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iren [92.7K]
2 years ago
7

A basic objective of a CPA firm is to provide professional services that conform with professional standards. Reasonable assuran

ce of achieving this basic objective is provided through: Group of answer choices Compliance with generally accepted reporting standards. A system of quality control. A system of peer review. Continuing professional education.
Business
1 answer:
Vsevolod [243]2 years ago
6 0

It should be noted that basic objective of a CPA firm is to provide professional services, and this is done by system of quality control.

With the establishment of quality control policies as well as procedure, reasonable assurance can be provided.

<h3>What are objective of a CPA firm?</h3>

The objective of a CPA firm is to be in control of the system and regulate the system activities.

objective of a CPA firm at;

brainly.com/question/14175988

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The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 60,000 shares were origina
ruslelena [56]

Answer:

55,000 shares

Explanation:

Given that

60000 shares were originally given

5000 were subsequently reacquired

Thus. Net number of shares issued

= number of shares originally issued - number subsequently reacquired

= 60000 - 5000

= 55,000

Number of outstanding shares therefore is 55,000.

NOTE that, outstanding shares refer to the number of shares that has been issued, purchase or authorized by investors, that is, the number of shares currently held by all is shareholders.

3 0
3 years ago
Although people across generations tend to have different experiences and develop different tastes, they tend to share important
Snowcat [4.5K]

Answer:

The correct answer is letter "B": honesty.

Explanation:

Honesty is the ethical value by which people always tell the truth even in difficult situations. Different experiences can lead to people being mistrustful which sometimes makes them distant. Fortunately, everybody is not the same. Thus, it is better to get to know others to find out how they are. Honesty is an important factor driving relationships moreover with people we recently met.

7 0
3 years ago
as consumer demand for new cars increases, tire makers and steel and aluminum suppliers may experience an increase in demand for
Archy [21]

The increase in demand for tire makers, steel and aluminium suppliers is an example of derived demand.

Derived demand is the demand for a good or service as a result of an increase in the demand for another good or service. Labour and raw materials usually have a derived demand.

As the demand for new cars increase, car makers would want to produce more cars in order to meet the increased demand. This would lead to an increase in the raw materials and labour that is needed to make more cars. On the other hand, if there is a decrease in the demand for new cars, there would also be a decrease in the demand for the raw materials and labour that is needed to make more cars.

A similar question was answered here: brainly.com/question/14010943?referrer=searchResults

8 0
3 years ago
Why is it important to note the exact variety of fresh produce desired, instead of merely noting the type of item needed
V125BC [204]

Answer and Explanation:

There are various reasons to make it significant which are as follows

1. As there are many different varieties are provided in the fresh produce which enables the several options for the manufacturer

2. Now if the items that are on the demanded are to be noted down so this indicates that these are only supplied no innovation is there

3. As it deals in different varieties so there are chances of high varieties in the same kind of product

4. The customer same demand could be met out by providing varieties of products

5. Also if the company offered varieties in the products that attract the customer and the demand could rise

6. With the help pf noting down the company could maximize its sales that result in maximize in its profits

5 0
3 years ago
if estimated land value is 225,000 total net operating income is 85,000 and interest on the estimated land value is 14% per year
marishachu [46]

Answer:

Residual income is $53,500

Explanation:

To compute residual income, we have to find first the required minimum return by multiplying the value of an asset by the rate of return. Afterwards, we will deduct the minimum rate of return from the total net operating income of the period.

Residual income = net operating income - (minimum rate of return x value of an asset)

• = $85,000 - ( 14% x $225,000 )

• = $85,000 - $31,500

• = $53,500 (answer)

7 0
3 years ago
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