Magazine photos are not a good representation of what a healthy person looks like because they often show pictures of people who has a skinny and or people who only has built or toned body without having to discuss other factors that should be considered such as mentally or psychologically. They are mostly focused on the physical appearance.
<u>Calculation of adjusted balance for prepaid insurance at December 31, 2017:</u>
It is given that on December 31, 2017, before any year-end adjustments, Canterbury shoe repair's prepaid insurance account had a balance of $3,500. It was determined that $2,200 of the prepaid insurance had expired.
So the adjusted balance for prepaid insurance at December 31, 2017, shall be (3500-2200) = <u>$1,300</u>
The answer to the question is (C) how changing circumstances may affect the business and how the business model can be adjusted to cope with them.
Business model is defined as a model that a business uses to determine how it plans to generate revenue and in turn, profit. Another term for business model is profitability model. Thus business model risk implies risk management principles that are applied on business model contexts.
Answer:
The correct answer is B. The decrease in price causes the quantity demanded in this market to increase by 6 packs.
Explanation:
quantity demanded in this market @ $2= 3+2+1=6
quantity demanded in this market @$1.50 =4+5+3 =12
Net increase in quantity demanded is 12-6 = 6
Answer: d. A statement that the financial statements are the responsibility of the client's management
Explanation:
The new reporting standard (AS 3101) requires auditor's opinion on the financial statements to be moved to the first paragraph of the Audit report, Requires the Auditor to use section titles to identify and highlight important information, Requires an Auditor to provide a clear clarification that the audit scope includes notes to the financial statement, and also the Auditor is required to disclose the year they began serving consecutively as the company's auditors.
A statement that the financial statements are the responsibility of the client's management is NOT part of changes brought by AS 3101
