If Julian determines that any potential misstatements in accounts receivable could be material and pervasive to the financial statements, then a disclaimer of opinion audit outcome should occur.
An audit is a procedure of checking the financial records of a company or organization in order to ensure that they are correct and that financial rules and laws are being followed. An audit also assesses the fairness of the financial statements and discloses any deficiencies discovered.
It is also used to assess how efficient the company's internal controls and processes are and to verify whether they are working properly. Hence, the auditor should have access to all of the necessary records to make an informed decision on the accuracy of the financial statements.
ConclusionIn this case, if Julian determines that any potential misstatements in accounts receivable could be material and pervasive to the financial statements, then a disclaimer of opinion audit outcome should occur.
The disclaimer of opinion audit outcome is the outcome of the audit where the auditor concludes that they are unable to offer an opinion about the financial statements.
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Match the financial statement with its description. To match them, click the Description and then click the Financial Report Name
Answer:
a-3 / b-2 / c-4 / d-1
Explanation:
Notes to financial statements: Includes a summary of significant accounting policies and explanations of specific items on the financial statements.
The notes are required by the full disclosure principle. Also referred to as footnotes. Provide additional information pertaining to a company's operations and financial position.
Report of independent registered public accounting firm: Attests to the fairness of the presentation of the financial statements.
is a process designed to provide reasonable assurance regarding the reliability of financial reporting.
Management's discussion and analysis of financial condition and results of operations (MD&A): Is written by the company to help investors understand the results of operations and the financial condition of the company.
Disclosure is mandatory where there is a known trend or uncertainty that is reasonably likely to have a material effect on the registrant's financial condition or results of operations
Financial statements: Includes the income statement, balance sheet, statement of stockholders' equity, and statement of cash flows.
are reports prepared by a company's management to present the financial performance and position at a point in time.
Financial statements refer to how company communicates their finance. The financial statement that reflects a company’s profitability is hereby given below.
Financial statements in sheetsThe various accounting activities that precedes financial statements are hereby matched below:
A. Statement of retained earnings or owner's equity
Include information of owner's retained earnings and dividends.
B. Income statement - Revenues
Shows revenues and expenses over a period of time.
C. Statement of cash flow
shows money moving in and out, categorized by operations, investing and finance
D. Balance Sheet
A snapshot of a company's assets, liabilities and equity at a specific moment in time.
Therefore, the answers are Statement of retained earnings or owner's equity, Income statement - Revenues, Statement of cash flow, Balance Sheet respectively.
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which method is approved by income tax authorities for charging depreciation
Answer:
The straight-line method
Explanation:
The simplest and most commonly used way to calculate depreciation under generally accepted accounting principles.
Which of the following goods would be included in the calculation of gross domestic product? Select the two correct answers.a. French fries sold to customers at a restaurant.b. Chemicals sold to pharmaceutical developers.c. Steel sold to an automobile manufacturerd. Notebooks sold to students.e. Lumber sold to construction firms.
The two correct answers are: a. French fries sold to customers at a restaurant. and d. Notebooks sold to students.
In the calculation of gross domestic product (GDP), only final goods and services produced within a country's borders during a specific period are included. The following two options meet this criteria:
a. French fries sold to customers at a restaurant: This is a final good produced within the country's borders and sold to customers.
d. Notebooks sold to students: This is a final good produced within the country's borders and sold to students who are consumers.
The other options may be inputs in the production of final goods or services, but they are not final goods or services themselves, so they would not be included in gross domestic product .
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Explain how herbs are used in treating any
5 diseases
Answer:
An herb is a plant or plant part used for its scent, flavor, or therapeutic properties. Herbal medicines are one type of dietary supplement. They are sold as tablets, capsules, powders, teas, extracts, and fresh or dried plants. People use herbal medicines to try to maintain or improve their health.
Explanation:
Hope it helps u
FOLLOW MY ACCOUNT PLS PLS
When an employer treats some employees differently due to their race, religion, sex, national origin, or age, it is known as ________.
When an employer treats some employees differently due to their race, religion, sex, national origin, or age, it is known as Disparate Treatment.
Disparate treatment of an individual as an employee that's less favorable than treatment of others for discriminatory reasons as race, religion, national origin, sex, or disability.
Disparate treatment may be a thanks to prove illegal employment discrimination. An employee who makes a disparate treatment claim alleges that he or she was treated differently than other employees who were similarly situated, which the difference was supported a protected characteristic.
Disparate treatment occurs when a worker is treated differently than employees who don not have the identical protected characteristics.
Example of disparate treatments in business: Hiring on the premise of strength to favor male gender over female gender employees.
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If you produce at a point beyond your ppc, then you are producing at a point that is ____________.
If you produce at a point beyond your PPC, then you are producing at a point that is unattainable.
Production Possibilities Curve (PPC)
The graph known as the production possibilities curve (PPC) illustrates all the possible output combinations that can be created using the available resources and technology. The PPC sometimes referred to as the production possibilities frontier (PPF), depicts scarcity and tradeoffs.
The production possibilities curve in economics is a diagram that shows the most effective way to produce a pair of items. When resources are allocated to producing more of one good and less of another, each point on the curve represents how much of each good will be produced.
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mention the major job of Pharmacy
Answer:
dispense prescription medications to patients
Explanation:
Go to a Pharmacy
Answer:
major job in a pharmacy is a pharmacist
Explanation:
Pharmacists give people their prescription medicines that are needed for important sicknesses or illnesses
Which statement is true for a short-term goal?
A.
It is usually complex.
B.
It usually requires one to exert a lot of effort.
C.
It is usually related to the bigger things that you want to achieve.
D.
It usually takes less than a year to achieve.
Answer:
I would say D because it sounds more reasonable for me
A) According to the Small Business Administration, his business generates too much income to fit its definition of “smallness.”
B) According to the Small Business Administration, his business has too many employees to be considered a small business.
C) According to the Small Business Administration, he has a small business.
D) According to the Small Business Administration, he should franchise his business.
Answer:
From what I can tell, C.
Explanation:
His business could generate up to $8M (3YA) and still be considered a small business. He only has three employees, so he's still small.
Answer:
C
Explanation:
Just makes the modst sence
who here from K12? (sorry for asking this question)
Answer:
Explanation:
Answer:
Not I.
Explanation:
This is just constructive criticism, but I don't recommend listing your school here.
Will's Pizza can make 12 pizzas in 45 minutes. How many pizzas can they make in 4 hours?
Answer:
sixty four :)
Which of the following bond mutual funds has both the lowest default risk and the lowest interest rate risk?A) Short-term TreasuryB) Long-term Ginnie MaeC) Long-term corporateD) Short-term high yield
The following bond mutual funds has both the lowest default risk and the lowest interest rate risk: Short-term Treasury. The correct option is A.
Among the options provided, the Short-term Treasury bond mutual fund is likely to have both the lowest default risk and the lowest interest rate risk.
Treasury bonds are issued by the U.S. government and are considered to have minimal default risk since the government has the ability to print money or raise taxes to fulfill its debt obligations. Short-term Treasury bonds have a shorter maturity, which reduces interest rate risk.
Interest rate risk refers to the potential for bond prices to decline when interest rates rise. Short-term bonds are less sensitive to changes in interest rates compared to long-term bonds, as they have a shorter time to maturity.
On the other hand, Long-term Ginnie Mae, Long-term corporate, and Short-term high yield bond mutual funds typically carry higher default risk or interest rate risk compared to Short-term Treasury funds.
Therefore, the Short-term Treasury bond mutual fund is likely to have the lowest default risk and the lowest interest rate risk among the options provided. The correct option is A.
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1. Why are financial records important? How does keeping organized financial records contribute to successful money management?
Maintaining structured financial status will make , such as filing yearly state and federal taxes. Also, maintaining proper records can help you maximize deductions. financial progress and status measurement.
What does "financial status" refer to?Profits, losses, sales, income, earnings, debt, EBITDA, etc cash flow are all examples of financial status. Example 1: Financial Status refers to the person in question's business, assets, properties, or operations, regardless of their financial situation.
What various financial situations are there?For-profit companies often utilize the balance sheet, income statement, cash flow statement, and retained earnings statement as their four main financial statement types.
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The demand for a product is q = 2000 - 4p where q is units sold at a price of p dollars. Find the elasticity E if the price is $20. Round your answer to two decimal places
The elasticity E if the price is $20 and the demand of product is 1920 is as follows on calculation is 96.00.
Q=2000 - 4p
putting P = 20 we get
q= 1920
we know that elasticity is calculated as = quantity demanded / price
=1920/20 = 96.00
A good's quantity sought is calculated using/utilizing its price elasticity of demand. When prices rise, demand falls for almost all commodities, but certain commodities are affected more than others. When a price increases by 1% while all other factors remain constant, the price elasticity provides the percentage change in quantity required. If the elasticity is 2, a 1% increase in price results in a 2% decrease in amount demanded. The impact of changes in other factors on the required quantity is quantified by various elasticities.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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Dwyer/Morris pharmaceutical is considering two major investments and the respective cash flows are as follows:
period project 1 cash flow project 2 CF
0 (100,000) (100,000)
1 10,000 50,000
2 20,000 50,000
3 60,000 10,000
4 70,000 5,000
5 80,000 5,000
Both projects will be financed using funds generated from:
i. $1000,000 $1 Ordinary shares with a market value of $2.00 per share and an estimated cost of 22%
ii. $500,000 $1 Preference shares with a market value of 80 cents and an estimated cost of 15%
iii. $1 million Debenture stock with a market value of $80 per 100 nominal value and an estimated cost of 9%
You are required to:
Calculate the Weighted average cost of capital 9 marks
Calculate the Net Present value of each project 11 marks
Question 2
A project has an initial cost of $60 000, expected net cash inflows of $12,000 per year for 5 years, and a cost of capital of 12%.
What is the project’s MIRR? 10 marks
The WACC stands at 17. 25% when considering the weighted average expense of funds.
Project 1 has a net present value (NPV) of $11,633 whereas
Project 2 has a higher NPV of $17,594.
The project's MIRR stands at 15. 77%
How to solveTo determine the WACC, one must first assess the cost of each capital source and then assign a weight based on its percentage contribution to the overall capital structure of the business.
The expected return on equity amounts to 22%, the anticipated return on debt stands at 9%, while the projected return on preferred stock is 15%.
To determine the net present value of a project, one must evaluate the current worth of the project's cash inflows by adjusting them for the impact of time using a discount rate.
One way to determine the MIRR involves identifying the rate at which the present value of a project's future cash flows would be zero.
The project is deemed a profitable investment as both the NPV and MIRR demonstrate positive outcomes.
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How education is medium to enhance the ability of human beings?
if there is a hole in the floor of a structure, the preferred method of protecting workers from falls is to _____.
The preferred method of protecting workers from falls when there is a hole in the floor of a structure is to implement a physical barrier or cover over the hole.
When there is a hole in the floor of a structure, it poses a significant risk to the safety of workers. Falls through the hole can result in severe injuries or even fatalities. To protect workers from such falls, it is crucial to implement appropriate safety measures.
The preferred method of protection is to install a physical barrier or cover over the hole. This can be in the form of guardrails, handrails, or covers that are securely fixed to prevent accidental falls. These barriers should be sturdy and capable of supporting the weight of a person to ensure they effectively prevent workers from accessing the hole and falling through.
Guardrails are commonly used as a protective measure around holes in floors. They typically consist of vertical posts, horizontal rails, and toeboards to provide a continuous barrier around the hole. The height of the guardrail should be sufficient to prevent workers from accidentally falling over it, usually around 42 inches (106 cm) in height.
Alternatively, if the hole is temporary and needs to be accessed for work purposes, it can be covered with a suitable material that can support the weight of workers. This cover should be secured in place and clearly marked to indicate the presence of a hole beneath it.
The use of physical barriers or covers is preferred because they provide a physical obstruction that prevents workers from accidentally stepping or falling into the hole. These measures create a safe working environment by minimizing the risk of falls and ensuring the well-being of workers.
It is important to note that in addition to installing physical barriers or covers, other safety measures should also be taken, such as providing proper training to workers, implementing warning signs, and ensuring regular inspections of the protective measures to maintain their effectiveness. Overall, a combination of these measures helps to ensure the safety of workers when there is a hole in the floor of a structure.
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Explain why a positive attitude, high -esteem, and enthusiasm contribute to career success
Answer:
A positive attitude, high-esteem, and enthusiasm contribute to career success because they make the worker approach their activities, projects and ideas with a positive mindset, trusting in their abilities and anticipating a positive result, facing and overcoming their fears and always looking to the good side of things.
On the other hand, if the person were pessimistic or had a bad attitude, they would face their projects with doubts and fears, putting them aside in the face of the first adversities.
14) Business ethics is concerned with all of the following exceptA) distinguishing between ethical decisions that arise in a business setting.B) distinguishing between moral decisions in a business setting.C) moral and ethical principles that might arise in a business setting.D) societal issues such as the sale of products or services that may damage the environmentE) any special duties or obligations that apply to persons engaged in commerce.
Business ethics is concerned with all of the following except distinguishing between ethical decisions that arise in a business setting. Thus, option A is the correct answer.
Business ethics is mainly based on the moral decisions between the members of the company and also they are always based on the principles written based on issues faced previously.
In Business ethics, companies try to work for the welfare of their customers as well but they do not focus on profits and sales. The community gets the benefit to a larger extent when firms start working for it by acting upon marketing ethics. Some people argue that marketing ethics is just a way to increase the number of sales but in all cases, the larger community also gets benefits from it.
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Which statement best describes total task chaining?
A. The steps of the behavior chain are taught one at a time, in the order outlined by the task analysis, starting with step one
B. The client is taught one step at a time beginning with the last step of the behavior chain.
C. All previous steps are complete for the student
D. The client is taught all steps of the behavior chain in order and assistance is provided for any step the client is not able to complete independently
E. The client is taught one step at a time starting with the step that is easiest for the client
My question got removed but can someone please help me with what the PESTEL anylasis for covergirl is. Please only real answers no links:)
Answer:
through this PESTLE Analysis for L’Oreal, the cosmetics and skincare giant, you now have an idea of where the brand currently stands in terms of business.
A brand as prestigious as L’Oreal, with such a rich history behind it, truly is inspiring especially because they managed to lead the market for over 100 years. It really boggles your mind to think they’ve made a century.
The brand although in no way is under even the slightest suspicion of extinction, they still have to work on correcting a few wrongs, the most important of which is completely eliminating animal testing. That will never be brushed under the rug. They also need to be very cautious of the contributing people in their supply chain so as to eliminate all sorts of slavery. They should develop a concrete policy on their use of toxins as well.
You will never be able to view a company in a full 360-degree perspective until you focus on understanding the various macro-economic factors that affect it. These factors play a very big role in shaping up the company’s overall performance. A PEST Analysis will help you not only in the identification but a thorough explanation of all of these factors
PESTLE is simply an acronym for political, economic, socio-cultural, technological, legal, and environmental analysis, which helps one in understanding where a company stands in depth.
You are more than welcome to visit our website if you wish to teach yourself how to work on a PEST analysis. We have all the detail you would need for comprehending the entire process. In fact, for those of you who wish to put their knowledge to practice, we even have the perfect PESTLE Analysis template for you to make things faster.
what are the types of economic systems?
Economic systems can be categorized into four main types:
Traditional economies, command economies, mixed economies, and market economies.
An index of three non-dividend paying stocks is weighted by their market values. One of the index stocks splits 2-for-1 during the year, but no shares are sold. The total return of this index for the year is:
less than the price return of the index.
equal to the price return of the index.
greater than the price return of the index.
The total return of this index for the year is equal to the price return of the index.
The total return of an index takes into account both the price return and any dividends or distributions received from the constituent stocks. In this case, since the stocks in the index are non-dividend paying, the total return is solely determined by the price return of the index. A stock split, such as the 2-for-1 split mentioned, does not affect the total value of the index. While the number of shares is doubled, the price per share is halved, resulting in no net change in the overall value of the index. Therefore, the total return of the index, which is based on the price return, would be equal to the price return of the index.
In summary, the total return of the index in this scenario, where the stocks split 2-for-1 but no shares are sold and the stocks are non-dividend paying, would be equal to the price return of the index since the split does not impact the overall value of the index.
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Next
Finance and Budgeting: Mastery Test
Drag each label to the correct location on the image.
Carl wants to purchase a local soccer franchise. Classify the sources of finance for this new business.
angel investor
government
issued a $1,000 security that can be
converted to 100 shares after 5 years.
granted tax incentives for stadium
improvements
sanctioned a long-term loan in exchange
for collateral
buy 10% of the company in exchange
for cash
impressed with the business plan,
Mr. Doyle provided $75,000.
secured $100,000 from the sale of
common stock.
Reset
Next
banks equity
convertible bond
venture capitalist
The correct answer Finance and Budgeting statement issued a $1,000 security Granted tax incentives improvements - impressed with business plan, Mr. Doyle provided $75,000 secured $100,000 from sale of stock.
What is convertible bond?An interest-bearing fixed-income corporate debt asset known as a convertible bond has the option of being converted into a certain number of shares of common stock or equity. During the bond's term, the conversion from bond to stock is possible at specific times and is often at the bondholder's option. A convertible bond's price is particularly sensitive to changes in interest rates, the value of the underlying stock, and the issuer's credit rating because it is a hybrid product. For businesses, convertible bonds offer flexible funding options. A convertible bond gives investors access to a hybrid instrument that includes the benefits of both a bond and a stock, including interest payments. The number of shares of stock you may obtain by converting one bond in this bond depends on its conversion ratio. A 5:1 conversion ratio, for instance, indicates that one bond would equal five shares of common stock.
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under fiedler's model, the level of influence a leader has in his or her immediate work environment is called (Fill in the blank)
Under Fiedler's model, the level of influence a leader has in his or her immediate work environment is called situational control
What is situational control?Generally, Operational control of a set of interacting dynamic objects with suitable behavior is what is meant by the term "situational control," which derives from the Latin phrase "situation-position."
This kind of control involves making judgments about control in line with the environment of choice, which is always undergoing change.
According to Fiedler's concept, the term "situational control" refers to the degree to which a leader exercises influence in his or her immediate working environment.
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CQ
Under Fiedler's model, the level of influence a leader has in his or her immediate work environment is called ...............control.
which media company publishes approximately eighty-three daily newspapers in the united states?
The media company that publishes approximately eighty-three daily newspapers in the United States is Gannett Co., Inc.
Gannett is one of the largest newspaper publishers in the country and operates numerous publications across various states. Some well-known newspapers under Gannett's ownership include USA Today, The Arizona Republic, The Indianapolis Star, The Detroit Free Press, and The Milwaukee Journal Sentinel, among others. Gannett's extensive newspaper portfolio allows it to reach a broad audience and provide news coverage in different regions of the United States.
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After the meeting to address how to handle a competitor that the group fears is about to take considerable market share from the company, Terry learns that the competitor is actually laying off workers and is not likely to be the threat they thought it was. Terry decides not to tell the others about this development because the group was very confident in the decisions it made about how to better compete.
The question is incomplete:
After the meeting to address how to handle a competitor that the group fears is about to take considerable market share from the company, Terry learns that the competitor is actually laying off workers and is not likely to be the threat they thought it was. Terry decides not to tell the others about this development because the group was very confident in the decisions it made about how to better compete.
-Groupthink
-Mindguard
-Nominal Group Technique
Answer:
-Mindguard
Explanation:
-Groupthink is when a group get to an agreement without considering the consequences of the decision to avoid affecting the balance that the group has reached.
-Mindguard is when a person in the group gives limited information that can cause doubts to maintain the idea the group has.
-Nominal Group Technique is a method in which everyone is encouraged to provide ideas that are evaluated and chosen as a group to get to a quick agreement.
According to this, the answer is that this exemplifies mindguard because Terry is acting as a filter by not providing the information he knows to allow that the decisions that the group made are not affected as he doesn't want to damage the confidence the group has.
hurry!!
Emergency management plans exist to address what three things?
starvation
response
dehydration
recovery
pet safety
preparedness
Emergency management plans exist to address the three things are preparedness, recovery and response. The correct option is (B, D & F).
What do you mean by the Emergency plans?
The word describes the actions you take to ensure your safety before, during, and after a crisis or incident. Your safety in both natural and man-made calamities depends on these plans.
The current paradigm categorises disaster management into four phases: mitigation, readiness, response, and recovery. Each of these phases is the subject of entire courses.
Conducting a risk assessment to identify potential emergency scenarios is the first stage in creating an emergency response plan.
Therefore, Emergency management plans exist to address the three things are preparedness, recovery and response.
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In the dynamic aggregated demand and aggregate supply model, inflation occurs if?
In the dynamic aggregated demand and aggregate supply model, inflation occurs if the aggregate demand shifts faster than the SRAS. Therefore, the option C holds true.
What is the significance of inflation?Inflation can be referred to or considered as a situation of price hike in the rates of commodity goods and services in an economy during a given period.
An inflation occurs at a much faster rate in an economy if the shift in the aggregate demand in an economy is also faster than the total SRAS of the economy during a given period.
Therefore, the option C holds true and states regarding the significance of inflation in a dynamic aggregated demand and aggregate supply model.
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The question seems to be incomplete. It has been added below for better reference.
In the dynamic aggregated demand and aggregate supply model, inflation occurs if
A. AD shifts slower than SRAS.
B. SRAS shifts faster than AD.
C. AD shifts faster than SRAS.
D. LRAS shifts faster than AD.