Basically, an auditing is done to examine an organization's financial records to determine the accuracy and to check if they are prepared in accordance with applicable accounting rules.
An external audit is the auditing done by an independent accountant to examine the financial records of the firm,Since the audit senior (external audit) discovered that the firm instructed their employees to breach statutory health and safety regulations to save cost, then, it is apparent that a rule have been violated.In conclusion, in this case, the audit senior is required to report the discovery to necessary department for proper sanction and the audit firm is at responsinility to prove it does not default to safety regulation.
Read more about auditing
brainly.com/question/7890421
1) consider any leader you are aware of from study or the media. Do they confirm to the myths set out in the text or do they transcend that? 2) What is your personal leadership style? What benefits and problems does it generate for you and orgamization? 3) How important is integrity to a leader in your opinion? Give examples to support your views?
Based on the information given, a leader that I'm aware of is Mahatma Gandhi. He was an ambassador of non-violence.
A leadership style simply means providing direction, implementing plans and also motivating people. My personal leadership style is pacesetting and motivating others.
Integrity makes one secure and confident. Someone who has integrity is honest about his or her morals and values. Therefore, such a person can be trusted.
Learn more about leadership on:
https://brainly.com/question/1232764
Howarth Manufacturing Company purchased equipment on June 30, 2017, at a cost of $800,000. The residual value of the equipment was estimated to be $50,000 at the end of a five year life. The equipment was sold on March 31, 2021, for $170,000. Howarth uses the straight- line depreciation method for all of its plant and equipment. Partial-year depreciation is calculated based on the number of months the asset is in service
Required:
1. Prepare the journal entry to record the sale.
2. Assuming that Howarth had instead used the double-declining balance method, prepare the journal entry to record the sale.
The journal entry that can be used to record the sale will be:
March 31, 2021.
Debit Cash $170000
Debit Accumulated Depreciation $562500
Debit Less on sales $67500
Credit Equipment $800000
When Howarth used the double-declining balance method, the journal entry to record the sale will be:
Debit Cash $170000
Debit Accumulated Depreciation $675584
Credit Gain on sales $45584
Credit Equipment $800000
Learn more about journals on:
https://brainly.com/question/7019628
Visit ikea.my and identify the services the company provides to its customers.
Which of the following government
debt instruments would be around 10
years (long term) in length?
A. bills
B. notes
C. bonds
D. mortgages
Each of the following is a reason to export data except ___
To gave the same data in a database
To use data from your database
To create a pie graph
To send some data from a database to a client.
Explanation:
D
most data exports are for backing up purposes, creating presentation and ability to access old files
Assume that you have already completed a 5-year international assignment working for KPMG as a Tax Consultant in Singapore.
By using the relocation transition curve, you need to write an essay to make your own analysis and explain how you adapted to the new living and working environment.
Based on the information, it can be deduced that it's an indication of the uncertainty that exists in the Vietnamese cultural model.
From the complete information, Vietnam has low points in the avoidance index. This implies that they're less associated with their cultural roots and don't have concern for hiring white people.
Some of the solutions that can be applied for training the workers include providing them with ethical and language-based training and also encourage a team culture.
Learn more about model on:
https://brainly.com/question/25993624
I need help with writing a case analysis report. can someone please be of help?
Based on academic writing research, writing a case analysis report, you need to follow some specific steps, which begin with "Reading and Assessing the Case thoroughly."
Other steps you would need to take include the following:Focus your cases analysisDetect possible solutions or changes requiredChoose the best solutionComplete the case analysisHowever, note that the case analysis report will have the following body:
IntroductionBackgroundEvaluation of the caseProposed solutionRecommendation.Hence, in this case, it is concluded that writing a case analysis report requires you to follow specific steps.
Learn more about the Case analysis report here: https://brainly.com/question/24377242
Which of the following marketing messages are consumers most likely to trust?
A. A TV commercial
B. An article about the company in a city newspaper
C. An Internet advertisement
D. A phone conversation with an employee of the company
Please select the best answer from the choices provided
Ο Α
B
ОООО
OD
Answer:
as a consumer myself, I would most likely trust an article about the company in the city newspaper or a conversation with an employee
Explanation:
Q1: Torville Company's contribution margin income statement is presented below.
Sales for the current period consisted of 5,000 units. Determine the company's
break-even point in dollars.
Torville Company
Contribution Margin Income Statement
Sales
Variable costs
Contribution margin
Fixed costs
Sales : $125000
Variable cost : $90000
Contribution margin : $35000
Fixed cost : $28000
Net income: $7000
Net income
S125,000
20.000
35,000
28.000
$7.000
Based on the sales and the contribution margin, the breakeven point in dollars is $28,000
The breakeven point can be found as:
= Fixed cost / Contribution margin per unit
Breakeven point is therefore:
= 28,000 / (35,000 / 5,000 units)
= 4,000 units
This amount in dollars is:
= (4,000 x (Sales revenue - Variable cost / Number of sales))
= 4,000 x (125,000 - 90,000/ 5,000)
= $28,000
In conclusion, the breakeven point is $28,000
Find out more on breakeven point at https://brainly.com/question/9212451.
100pts if you help me ..and brainleast
please correct me if im wrong
You had assisted management in strengthening the internal control system for a medium size limited company about a year ago. The management has recently pointed out that the occurrences of frauds and errors have reduced significantly but could not be eliminated altogether. You are required to offer your comments on the above situation with reference to limitations of any system of internal control.
The following comments are relevant to the recent management observations on the occurrences of frauds and errors. Every internal control system has some limitations.
1. A system of internal control only provides reasonable assurance that the controls are sound and not absolute assurance.
2. Human errors can override a system of internal controls, including collusion among employees.
3. For an internal control system to be effective, management should set the tone. Management should follow through with its instituted system of controls unless it makes convincing business sense to override some control.
4. Every internal control system should consider the implementation costs vis-à-vis the benefits. The employees must be involved in all aspects of internal control, just as I insisted earlier.
5. Lastly, management must understand that no system is error-proof. And every system evolves, just as fraud incidences are. Therefore, management should always be on the lookout for unforeseen circumstances.
Thus, management should ensure that its policies and practices do not compromise internal controls.
Learn more about the limitations of internal controls here: https://brainly.com/question/13407997
Which of the following is not a legal right of a debtor?
A. The right to ignore persistent calls from a debt collector
B. The right to declare bankruptcy
C. The right to verify the amount of debt you owe
D. The right to protection from deceptive collection practices
Debtors are granted some measures or rights. The option that is not a legal right of a debtor is right to declare bankruptcy.
A lot of creditors often do not obey simple rules, and thus uses some kind of deceptive or intimidating actions so as to recover money they are owed. A lot of creditors often uses threats of violence in trying to recover debt.In the State of California’s Rosenthal Act, one, as a debtor, is known to have the right to be free from harassing letters and calls from creditors and collection agencies because of unpaid debt.
it is known to stop creditors from constantly disturbing one at home or sending threatening letters on a regular basis.
Learn more about Debtor from
https://brainly.com/question/25731182
Answer:
A. The right to ignore persistent calls from a debt collector
Explanation:
Work ethics are a naturally inherited quality.
Is this statement true or false?
true
false
what are the fundamental factor for local level vocation?list them and explain three of them
Answer:
Fundamental factor for local level vocation :- > Physiotherapy Technician :-Physiotherapy Technician is a 10th standard medical nursing course. Physiotherapists provide treatment, preventive advice and care while rehabilitating those with physical and psychological impairment to maximize functional abilities for health lifestyle.
> Medical Lab Technology course:-The diploma course is known as Diploma in Medical Laboratory Technology, abbreviated as DMLT. To take admission to DMLT/BMLT course in India, a candidate must qualify Class 12 from a recognised board or institute. The duration of DMLT is two years, whereas, that for BMLT course is 3 years and 6 months.
> Marketing & Salesmanship:-Marketing and Salesmanship is a very important discipline of knowledge. Because of this process, a lot of changes have occurred in marketing practices. Both Marketing and Salesmanship require the knowledge of various advanced techniques of advertising, business correspondence , business law, sales management etc .
Help bell buissness help bell bel
Question
Increasing the M3 expansionary monetary policy will do
Which of the following?
Answer
A. it will increase the money supply
HEY!!^^
have a good day°^^
thank me later^^°
carryonlearing^^
Answer:A It will increase the money supply.
Explanation:
Which of the following is not an example of a digital transaction?
A. Ellis uses his frequent flyer miles to buy a plane ticket.
B. Marcos buys a pair of sneakers with cash he received from his
grandmother.
C. Lauren uses the credit card stored at an online retailer to purchase
her books for school.
D. Amy tells her smart speaker to refill her grocery order.
U.S. Treasury bills are available for purchase this week at the following prices (based upon $100 par value) and with the indicated maturities:
a. $97.25, 182 days
b. $95.75, 270 days
c. $98.75, 91 days
Calculate the bank discount rate (DR) on each bill if it is held to maturity. What is the equivalent yield to maturity (sometimes called the bond-equivalent or coupon-equivalent yield) on each of these Treasury bills?
A broker found a ready, willing, and able buyer who offered full price for a home.
The seller refused to sell because the buyer was a minority. The broker could
legally do all except:
Sue for his commission.
Inform the prospective buyer that help may be available from HUD.
Inform the seller that a possible violation of Federal Fair Housing Laws has occurred.
Show the property only to non-minorities per the seller's instructions.
There are different reasons why people take decisions. The broker could
legally do all except Sue for his commission.
A seller may rejects an offer due to different reasons. Sellers often doo have several options when they are receiving a bid for their property. It is better to make a counteroffer with revisions when your offer is being rejected.
A seller is known too be able to counter and ask for changes to the fastesr money deposit, purchase price etc. In the above scenario, the Sue for his commission is not necessary in this case.
Learn more about commission from
https://brainly.com/question/7985247
what is enterprenuaship
Answer:
A person who undertakes the risk of starting a new business venture is called an entrepreneur. An entrepreneur creates a firm to realize their idea, known as entrepreneurship, which aggregates capital and labor in order to produce goods or services for profit.
Explanation:
Brand equity is…………………?
Answer:
Brand equity, in marketing, is the worth of a brand in and of itself — i.e., the social value of a well-known brand name.
How to make your own website ?
Answer:
Use visual studio code
Explanation:
You want to then make HTML code and CSS code 2 different files that corillate together and you need a header, footer, main, functions is CSS etc
What is the first step in the career exploration process?
Research post-secondary options.
Develop a personal profile.
Complete a job application.
Do career research.
Answer:
Develop a personal profile.
Explanation
doing the test Rn
TRUST ME DANG IT
The first step in the career exploration process Develops a personal profile. Thus option (B) is correct.
What is exploration?Exploration is the historical process of finding uncharted territory. Geographers and historians research it. In the course of human history, there have been two main periods of exploration: one of convergence and one of divergence.
It comprises interacting with individuals in various jobs or industries that interest you and enquiring about their work. Additionally, this is the first phase of developing a professional network. Exploration
The first, which encompasses the majority of the history of Homo sapiens, saw people leave Africa, settle in foreign countries, and create unique cultures largely in seclusion. Early explorers established colonies in Europe and Asia;
Therefore, Option(B) is correct.
Learn more about exploration here:
https://brainly.com/question/17800920
#SPJ2
Help help help help pelsss please please business
Help help help help help gekp
Answer:
I am pretty sure it is price of a new phone
At the end of last year, Cynthia, a 20 percent partner in the five-person CYG partnership, has an outside basis of $28,500, including her $14,000 share of CYG debt. On January 1 of the current year, Cynthia sells her partnership interest to Roger for a cash payment of $21,500 and the assumption of her share of CYG's debt CYG has no hot assets. What is the amount and character of Cynthia's recognized gain or loss on the sale?
A. $7,000 capital loss.
B. $2,000 ordinary loss.
C. $7,000 capital gain.
D. $7,500 ordinary income.
C. $7,000 capital gain
First, we need to find Net value of Cynthia's share
Net value of Cynthia's share = Value of share - Liabilities
Net value of Cynthia's share = $28,500 - $14,000
Net value of Cynthia's share = $14,500
The next step is to compute Cynthia's net value of her shares sold to Roger.
Then,
Cynthia's gain = Selling value - Net value of share
Cynthia's gain = $21,500 - $14,500
Cynthia's gain = $7,000
Therefore, the amount and character of Cynthia's recognized gain or loss on the sale is $7,000 capital gain.
Learn more about capital gain in this link : https://brainly.com/question/5135555
Allen and Charlotte married in 2020. They filed a joint return for the year, but the IRS offset their refund because Allen owes past-due child support for his two children from a previous marriage. Charlotte is not legally responsible for the children's support, and she would like to receive her portion of their tax refund. As the couple's tax preparer, what advice would you offer?
There are different factors to consider for a tax refund. The advice I would offer Charlotte is that she should request relief as an injured spouse.
Injured spouse relief is known to be commonly filed with the married filing joint return. This claim is serve so as to help an individual get back your part of a tax refund from a joint tax return.
It often stands where the IRS has gotten hold of the refund to offset a debt owed by your spouse but not by you.
For an individual to be able to qualify for an injured spouse claim, one must meet criteria such as:
The individual is not required to pay the past-due amount The person must have reported income on the joint tax return One has made and reported payments on the joint returnSee full question below
Allen and Charlotte married in 2020. They filed a joint return for the year, but the IRS offset their refund because Allen owes past-due child support for his two children from a previous marriage. Charlotte is not legally responsible for the children's support, and she would like to receive her portion of their tax refund. As the couple's tax preparer, what advice would you offer?
Allen should request a certificate of non-attachment.
Allen and Charlotte should submit a joint offer-in-compromise.
Charlotte should request relief as an injured spouse.
Charlotte should request relief as an innocent spouse.
Learn more about Tax refund from:
https://brainly.com/question/2135349
2. The case says that Kayem Foods is not meeting its profit targets. Why is it difficult for this firm to make money in this market?
Companies often set target for themselves. The reasons why it is difficult for this firm to make money is that;
As a result of poor demand for the products It can be also be like due to the power or prestige gained over the years by the supermarkets is depreciating.This can be due to the small price margin or the price competition from other manufacturers.Losses encountered via the issue of Private LabelPoor marketing and advertisement strategy and poor budget allocation for it.Kayem Foods is a very popular brand. It is known to be a 4th generation family owned business. It has it headquartered in Chelsea, MA.
It is commonly known in the world to be the biggest processed meat company that is found in New England. They are based on natural casing, fully cooked and fresh sausage etc.
Learn more about Food from
https://brainly.com/question/25884013
Dalia makes a little more money than she spends on her daily expenses and wants to put the extra away in a separate account in case she needs it for an emergency. Which type of account would be the best option for Dalia?
In market-basket terminology, ________ describes the probability that two items will be purchased together.
Colgate-Palmolive Company has just paid an annual dividend of . Analysts are predicting dividends to grow by per year over the next five years. After​ then, Colgate's earnings are expected to grow per​ year, and its dividend payout rate will remain constant. If​ Colgate's equity cost of capital is per​ year, what price does the​ dividend-discount model predict Colgate stock should sell for​ today?
The amount of $97.85 is the price that dividend-discount model predict that Colgate stock should sell for today
Given Information
Current dividend (D0) = $1.59
Dividend payments for next five years includes:
D1 = 1.59 +0.18
D1 = 1.77
D2 = 1.77 +0.18
D2 = 1.95
D3 = 1.95 +0.18
D3 = 2.13
D4 = 2.13 +0.18
D4 =2.31
D5 = 2.31 +0.18
D5 =2.49
Year Cash Flow PVF at 8.1% Present value
1 1.77 0.92506938 1.637372803
2 1.95 0.855753358 1.668719048
3 2.13 0.791631229 1.686174517
4 2.31 0.73231381 1.691644901
5 2.49 0.677441082 1.686828295
Present value of Dividends 8.3707
PV of remaining dividends in 5 year = D5 x (1+g)/(Ke-g))
PV of remaining dividends in 5 year = 2.49(1+0.061)/(0.081-0.061)
PV of remaining dividends in 5 year = $132.0945
Given that g=6.1%, ke=8.1%
PV of remaining dividends in year = 0 = PV of the remaining dividends in year 5* 1/(1+0.081)^5
= 132.0945 * 1/(1+0.081)^5
= $89.48624
As per dividend-discount model, Colgate stock should sell for today = PV of Dividends till 5th year + PV of Remaining Dividend at t=0
= $89.48624 + $8.3707
= $97.8531
= $97.85
Hence, the amount of $97.85 is the price that dividend-discount model predict that Colgate stock should sell for today.
Read more about dividend
brainly.com/question/3161471