during their period of active patronage.

7 0
4 years ago
PDQ Repairs has 200 auto-maintenance service outlets nationwide. It performs primarily two lines of service: oil changes and bra
KengaRu [80]

Answer:

<em><u>For Break Even Point</u></em>

Oil Change:    $ 210,000

Brake repair:  $   90,000

<em><u>For target profit</u></em>

Oil Change:    $ 350,000

Brake repair:   $ 150,000

Explanation:

Now, we solve for

the target mix:

sales weight times contribution ratio

0.70 x 0.20 + 0.30 x 0.4 = 0.26

Now we solve the break even point for each service outlet:

\frac{Fixed\:Cost}{Contribution \:Margin \:Ratio} = Break\: Even\: Point_{dollars}

Oil Change: 78,000 / 0.26 = 300,000 sales revenue

we multiply by the weight to know eahc type of serivce sales revenue

Oil Change:   $ 300,000 x 0.7 = $ 210,000

Brake repair:  $ 300,000 x 0.3 = $  90,000

Now we solve for target profit:

(78,000 + 52,000) / 0.26 = 500,000

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Brake repair:  $ 500,000 x 0.3 = $ 150,000

6 0
3 years ago
12. Which one of the following words is a verb?
Mekhanik [1.2K]
Manufacture is a verb. However is an adverb, cruel is an adjective, and maintenance is a noun
4 0
3 years ago
Wendell’s Donut Shoppe is investigating the purchase of a new $47,300 donut-making machine. The new machine would permit the com
UNO [17]

Answer:

COnsider the following calculations

Explanation:

1.  $

Annual Savings in Part-time help 6300

Added Contribution Margin from expanded sales 2600x1.50 3900

Annual Cash Inflows 10200

2.

NPV @ 5%

= Present Value of Cash inflows - Present Value of Cash outlfows

= [10200x 5.076] - 47300

= $4475

NPV @ 10%

= Present Value of Cash inflows - Present Value of Cash outlfows

= [10200x4.355] - 47300

= -$2779

Internal Rate of Return = Lower Rate + [Lower rate NPV/ (Lower rate NPV - Higher rate NPV] x Difference in rates

= 5 + [4475 / (4475+2779)] x 5

= 8%

3. NPV @ 5%

= Present Value of Cash inflows - Present Value of Cash outlfows

= [(10200x 4.355) + (12000x0.564)] - 47300

= $3889

NPV @ 15%

= [(10200x 3.784) + (12000x0.432)] - 47300

= -$3519

Internal Rate of Return = Lower Rate + [Lower rate NPV/ (Lower rate NPV - Higher rate NPV] x Difference in rates

= 10 + [3889 / (3889+3519)] x 5

= 13%

4 0
3 years ago
What is the main advantage of an electronic database
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Advantages<span> of EDP. </span>Electronic<span> Data Processing (EDP) is the digital management of </span>databases<span>, typically stored on a shared server and allow simultaneous access to all parties. There are several distinct </span>advantages<span> to employing EDP: Speed</span>
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4 years ago
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