when supplementary information (si) is presented separately from the audited financial statements, how should the auditor’s report on si be presented?

Answers

Answer 1

When reporting separately, in addition to the information already given, the date of the report, the type of opinion provided on the financial statements, and any report changes should all be indicated.

Can auditor's report on supplemental information?

Unless otherwise required by regulatory requirements, the auditor may either release a separate report on the supplemental information or include the report on the supplemental information in the auditor's report on the financial statements.

What is required to be reported as required supplementary information(RSI) ?

A authorized accounting standard-setter (such as the FASB or GASB) may specify additional information that must be included in addition to the basic financial statements as required supplemental information (RSI). The fundamental financial statements don't include RSI.

What do you mean by supplementary audit?

The scope of the Comptroller and Auditor General's supplementary audit of the annual accounts of a Government company and any other company shall include an examination of particular accounting records and a review of the audit report of the statutory auditor, including his opinion on the annual accounts.

Learn more about supplementary audit visit :

https://brainly.com/question/14652228

#SPJ4


Related Questions

Which structure is the following true for? ______ have a calling mechanism involving the EIP. Both Macros and Procedures .
Neither macros nor procedures
Marcos
Procedures

Answers

The EIP is used as the calling mechanism for procedures. D is the correct response.

Describe what is EIP and ESP?

The instruction pointer is called EIP. The first byte of the following instruction to be executed is where it points to (holds the address of). The stack pointer is ESP. The most recently pushed value on the stack is where it points to (has the address of). These are typical registers used in architecture.

What does EIP have to offer?

The address of the instruction the kernel was carrying out when the panic occurred is the EIP value. Join the register values for the Instruction Pointer (eip register) and the Code Segment (cs register) as a pair of numbers, separated by a colon, without the leading zeros, to determine the EIP value.

To know more about Extended Instruction Pointer visit: https://brainly.com/question/29670364

#SPJ4

You buy 45 shares of evu confectioners at $63.12 apiece. unfortunately, the company falls on hard times and you end up selling the stock for $41.20 per share. how much money did you lose? a. $1,854.00 b. $986.40 c. $1,183.68 d. $2,840.40 please select the best answer from the choices provided a b c d

Answers

The money lost due to a hard time of the stock for company is $986.4.

What is a stock?

Each share of ownership in a corporation or business is referred to as stock in the context of finance. This typically entitles the shareholder to that percentage of the company's earnings, money from the sale of company assets, or voting power, allocating these normally in accordance with the amount that each stockholder has invested. Stocks are not all created equal. For instance, certain classes of stock might be issued with enhanced voting rights, without voting rights, or with a particular priority to receive profits or liquidation proceeds before or after other classes of shareholders. In order to prevent fraud, protect investors, and advance the general economy, governments typically impose very strict regulations on the buying and selling of stock, whether done privately or through stock exchanges.

Difference between selling price and cost price = 2840.4 - 1854

So, difference between selling price and cost price = $986.4

To learn more about stock. visit

https://brainly.com/question/5583697

#SPJ4

a bike sales company accepted a return of one damaged bike from sana gill that was originally sold on credit on sales slip 239 for $440, which included sales tax of $40. the return transaction will include which of the following entries:

Answers

A bike income employer generic a return of one damaged motorbike from Sana gill that turned into at the beginning offered on credit on sales slip 239 for $440 Debit to sales tax payable for $forty

Debit to income returns and allowances for $400

credit to accounts receivable for $440.

Within the well-known magazine, a simple transaction requires three strains two to list the accounts and one to explain the transaction. The transaction ought to then be posted to each popular ledger account.

An income go-back or a sales allowance is usually recorded within the income magazine. The balance of a consumer's account in the accounts receivable ledger is turned around to reveal that it is a debit quantity.

Learn more about sales here

https://brainly.com/question/25743891

#SPJ4

Answer:

Total sales price (including sales tax)

$400

$40

$440

Explanation:

Solution

Sale price of Bike (excluding sales tax)

Add: Sales tax

Total sales price (including sales tax)

$400

$40

$440

The company shall make the following journal entry on return of bike

Sales Returns and allowances

Sales Tax payable

Accounts Receivable

Check all that apply

credit to accounts receivable for $400

$400 $40

$440

V

debit to sales returns and allowances for $400

V

credit to accounts receivable for $440

debit to sales returns and allowances for $440

V

debit to sales tax payable for $40

credit to sales tax payable for $40

Learn more about this question here :

https://brainly.com/question/29665262

#SPJ4

true or false: based on the fact that both carlos and deborah increased production from the initial cartel quantity, you know that the output effect was larger than the price effect at that quantity.

Answers

The answer is false.  The cost of a good or service in a market determines the quantity that customers want. When non-price factors are eliminated from the equation.

It is evident that higher prices cause a decrease in the quantity demanded while lower prices cause an increase in the quantity demanded. the effect that a change in value has on the market's customers demand for a given good or service. The substitution impact plus the income effect make up the pricing effect. The quantity effect is the drop in revenue as a result of the decrease in quantity required brought on by the price rise.

To learn more about price, click here.

https://brainly.com/question/19091385

#SPJ4

when ads is linked to analytics, how can conversion events from analytics can be used in ads?

Answers

What do ads clarify?

Buying real estate to promote a good, negative, or abstract notion is a commercial tactic called as advertising. The actual advertising messaging is found in ads, as they are commonly called. The purpose of advertising is to reach the groups of people who are most likely to be motivated to purchase a company's products or services.

Why are ads used?

Advertising is a sponsored form of communication that advertises a service, item, or brand. Marketers utilize advertisements as a tool to help companies realize their objectives and increase revenues.

To know more about ads visit:

https://brainly.com/question/14702180

#SPJ4

remuneration for referrals affects the quality of patient care by encouraging physicians to order services or supplies based on profit rather than the patients’ best medical interests, and is what? a. encouraged under the aca b. discouraged c. legal if done properly with a contract d. illegal

Answers

Payment for referrals is a form of compensation that affects patient care by incentivizing doctors to place orders for goods and services based on their ability to make a profit.

What aspects affect the payments made to physicians for their services and procedures?

Reimbursement-Related Factors

policy type for insurance. The patient's insurance may be paid for by a privately run insurance plan or a publicly sponsored program like Medicare. . the nature of the disorder, the person conducting the evaluation, the necessity of the medical care, and the length of the treatment.

Do doctors gain from recommendations?

A hospital makes an average of $2.13 million a year from admissions, referrals, and other services provided by a primary care physician, according to a Merritt Hawkins revenue survey.

To know more about compensation visit:

https://brainly.com/question/13755469

#SPJ4

true or false: the inflows of legal and illegal immigration indicate that this investment has a neutral return to movers.

Answers

The given statement is false. In economic terms, the inflows of legal and illegal immigration indicate that this investment has a positive return to movers.

What factors can influence immigration flow?

Demographic factors such as age, education, marital status, and language affect a person's willingness to migrate. Worsening political and environmental conditions abroad and/or bettering conditions at home can lead to less migration.

Conditions which influence an individual's quality of life vary from person to person, but may be the main factors leading to immigration. These can include labor standards, poverty, and the overall state of a country to afford a quality life.

Learn more about immigration at: https://brainly.com/question/17141328

#SPJ4

each time a payment is made on an installment note, the portion of the next payment associated with interest expense increases. this statement is

Answers

False, When an installment note payment is made, the portion of the next payment associated with interest expense increases.

The cost of borrowing money is referred to as interest expense. It is the fee charged by a lender to a borrower for the use of the lender's funds. Interest expense on the income statement can represent the cost of borrowing money from banks, bond investors, and other sources.

An entity's interest expense is the cost of borrowing money. On the income statement, interest expense is a non-operating expense. It denotes the interest payable on all borrowings, including bonds, loans, convertible debt, and lines of credit.

To know more about interest expense, click here.

https://brainly.com/question/14185533

#SPJ4

8)quirch inc. manufactures machine parts for aircraft engines. the ceo, chucky valters, was considering an offer from a subcontractor that would provide 2,400 units of product pq107 for valters for a price of $150,000. if quirch does not purchase these parts from the subcontractor it must produce them in-house with the following unit costs:

Answers

The relevant costs of producing 2,400 units of product PQ107 internally are $149,000.

A relevant cost is a cost that varies between the alternatives being assessed. It is also known as an avoidable cost or differential cost.

When evaluating options, it is frequently crucial for organizations to discern between relevant and irrelevant costs because failing to do so might result in poor business decisions.

Calculation of internal production costs for 2,400 units of product PQ107.

Using this formula

Relevant Costs = Incremental Costs = Incremental Variable Costs + Incremental

Let's put the values in the formula

Relevant Costs are equal to [(2,400 units at $31 per unit) plus 2,400 units at $19 per unit plus 2,400 units at $8 per unit] + $9,800

Relevant Costs = $74,400 plus $45,600 plus  $19,200 plus  $9,800

$149,000 is the relevant cost.

Therefore, the necessary expenses for internally manufacturing 2,400 units of product PQ107 are $149,000.

To know more about relevant costs:

https://brainly.com/question/17281159

#SPJ4

Correct question:

Quirch Inc. manufactures machine parts for aircraft engines. The CEO, Chucky Valters, was considering an offer from a subcontractor that would provide 2,400 units of product PQ107 for Valters for a price of $150,000. If Quirch does not purchase these parts from the subcontractor it must produce them in-house with the following unit costs:

Cost per Unit

Direct materials $31

Direct labor 19

Variable overhead 8

In addition to the above costs, if Quirch produces part PQ107, it would have a retooling and design cost of $9,800. The relevant costs of producing 2,400 units of product PQ107 internally are:

which of the following statements is incorrect? a person should consider investing after having adequate insurance coverage. a person should consider investing after paying off all his/her debts. a person should consider investing after establishing an adequate emergency fund. a person should consider investing after paying off his credit cards.

Answers

a person should consider investing after having adequate insurance coverage is the incorrect option.

Why investment is important?

Investing is a successful approach to use your money and possibly increase your fortune. Your money may grow in value and outpace inflation if you make wise investment decisions. The power of compounding and the trade-off between risk and return are the main reasons investment has a higher growth potential.

What are five advantages of investing?

#1. You Avoid Being Overtaken by Inflation.

#2 - Investing Will Aid in Your Wealth Development.

#3 - Investing Can Get You To Early Retirement Or Retirement...

#4. Investing can help you reduce your tax liability.

#5: Invest to achieve other financial objectives.

Learn more about investing here:
https://brainly.com/question/10908938
#SPJ4

national insurance company has 200,000 shares authorized, 180,000 shares issued, and 45,000 shares of treasury stock. the number of shares outstanding is:

Answers

The national insurance company has 200,000 shares authorized, 180,000 shares issued, and 45,000 shares of treasury stock. the number of shares outstanding is 1,38,000 shares are outstanding.

What is a Share?

Shares are fractional ownership interests in a corporation. For some businesses, shares are a type of financial instrument that allows for the equitable distribution of any declared residual profits by way of dividends. A stock with no dividend payments does not distribute its income to its shareholders.

The term "share" refers to a unit of ownership that equals one percent of equity stock. A stake entitles the owner to a legitimate right to the company's profits and losses. Equity shares, as well as preference shares, are the two main types of shares.

Learn more about Shares here:

https://brainly.com/question/13931207

#SPJ1

Three scatter diagrams are given below. How many of the diagrams present data that can be described by a linear relationship and, therefore, justifiably summarized by the correlation coefficient?
a. Plot A
b. Plot B
c. Plot A and Plot B
d. Plot A and Plot C
d. Plot A and Plot C

Answers

Plot A and C can be described by a linear re-lationship and, therefore, justifiably summarized by the correlation coefficient.

The correlation coefficient is a measure of the statistical correlation or association between two variables, in numerical terms. Two columns of a given data set of observations, also known as samples, or two parts of a multivariable random variable with a known distribution can act as variables.

There are several types of correlation coefficients, each with its own definition, field of application, and characteristics. As analytical tools, correlation coefficients have significant drawbacks, such as the tendency for some types to be skewed by outliers and the abuse potential to infer causal re-lationships between variables.

The correct option is D.

The above question is incorrect, the correct question is-

Three scatter diagrams are given below. How many of the diagrams present data that can be described by a linear re-lationship and, therefore, justifiably summarized by the correlation coefficient?

a. Plot A

b. Plot B

c. Plot A and Plot B

d. Plot A and Plot C

To know more about Correlation coefficient here-

https://brainly.com/question/15577278

#SPJ4

In the context of the fit perspective, which of the following industry characteristics affects
culture?
(A) The variable assets
(B) The number of managers
(C) The number of subordinates
(D) The competitive environment

Answers

The industrial factors influences culture from the fit perspective is. The competitive environment Option D is correct

An environment where businesses compete with one another is referred to as a competitive one. The marketplace becomes more competitive when there are more companies offering the same good or service. Direct rivals are the most apparent example of a competitive environment aspect, but additional examples include regulatory sources, indirect competitors, and societal and technical developments. Businesses will be more motivated to reduce costs, enhance the quality of their goods and services, and provide customers more alternatives when a market is competitive.

Learn more abut competitive environment visit https://brainly.com/question/28249167

#SPJ4

Due to the increasing energy costs in the US, Jackie Moora is anxious. The old machine her company has been using to manufacture steel support beams for the construction industry served the company well over the past 5 years. And she expected the machine to do the same for the next 7 years. At which point she was expecting to replace the machine with another one. However, Jackie is concerned that higher cost of energy may reduce the profitability of their
operations.
Currently, for the most recent fiscal year, sales have been 2M per year, and all costs pre-tax are 1.5M per year. Of these costs, direct labor associated with the existing machine is $300,000, energy costs are 500,000, and depreciation is 300,000 (expected for another 5 years). The existing machine was purchased for 3M and is expected to have no resale value at the end.
While sales and salaries are expected to increase at the rate of inflation of 5% per year for the foreseeable future, energy costs outpace inflation and are expected to grow at 15% for the foreseeable future. Demand for the support beams is quite elastic due to competition from foreign producers, meaning that the company cannot raise prices for their products above and beyond the 5% inflation rate.
As an alternative, Jackie Moora is looking for another option. She is considering whether it would be better to buy a wholly new machine. The current price is 4.5M, but the machine would have the effect of dropping energy costs to 200,000 for the next year. These costs, again, would grow
at the 15% growth rate for the foreseeable future. The new machine would be expected to last 10 years, depreciated straight-line over that period, and have no resale value at the end of that period.
Tax rate is 25% and since this is a small enterprise with a lot of risk, discount rate used in 15% per year.
Jackie and the team of directors are seeking your help with the analysis of all possible scenarios.
1) What should the company do? Should the company stay in business or shut down operations?
2) If they should stay in business, should they keep the old machine, or buy the new one?

Answers

The answer of the question is the company should stay in the business and should buy new machine.

for the most recent fiscal year, sales have been 2M per year, and all costs pre-tax are 1.5M per year. Of these costs, direct labor associated with the existing machine is $300,000, energy costs are 500,000, and depreciation is 300,000 (expected for another 5 years). The existing machine was purchased for 3M and is expected to have no resale value at the end.

While sales and salaries are expected to increase at the rate of inflation of 5% per year for the foreseeable future, energy costs outpace inflation and are expected to grow at 15% for the foreseeable future. Demand for the support beams is quite elastic due to competition from foreign producers, meaning that the company cannot raise prices for their products above and beyond the 5% inflation rate.

As an alternative, Jackie Moora is looking for another option. She is considering whether it would be better to buy a wholly new machine. The current price is 4.5M, but the machine would have the effect of dropping energy costs to 200,000 for the next year. These costs, again, would grow

at the 15% growth rate for the foreseeable future. The new machine would be expected to last 10 years, depreciated straight-line over that period, and have no resale value at the end of that period.

Tax rate is 25% and since this is a small enterprise with a lot of risk, discount rate used in 15% per year.

Jackie and the team of directors are seeking your help with the analysis of all possible scenarios.the company should stay in the business and should buy new machine.

learn more about direct labor associated here

https://brainly.com/question/29315523

#SPJ4

in terms of the product life cycle (plc), what happens when the product category grows and is successful?

Answers

The product category enters the growth stage when it expands and becomes profitable. This is characterized by a rise in demand, an expansion in supply, and a rise in production.

The product gains in popularity and recognition throughout the growth phase. If a product is subject to intense competition, a corporation may nonetheless decide to invest extensively in advertising. However, marketing strategies will probably focus more on how to set their product apart from competitors than on how to get their products on the market.

Based on client input, a business may potentially improve the functioning of a product. Sales and revenue increase during the product life cycle's growth phase, which has a positive financial impact.

To learn more about the product life cycle, visit the link below:

brainly.com/question/28249920

#SPJ4

which of the following terms best describes a day trader? A. speculative long-term
B, perspective money market C. maker buy-and-hold D. mentality illegal gambler

Answers

The term which best describes a day trader is speculator, So, the correct option is (a).

A speculator tries to outperform conventional longer-term investors by using tactics and often a relatively short time horizon.The process that speculator perform is known as speculation. Speculators assume risk in the hopes of earning profits that are substantial enough just to outweigh the risk, particularly when predicting the future price changes.

Excessively risky traders often don't endure very long. By using a variety of tactics, including investing in stocks, stop - limit orders, and tracking the data of their trading success, speculators can minimize long-term risks. Speculators are often experienced risk-takers who have understanding of the market they are trading in. Generally, speculator assumer too much risk in the process of speculation.

Learn more about speculation here:

https://brainly.com/question/852688

#SPJ4

on average, an investor finds that their inflation premium is 2.8%, the coc is 5%, and their expected real return is 4.2%. assuming that the investment can be repeated with a failure rate of 25%, what should the risk premium be that is applied to the project to mitigate this risk of failure?"

Answers

The risk premium would be that is applied to project to mitigate this risk of failure is 2%.

What is risk premium?

The amount of excess return needed by an individual to make up for being exposed to a higher risk level is known as a risk premium. The following sections will discuss how the application affects the inputs for each of these factors as well as how the risk premium value is ultimately interpreted. Regardless of the application, the market premium might be unpredictable because both of its constituent variables can be affected separately by cyclical and abrupt changes. Risks come in a variety of shapes and sizes, including reputational, physical, and financial risks. If the risk premium can be calculated, the notion of risk premium can be applied to all of these risks in order to calculate the expected payout from those risks.

Required return = Real rate of the return + Expected Inflation premium + the risk premium

5% = 4.2% + 2.8% + Risk premium

Risk premium = 2%

To learn more about risk premium, visit:

https://brainly.com/question/28235630

#SPJ4

There are many factors that affect an organization. which factor influences an organization’s structure? the affects the way an organization is structured.

Answers

The structure of an organization varies depending on the type of business it is.

What would you say is an organization?

A group of people who work together form an organization, such as a company, homeowner's association, organization, or union. The term "organization" can be used to describe a person, a group, a business, or the ability to produce anything.

What three types of organizations are there?

Multifunctional, departmental, or matrix organizational structures are used by the majority of businesses today. Owners need weigh the merits and disadvantages from each type while making a choice which to utilize for their business.

To know more about organization visit:

https://brainly.com/question/7243613

#SPJ4

mike ad dave work together in the finance department of the same company and earn the same pay. mike spends his free time taking work-related classes to improve his computer skills; while dave spends his free time socializing with friends and working out at a fitness center. after five years, what is likely to be true?

Answers

Most probably after five years, Mike will make more money because he will be more valuable to his company with much better skills.

Mike spends his free time taking work-related classes to improve his computer skills; while Dave spends his free time socializing with friends and working out at a fitness center.

Skill-based pay encourages employees to continue their education and improve their abilities while remaining in their positions. Keeping an eye on enhancing your skill set and exploring ways to learn something new is the initial step towards becoming a better version of yourself. It not only helps to increase your work performance but also creates potential opportunities for your professional development.

Learn more about the skills here:

https://brainly.com/question/13086898

#SPJ4

robert has a monthly income of $1,650 his monthly mortgage payment is $675 what percentage of his income

Answers

Robert spends 40.91% of his income on his mortgage.

As stated,

Robert's monthly salary is $1650.00.

His mortgage payment is $675.00 per month.

Total cost = $1650

$ 675 for the part

Fill out the formula with all of the values.

40.91% is the percentage (Approx)

What is a mortgage?

A mortgage is used when a person borrows money from a lender (bank loans) and signs an agreement in which he/she receives cash in exchange for a real estate property as a guarantee with the bank until the entire amount is repaid.

As a result, Robert spends 40.91% of his income on his mortgage.

To learn more about Mortgage:

https://brainly.com/question/1318711

#SPJ4

Full Question:  Robert has a monthly income of $1,650.00. His monthly mortgage payment is $675.00. What percentage of his income does Robert spend on his mortgage?

One management responsibility is to identify when to create _______________, not simply when to mitigate it.

Answers

One of the responsibility of management responsibility is to identify when to create conflict, not simply when to mitigate it.

The goal of conflict management is to lessen its negative effects while enhancing its beneficial effects. Enhancing learning and group outcomes, as well as effectiveness or performance in an organisational environment, are the goals of conflict management.

Conflict management is the process of recognising issues and resolving them in a fair and efficient way. The objective is to raise the likelihood of a successful conclusion while minimising any potential negative effects that may result from conflicts.

To learn more about conflict management, refer

https://brainly.com/question/17744728

#SPJ4

the size of the firm measured as the current stock price multiplied by the number of shares outstanding is referred to as the firm's: select one: a. market capitalization. b. book value. c. constant growth model. d. market makers.

Answers

The market capitalization of a company is the sum of the market values of all of its outstanding shares of stock, expressed in dollars.

How important is market capitalization? Why does that matter?

Market capitalization is important because it helps prospective investors understand the true value of companies and how big each one is in relation to the others. Investors can forecast the future success of a company's stock with the help of the share price because it shows what the market is willing to pay for the shares.

In what ways is market capitalization determined?

A company's market capitalization is calculated by dividing the number of outstanding shares by the share's current market value. A corporation has a certain number of outstanding shares, thus multiplying X by the share price yields the overall value of the business.

To learn more about Stock Prices visit:

https://brainly.com/question/1674639

#SPJ4

Calculate the intrinsic value of Rio Tinto in each of the following scenarios by using the three-stage growth model of Spreadsheet 18.1. Treat each scenario independently.
a. The terminal growth rate will be 6%. (Round your answer to 2 decimal places.)
Intrinsic value:
b. Rio Tinto’s actual beta is 1.2. (Round your answer to 2 decimal places.)
Intrinsic value:
c. The market risk premium is 7.5%. (Round your answer to 2 decimal places.)
Intrinsic value:

Answers

Intrinsic cost measures the value of an investment based on its cash flows. Where market value tells you the charge other humans are willing to pay for an asset, intrinsic cost indicates you the asset's cost based on an evaluation of its authentic monetary performance.

How is intrinsic cost calculated?

Estimate all of a company's future money flows. Calculate the present cost of each of these future money flows. Sum up the current values to gain the intrinsic price of the stock.

Example: For instance, if a call option's strike price is $10 and the market charge is $30, its intrinsic cost is $20 due to the fact if it have been exercised, its proprietor could purchase the underlying stock for $20 much less than its modern-day market price.

Learn more about intrinsic value here:

https://brainly.com/question/14728234#SPJ4

Using technology is a way for a company to give itself a competitive edge. true or false

Answers

Technological Advancement helps an organization in order to achieve its goal and provide competitive age. This statement shall be true.

What is Technological Advancement for a company ?

Technology advancement aids the business sector in understanding the factors that can satisfy their clients' requirements. Effective customer understanding allows business owners to provide clients with state of art products and services with their utmost satisfaction.

Currently all the organization works around the computers will found to be a suitable example of Technological advancement which led to the flexibility and dynamicity to maximize market share among competitors.  

Therefore, invention of computers, internet usage, and e-commerce through smartphones and many more which help quickly for customer services & response.

To know more about Technological Advancement for a company refer:

https://brainly.com/question/13612564

#SPJ1

What is the current regional trade agreement that guides trade in north america?.

Answers

The stated parties have a trade deal called the U.S. Mexico Canada Agreement (USMCA). This North American Free Trade Agreement was superseded by the USMCA (NAFTA).

What does the trade mean?

Exchanging commodities and/or services between individuals, groups of individuals, or nations: In last ten years, the nation's commerce in consumer products has increased. They are domestic trade and foreign trade.

Which form of trade is best?

Trading inside a day: Before the market closes, this sort of trading forces you to buy and sell the stocks on the same day. To determine the best timing to sell your stocks, you must continuously track your market position. Day trading is a great technique to generate quick returns provided you invest in the right firms.

To know more about trade visit:

https://brainly.com/question/29636902

#SPJ4

smart screens (smart televisions) apple plans to enter the television industry with a new touchscreen smart tv concept, complete with the apple tv app. apple would be best served by using which diversification entry mode?

Answers

Smart Screens television business with a touch screen would be best served using the Acquisition of a manufacturer which will be a diversification entry mode.

What is the meaning of Acquisition?

An acquisition is indeed a business transaction in which one firm pays another company money to purchase a company, an organization, or its assets. G's 2005 $50 million purchase of Android is one example of an acquisition.

When one business buys everything and a portion of the shares or assets of another, it is referred to as an acquisition. The goal of an acquisition is frequently to control, build upon, and seize the energies of the target company's capabilities.

Learn more about the  Acquisition here:

https://brainly.com/question/15855713

#SPJ1

bankers usually insist that prospective business borrowers submit audited financial statements along with a loan application. why should financial statements be audited by a cpa?

Answers

Bankers insist the prospective business borrowers to  submit auditeed financial statement with a loan application. An audited financial statement by a CPA provides the highest level of assurance that the financial statements of a business are free from any material misstatement and clear from any fraud risks.

A company's financial statement should be audited by an independent and qualified CPA to reassure banks, suppliers, and potential investors that the company is financially sound and creditworthy.

CPA or certified public accountant is a professional license given to qualified accountants. CPA must meet education, work, and examinatin requirements before being certified.  A CPA holder can hold various position both in public and corporate accounting.

An audited financial statement provides more value for a company. After audited a company, the CPA will offer opinios related to the statements. A company's financial statement might not be prepared according to accepted standards. The CPA will help to highlight these issues on his/her opinion.

An audited financial statement helps a company to put its investors and lenders at ease. An audited financial statement shows that a company's books are accurate. An audited financial statement shows thata a company is financially sound and following good business practices. A company with audited financial statement also secured lower rates.

Having an audit can help a company to detect any deficiency in internal control that could potentially lead to fraud. An audited financial statement may help a company to reduce the taxes. A company with audited financial statements is more attractive to a potential buyer and brings higher price.

Learn more about Audited Financial Statement here: https://brainly.com/question/28302353

#SPJ4

assets cash $ 20,100 accounts receivable 70,100 merchandise inventory 210,000 property, plant and equipment, net of $572,100 accumulated depreciation 1,094,100 total assets $ 1,394,300 liabilities and stockholders' equity accounts payable $ 254,100 common stock 820,100 retained earnings 320,100 total liabilities and stockholders' equity $ 1,394,300
The difference between cash receipts and cash disbursements for December would be:
Multiple Choice
$49,800
$66,400
$34,350
$108,100

Answers

The correct answer is Option (b) $66,400.

Cash receipts are money collections, usually from customers, that add to (debit from) the cash balance shown on a company's balance sheet. When an entity receives money from a client, investor, or bank, among other external sources, it records the transaction as a cash receipt.

In the given question,

                                  Sales in November = $350,000

                                  Sales in December = $330,000

                                  Sales in January = $320,000

                                  Collections = 45% and 55%

                                  Cost of Goods sold = 75% on sales

                                  Other monthly expenses = $24,100

Now,

      Cash receipt for December = (330,000 x 0.45) + (350,000 x 0.55)

                                                     = $148,500 + $192,500

                                                     = $341,000

      Cash Disbursement for December = (330,000 x 0.75 x 0.80)

                                                                   +(350,000 x 0.75) + 24,100

                                                                   – (350,000 x 0.75 x 0.8)

                                                                   = $198,000 + $262,500

                                                                       - $210,000 + $24,100

                                                                   = $274,600

The difference between Cash receipt and Cash disbursement for December would be $66,400 ($341,000 - $274,600).

Learn more about Cash Receipts here: https://brainly.com/question/25588030

#SPJ4

Disclaimer: Your question is incomplete. Please write the complete question by looking over the internet.

he nation of ASilia spent $200 million on goods and services in 2010. In 2011 the country spent $220 million on goods and services, even though output decreased compared to 2010. What happened to real GDP and nominal GDP b/n these two years
Real GDP has decreased because less is being produced. Nominal GDP has increased because more was spent on these goods and services

Answers

Because fewer goods are being created, real GDP has declined. Because more money was spent on these products and services, nominal GDP increased.

Gross domestic product (GDP) that hasn't been adjusted for inflation is referred to as nominal GDP. By reflecting the values of all the goods and services produced during the current reporting period, current price estimates of GDP are created. Nominal GDP represents the raw data in current dollars without taking inflation into account. Real GDP eliminates any distortion brought on by inflation or deflation by adjusting the numbers by fixing the value of the currency. Given that the nominal GDP is determined using current market prices, an increase in the nominal GDP suggests an increase in prices rather than a rise in the quantity of products produced. The nominal GDP rises as a result of rising inflation. Nominal refers to a statistic that is published using the currency's current value, i.e., no inflation adjustment has been made. In contrast, real GDP takes into account how an economy is affected by inflation (or occasionally deflation).

Learn more about nominal GDP here

https://brainly.com/question/8151973

#SPJ4

in which of the following types of presentations does a speaker deliver the presentation without deviation and function as an expert at the end?
a monologue presentation

Answers

In a monologue presentation, the speaker follows the script exactly and concludes by acting as an authority.

What is monologue presentation?

Through a presentation, a speaker imparts knowledge to an audience. Demonstrations, introductions, speeches, or speeches are frequently used in presentations to inform, persuade, motivate, inspire, or introduce a novel idea or product.

The purpose of an interior monologue is to allow the audience to witness events that would otherwise be primarily internal. A dramatic monologue, on the other hand, features one character conversing with another. Active & narrative monologues are additional categories that can be used to separate out monologues. In an active monologue, a character uses speaking to accomplish a specific objective. A character merely tells a story in a narrative monologue, which is frequently distinguished by the use of the past tense.

To know more about monologue presentation, visit:

https://brainly.com/question/12654936

#SPJ1

Other Questions
the housekeepers believe that without an additional staff member, they will not be able to increase performance no matter how much effort they exert. based on expectancy theory, what is the problem 5. Which expression represents the sale price of a meal that includes 22% gratuity? 4. 0.22m b. 0.22 + m c. 1.22m+m d. m+0.22m what is the minimum change of entropy that occurs in 0.200 kg of ice at 273 k when 7.40 x 104 j of heat is added so that it melts to water? jarvie states in paragraph 5 that trigger warnings threaten ""to define public discussion both online and off."" how does she support this argument? Which part of a scientific argument must be supported by valid data?claimevidencereasoningtheory. a firm's demand curve for labor is: group of answer choices the upward-sloping portion of its value of the marginal product curve. horizontal for the firm in perfect competition. the downward-sloping portion of its marginal product curve. the downward-sloping portion of its value of the marginal product curve. one factor that can affect the market risk of a project is its degree of operating leverage, which is: 11. MARINE BIOLOGY Killer whales usually swim at arate of 3.2-9.7 kilometers per hour, though they can travelup to 48.4 kilometers per hour. Suppose a migrating killerwhale is swimming at an average rate of 4.5 kilometers perhour. The distance d the whale has traveled in t hours canbe predicted by the equation d = 4.5t.a. Graph the equation.b. Use the graph to predict the time it takes the killerwhale to travel 30 kilometers. F(x)=(x+2)^2 (x-3) graph the function john drove for 3 hours at a rate of 50 miles per hour and for 2 hours at 60 miles per hour. what was his average speed for the whole journey? one of the differences between a voltaic cell and an electrolytic cell is that in an electrolytic cell: group of answer choices o2 gas is always produced at the cathode. a non-spontaneous reaction is forced to occur. only non-aqueous electrolyte solutions can be used. an electric current is produced by a chemical reaction. electron transfer does not occur. electrons flow towards the anode. home-canned low-acid foods, such as beans and corn, may be contaminated with clostridium botulinum, a bacterium that produces a dangerous toxin. to destroy the toxin, the food should be The standard costs and actual costs for direct labor for the manufacture of 2,500 actual units of product are as follows: Standard Costs Direct labor 7,500 hours at $11.80 Actual Costs Direct labor 7,400 hours at $11.40The direct labor rate variance is.A$2,960 favorableB$4,500 unfavorableC$2,960 unfavorableD$4,500 favorable 5 divided by 1135 light can travel from air into water. some possible paths for the light ray in the water are shown. which path will the light most likely follow? what would most likely happen if m-cyclin is replaced by a nondegradable m-cyclin? group of answer choices A force is applied to stop a moving shopping cart. explain how increasing the time of impact would change the force required to stop the cart. enter your answer in the space provided. A resistor and an inductor are connected in parallel. If the voltage across the resistor is 120 volts, the voltage across the inductor is 120 volts.True The dietary approach that has been most successful in long-term studies is the low-fat, ... approach. Please help me with explanation