During a financial statement audit an internal auditor may provide direct assistance to the independent CPA in performing. Tests of controls Substantive Tests A. Yes Yes B. Yes No C. No Yes D. No No Multiple Choice Option A Option D Option C Option B

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Answer 1

During a financial statement audit an internal auditor may provide direct assistance to the independent CPA in performing both tests of controls and substantive tests.

What is audit ?

Audit is the checking or inspection of the account of the company in order to make sure a ll the transactions are recorded systematically and accurately. it is done to check the correctness of the accounts provided by the companies in the financial accounts.

During the auditing of financial statements, auditor provides helps to the Certified Public Accountant by performing both the test of control and substantive tests.

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Related Questions

A research paper which has been turned in for credit is a final product. please select the best answer from the choices provided t f

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It is a true statement that a research paper which has been turned in for credit is a final product.

What is a research paper?

This means the document that entails all the research chapter on a research topic.

When it is presented for approval or credit, it is often a final product before the submission.

Therefore, it is a true statement.

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The crowding-out effect stresses that Group of answer choices an increase in government expenditures will stimulate aggregate demand and, thereby, help to prevent recessions. an increase in taxes will restrain aggregate demand and, thereby, help to control inflation. additional government borrowing to finance a larger deficit will increase the demand for loanable funds, causing real interest rates to rise. a budget deficit is a highly effective tool with which to combat recessions. both a and d are correct.

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The crowding-out effect is such that additional government borrowing to finance a larger deficit will increase the demand for loanable funds, causing real interest rates to rise.

What is the crowding-out effect?

The crowing-out effect refers to when the government borrows so much money that they make it hard for businesses to borrow and invest in new projects.

This happens because the government borrowing will decrease the amount of funds that can be borrowed in the market which will lead to higher interest rates for the remaining funds.

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It is now Prime Day, the deal is selling well, but you just got a call from the vendor explaining that they will not be able to fill any more units for the next 3 weeks. Your Instock Manager (Anjali Patel) says that we should cut the deal off early to preserve inventory for that 3-week period. What are the factors you would consider before deciding whether to cut the product off early

Answers

The factors that have to be considered are:

Competitor activityVendor relationshipImpact of negative experience on customersRevenue impact

Why these factors have to be considered

The competitor activity is a factor worthy of consideration so that the company would not lose market demand to others.

Vendor relationship is worthy so that it would lead to a smooth flow. The impact on customers if high may cause customers to leave brand.

Impact of negative experience if very high would cause the customers to move away from the brand.

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How long do you have to be employed to buy a house.

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Answer: At least 2 years

A top executive from Toyota sits on the boards of the Tomo Tire Co., which manufactures tires for Toyota automobiles. Toyota and Tomo Tire Company trade with each other whenever possible and work together in product development, finance, and marketing. This is an example of _______.

Answers

This given scenario is an example of keiretsu.

What is a Keiretsu?

This refers to the conglomerate of businesses that are linked together based on shared holdings and is a popular business term in Japan.

Hence, we can see that based on the given scenario about the business partnership between Toyota and Tomo Tires, they work together on product development, finance, and marketing. This is an example of a keirestsu.

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How does a command economy differ from a mixed market economy?


A. In a command economy, citizens have fewer property rights. In a mixed market economy, citizens have more property rights.
B. In a command economy, citizens have more property rights. In a mixed market economy, citizens have fewer property rights.
C. In a command economy, citizens own all public property. In a mixed market economy, the government owns all private property.
D. In a command economy, citizens own all private property. In a mixed market economy, the government owns all public property

Answers

Answer:

A mixed economy is partly run by the government and partly as a free market economy, which is an economic system that includes no government intervention and is mainly driven by the law of supply and demand . A command economy is an economic system where the government has control over the production and pricing of goods and services.

Explanation:

The answer is C in a command economy

Sabo contracts to work exclusively for thermal company during july for $5,000. on june 30, thermal cancels the contract. sabo finds a similar job for the month of july, but earns only $3,000. sabo files a suit against thermal. as compensatory damages, sabo can recover group of answer choices $3,000. $5,000. $0. $2,000.

Answers

The  sabo files a suit against thermal. as compensatory damages, sabo can recover $2,000.

Compensatory damages amount to recover

Using this formula

Compensatory damages=Beginning earning before cancellation- Amount earn after cancellation

Let plug in the formula

Compensatory damages=$5,000-$3,000

Compensatory damages=$2,000

Therefore the correct option is D.

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The U.S. government agency that advises and assists small businesses by providing management training and financial advice and loans is called the: Multiple choice question. Small Business Investment Company Small Business Administration Government Business Development Center Government Entrepreneurship Assistance

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A U.S. government agency that works to assist small businesses is called the Small Business Administration(SBA).

What does the Small Business Administration do?

The Small Business Administration was established under the Eisenhower tenure in order to boost the nation's economy.

They work to help small businesses by offering them several types of support such as management training and loans.

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How much federal tax should be withheld from my paycheck?.

Answers

Answer:

It depends on the money you make and other variables.

A mutual fund had NAV per share of $23.00 on January 1, 2016. On December 31 of the same year, the fund's NAV was $23.15. Income distributions were $0.63, and the fund had capital gain distributions of $1.26. Without considering taxes and transactions costs, what rate of return did an investor receive on the fund last year

Answers

The rate of return did an investor receive on the fund last year is : 8.87%.

Rate of return

Using this formula

Rate of return=(Dec fund's NAV -Jan fund's NAV +Income distribution+Capital gain distribution)/Jan fund's NAV

Let plug in the formula

Rate of return = ($23.15 - $23.00 + $.63 + $1.26)/$23.00

Rate of return =$2.04/$23.00×100

Rate of return = 8.87%

Therefore the rate of return did an investor receive on the fund last year is : 8.87%.

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U
Drag each label to the correct location on the image.
Match the descriptions to the possibility of being addressed by a Trial Balance.
can detect the accuracy
of the accounting process
can help prepare the
income statement
can help check whether a
particular transaction has
been completely omitted
helps serve as a proof of
the application of the
double-entry system
Possible
can help check whether the
debit side is equal to the
credit side
Not Possible

Answers

The descriptions to cases that will possibility be addressed by a Trial Balance are:

can detect the accuracy of the accounting process(possible)can help check whether the debit side is equal to the credit side(possible)can help prepare the income statement(possible)helps serve as a proof of the application of the double-entry system(not possible)can help check whether a particular transaction has been completely omitted(not possible)

What is trial balance?

A trial balance can be regarded as  bookkeeping worksheet which contains the ledger that is arranged into  debit and credit account column .

Therefore, with trial balance, one can check whether the debit side is equal to the credit side.

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As a project manager, the project is your number one priority. However, you have team members with competing priorities from other projects. You want to influence them to make your project their priority. To do this, you bridge the high-level goals of the project and the day-to-day perspective of the team. You collaborate to find an outcome that works for everyone. What interpersonal skill did you mainly use in this scenario

Answers

As per the given scenario, the interpersonal skill that should be used is negotiating effectively.

Who is a project manager?

A project manager refers to the person who is in overall charge of the planning and execution of a particular project.

As a project manager, the project is on number one priority. The interpersonal skill that is mainly used in this scenario is negotiating effectively.

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When organizing an Agile Release Train to optimize the flow of work and increase the delivery of value, which three DevOps practices are encouraged

Answers

The three devops that are encouraged in the agile release train are:

Visualize work in process and reduce batch sizes Perform System Demos Plan and rehearse failure response practices

What is the agile release train?

This is used to refer to the agile teams that are known to continuously

developdeliver operate.

They are known to operate one or more solutions of value in order to solve important problems.

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10 C What is the effect of education on employment?​

Answers

The effect of education on Employment is that it increases the employment rate and reduces unemployment

Effect of Education on Employment

With proper education, individuals can get the skills needed to to employed as skilled labor and earn a decent amount of money as a salary.

Without education, most people become unemployed and at best even get a job that is not enough to take care of them.

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Three types of patents available under U.S. law are: a. utility, regulatory, common law. b. design, packaging, invention. c. utility, product, design. d. design, plant, utility.

Answers

The three types of patents available under U.S. law are design, plant and utility.

What is patent?

A patent is an exclusive right granted for an invention, which is a product or a process that provides, in general, a new way of doing something, or offers a new technical solution to a problem.

It is the right from the federal government to produce and sell something for a certain number of years without anyone copying it.

Thus, option D is true as three types of patents available under U.S. law are design, plant and utility.

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When the stockholders receive a dividend, how would this affect the equity of a business?.

Answers

Assets and total equity will both be decreased is When the stockholders receive a dividend, how would this affect the equity of a business.

Who are the stockholder?

Stockholders are the people who have purchased the stocks and have invested in the particular firm, they are the people. The stockholders hold some of the share of any company, which they can sell or purchase anytime.

Thus, Assets and total equity will both be decreased is When the stockholders

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In recent years, progressive firms have embarked upon __________, where they will commit company resources and expertise toward helping in broad-based humanitarian situations.

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In recent years, progressive firms have embarked upon co-orperate social initiaitives, where they will commit company resources and expertise toward helping in broad-based humanitarian situations. This is further explained below.

What is a firm?

Generally, a firm is simply defined as a firm Professional services are provided by a firm, which might be a corporation, a private corporation. 

In conclusion, Co-operative social initiatives have been more popular among progressive businesses in recent years.

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The management of a company wants to begin electronically monitoring the computer work of the employees who process claims filed by customers. The company's HR executive expects that employees will resist the monitoring because they will feel robbed of their human dignity. How could the HR department best address this concern

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In this HR department can  best address this concern by application of  data to employee development programs to support the to employees  advance in their careers.

What is employee development program?

An employee development program can be described as kind of a training program that  is been given to employee by their employer to help them to improve their skills and abilities.

Therefore, since management of a company wants to begin electronically monitoring the computer work of the employees . then the program can be applied.

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A group of customers that a business decides to focus its marketing efforts and, ultimately, its products on is a _____. target market niche industrial market consumer market

Answers

Answer:

Target market!!

Explanation:

Hope this helps:)

Question Content AreaWhich of the following is true of the master budget? a.Variable costs cannot change from one month to another. b.The master budget can reflect seasonal effects. c.Fixed costs cannot change from one month to another. d.Monthly budgets are derived by dividing the master budget by 12. e.None of these choices are correct.

Answers

A master budget is such a budget where the fixed costs cannot change from one month to another; and monthly budgets are derived by dividing the master budget by 12.

What is a master budget?

The method of budgeting, which involves the total or aggregation of small or sub-budgets, which is backed by a financial plan, is known as the preparation of a master budget.

Hence, option C and D hold true regarding master budget.

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What house designs are eco friendly?

Answers

Answer:

Cob.

Straw Bale. ...

Underground Homes. ...

Rammed Earth Construction. ...

Earth Sheltered Homes.

Solar Roofing. ...

Bamboo Flooring. ...

Cork Flooring.

Explanation:

hopes this helps

Samantha is part of a project management team working on the initiation phase of a project. What is her team expected to do in this phase? In the initiation phase, Samantha’s team needs to clarify the project’s and justify it.\]\\

Answers

Answer:

The Initiation Phase is the stage of the project lifecycle in which the project proposal is conceived, assessed, and then approved for implementation by the Project Sponsor and the Vice Chancellor/Chief Information Officer. A formal project discovery process documents and reviews the project justification, important deliverables, risks, projected cost and resource needs, and other project information.

The team is supposed to agree on a project vision, set primary targets, and justify the initiative. Examine project charters, project change procedures, and past project experience gained; determine all project stakeholders and define service/product owners, project team member roles and duties, resources needed, cost estimates, and a general schedule. By developing the project charter and receiving Project Sponsor agreement to proceed with detailed planning.

why are office important explain briefly​

Answers

Answer:

Office is important because it makes a collection of all things you need for a certain specific work.

Six sigma teams use the ________ method when improving a product or process that already exists, and the ________ method when developing a new product or process.

Answers

The complete statement is "Six sigma teams use the DMAIC method when improving a product or process that already exists, and the DMADV method when developing a new product or process." This is further explained below.

What is improving a product?

Generally, The process of making significant modifications to a product in order to attract new consumers or enhance the value received by current ones is known as "product enhancement."

In conclusion, If you want to improve an existing product or process, use the DMAIC approach, and if you want to create a new one, use the DMADV method.

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Amila is examining the monthly returns of various stocks. she would like to compare the underlying distributions of the stocks visually and has decided to use multiple histograms for this purpose. she is however worried that it is difficult to compare the distributions of two stocks that are not next to each other on the plot. she also needs to add 5 more stocks to the plot and she is worried it will become cluttered. can you suggest an alternative plot for amila to use

Answers

An alternative plot for Amila to use is to use a graph to depict the data.

How to illustrate the information?

From the information, she is worried that it is difficult to compare the distributions of two stocks that are not next to each other on the plot.

Therefore, a graph can be used to better illustrate the information.

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If a company strictly complies with existing laws, the firm will group of answer choices fulfill some business ethics obligations. fulfill no business ethics obligations. fulfill all business ethics obligations. not need to fulfill any business ethics obligations.

Answers

If a company strictly complies with existing laws, the firm will fulfill all business ethics obligations.

What is ethical obligation?

It should be noted that ethical obligation simply means re things that are expected by a company to do regarding ethics in the organization.

In this case, when a company strictly complies with existing laws, the firm will fulfill all business ethics obligations.

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Bobbie created a new piece of workout gear. although she couldn't initially find potential investors, she secured a personal loan and borrowed additional money from her parents. her drive to continue believing in her idea and to remain enthusiastic shows that bobbie is

Answers

Based on the given description of Bobbi and her unrelenting attitude, we can conclude that Bobbi is D. characteristically self-nurturing.

What is Business?

This refers to the venture that involves the buying and selling of goods, with the primary aim of making a profit.

Hence, we can see that based on the fact that Bobbi has a new idea to make workout gear and she does not find investors, she persists and gets a business loan which shows that she is characteristically self-nurturing.

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How would you manage the school if you are the headmaster?​

Answers

Answer:

i wouldn't manage

Explanation:

A professional sports team that earns more annual revenue than a small-market team is a _____________, fill in the blank,.

Answers

A professional sports team that earns more annual revenue than a small-market team is a big market team. This is further explained below.

What is a big market team?

Generally, a big market team is simply defined as Playing for a "big market" team usually means getting a lot more attention than you would if you were on a "small market."

In conclusion, big-market sporting teams have yearly revenues that are higher than those of smaller teams.

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I am stuck on this question can someone help?

Answers

Answer:

college-sociologist, hairstylist, biomedical engineer

vocational certification- tour guide, childcare director, museum personnel

Explanation:

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What is the answer to 83-54? Based on your understanding of word roots, what does astronomy mean?A. the study of rocks and other non-living objectsB. the study of matter and energyC. the study of life and its requirementsD. the study of stars and other space objects sectors of circle. east points, this is due tomorrow help is appreciated My name is Ernesto. In the afternoon, I do homework and when I finish, I put my books in my backpack. Then, my brother and I eat dinner. When I finish dinner, I brush my teeth, wash my face, and I put on my pajamas. My brother showers, brushes his teeth, shaves, and gets ready for bed.If the description were in Spanish, what reflexive verb would be included to describe one of these persons' routine? (A) Me como(B) Me lavo(C) Se come(D )Se peina After completing all readings, reflect, and provide three misconceptions about ABA and ways you are able to disseminate appropriate information. Three cars, car x, car y, and car z, begin accelerating from rest, at the same time. car x is more massive than car y, which is more massive than car z. the net force exerted on each car is identical. after 10 seconds, which car has the most amount of momentum? Two groups of students were asked how many hours they spent reading each day. The table shows the numbers for each group:Group A 1 2 1 1 3 3 2 2 3Group B 3 2 3 2 2 2 1 1 2Based on the table, which of the following is true? The interquartile range for Group A students is 0.5 less than the interquartile range for Group B students. The interquartile range for Group A students is equal to the interquartile range for Group B students. The interquartile range for Group A students is 0.5 more than the interquartile range for Group B students. The interquartile range for Group A students is 1 more than the interquartile range for Group B students. 1-When and how do our images on ourselves and others destroy our relationships? What is the area of the base of the prism? 1 square centimeters what is the volume of the prism? cubic centimeters What is the perimeter of triangle ABC? Round answer to the nearest tenth.A. 12 metersB. 20.5 metersC. 22.4 metersD. 18 meters Please select the word from the list that best fits the definition The _________ helped scholars figure out the meaning of the hieroglyphs of ancient Egypt. What are the Social, Economic & Political eventsthat led to the war Maurice averaged 79 points for 6 tests. How many more points must he score in the next text to raise his average to 80. why viruses are kept in border line of living and non-living things. Who is responsible for reviewing a pre-departure checklist before a boat outing?. What happens when a solid is dissolved into a liquid?O Solid particles float toward the surface layer of liquid particles.O Solid particles sink down toward the bottom layer of liquid particles.O Solid particles become evenly dispersed among liquid particles.O Solid particles become suspended in the middle of liquid particles. Big Brothers, Inc. borrows $267,999 from the bank at 18.16 percent per year, compounded annually, to purchase new machinery. This loan is to be repaid in equal annual installments at the end of each year over the next 10 years. How much will each annual payment be?Round the answer to two decimal places. What is the direction of a vector that has the following components: x = -44 m y = -59 m PLEASE HELP!!!Part DQuestionNext, youll build a simulation based on what you think will happen because of natural selection.Here are two considerations:Some individuals with harmful characteristics can still successfully reproduce, but they have an overall lower chance of doing so compared to organisms with neutral or beneficial traits.Natural selection may affect distribution of traits. Its possible that harmful traits could eventually disappear from the gene pool.Dont worry about precise population numbers. Based on your understanding of natural selection, youll be modeling only one scientifically plausible trend that can occur. There are several correct variations of this diagram. Youll explain the justification for your choices in part E.Assume that these plants have a life expectancy of about one year, but the rate of reproduction keeps their population consistently around 2,500 organisms. Using the same elements you used in part C, draw simulations for year 5 and year 10. Clearly label each simulation. my parent who is a police officer is retiring this year