<span>Yes
because the AICPA standard for due care does not require CPAs to be infallible.
Since the definition of infallible means incapable of making a mistake. Which
this is not necessarily true. CPAs are capable of making mistakes and as long
as they performed their work with professional due care then they cannot be
held accountable for mistakes that may have happened. </span>
Answer:
6%
Explanation:
Data provided as per question is as given below:-
Redeemed amount = $1,000
Sale value of Bond = $687.25
Number of year = 5
The computation of interest rate is as shown below:-
Interest rate = (Redeemed amount ÷ Sale value of bond) ^ (1 ÷ Number of Year) - 1
= (1,000 ÷ 747.25) ^ (1 ÷ 5) - 1
= (1.338) ^ (0.2) - 1
= 0.06
= 6%
Answer:
A. Pure project A project manager leads personnel from different functional areas = Team members can work on several projects. Duplication of resources is minimized.
B. Functional project Personnel work on a dedicated project team = Team pride, motivation, and commitment are high.
C. Matrix project A team member reports to two bosses = The project is housed within a functional division of the firm.
Explanation:
For A answer, this kind of project management conducts the people, to work on a multitasking way, because they have to accomplish the responsibilities on their functional area as the same that they must accomplished their responsibilities on the project areas. This can minimized the resources for the project but could impact negatively on the compliment of responsibilities because is the same person for two work fronts.
For B answer, if the people can focus their efforts only in the project, that creates more interest on reach the goals efficiently than if the team were distributed on functional and projects departments
For C answer, when the project is developed in a functional division of the firm, you, as a team project member, must report to the project manager and your functional area boss.
Answer:
22 days
Explanation:
number of activities : 3 ( A,B,C)
connected via : SS and FF combination. days lag on SS and F = 2
Durations : 5,10 and 3
A and B is connected by SS and there is a 2-day lag on the SS connection, this means that B will start 2 days after A have ended
i.e when T = 0 , B will start : 5 +2 = 7 days and end in 17 days
while B and C is connected by FF and there is also a 2-day lag on the FF connection, this means that C will start after B has ended and end in 2 days
i.e when B ends at 17 days ; C starts = 17 + 2 = 19 DAYS
hence the project will end in 19 + 3 = 22 days ( i.e when C ends )
Answer:
B. Subtract both values from balance according to books.
Explanation:
There is an option below the question ask for details
The NSF and service charges are recorded in the bank statement and to balance it should be recorded in books as well. So these two items would be deducted from the books so the book balance will be got reduced
As bank reconciliation means the balance of bank and the balance of cash should be equal and balanced
