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2 years ago

what is an example of an activity that would be considered a management function for an sec audit client?

1 answer:

4 0

An example of an activity that would be considered a management function for a sec audit client is the designing of a proposal targets whereby SEC auditors are borrowing funds or issuing debt to accumulate working capital."

A management function generally involves making plans and goals about the direction of a firm.

A SEC has to deal with business operations relating to Security and Exchange Commission.

Thus, in this case, it is concluded that an example of a management function of an SEC client in the audit must relate to designing a plan that relates to SEC and the auditing process.

Learn more here: brainly.com/question/24678450

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The strategy of convincing a customer to buy a higher-priced item than he or she had originally intended is called

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It's called an upselling

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The example of an upselling is when you want to buy a cheap house, but the salesman manage to convinced you that buying another expensive house is good for your investment, and you buy the expensive one instead.

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3 years ago

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2 years ago

According to a summary of the payroll of Scotland Company, $450,000 was subject to the 6.0% social security tax and $500,000 was

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Credit to salaries payable of $364,500

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2 years ago

Malcolm has been researching reports generated by government agencies and the local chamber of commerce. What kind of research i

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Answer: Tertiary

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2 years ago

Use the following data: Down payment (to finance vehicle) $ 5,800 Down payment for lease $ 2,100 Monthly loan payment $ 810 Mont

algol13

Answer:

Ans. The total cash outflow for buying a -$34,000 vehicle is -$44,680, and for leasing the same vehicle is -$33,360

b) Based on the answers in part a), the best choice is leasing the vehicle.

Explanation:

Hi, well, we have 3 options here, 1) get a loan for a car, 2) lease that car, 3) lease and keep the car.

In order to find the cash outflow for each alternative, we have to add up all the negative cash flows, that is

Option 1 (loan)

$OutFlow=DownPayment+PMTs*Length=-5,800-38,880=-44,680$

Option 2 (just lease)

$OutFlow=DownPayment+PMTs*Length=-2,100-29,760=-31,860$

Option 3 (Lease Buying)

$OutFlow=DownPayment+PMTs*Length+FinalPMT=-2,100-29,760-1,500=-33,360$

As you can see, the lowest outflow of money is in the case you just lease the car.

The loan option is the worst one, since you pay for a $34,000 vehicle the amount of $44,680.

Best of luck.

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2 years ago

Read 2 more answers