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lisov135 [29]
2 years ago
5

Which of the following situations would not result in auditors adding an emphasis-of-matter paragraph or section to their report

without modifying the remainder of the report? Multiple Choice Reference to a departure from GAAP that is material, but not pervasive, to the financial statements. Reference to a going-concern uncertainty facing the entity. Reference to a change in the method of accounting mandated by the issuance of a new accounting standard. Reference to an acquisition made by the entity during the most recent fiscal year.
Business
1 answer:
Alexxandr [17]2 years ago
8 0

Answer: Reference to a departure from GAAP that is material, but not pervasive, to the financial statements.

Explanation:

Based on the information given, the situation which would not result in the auditors adding an additional paragraph to their report without the modification of the introductory, the scope, or the opinion paragraphs of the report is option A "Reference to a departure from GAAP that is material, but not pervasive, to the financial statements".

Other options are incorrect. Therefore, the correct option is A

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Fraudsters typically try to justify their behavior by telling themselves that they intend to repay the amount stolen or that the
Burka [1]

Answer: Rationalization

Explanation:

In discipline such as logic and psychology, rationalization which is also referred to as making excuses as defense mechanism under which they tend to explain their controversial feelings and behaviors. They tend to justify and explain them in a way which is considered to be seemingly logical or rational. This is done in order to avoid true description and explanation and thus are made into consciously tolerable or admirable by the plausible means.

4 0
2 years ago
How does advertising affect demand? ( with example )
motikmotik

Answer:

Advertising increases aggregate demand

Explanation:

If a store is selling some candy, no-one will know about the candy if they aren't told. If a child sees an advert about that candy and gets interested, he/she would beg their parents to get it for them. If 80 out of a population of 100 children see the advert and half of the them are allowed to buy the candy, the demand for that candy has already risen by nearly 50% of the children in that area.

7 0
2 years ago
The deal your assistant signs calls for the sale of a minimum of260 chairs and up to 450 chairs. The price will be $91 per chair
sattari [20]

Answer:

a. Revenue = $23,660

b. Revenue = $40,837.50

Explanation:

a) Data and Calculations:

Minimum number of chairs to be sold under the deal = 260

Price at minimum number of chairs (260) = $91

Maximum number of chairs to be sold under the deal = 450

Discount offered for quantity above 260 = $0.25 per chair on the entire order

Price at maximum number (or just above 260 chairs) = $90.75 ($91 - $0.25)

Minimum revenue to be made under this deal = $23,660 (260 * $91)

Maximum revenue to be made under this deal = $40,837.50 (450 * $90.75)

6 0
3 years ago
Which of the following would count as a SMART (specific, measurable, attainable, realistic, and timely) goal for a 21-year-old r
Sergeeva-Olga [200]

<u>Note:</u>

<u>I was unable to find the complete question. The only thing I accessed successfully was the solution of the question.</u>

Answer:

Reduce student loan balances by $12,000 within 5 years by making extra payments of $200 each month.

Explanation:

The reason is that the reduction in the student loan is:

Specific as it addresses about the solution of the plan which in this case is paying extra $200 each month.

Measurable as the student loan reduction is by $12,000, time duration and the extra payment is also measurable.

Attainable as the each month extra payment of $200 is not large amount.

Realistic as the reduction by $12,000 is computed on appropriate grounds ($200 per month * 12 month * 5 years).

Timely as the achievement duration of the goal set is 5 years.

Hence the goal is SMART.

3 0
3 years ago
Any comparison of the advantages of one family structure over another depends partly on the parents and partly on the:
sergey [27]
The comparison will depend partly on the parents and partly on the CULTURE IN WHICH THE FAMILY LIVES. A child economic and social well being depends on a number of diverse factors, one of these is family structure. When comparing the economic wellness of children from different family structure, the culture in which the families live is also a significant factor which must also be considered.
6 0
3 years ago
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