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DanielleElmas [232]
3 years ago
15

Which of the following is a correct statement? Group of answer choices Risk is a measure of magnitude or size. There is no relat

ionship between materiality and risk in auditing. The combination of performance materiality and the audit risk model factors determines planned audit evidence. Performance materiality is part of the audit risk model.
Business
1 answer:
olganol [36]3 years ago
4 0

Answer:

The combination of performance materiality and the audit risk model factors determines planned audit evidence.

Explanation:

You might be interested in
Which results are more likely for someone without personal finance skills? Select three options.
KiRa [710]

Answer:

larger long-term credit or loan costs

less preparation for emergencies

increased long-term challenges

Explanation:

Personal finance involves planning and managing individual or family financial activities such as income generation, saving, spending, insurance, and investments. The process of managing personal finance is through budgeting and the development of a  financial plan.

Personal finance can be done by oneself or with the help of a personal financial manager. The objective is to help one meet both their short term and long term financial goals. Personal finance planning assists one meet expected future expenditures such as retirement while preparing them for unforeseen emergencies.

4 0
3 years ago
Read 2 more answers
A homeowner has $80,000 of principal left to pay on her mortgage. Her home has just been appraised at $156,000, which is $13,000
abruzzese [7]

Answer:

$76,000

Explanation:

Data provided in the question:

Principal amount left to pay on mortgage = $80,000

Appraised value of the home = $156,000

Now,

The equity she is having in her home in her home will be

= Appraised value of the home - Principal amount left to pay on mortgage

or

The equity she is having in her home in her home = $156,000 - $80,000

or

The equity she is having in her home in her home = $76,000

7 0
3 years ago
You have a client who needs a QuickBooks Online solution that includes tracking for sales and sales tax.
jasenka [17]

Answer:

Any subscription level, including QuickBooks Self-Employed

Explanation:

The question is incomplete, and it also has the answer itself

Refer the complete question below:

You have a client who needs a QuickBooks Online solution that includes tracking for sales and sales tax. Which subscription level in QuickBooks Online would you recommend?

3 0
3 years ago
On September 15, 2021, the Scottie Company board of directors declared a 8% stock dividend on common shares. The shares are to b
iren [92.7K]

Answer:

Date         General Journal                             Debit           Credit

Sept 15     Stock dividend                           $2,342,400

                 (1,200,000*8%*24.4)

                         Common Stock dividend distributable    $480,000

                          (1,200,000*8%*5)

                          Paid in capital in excess of par-              $1,862,400

                          Common Stock

Oct 1         No Journal entry

Oct 10       Common Stock dividend             $480,000

                 distributable  

                           Common Stock                                          $480,000

3 0
3 years ago
U.S. plane manufacturer McDonnell-Douglas has authorized Mitsubishi Heavy Industries, a Japanese company, to use its trademarks,
Hoochie [10]

Answer:

Contract Manufactring

Explanation:

From the question, about U.S. plane manufacturer McDonnell-Douglas who has authorized Mitsubishi Heavy Industries, a Japanese company, to use its trademarks, patents, and other proprietary knowledge to manufacture F-15 fighter planes. Mitsubishi Heavy Industries pays McDonnell-Douglas. In this case, This is an example of Contract Manufacturing. Contract manufacturing can be regarded as the way of outsourcing of parts that are needed during the process of manufacturing of a particular product when relating with third party.

4 0
3 years ago
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