Answer:
A) $50
Explanation:
Differential cost: It is that cost which shows a difference between two alternatives choices. The benefit which comes after the exchange of alternatives would be termed as differential cost.
In mathematically,
Differential cost = Buying model - usage model
= $700 - $650
= $50
Answer: Neither A not B
Explanation:
When an accountant compiles the financial statements of a nonissuer in accordance with Statements on Standards for Accounting and Review Services (SSARS), the accountant's report should include a statement: that the accountant does not express an opinion on the financial statements.
When an independent CPA assists in preparing the financial statements of a publicly held entity but has not audited or reviewed them, the CPA should issue a disclaimer of opinion. In such situations, the CPA has no responsibility to apply any procedures beyond Documenting that internal control is not being relied on.
Answer:
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Explanation: