Answer:
d.$5,500.
Explanation:
The computation of the deductible expense is shown below:
= Airfare + lodging + 50% of meals
= $3,000 + $2,000 + 50% of $1,000
= $3,000 + $2,000 + $500
= $5,500
hence, the deductible expense is $5,500
Here we take 100% of airfare & lodging but we took 50% for the meals
hence, the option d is correct
Answer:
The correct answer is letter "A": the five forces framework.
Explanation:
Porter's Five (5) Forces is an analysis scheme created by American economist Michael E. Porter (<em>born in 1947</em>). The ultimate goal of this analysis is to help managers set their expectations of profitability because as competition increases, profitability decreases. Three of the five forces relate to those involved in the industry. The other two apply to the suppliers, the vertical participants, and consumers.
Answer:
the price will grow to $ 507,571.77 If it continues with the same grow rate
Explanation:
first we solve for the rate:
2006 - 1895 = 111 years
![Nominal (1+r)^{n} = FV\\150 (1+r)^{111} = 70,000\\\\r = \sqrt[111]{70,000 / 150 } -1](https://tex.z-dn.net/?f=Nominal%20%281%2Br%29%5E%7Bn%7D%20%3D%20FV%5C%5C150%20%281%2Br%29%5E%7B111%7D%20%3D%2070%2C000%5C%5C%5C%5Cr%20%3D%20%5Csqrt%5B111%5D%7B70%2C000%20%2F%20150%20%7D%20-1)
r = 0.06
Now we apply this rate for the year 2040:
2040 - 2006 = 34 years
Principal 70,000.00
time 34.00
rate 0.06000
Amount 507,571.77
Answer:
First of all, an auditor must be skeptical about the information that he/she is gathering and analyzing. They should try to get as much audit evidence as they can in order to form an opinion. But an auditor can also reasonably assure that there are no material misstatements, either intentional or not intentional.
Most auditor procedures are intended to discover unintentional misstatements, but intentional misstatements are very hard to discover because more than one individual (or even a very large group) might have colluded in order to conceal them. The auditor gets his information from the controller, internal auditor, and other people within the organization, but what if they all colluded in order to conceal their bad actions.
E.g. an auditor should check for shipping receipts to be complete, accurate and in order, but he/she relies on information given by the same people that he/she is evaluating. The auditor can conclude that the shipping reports are complete, but he/she cannot state that they are true and valid because he/she wasn't there.
Answer:
utilitarian perspective
Explanation:
In simple words, utilitarian approach refers to a method for making decisions in case of ethical dilemmas. Under this approach, the decision making authority makes judgement by focusing on the greater good, that is, making judgement that benefits the most of the individuals and harm the least.
This theory states that every party's interest should be taken into consideration equally as every related individual to the judgement is capable of suffering . However this approach is used when it is not possible to benefit all the stakeholders equally.
