if group auditors make no reference to component auditors whose work they have relied on as a part of the basis for their report, the group auditors decide not to make reference to the report of a component auditor that audited a portion of group financial statements.
An auditor is an individual or company hired by a company to conduct an audit of its financial statements. To practice as a certified public accountant, one must be licensed by the Auditing and Auditing Regulatory Authority or obtain specific qualifications.
The role of the auditor or evaluator is to prepare these financial statements in a professional and independent manner. An audit or audit of the association's financial statements can ensure greater accountability to members and ensure that all funds received by the organization are properly accounted for.
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Answer:
3.33
Explanation:
The fixed asset turnover is the ratio between total sales over fixed assets. It measures how the company uses its fixed assets to generate sales. A low ratio means that the company has probably over-invested in fixed assets.
Fixed asset turnover ratio = total sales / average fixed assets
Fixed asset turnover ratio = $1,000,000 / [($288,800 + $311,200) / 2] = $1,000,000 / ($600,000 / 2) = $1,000,000 / $300,000 = 3.33
Bachlor's degree is the most common level of education Video Game Designers earn
bachelor's degree
<u>Explanation:</u>
The minimum degree required to become a video game designer is a high school diploma but the common level of the education people prefer is a bachlor's degree in the designing field.
Expertise computer science, programming, gaming, designing is necessary to become a professional. Many students choose to learn the technology on their own but the most students prefer doing a Bachlor's degree in their specific field. Therefore, the correct answer is Bachlor's degree.
Answer:
The correct answer is letter "C": Agglomeration advantages stem from knowledge spillover from one firm to another.
Explanation:
In Business, Agglomeration refers to the cluster of companies in one common physical area. Agglomeration is divided into two categories: <em>urbanization economies </em>and<em> localization economies</em>. Urbanization economies refer to businesses sharing the same physical area even if they are dedicated to providing different goods or services.
Localization economies, instead, refers to firms of the same industry being located in a common location. In such a scenario, companies can take advantage of the same pool of labor and the quick spread of ideas among entities or the knowledge spillover.
