Answer:
Make someone else director
Explanation:
I would be too lazy to do that. ;)
Answer:
c. Debit supplies $100 & Credit Account payable $100
Explanation:
Preparation of Journal entry for for a $100 purchase of supplies on credit
Since we were told that the amount of $100 purchased of supplies was made on credit which means that the correct entry will be :
Dr Supplies 100
Cr Account payable 100
Answer: d. A statement that the financial statements are the responsibility of the client's management
Explanation:
The new reporting standard (AS 3101) requires auditor's opinion on the financial statements to be moved to the first paragraph of the Audit report, Requires the Auditor to use section titles to identify and highlight important information, Requires an Auditor to provide a clear clarification that the audit scope includes notes to the financial statement, and also the Auditor is required to disclose the year they began serving consecutively as the company's auditors.
A statement that the financial statements are the responsibility of the client's management is NOT part of changes brought by AS 3101
Answer:
c. The European Parliament
Explanation:
The European Council is a collective body that defines the European Union's overall political direction and priorities.
The European Commission is the executive branch of the European Union, responsible for proposing legislation, implementing decisions, upholding the EU treaties and managing the day-to-day business of the EU.
The European Parliament (EP) is the legislative branch of the European Union.
Based on the defined roles of the different bodies of the EU, in order for France, Belgium and Finland to resolve their concerns which is a legal matter, their representatives will approach the legislative body of the EU to discuss their concerns with other EU members. This legislative body is the European Parliament.
