Answer:
The auditor is entitled to collect the audit fee and is not liable for $90 000.
Explanation:
Ace & King did their job in a competent way, the fact that the company's controller was doing something illegal is not their responsibility. External auditors work with the information that is given to them and their job is limited to analyzing them and making their conclusions about them.
In this case, the controller was the person responsible for giving the information to the auditing company, so he had the chance to direct their conclusions. An external auditor is not responsible for what happens inside a firm, and if someone steals money or assets, he/she is responsible for it.
Answer:
standardization
Explanation:
Standardization marketing strategy can be regarded as strategy that use in making a market to be a solution having uniform consistency throughout particular marketing mix. It is the
marketing of products and keeping a uniform image of the product among the varying markets. It should be noted that If an organization sets the marketing objective of maintaining uniformity and strong centralized control over its marketing activities and products, then the organization is choosing standardization strategy
Answer:
32.03%
Explanation:
Data provided as per the question
Net operating income = $42,930
Average operating assets = $134,000
The computation of return on investment (ROI) is shown below:-
Return on investment =net operating income ÷ average operating assets
$42,930 ÷ $134,000
= 32.03%
Therefore for computing the return on investment we simply divide average operating assets by net operating income.
Answer:
<em>The question option are:</em>
<em>1. For the current quarter what is the economy's income?
</em>
<em>2. For the current quarter, what is the economy's expenditure?
</em>
<em>3. In an economy, how are income and expenditure related?</em>
1. The economy's income for the current year is $450 because there is only one transaction that take place in the year worth of $450
2. The economy's expenditure of the current year is $450 because each transaction has two side. One is the Income, the other is Expenditure. The income is converted to expenditure.
3. In an economy, income and expenditure are related and they are equal. Each transaction has two side. One is the Income, the other is Expenditure. The income is converted to expenditure.