in performing an attestation engagement, a cpa typically: multiple choice supplies litigation support services. assesses control risk at a low level. expresses a conclusion on an assertion about some type of subject matter. provides management consulting advice.
Answers
In an attestation engagement, the practitioner is asked to do research, evaluate, or make a claim regarding a topic that is under the purview of another party using agreed-upon methods.
What are attest services for a CPA?
A certified public accountant will independently analyse a company's financial statements as part of an attest service. (CPA). The CPA provides an attestation report with findings on the accuracy of the data.
A management's statement from the responsible party must be obtained for every attestation engagement. The people who represent the data in an attestation report are considered the responsible party. The auditor's conclusion is supported by this data.
A written judgement on the validity of a written statement made by another is provided by an auditor as part of an attestation engagement. An attestation may lead to an investigation, a review, or a report based on established protocols on an issue that is the responsibility of a different party.
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Related Questions
An applicants medical information receives from the medical informatuon bureau may be furnished to who?
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Nutrition assistance to millions of eligible, low-income individuals and families and provides economic benefits to communities. Hunger organization with a nationwide network of food banks. Provides home-delivered meals services to people who are unable to prepare their own meals.
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Nutrition assistance is a crucial component of ensuring that low-income individuals and families have access to healthy and nutritious food.
Programs such as the Supplemental Nutrition Assistance Program (SNAP) provide much-needed financial support to those who struggle to afford groceries. This not only helps to combat hunger but also provides economic benefits to communities, as increased spending on food can boost local businesses. Food banks are another important resource in the fight against hunger. Organizations like Feeding America have a nationwide network of food banks that distribute millions of pounds of food to those in need each year. By partnering with local agencies, these food banks are able to reach even the most remote communities and provide support where it is needed most.
In addition to these efforts, many organizations also provide home-delivered meals services to those who are unable to prepare their own meals. This includes seniors, individuals with disabilities, and others who may be homebound. By ensuring that these individuals have access to healthy and nutritious meals, these programs help to promote better health and wellbeing and improve quality of life. Overall, these various nutrition assistance programs and services are critical to addressing the issue of food insecurity in our communities. By working together, we can ensure that everyone has access to the healthy and nutritious food they need to thrive.
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true/false. the net present value of one project can only be directly compare to the net present value of another project if the initial investments are equal.
Answers
Answer:
Explanation:
False. The net present value (NPV) of one project can be directly compared to the NPV of another project even if the initial investments are not equal. The NPV is a financial metric that measures the value of a project by comparing the present value of its expected cash inflows to the present value of its initial investment and future cash outflows. By discounting future cash flows to their present value using an appropriate discount rate, the NPV quantifies the net value or profitability of a project.
When comparing projects with different initial investments, the NPV accounts for the differing cash flows and investment amounts. A positive NPV indicates that a project is expected to generate more value than its initial investment, while a negative NPV suggests that the project is not expected to generate sufficient returns to cover its costs.
Therefore, the NPV allows for direct comparisons between projects, regardless of whether the initial investments are equal or not. It helps in evaluating the relative desirability and profitability of different investment opportunities.
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Do you think government spending should be increased or decreased to help the economy?
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Historically, prominent economists, such as John Maynard Keynes, have advocated for increased government spending during times of economic recession to help jumpstart growth and reduce unemployment. On the other hand, proponents of decreased spending, such as followers of the Austrian School of Economics, argue that reducing government intervention allows for more efficient allocation of resources and encourages innovation within the private sector. Ultimately, the debate on government spending is ongoing and depends on a variety of factors, such as the state of the economy, the effectiveness of current policies, and the priorities of policymakers and citizens alike.
Billy never lets money stay in his pockets, he thinks if it is there he has to spend it. Often he spends it on useless "stuff". Billy works pretty hard at landscaping jobs. He's only in the 8th grade, but has goals to get a car, go to college and buy a big house. What advise do you have for him?
Answers
Answer: See explanation
Explanation:
Based on the information given in the question, the advise for Billy is that he should save his money rather than purchasing things that are useless.
He has goals to get a car, go to college and buy a big house but he's rather spending on useless stuff. This will make his goals harder to achieve but saving the money for future purpose is essential to achieve his dreams and meet other demands.
what is 5x6x4x i need help i really dont
Answers
120 if you were thinking 5x6x4..
Answer:
120 I think
Explanation:
b. Explain whether a cut in income tax is a fiscal policy measure or supply-side policy measure. (4)
c. Analyse, using a production possibility curve, the intended outcome of a supply-side policy measure. (6)
Answers
b. A cut in income tax is a fiscal policy measure.
c. The intended outcome of a supply-side policy measure is to enable higher economic growth.
How to illustrate the information?It should be noted that fiscal policy is the use of government spending and tax policies in order to influence economic conditions. It should be noted that in supply-side fiscal policy, the practitioners often focus on cutting taxes, reducing borrowing rates, and the deregulation industries to foster an increase in production.
In terms of a production possibility curve, there would shift be a shift in caoabulities. It should be noted that the production possibility curve is a country's available resources along with the maximum amounts of the two goods that are produced from those resources.
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We need to spend $20,000 per year for 3 years on new restaurant equipment. How much do we need to have in an account to afford this if we earn 5% on our investments
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You would need to have approximately $54,338.84 in an account to afford spending $20,000 per year for 3 years, considering a 5% return on investments.
To calculate the amount you need to have in an account to afford spending $20,000 per year for 3 years, considering a 5% return on investments, we can use the concept of present value.
The formula for calculating the present value of a future cash flow is:
PV = CF / (1 + r)ⁿ
Where:
PV = Present Value
CF = Cash Flow
r = Interest Rate
n = Number of periods
In this case, the cash flow (CF) is $20,000 per year, the interest rate (r) is 5%, and the number of periods (n) is 3 years.
Let's calculate the present value:
PV = $20,000 / (1 + 0.05)¹ + $20,000 / (1 + 0.05)² + $20,000 / (1 + 0.05)³
PV = $20,000 / 1.05 + $20,000 / 1.1025 + $20,000 / 1.157625
PV ≈ $18,518.52 + $18,105.69 + $17,714.63
PV ≈ $54,338.84
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Question 5 of 10
What could consumers do to help their community?
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Consumers in various ways can help their community:
Promote Local Business- One of the most amazing ways of supporting your local area is to assist different organizations nearby. Purchase nearby as frequently as could be expected and saved a region of your site to connection to your neighborhood companies. Cross organizing with non contending organizations with comparative business sectors assists you with contacting more individuals and assist with outing other neighborhood entrepreneurs very much like you.Sponser an Event- Supporting a member in a neighborhood long distance race can be an extraordinary method for showing support , particularly on the off chance that you can uphold your own representatives who are partaking in such occasions.Adopt a Brick- Infrequently new urban structures will offer nearby occupants the choice of buying a block or stone,either on a walkway or building . Such a buy offers you the chance to add to advance while likewise partaking in a little exposure.To learn more about consumers from the given link:
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A new business has total sales of $14,000, applied $1,350 in merchandise discounts, and had returns of $234. Calculate the business's total net sales.
Answers
Answer:
$12,416
Explanation:
Applied merchandise discounts mean discounts issued.
The net sales will be total sales minus merchandise discounts applied minus returns.
Net sales = total sales - ( discounts + returns)
Net sales = $14,000 - ( $1,350 + $234)
Net sales = $14,000 - $1,584
Net sales = $12,416
. ray cortez rented a 16-foot truck to move into his new
apartment. he rented the truck for 2 days at a cost of
$37.50 per day plus $0.79 per mile. the collision waiver cost
$20.00. gasoline cost $74.60. ray drove 220 miles. what was
his cost per mile?
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$343.40 is the total cost
Cost per mile = 343.4/220 = $1.56 per mile
What important determinant of leadership became the focus of leadership theories after the behavioral studies?
Answers
The situation is the important determinant of leadership which became the focus of leadership theories after the behavioral studies.
Researchers using the features and behavioral attitudes pointed out that effective leadership pivots on several variables, like institutional culture and aura and acolyte effects. No one feature was common to all effective leaders. No one type was successful in all situations.
That is why , researchers started trying to recognize those elements in each situation that influenced the effectiveness of a selected leadership style. The eventuality approach to leadership is the outlook that the leadership style mostly contribute to the achievement of organizational goals, It might differ in different situations.
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What two things should be included when summarizing?
1.Numbers
2.Main idea
3.Key points
4.Names
Answers
3. key points
Main idea and also Key points
Bank refuses to give laszlo a mortgage unless an accommodation party signs the instrument as well. laszlo's sister lana signs the loan and writes, "i guarantee collection." can wainwright claim directly against lana without first demanding payment from laszlo?
Answers
It is false statement that Wainwright bank can claim directly against Lana without first demanding payment from Laszlo.
Who is an accommodation party?In a legal term, the accommodation party is used in an commercial transactions and refers to the individual who has agreed to act as guarantor to assist another's access to a loan or credit extension.
Despite that Lana is a guarantor for the loan, she is not liable for outright repayment of the mortgage, rather, Laszio is. Therefore, It is false statement that Wainwright bank can claim directly against Lana without first demanding payment from Laszlo.
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If a stadium sells 40,000 seats sold at $20, $22.50, and $25 and $28 equally distributed in four sections, how much can be made if the stadium sells out?
Answers
section B = 14,900 seats
section C = 7,600 seats
Amount of stadium sells out is $955,000
Given:
Number of stadium sells = 40,000
Four section cost = $20 , $22.5 , $25 , $28
Find:
Amount of stadium sells out
Computation:
Average price = [20 + 22.5 + 25 + 28] / 4
Average price = [20 + 22.5 + 25 + 28] / 4
Average price = 95.5 / 4
Average price = $23.875
Amount of stadium sells out = Number of stadium sells × Average price
Amount of stadium sells out = 40,000 × $23.875
Amount of stadium sells out = $955,000
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what is it called when you earn interest on both the money you deposit, plus any interest you earned previously?
Answers
Answer:
Compound interest
Explanation:
You earn interest on your interest, depending on how often it compounds.
An immediate dilution to earnings per share (EPS) would be least likely to occur from A) a 2:1 stock split. B) conversion of debentures. C) refunding a bond at par. D) a 10% stock dividend.
Answers
Answer:
B) conversion of debentures.
Explanation:
Debentures are a type of bond, they are basically unsecured bonds. In this case, some debentures are convertible into stocks and when this happens, earnings per share will be diluted immediately. Diluted earnings per share is basically what earnings per share would be if all the convertible stock options, bonds, etc., would converted into common stocks.
What is the integral part of research?
Answers
Ethics is considered to be an integral part of research from the beginning to the end.
Research is considered to be very critical to societal development. As the research is conducted to study and then generate knowledge, provide useful information, and help the decision-making, among others.
However, ethics are considered to be an important part of the research. Thus, there are several reasons that why it is important in order to adhere to ethical norms. First, the norms tend to promote the aims of research. Research methods are specific procedures to collect and analyze data.
Hence, it also promotes knowledge, truth, and avoids any error.
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What is your current role as a team member either at work, school, family, or sports? How will that role change in the future?
PLEASE ANSWER
Answers
The full cost of attendance to an institute of higher education, including tuition, room and board, books and other costs is known as _____.
A. Sticker price
B. A full ride
C. The reduced price
D: The net cost
Answers
Answer:
A. Sticker Price
Explanation:
The full cost of attendance to an institute of higher education, including tuition, room and board, books and other costs is known as Sticker Price.
The Big Hotel Brand has instituted a coaching program. What are the likely results?
The expenses for coaching will be higher than that of other types of training, but it is worth it.
Managers will find coaching too time consuming in the long run.
Productivity will be diminished because employees work less.
The hotel will develop a deep bench of talent.
Answers
Answer:
The expenses for coaching will be higher than that of other types of training, but it is worth it.The hotel will develop a deep bench of talent.Explanation:
The essence of coaching is to develop and support individuals to maximize their potential. In coaching, an more competent and experienced person, the coach, offers instructions and guidance that helps the learner unlock their abilities.
Coaching empowers individuals by developing their soft and interpersonal skills. It prepares them for bigger responsibilities in an organization. Coaching is costly in terms of budgets and the time-off that employees and managers require for the activities. However, the benefits of more competent and efficient employees outweigh the costs. Coaching ensures a company has a readily available pool of talents to take up higher positions or fill any vacancies should they emerge.
What is a primary benefit of starting a new business without purchasing a franchise or buying an existing business?
1. Less record keeping
2. Lower financial risk
3. You can apply your own experience
4. Developing your own rules
Answers
Answer:
4.
Explanation:
Instead of having to follow a franchises rules or prexisting rules at the existing business you can develope your own affecting costs and overall efficiency of your company.
The primary benefit of starting a new business without purchasing a franchise or buying an existing business is developing your own rules. Thus, option fourth is correct.
What is business?A business is described as a firm or organization that engages in economic, industrial, or professional activity. Businesses can be either for-profit or non-profit organizations.
Limited liability firms, sole proprietorship, companies, and partnerships are all elements of marketing structures.
The first step of the business is to prepare the budget. As contrast to satisfying the financial criteria of purchasing a franchise or a running firm, you can tailor your new business to match your available cash, such as by working from home or part-time.
Therefore, it can be concluded that option fourth is correct.
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Merchandise purchases are paid in full during the month following purchase. Accounts payable for merchandise purchases on June 30, which will be paid during July, total $139,398. Salaries, Advertising and Rent Payment expenses are all paid in cash in the month incurred. Depreciation expense is shown on the income statement each month. Equipment costing $10,498 will be purchased for cash during August. Calculate total cash payments budgeted for August.
Answers
Answer:
A lot of information is missing, so I looked for a similar example. If the numbers are not exactly the same, just adjust the differences.
Direct materials purchases:
July $152,000August $164,00020% of accounts payable paid during the month, 80% paid next month.Salaries, Advertising and Rent (paid during the month):
salaries $35,090advertising $12,000rent $8,000debt payments $1,550 (interests)Depreciation expense is not included because it is not a cash outflow.
Other purchases:
Equipment for $10,498Fein Company
Schedule of Cash Payments
For the Month of August 202x
Direct materials:
From July purchases $121,600
From August purchases $32,800
Total direct materials $154,400
Other purchases:
Equipment for $10,498
Total other purchases $10,498
Fixed expenses:
Salaries $35,090
Advertising $12,000
Rent $8,000
Interests on debt $1,550
Total fixed expenses $56,640
Total cash payments $221,538
Assuming an Oil and Gas company undertaking a project wish to gain a better understanding of their reservoirs to improve recovery by investing in reservoir simulation and modeling study. Assuming history matching proves successful, what reserve classification will be most appropriate under the PRMS. What reserve classification and range of uncertainty should development plans be made?
Answers
Assuming history matching proves successful, the most appropriate reserve classification under the PRMS would be proved reserves.
If an oil and gas company undertaking a project wishes to gain a better understanding of their reservoirs to improve recovery by investing in reservoir simulation and modeling study and assuming history matching proves successful. The range of uncertainty for development plans should be no more significant than the certainty level established by geoscience and engineering data that supports proved reserves.
Moreover, to be recognized as a proved reserve, the entity must have three criteria that include being technologically feasible, economically viable, and legally permitted. It means that it can be produced, marketed, and sold at current prices in a given market while also complying with environmental and regulatory requirements.
The reserve classification under the PRMS that is most appropriate and the range of uncertainty for development plans should be no more significant than the certainty level established by geoscience and engineering data that supports proved reserves.
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In a push based system of distribution which relies on selling to customers through a sales force and retail partners, managers direct their promotional efforts more towards
Answers
Answer:
a) channel members.
Explanation:
A push-based distribution system can be defined as one whose production plan is directed from management to the market, where products are sent through a channel until they reach retailers, and then to the final consumer.
Therefore, managers direct their promotional efforts more towards channel members, so that the path that the product goes through to reach the final consumer is effective so that the product arrives in the right way, in the right quantity and at the right time to the consumer. Effective management of the company 's distribution channel helps to reduce costs, reduce delays, speed up the capacity to meet demand, increase customer satisfaction, etc.
Review each of the investment opportunities provided by earl investments and pima financial trading. in a three paragraph essay (a minimum of 4-5 sentences), write an analysis of these opportunities that answers the following questions. based on the evidence available to you, which investment opportunity is more likely to be fraudulent? what are the true risks of investment with this company, and does the company accurately describe these risks? what are the potential returns on an investment, and does the company accurately describe these returns?
Answers
Every investment entails certain risks and hazards. There is always some element of risk involved with undertaking any venture, whether it be with regard to real estate, stocks, goods, joint assets, or anything else.
Every investment entails certain risks and hazards. There is always some element of risk involved with undertaking any venture, whether it be with regard to real estate, stocks, goods, joint assets, or anything else. Additionally, when indicating the consent of speculating, they do include the risk element, which is frequently ignored by the financial expert at the time of marking the agreement .
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A time-series trend equation is 25.3 + 21 x. What is your forecast for period 7? 0 40.0 324.1 25.3 32.3 O 172.3
Answers
The forecast for period 7 is 172.3. The correct answer is: 172.3
To forecast for period 7 using the given time-series trend equation of 25.3 + 21x, we need to substitute x with the corresponding period number.
For period 7, x would be 7. So, we plug in x = 7 into the equation:
Forecast for period 7 = 25.3 + 21(7)
= 25.3 + 147
= 172.3
Therefore, the forecast for period 7 is 172.3.
The correct answer is:
172.3
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How do credit card companies use a person's credit report?
A.) To determine if that person should be given a loan or credit card
B.) To calculate how much interest the person is owed on their account
C.) To help them figure out ways to pay off their outstanding debt
D.) To figure out if that person has been using a budget
Answers
Answer:
The answer is the letter A
Answer:
A
Explanation:
PLSS HELP -->> societies make decisions about who gets the goods they produce by:
A. dividing goods based on the factors of production used to make them
B. determining whether a good has a high enough level of scarcity
C. considering whether the government should distribute the goods
D. differentiating between goods created using physical and human capital
Answers
Answer: C
Explanation: it’s c
Societies decide the distribution of goods being produced by considering if the government should take control of the same.
What is distribution of goods?The allocation of goods being produced in a society, which may or may not be under authority of a person, is known as distribution of goods.
Hence, option C holds true regarding the distribution of goods.
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Which of the following is an intangible noncurrent asset?
Answers
Answer:
Trademark
Explanation: