The risk of overreliance is 5%, EDR is 2, TRD is 5, and the number of deviations found is 3. The auditor should:
Conclude that controls are not operating effectively.
Conclude that controls are operating effectively.
Conclude that tolerable misstatement has been exceeded.
Conclude that CR
Answers
The auditor should option A) conclude that controls are not operating effectively.
Given, The risk of overreliance is 5%, EDR is 2, TRD is 5, and the number of deviations found is 3. The auditor should conclude that controls are not operating effectively. Auditors will analyze the outcomes of their audit testing of internal controls in order to figure out whether the controls are working effectively or not. In particular, auditors may use control risk assessments to help them evaluate whether controls are effective. If the risks of overreliance and underreliance are equal, it is concluded that the controls are not working effectively. As a result, the auditor concludes that the risk of overreliance is higher than the risk of underreliance, and that the controls are not working effectively. So, the auditor should Conclude that controls are not operating effectively.
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Related Questions
A diverse work team is more likely to Group of answer choices be unproductive. spend more money on a project. follow a standard decision making process. come up with novel solutions to a problem.
Answers
A diverse work team is more likely to come up with novel solutions to a problem. This is because a diverse team brings together individuals with different backgrounds, experiences, and perspectives, which can lead to a greater range of ideas and approaches to solving a problem.
In addition, diverse teams are often better equipped to understand and address the needs of a diverse customer base, which can be a significant advantage in today's global marketplace.
While some might argue that a diverse team could be unproductive or spend more money on a project, these concerns are largely unfounded. Research has shown that diverse teams can actually be more productive and innovative than homogenous teams, as long as they are managed effectively. For example, managers can help ensure that all team members have an equal opportunity to contribute to the project, and that communication and collaboration are facilitated effectively.In terms of decision-making processes, a diverse team may face some challenges due to differences in communication styles, cultural norms, and other factors. However, if managed well, these differences can actually lead to a more robust and thoughtful decision-making process. By taking the time to consider multiple perspectives and approaches, the team is more likely to arrive at a decision that takes into account a broader range of factors and considerations.
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Alice loves all animals and is starting a new grooming business for dogs. She believes that animals are very important and plans to exceed any applicable regulations regarding cleanliness and health standards. Alice thinks some local regulations make no sense. For example, there is a local ordinance that all dogs must be kept on a leash at all times when not in a fenced area. Although Alice lives on a large lot with plenty of room for dogs to run free, she plans to obey the leash regulation and all others. She is aware, however, that members of the community have had success in changing local regulations by petitioning city council. Alice plans to proceed in that manner to attempt a change in the leash law. Alice's idea that dogs have basic rights, and her plan to exceed laws involving cleanliness and health standards is rooted in which of the following?A. Legal positivism.
B. The historical school.
C. Legal realism.D. Natural law.
E. Cost-benefit analysis.
Answers
Answer:
D. Natural law.
Explanation:
As a concept, natural law states that everyone, including people, animals and all other living things, e.g. trees, have God given or natural rights. These rights include our right to live and be free, and are not established by any law created by humans, instead we (and the rest of living creatures) are born with them. Laws made by human societies have no right to interfere or break natural laws, since natural laws are the basis of all other laws.
Some people believe that natural law only applies to humans, but others, e.g. ecologists and animal lovers, believe that they apply to all living creatures.
a corporation and in the final States for filing statements to issue their stock to investors this stock issue was closely monitored by the blank
Answers
The corporation and the final states for filing statements to issue their stock to investors was closely monitored by the SEC. The Option C.
Who closely monitored the corporation's stock issue?The Commission monitored the corporation's stock issue. The SEC is a government agency responsible for regulating and overseeing securities transactions including the issuance of stocks by corporations.
Its main objective is to protect investors and maintain fair and efficient markets. It also reviews the corporation's filings and ensures compliance with relevant securities laws and regulations. By closely monitoring the stock issue, its safeguard the interests of investors and promote transparency and integrity in the financial markets.
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what happens when ethanol is refluxed with acidified sodiumheptaoxodiochromate(4) solution for a long time
Answers
Answer:
1-butanol
Explanation:
Which of the following is not true regarding the Statement of Revenues, Expenses, and Changes in Net Position for a public college?
a) State appropriations and Pell Grants are reported as operating revenue.
b) Revenues from residence halls, dining services and bookstores are reported as Auxiliary Enterprises - within operating revenue.
c) Expenses associated with central management, planning and administration are classified as Institutional Support.
d) None of the above, these are all true
Answers
d) None of the above, these are all true regarding the Statement of Revenues, Expenses, and Changes in Net Position for a public college
All of the statements provided are true regarding the Statement of Revenues, Expenses, and Changes in Net Position for a public college:
a) State appropriations and Pell Grants are reported as operating revenue: State appropriations and Pell Grants, along with other sources of funding, are typically considered operating revenues for a public college. These revenues contribute to the operational activities and financial resources of the institution.
b) Revenues from residence halls, dining services, and bookstores are reported as Auxiliary Enterprises - within operating revenue: Revenue generated from auxiliary enterprises such as residence halls, dining services, and bookstores is typically classified as a separate category within operating revenue. These enterprises are often self-supporting and provide services to students and the campus community.
c) Expenses associated with central management, planning, and administration are classified as Institutional Support: Expenses related to central management, planning, and administration are generally categorized as institutional support. These expenses include activities such as executive leadership, financial management, human resources, and legal services, which support the overall functioning of the institution.
Therefore, the correct answer is d) None of the above, these are all true.
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Hello (●’◡’●)ﾉ pls help
Is from economy class
3.08 free trade and barriers
Answers
Paragraph 1: Introduction- The exchange boundary talked about within the article is "Biden's Hesitant Approach to Free Exchange." This tells about the cautious position taken by President Biden towards free exchange assertions and the potential boundaries he has forced or plans to force.
What is the free trade about?Article Outline:
The most thought of the news article is that President Biden's approach to free exchange has drawn backfire from different partners. The article was written by an creator (not indicated) and distributed within The Modern York Times.
Article Investigation: The article does not really express suppositions on the exchange issue, because it presents a truthful account of President Biden's approach to free exchange and the responses it has gotten from different partners.
Conclusion: My takeaway from this exchange case is that there are complex issues and trade-offs included in free exchange and exchange obstruction arrangements.
Citation:
Author(s). "Biden's Hesitant Approach to Free Exchange Draws Backfire." The Modern York Times, Date of distribution, URL (in case accessible).
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See text below
3.08 free trade and barriers
The New York Times
Biden's Reluctant Approach to Free Trade Draws Backlash
Paragraph 1 Introduction
Which trade barrier(s) is (are) discussed in the article you found? What is this type of barrier, and how does it generally work? In general, who is it expected to benefit, and how?
Paragraph 2-Article Summary
What is the main idea of the news article you found? Who wrote and published it? What type of trade issue(s) does the article focus on? What people and/or organizations have an interest in this trade
issue?
Paragraph 3-Article Analysis
What opinions on the trade issue are expressed in the article? Whose opinions are they? (The author might express their own opinion and/or those of political leaders and affected industry organizations.) Which opinion has the most support as presented in your news article? Does this reflect a potential bias of the author or the publisher?
Paragraph 4-Your Position
What is your reaction to the news article? Do you think the current events regarding this trade issue will be helpful or harmful to the affected U.S. industry? Will it benefit the overall U.S. economy? What would you recommend to political leaders who must make a decision on the issue?
Paragraph 5-Conclusion
What is your main takeaway, or memorable idea, from having read and considered this trade issue? How could the outcomes described or anticipated in the news article affect U.S. consumers? What do you think they should know about it?
You must include a list of citations for the news article and any other sources you used to complete this assignment. Use proper MLA format to compose your citations.
7. Why do you think the graduation and retention rates for your selected colleges are displayed at the bottom of
the SAR? How might that information impact your college selection process?
Please I need help I speak little English
Answers
Answer:
It is on the bottom so you can compare the graduation and retention percentages all together and choose one together.
Explanation:
Because what if the college you want has low graduation rates, that would be bad for you, so by including it on the bottom, you calook at them all together and choose the best for you.
The graduation and retention rates are displayed at the bottom of the Students Aid Report in order to
The Students Aid Report refers to the document that gives a student the basic information that will be vital on knowing the eligibility for the Federal financial aid.The graduation rate is important as it helps the student to know the quality of the school. It is also vital as it helps the person in knowing the number of students who finish their degrees as at when due.With the graduation and retention rates for the colleges displayed at the bottom of the Students Aid Report, students can make right choices about the schools.In conclusion, with the above information, the student can then choose the best school that he believes will be good for him or her.
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(15%) Under the assumptions of the BSM model, consider a binary option on a non-dividend paying stock with a strike price of $30 per share and one year to expiry. The stock's current price is $20 per share, its continuously compounded expected return (or growth rate) is 10% per annum, and its volatility is 20% per annum. Finally, the continuously compounded risk-free rate is 3% per annum. A) (5%) Calculate the current price of the binary option. B) (5%) Determine the real-world expected payoff on the binary option. Hint: The expected payoff of a binary option is the probability of the payoff event. C) (5%) Determine the binary option's real-world, continuously compounded expected return
Answers
A) The current price of the binary option can be calculated using the Black-Scholes-Merton (BSM) model. However, the BSM model is typically used for pricing European-style options, while binary options have a fixed payout structure. In the case of a binary option, the price is determined by the probability of the underlying asset reaching a certain level (in this case, the strike price) at expiry. Therefore, without additional information about the specific payout structure of the binary option, it is not possible to calculate its current price.
B) The expected payoff on a binary option is the probability of the payoff event occurring. In this case, the payoff event is the stock price reaching or exceeding the strike price of $30 per share at expiry. To determine the real-world expected payoff, we need to calculate the probability of this event occurring. Since the BSM model is not directly applicable to binary options, we cannot rely on its calculations for probability. Without further information on the specific conditions or payout structure of the binary option, it is not possible to determine the real-world expected payoff.
C) Similarly, without the specific payout structure of the binary option, it is not possible to determine its real-world, continuously compounded expected return. The expected return would depend on the probabilities of different scenarios and their corresponding payouts. The BSM model, which is commonly used to calculate option prices and expected returns, is not applicable in this case. Without additional information, it is not possible to determine the binary option's real-world, continuously compounded expected return.
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office depot knows that maintenance and repair services offered by the manufacturer are important to buyers of copy machines. if the copier does not function correctly, the office depot customer wants to be sure that it can be fixed or replaced at no extra charge and in a timely, convenient manner. in this case, the product can best be classified as .
Answers
The product can be classified as a combination of the product and the service.
The combination of a product and a service can be defined as a product-service hybrid. The combination of product and service also known as service product, also can be defined as a business offers a service and a product or a good together as its practice. The combination of product and service is also called service-good mix, and it can refer to many different types of businesses in all different industries.
There are 4 types of service-good mix, such as:
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When shopping for life insurance, the best strategy is to: a. follow your agent’s recommendations. they are the experts and it is the agent's job to make sure you get the products that are right for you. b. buy your coverage through your employer, if possible. c. figure out how much you need, then comparison shop using the web and other resources. d. wait until you are older so that you can buy a cheaper, shorter term policy. please select the best answer from the choices provided a b c d
Answers
The best strategy when shopping for life insurance is to: c. figure out how much you need, then compare shops using the web and other resources.
When shopping for life insurance, it is important to first determine how much coverage you need. This can be based on factors such as your income, financial responsibilities, and any dependents you have.
Once you have an idea of the coverage you need, use the internet and other resources to compare different life insurance providers and their policies. This will allow you to find the most suitable coverage at the best price for your specific needs.
While it is true that agents have expertise in the field, relying solely on their recommendations may not always result in the most suitable policy for your situation. Similarly, while buying coverage through your employer might be convenient, it may not provide the best coverage or pricing options.
Finally, waiting until you are older to purchase a policy can actually result in higher premiums, as life insurance rates tend to increase with age.
By taking the time to research and compare different options, you can ensure that you are making an informed decision when purchasing life insurance, ultimately selecting the policy that best fits your needs and financial situation.
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ways in which government can regulate the setting up of businesses
Answers
Answer:
Tax Code. For most small business owners, government regulation questions almost always begin with taxes. ...Employment and Labor Law. ...Antitrust Laws. ...Advertising. ...Email Marketing. ...Environmental Regulations. ...Privacy. ...Licensing and Permits.Hope this is helpful to you
Read this passage.
Which aspect of marketing (branding, promotion, or market research) is the most important for companies to consider
when doing business in the global economy, and why? Write one or two paragraphs to respond to this question. Support
your response with examples or other details.
<< Read Less
Answers
Answer: The most important aspect of marketing that has to be considered by the business communities is the "Market research".
Explanation: "Market research" is more vital for any businesses from emerging start ups to leading businesses as it provides a compact strategy for developing the business with consumer preference and helps in knowing the current economic rate.
Most importantly, it is a fact that the Market research is used as a "business strategy" by tiering businessmen over the globe which them a high success percentage. It aids to reform the organization's goal concerning the interest of consumers and thereby improvises the "business growth potentially".
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A principle offers broad goals while leaving human beings in charge. True False Which of the following is an example of saving? Putting money into a savings account Putting money into a checking account Money that you use to pay your taxes All of the above. Which sector is the most stable sector in the economy? Consumption. Business. Government. Foreign. Which of the following is a false statement? Austrian economists criticize the Full Employment and Balanced Growth Act of 1978 The Employment Act of 1946 empowered the federal govemment to pursue mocimum employment, production, and purchasing power Expansions and recessions occur at irregular intervals and last for varyigg lengths of time. Austrian cconomists believe that we can climinate the business cycle.
Answers
The statement "A principle offers broad goals while leaving human beings in charge" is True.Savings refers to a fund which is kept aside by an individual for later use. An example of saving is putting money into a savings account.The government sector is the most stable sector in the economy.
A principle is a broad, and general statement that offers a direction for an organization or an individual, it leaves the individual or an organization to determine the exact way to achieve the principle by themselves. Thus, it is true that a principle offers broad goals while leaving human beings in charge. Savings are typically funds that are kept aside for future use, rather than immediate use. Putting money into a savings account is an example of saving.
This is because the government has the power to raise taxes or borrow money in order to pay for its expenses, unlike individuals and businesses. In addition, government employees are typically paid a fixed salary, regardless of the state of the economy. Austrian economists believe that it is impossible to eliminate the business cycle. This is a false statement.
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Peggy grey's cookies has net income of $390. the firm pays out 40 percent of the net income to its shareholders as dividends. during the year, the company sold $84 worth of common stock. what is the cash flow to stockholders? multiple choice $240.00 $72.00 $122.40 $156.00 $234.00
Answers
The cashflows to stockholders therefor is A. $240.00.
How to calculate the cashflows of stockholders?The movement of cash into and out of a business over a specific time period is referred to as cash flow. It is the net amount of cash and cash equivalents that enter and leave a business over a specified time period, such as a month or a year.
Dividends paid to shareholders are computed as follows:
Dividends = net income multiplied by dividend payout ratio
Dividends = $390 divided by 0.40
Dividends equal $156.
The cash flow to stockholders can be calculated as the sum of dividends paid and proceeds from common stock sales:
Cash flow to stockholders = Dividends + Sale of common stock
Cash flow to stockholders = $156 + $84
Cash flow to stockholders = $240.00
As a result, the correct answer is A. $240.00.
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Which of the following is most likely to be a variable cost?A) interest on business loans B) real estate taxesC) rental payments on IBM equipment D) fuel and power payments
Answers
option D) fuel and power payments. Variable costs are expenses that change in direct proportion to the level of production or business activity.
They vary based on the volume of goods or services produced or sold. Fuel and power payments are typically considered variable costs because they increase or decrease based on the level of energy consumption required for production. On the other hand, the options A) interest on business loans, B) real estate taxes, and C) rental payments on IBM equipment are typically fixed costs or semi-variable costs. Fixed costs remain constant regardless of the level of production or business activity, such as interest payments on loans or real estate taxes.
Semi-variable costs have both fixed and variable components, such as rental payments that include a fixed base fee plus additional charges based on usage or duration.
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QUESTION 10 All perpetuity formulas involve the present value formula. O True O False
Answers
The statement "All perpetuity formulas involve the present value formula" is true because the present value (PV) formula is an essential component of perpetuity formulas.
The present value formula is used to determine the current value of future cash flows, based on a discount rate, which takes into account the time value of money.
In the case of perpetuities, the formula is simplified to PV = C / r.
Where C is the periodic cash flow (which is assumed to be constant), and r is the discount rate or the required rate of return. This formula assumes that the cash flow will continue indefinitely, and the present value is calculated as the discounted value of an infinite stream of cash flows.
Therefore, all perpetuity formulas involve the use of the present value formula to calculate the current value of the infinite stream of cash flows.
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Opportunity costs are irrelevant costs when doing capital budgeting analysis.
a) true
b) false
Answers
Opportunity costs are irrelevant costs when doing capital budgeting analysis. The given statement is FALSE.
Opportunity cost is the advantage that was lost because a particular option was not selected.
It is necessary to weigh the advantages and disadvantages of each choice offered in order to correctly assess opportunity costs.
Opportunity costs have a value that can help people and businesses make more lucrative decisions.
Opportunity cost is a wholly internal expense that is only utilized for strategic consideration; it is not included in accounting profit and is not reported externally.
Costs that won't be impacted by a managerial choice are irrelevant costs.
Expenses that will be impacted by a managerial choice are relevant costs.
When you choose one course of action over another, irrelevant expenses won't change in the future.
Sunk expenses, committed costs, and overheads are examples of irrelevant costs because they cannot be avoided.
Hence, the given statement is FALSE.
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multiple choice
1. informs the reader of where each section of the plan is located
2. provides an overview of the business
3. includes a description of the good or service, goals, mission and vision statements, and proposed location
4. describes the organizational structure of the business and the management team.
5. includes documents to support the plan, such as resumes and financial statements
6. describes start up capital and source of funds
7. presents the name of the company, the owner, and the date the plan is presented
8. List the resources that were used to develop the business plan
9. summarizes why the business will be successful and request financing
10. describes industry conditions, economic conditions, and competition, and specifies the target market
the choices are A. appendices B.bibliography C. Business description D. conclusion E. executive summary F. Financial plan G. market evaluation H. operations I. table of contents and J. Title page
Answers
Answer:
1. I
2. E
3. C
4. H
5. A
6. F
7. J
8. B
9. D.
10. G
Explanation:
1. Table of contents: informs the reader of where each section of the plan is located.
2. Executive summary: provides an overview of the business.
3. Business description: includes a description of the good or service, goals, mission and vision statements, and proposed location.
4. Operations: describes the organizational structure of the business and the management team.
5. Appendices: includes documents to support the plan, such as resumes and financial statements.
6. Financial plan: describes start up capital and source of funds.
7. Title page: presents the name of the company, the owner, and the date the plan is presented.
8. Bibliography: List the resources that were used to develop the business plan.
9. Conclusion: summarizes why the business will be successful and request financing.
10. Market evaluation: describes industry conditions, economic conditions, and competition, and specifies the target market the choices are.
In a bad economical crisis what are ways to overcome
Answers
Answer:
figure out different ways to invest and save your money maybe buy cheaper but good quality products
Explanation:
cause i said so
Answer:
Maximize Your Liquid Savings. ...
Make a Budget. ...
Prepare to Minimize Your Monthly Bills. ...
Closely Manage Your Bills. ...
Take Stock of Your Non-Cash Assets and Maximize Their Value. ...
Pay Down Your Credit Card Debt.
Explanation:
List 3 responsibilities that a consumer has when making a purchase.
Answers
Answer:
check receipt, know the return policy, read the fine print
Explanation:
Welcome
when a person prepares a message to send to another person at the start of the communication process, it is known as: decoding
Answers
when a person prepares a message to send to another person at the start of the communication process, it is known as: decoding, is the false sentence.
What is communication process?There are five steps in the communication process: concept generation, encoding, channel selection, decoding, and feedback. Noise is something that obstructs effective communication. Each stage of communication can be hampered by noise.
The eight crucial components of communication are source, message, channel, receiver, feedback, environment, context, and interference. Communication involves understanding, sharing, and meaning.
Thus, it is a false statement.
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According to the video, what are a Computer Programmer's real skills? Check all that apply.
✅breaking down a job into small steps
❌researching what customers want
✅anticipating problems
❌selling software products
❌coordinating a group of workers
Answers
Answer:
1 3 thx for the answer!
Explanation:
Answer:
THANK YOU SO MUCH
Explanation:
________ are aimed at helping employees restore resources that have been diminished by their work environment.
Answers
Employee assistance programs (EAPs) are aimed at helping employees restore resources that have been diminished by their work environment.
These programs provide confidential counseling and support services to employees who are dealing with personal and work-related issues. EAPs offer a range of services, such as mental health counseling, substance abuse treatment, financial counseling, and legal assistance.
By providing employees with access to these services, EAPs help them to reduce stress and improve their overall well-being. The goal of EAPs is to help employees overcome the challenges they face, so they can return to work refreshed and ready to perform their job duties. EAPs can also benefit employers by reducing absenteeism and turnover, improving productivity and morale, and lowering healthcare costs.
Overall, EAPs are a valuable resource for employees who need support to manage the demands of their job and personal life.
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Choose the best answer. Internal operations integration:
The full potential of management information to plan and coordinate operations
The creation of operational linkages with material and service providers
The highest level of the organization to facilitate integration
The knowledge and achievement level essential to developing integrated performance
The joint activities within a firm
Answers
Internal operations integration refers to joint activities within a firm aimed at achieving the full potential of management information, creating operational linkages, facilitating integration at the highest level of the organization, and developing integrated performance. The best answer would be "The joint activities within a firm."
Internal operations integration encompasses the coordination and alignment of various activities within a firm to optimize performance and achieve organizational goals. It involves integrating different functions, departments, and processes to enhance efficiency and effectiveness."The joint activities within a firm" best capture the essence of internal operations integration. It signifies the collaborative efforts and coordinated actions taken by different stakeholders within the organization to streamline operations, improve communication, and drive overall performance.
Internal operations integration enables the full potential of management information to be realized. By aligning information systems, data, and analytics across different functions, it allows for better planning, decision-making, and coordination of operations. This integration ensures that relevant and accurate information flows seamlessly throughout the organization, enabling managers to make informed choices and allocate resources efficiently.
Moreover, internal operations integration involves creating operational linkages with material and service providers. This means establishing strong relationships and collaboration with suppliers and partners to ensure a smooth and integrated supply chain. By aligning processes, systems, and goals with external stakeholders, organizations can enhance their operational efficiency, reduce costs, and improve customer satisfaction.
At the highest level of the organization, internal operations integration facilitates integration across various functions and departments. It involves aligning strategic objectives, establishing clear communication channels, and promoting a shared vision and culture throughout the organization. This top-down approach ensures that all levels of the organization work in harmony towards common goals, fostering a cohesive and integrated operational environment.
In summary, internal operations integration encompasses joint activities within a firm that aim to leverage management information, create operational linkages, facilitate integration at the highest level, and develop integrated performance. By fostering collaboration, aligning processes, and optimizing resources, internal operations integration enhances organizational performance and competitiveness.
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clay offers to pay dot $50 for a golf lesson for erin. they agree to meet the day after tomorrow to exchange the cash for the lesson. these parties have
Answers
The parties offering to pay $50 for a golf lesson for Erin and agreeing to meet the day after tomorrow to exchange the cash for the lesson are known as the "contracting parties."
In legal terms, a "contracting party" refers to the parties that are bound by a legal agreement. In the given scenario, Clay and Erin are the contracting parties since they are the ones who have entered into a contract for a golf lesson.
A contract is a legal agreement between two or more parties that is enforceable by law. It is an agreement in which both parties agree to do something or to refrain from doing something. The terms of the contract must be clearly defined, and both parties must agree to them.
In this case, Clay has agreed to pay Erin $50 for a golf lesson, and Erin has agreed to teach Clay golf.
In conclusion, the contracting parties in the given scenario are Clay and Erin, who have entered into a contract for a golf lesson. The agreement between the two parties is legally binding and can be enforced by law.
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based on the production possibilities schedule, what letter would represent the most allocatively efficient point if a country had
ust signed a large international trade deal to export ethanol?
Answers
The letter that would represent the most allocatively efficient point if a country had just signed a large international trade deal to export ethanol is F.
What is allocative efficiency?Allocative efficiency refers to the specific choice of the mix of production along the production possibilities frontier that achieves the best production outcome.
Based on the preferred export of a large quantity of ethanol, the best allocative efficiency that the country can achieve would be to produce more corn instead of tomatoes, which it can import at a cheaper rate.
Thus, the letter that would represent the most allocatively efficient point if a country had just signed a large international trade deal to export ethanol is F.
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How does loadshedding affect consumers in South Africa?
Answers
Answer:
The load shedding break-out caught many unsuspecting South African households unaware as little to nothing had been announced about it. Businesses, especially petrol stations without any form of back-up energy were forced to close shop for close to five hours while others quickly cranked their generators to life just to keep the lights and the pumps on. Individual households were not spared either as they were also left in the darkness. The South African Insurance Association is acutely aware of the risks that comes with such intermittent power surges to household appliances.
Explanation:
(1) An S corporation must possess which of the following characteristics?
a. Not more than one hundred shareholders.b. Corporation organized in the U.S.c. Only one class of stock.d. All of the above are required of an S corporation.e. None of the above are required of an S corporation.
Answers
An S corporation is prohibited from going public and is only permitted to have 100 shareholders, which restricts its ability to raise money from new investors.
Thus, the correct option is A.
What is S corporation?A business form known as a S corporation is one that is allowed by the tax code to distribute its taxable income, credits, deductions, and losses to its shareholders directly.
This provides it certain advantages over the more popular C corp. The S corp, an alternative to the limited liability company, is only available to small firms with 100 or fewer stockholders (LLC).
S corporations and LLCs are both referred to as "pass-through entities" because they don't pay corporate taxes; instead, they pay their shareholders, who are then in charge of paying the necessary taxes.
The Internal Revenue Code's Subchapter S, which they have chosen to be taxed under, gives S corporations their name.
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1.Opportunity cost is the cost of something in terms of giving up the next best thing?
True/False
2.Specialisation means making unique items for each customer?
True/False
Answers
Answer:
trueExplanation:
I took the test and got 100%
Art teacher Monica earns time and a half for the number of hours she works over 40 hours. One week she worked 48 hours. How many hours of overtime did she work?
Answers
Answer:
8 hours
Explanation:
Here, we want to know the number of overtime hours worked.
From the question, we are told that the pay is slightly different and higher if she worked for some hours over 40 hours
What this means is that the regular number of hours is 40; then the number of hours in this case 8 over 40 is her over time