Answer:
1. Under the Securities Act of 1933, initial purchasers of securities may sue the auditors for misleading audited financial statements and need not prove that they relied on the financial statements. The burden of proof is on the auditors to prove that they were <u>relied</u> in the performance of their work.
2. When CPAs are associated with <u>unaudited financial statements
</u>
, a possibility exists that the client may misinterpret the extent of the CPAs' services and believe that the accountants are acting as auditors.
3. A document including audited financial statements that must be filed with the SEC by any company intending to sell its securities to the public through the mails or interstate commerce is called a <u>Form S-1.</u>
4. When damage to another is directly attributable to a wrongdoer's act, <u>proximate cause</u> is said to exist.
5. An <u>engagement letter</u> is the written contract summarizing the relationship between the auditors and the client.
<h2>Two places in model 1 property listed </h2>
<u>Atomic Radius:</u> is a chemical factor that measures the core of the nucleus from the outside shell of the electron. After the frame is not a well-defined physical substance, there are many non-equivalent descriptions of atomic radius.
<u>Ionization Energy:</u> is qualitatively determined as the least quantity of energy needed to extract the common loosely confined electron, the valence electron, of an isolated neutral volatile atom, molecule or ion.
It is further effective to predict features based on courses and marking up the attributes of the individual component. Predicted conditions based on courses are close to original purposes.
Economic order quantity: sqrt( (2 x annual
Sales x ordering cost)/ carrying cost)
EOQ = sqrt(2x117106x4.14)/2.82)
EOQ = 586.38
Optimal average in inventory = EOQ/2
Inventory = 586.38/2 = 293.19
Round up:
Answer: 294 units
The answer to this question is an example of geographic
segmentation. Geographic segmentation is dividing the market or consumers
depending on the location or geography. This kind of marketing strategy is
often used by small businesses Geographic segmentation is segmenting the market
thru cities, country, and regions.
Answer:
Option B, Reduce average costs, is the right answer.
Explanation:
Option B is correct because if there is an increasing return to scale that means the firm is using additional inputs and the use of these inputs increases the output in greater proportionate than the proportionate increase in inputs. Moreover, the output of the company will increase. Consequently, the total cost will also increase but the average cost of production will fall.
