Answer: Option A
Explanation: Certified Public Accountant is an American Institute of Certified Public Accountants (AICPA) qualification for suitability in the accounting profession. The roles include financial analysis, accounting and reporting, accounting for assets, and management of treasury/cash.
Due to different rules and procedures in different states of America, the accountant must pass an examination and get license from the concerned authority if he or she wants to practice in the state as a signatory authority.
Signatory authority refers to the ability to verify audit reports of the company.
Answer:
The contribution margin ratio per composite unit for Youth:Adult:Recreational models is 25%:45%:30% .
Explanation:
The given sales mix ratio is 5:9:6 for Youth:Adult:Recreational cycle models.
The first step would be to calculate the combined contribution margin per unit =
$105 x 5 + $450 x 9 x $500 x 6 / 20
(HERE 20 IS THE TOTAL NUMBER OF UNITS)
= 525 + 4050 + 3000 / 20
= 7575 / 20
= 378.75
Now calculating the individual contribution unit of youth, adult and recreational from the total combined units -
Youth = 378.75 x 5 / 20
= 94.6875
Adult = 378.75 x 9 /20
= 170.4375
Recreational = 378.75 x 6 /20
= 113.625
Now calculating what percentage they form -
Youth = 94.6875 / 378.75 x 100
= 25%
Adult = 170.4375 / 378.75 x 100
= 45%
Recreational = 113.625 / 378.75 x 100
= 30%
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Explanation:
The answer is most likely D.
Answer:
apparent authority
Explanation:
Apparent agency or apparent authority is crated when the behavior of the apparent agent makes another party believe that they have the authority to act on behalf of another principal. E.g. when a salesperson decides to offer an explicit warranty for a certain product even if the company doesn't offer it, the warranty is valid because the salesperson had apparent authority to do so.