<u>Answer:</u>
1. Typical tools for collecting factual information in order to create unofficial reports are written content, company records and online resources.
2. The very first move in writing the report is to recognize the problem. The report should contain the ways to diagnose the problem.
3. Many organizations utilize these informal reports for their internal use.
4. Representatives, in many associations, make and utilize casual reports. Practically all informal stories are for interior use. A few establishments have endorsed arrangements, and others don't.
5. Informal reports might be conveyed in an assortment of configurations, including letters, reminders, messages, and advanced postings (for example, a blog).
6. While your conveyance strategy may affect the setting of your report, the composition and reason will remain the equivalent.
Answer:
The options are given below:
A. An unqualified report.
B. An adverse report.
C. A disclaimer of opinion.
D. An exculpatory opinion.
The correct option is C.
Explanation:
A disclaimer of opinion is issued by an auditor in the event that the he/she is unable to complete the audit report due to an absence of financial records or when there is a lack of cooperation from management. What this signifies is that no opinion over the financial statements was able to be determined. A disclaimer of opinion is not an opinion itself.
Also, a disclaimer of opinion can be due to the fact that the client placed a restriction on the scope of the examination to such an extent that the auditor was not able to form an opinion.
Answer:
D. $210 million
Explanation:
Data given
Decrease in deferred tax assets = $30
Increase in deferred tax liabilities = $60
Taxable income = $300
Tax rate = 40%
The computation of total income tax expense is given below:-
Income tax Payable = $300 × 40%
= $120
Total income tax expenses = Income tax Payable + Decrease in deferred tax assets + Increase in deferred tax liabilities
= $120 + $30 million + $60 million
= $210 million
So, for computing the total income tax expense we simply applied the above formula.
Answer:
net income: $ 451,010
EPS: $ 6.32 per share
Explanation:
net sales 2,409,200
cost of good sold (1,464,600)
gross profit: 944,600
operating expenses:
selling expenses (284,000)
operating income 660,600
non operating:
interest revenue 38,100
interest expense (54,400)
non operating expense (16,300)
earning before taxes: 644,300
tax expense: 30% 193,260
net income 451,010
shares outstanding 71,390
Earning per share: 451,010/71,390 = 6,31755
She knows that her service is PERISHABLE, meaning if no one stays in the room, it generates no revenue that evening.
Perishable services refers to those services whose capacity can not be stored for sale in the future. One characteristic that is common to perishable services is that the system of the services are usually assigned for delivery during a specific period of time.