True or false: The SEC, FASB, external auditors, and management of companies are involved in ensuring the integrity of financial statements.
Answers
True. The SEC, FASB, external auditors, and management of companies are involved in ensuring the integrity of financial statements. Financial statements are documents that provide information on a company's financial status, including its income statement, balance sheet, and cash flow statement.
The FASB (Financial Accounting Standards Board) establishes accounting standards to ensure financial statements are accurate, relevant, and reliable. The SEC (Securities and Exchange Commission) oversees public companies to ensure compliance with disclosure and reporting requirements. Management of companies is responsible for preparing the financial statements accurately, and external auditors are hired to verify the accuracy of financial statements.
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Related Questions
Type the correct answer in the box. Spell all words correctly.
Identify the art of advertising that the given scenario portrays.
Jim is renovating his boutique. He wants to redo the display area of his store. Jim is paying special attention to the placement of the merchandise throughout the store. He wants to display it in a creative, aesthetically pleasing manner to attract customers. Jim is engaging in________.
.
Answers
Answer: visual merchandising
Explanation: edmentum
Your parents are giving you $200 a month for 4 years while you are in college. At an interest rate of .47 percent per month, what are these payments worth to you when you first start college?
Answers
Answer:
50k for mee i am rich you gareb
How does business generate income?
Answers
Hai!
This depends on the Type of Business.
If it is a Selling Business, they sell stuff to Earn Profit.
If its a Free Online Website/Game. They earn money by either in game purchases or Web Site purchases.
A(n) __ can administer self-assessment tools to help you understand your personality and preferences .
Answers
guidance counselor
Explanation:
Took the quiz
Hudson Corp. operates several factories that manufacture medical equipment. The factories have a historical cost of $200 million. Near the end of the company’s fiscal year, a change in business climate related to a competitor’s innovative products indicated to Hudson’s management that the $170 million carrying amount of the assets of one of Hudson’s factories may not be recoverable. Management identified cash flows from this factory and estimated that the undiscounted future cash flows over the remaining useful life of the factory would be $150 million. The fair value of the factory’s assets is reliably estimated to be $135 million. The change in business climate requires investigation of possible impairment. Which of the following amounts is the impairment loss?
A) $15 million.
B) $20 million.
C) $35 million.
D) $65 million.
Answers
Answer:
C) $35 million.
Explanation:
The computation of the impairment loss is shown below:
= Carrying amount of the assets - fair value of the factory assets
= $170 million - $135 million
= $35 million
Since the carrying amount exceeds the fair value of the asset so the impairment loss is recorded and hence the same is to be considered.
Hence, the correct option is c.
ILL GIvE BRIANLEST PLZZZ HELP
Flowcharting clarifies what will happen in a process or
a. What needs to happen
c. What is predicted to happen at a future date
b. What is estimated to happen
d. None of these Please select the best answer from the choices provided A B C D
Answers
Answer:
What is estimated to happen
Explanation:
Flowcharts are created to gather information to determine what will or what could happen.
Answer:
D
Explanation:
Jamie is researching places to live after graduating college he asked you I keep coming across as phrase cost-of-living I’ve never heard of it before do you know what it means which of the following definitions would you choose to explain to Jamie about cost-of-living means
Answers
Answer:
The cost of living refers to the prices of goods and services needed to sustain an average level standard of living in an area
Explanation:
The cost of living refers to the cost of keeping up with a given standard of living. It is the amount Jamie would need to keep up with basic expenses such as food, housing, clothing and medical care. Cost of living compares the expense between living in two different areas. Jamie's cost of living is tied to his wages and it can be measured using what is called purchasing power parity.
Clubs, organizations, and CTSOs can help you narrow down what you want to do with the rest of your life.
True
False
Answers
Answer:
True
Explanation:
They lead to new experiences and if you like an experience maybe you'll like to do more of it in the future
the customer whom jemma is calling on today has a(n) blank buying center culture. this means that the decision process will involve reaching agreement among all members of the buying center.
Answers
The customer whom Jemma is calling on today has a consensus buying center culture. This means that the decision-making process will involve reaching an agreement among all members of the buying center.
In a consensus buying center culture, all members of the buying center need to come to an agreement before making a decision. This is in contrast to other buying center cultures where decisions may be made by a single individual or a dominant group within the buying center.
In the case of Jemma's customer, a consensus buying center culture indicates that all members of the buying center must agree on the decision. This means that Jemma will need to ensure she understands and addresses the needs and concerns of each member of the buying center in order to successfully reach an agreement.
To navigate this decision-making process, Jemma should:
1. Identify all members of the buying center: Jemma should identify all the key stakeholders involved in the decision-making process.
2. Understand individual interests and concerns: Jemma should take the time to understand the interests, needs, and concerns of each member of the buying center.
3. Facilitate communication and collaboration: Jemma should encourage open communication and collaboration among the members of the buying center.
4. Seek common ground: Jemma should look for areas of agreement and common interests among the members of the buying center.
5. Address objections and concerns: Jemma should be prepared to address any objections or concerns raised by members of the buying center.
By following these steps and understanding the dynamics of a consensus buying center culture, Jemma can navigate the decision-making process successfully and increase the chances of reaching an agreement with the customer.
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Inayah needs Rs.100, 000 to start an ice-cream business. If she uses Rs.40, 000 from her savings and another Rs.60, 000 borrows from the bank. The interest rate is 5% in the market. Find the opportunity cost that Inayah has to bear in order to start a business?
Answers
Answer: 5% of RS 100,000
Explanation:
Opportunity cost is what an economic agent such as an individual, form or government forgoes when a choice is made from different available choices.
Here, since Inaya has used Rs100000 for her ice cream business, the opportunity cost will be the 5% interest that she could have made on the money used for the business
Creating an anonymous complaint or grievance process is something
employers can implement to prevent which of the following?
O A. Layoffs
B. Harassment
C. Taxed income
D. Arguments
Answers
hope I could help goodluck
Assume that the traffic to the web site of Smiley's People, inc, which sells customized T-shirts, follows a normal distribution, with a mean of 4.5 mililon visitors per day and a standard deviation of 760,000 visitors per day. (a) What is the probability that the web site has fewer than 5 million visitors in a single day? If needed, round your answer to four decimal digits. (b) What is the probability that the web site has 3 million or more visitors in a single day? If needed, round your answer to four decimal digits. (c) What is the probability that the web site has between 3 million and 4 million visitors in a single day? If needed, round your answer to four decimal digits. (d) Assume that BS\% of the time, the Smiley's People web servers can handie the dally web traffic volume without purchasing additional server capacity; What is the amount of web traffic that will require Smiley's People to purchase additional server capacity? If needed, round your answer to two decimal digits. milien visitors per day
Answers
a) The probability that the website has fewer than 5 million visitors in a single day is: 0.6915.
b) The probability that the website has 3 million or more visitors in a single day is 0.9756.
c) The probability that the website has between 3 million and 4 million visitors in a single day is 0.2058.
d) The amount of web traffic that will require Smiley's People to purchase additional server capacity is 5.14 million.
(a) The probability that the website has fewer than 5 million visitors in a single day = P(X < 5)z
= (x - μ) / σz
= (5 - 4.5) / 0.76
= 0.6579. Normal Distribution Curve. Probability Density Function The probability that the website has fewer than 5 million visitors in a single day is given by, `
P(X < 5)` =`P(z < 0.6579).
`Using normal distribution tables, P(z < 0.6579) = 0.6915.
(b) The probability that the website has 3 million or more visitors in a single day
= P(X > 3)z = (3 - 4.5) / 0.76
= -1.9737
The probability that the website has 3 million or more visitors in a single day is given by, `P(X > 3)`=`P(z > -1.9737)`
=`1 - P(z < -1.9737)`
= `1 - 0.0244`=`0.9756`
Hence, the probability that the website has 3 million or more visitors in a single day is 0.9756.
(c) The probability that the website has between 3 million and 4 million visitors in a single day is given by,
P(3 < X < 4)z1 = (3 - 4.5) / 0.76
= -1.9737z2
= (4 - 4.5) / 0.76
= -0.6579.
The probability that the website has between 3 million and 4 million visitors in a single day is given by,
P(3 < X < 4) = P(-1.9737 < z < -0.6579)`
= P(z > -0.6579) - P(z > -1.9737)`=
`(1 - 0.2546)` - `(1 - 0.0244)` =
`0.7698 - 0.9756`=
`-0.2058` But, `P(3 < X < 4) > 0`.
Hence, the probability that the website has between 3 million and 4 million visitors in a single day is 0.2058.
(d) Assume that BS% of the time, the Smiley's People web servers can handle the daily web traffic volume without purchasing additional server capacity. Solution: Let the traffic that will require Smiley's People to purchase additional server capacity be X.
The given percentile is the 100 - BS% =
100 - 20% = 80th percentile. i.e., P(X < 80) = 0.80z = inv Norm(0.80) = 0.84.
Using the z-score formula, `z = (x - μ) / σ`0.84
= (x - 4.5) / 0.76`x - 4.5
= 0.84 * 0.76`x - 4.5
= 0.6384`x
= 0.6384 + 4.5`x = 5.14 million.
Hence, the amount of web traffic that will require Smiley's People to purchase additional server capacity is 5.14 million.
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Kristina is tempted to get a credit card now that she is in college. What is one fiscally responsible reason for Kristina to get a credit card? A. She will be able to buy whatever she wants. B. She won’t have to carry cash everywhere. C. Price will no longer need to be considered when she makes purchases. D. She will receive a free tee-shirt when she opens the account.
Answers
Answer:
B because it is the only one except for d that cant be done using cash and d is just not it
Explanation:
Answer:
it would be B
Explanation: because you can definitely rule out D, C is definitely not it because you should still consider pricing with whatever you buy. With A it isn't a good reason because you may not have a lot of money on your card.
in addition to tracking television advertising, ad tracking can be used to examine online banner ads. (True or False)
Answers
The answer is true. Ad tracking can be used to investigate internet banner ads in addition to television advertising.
Ad tracking occurs when businesses follow you online and use cookies and other tracking technologies to learn about your online behaviour and preferences in order to provide you more pertinent, targeted adverts. Online advertising that uses images rather than words is called a "banner ad." Promoting a brand and/or directing visitors from the host website to the advertiser's website are the two main goals of banner advertising. In order to draw customers' attention, banner adverts, which can be static or dynamic, are placed in key locations on websites. Brands can advertise their products and entice visitors to visit their website by using banner ads.
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Please help--
Spending that is based on the purchase decisions you make that can vary from month to month is a ___
Answers
Blackmon Brothers law firm used 165 legal pads over the last three weeks (15 days). It takes them three days to get more, and they want to keep two day's worth as a safety stock. How low can their stock get before they need to order more?
Answers
Answer:
55 legal pads.
Explanation:
The level at which Blackmon Brothers should order more legal pads is the re-order point.
The calculate re-order point, we require
Average daily usage
Delivery lead time
Safety stock is needed.
For Blackmon, Average daily usage will be 165 divided by 15 days
=165/15
=11 legal pads per day.
Lead time is 3 days
Formula for getting the re-order point
= (average daily usage x delivery time) + requires safety stock
For Black man
= (11 x 3)+ (11 x 2)
=33 + 22
=55 legal pads.
They should re-order when they have a balance of 55 legal pads.
During which step would you review any handouts or previous assignments?
a. Surveying
C.
2nd read through
b. 1st read through
d. Summarizing
The Correct Answer is A. Surveying for Edge2020
Answers
Answer: a. Surveying
Explanation:
The answer is indeed Surveying.
Surveying in terms of reading refers to looking through a text in a broad manner and focusing on key details so as to find out if the text is something that you feel is interesting enough to be read in-depth.
It is during this stage that you review any handouts and/ or previous assignments by looking or skimming through the aforementioned to see if they can be of any help in the current project.
Answer:
A. Surveying
Explanation:
"If you have been or currently employed at a front desk in a
hotel, what do you think of the potential for repeat business from
current guests?
Answers
Positive guest experiences and excellent customer service increase the potential for repeat business from current hotel guests.
As somebody who has been utilized at a front work area in a lodging, I accept there is critical potential for rehash business from current visitors. Building positive associations with visitors is vital in this job, as it encourages trust and dedication. By giving remarkable client support, tending to visitor needs speedily, and guaranteeing an agreeable stay, visitors are bound to pick similar lodging for future visits. Rehash business helps income as well as takes into consideration customized administration in view of visitor inclinations and previous encounters. It likewise sets out open doors for informal exchange suggestions, prompting new clients. Hence, focusing on visitor fulfillment and developing an inviting air can significantly add to encouraging recurrent business from current visitors.
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Your reading material states that ________ is the key to successful human interaction on any level. A. Persistence b. Capitulation c. Compromise d. Assertiveness
Answers
Persistence is the secret to successful human contact at any level, according to your reading material.
What does being persistent mean?1.: attempting to accomplish a task or continue to do something despite obstacles or requests from others to stop. A persistent salesman bugged us. He is one of the most steadfast opponents of the administration. She has pursued the job tenaciously.
What makes a person so persistent?People that are persistent have an objective and vision in view that inspires and propels them. They frequently have a higher purpose for their lives than just making a living; they are dreamers and visionaries. Their vision is embedded profoundly, and they are intensely passionate and energetic in their ongoing attention on it.
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Which action will most improve a workers attitude
Answers
Answer:
to always
Explanation:
smile and be on there best behavior
Answer:
be a responsible worker
SodaPop Company has two operating departments: Mixing and Bottling. Mixing has 385 employees and Bottling has 165 employees. Office costs of $164,000 are allocated to operating departments based on the number of employees. Determine the office costs allocated to each operating department. Department Employees Percent of Total Cost Allocated % Mixing Bottling Total % 0 0.00 % $ 0
Answers
The office costs allocated to the Mixing department is $121,846.15, and the office costs allocated to the Bottling department is $42,153.85.
To determine the office costs allocated to each operating department, we need to calculate the proportionate share of office costs based on the number of employees in each department.
The total number of employees in the Mixing department is 385, while in the Bottling department, it is 165.
To calculate the percentage allocation, we divide the number of employees in each department by the total number of employees (550 in total).
For the Mixing department, the percentage allocation is (385/550) * 100 = 70%.
For the Bottling department, the percentage allocation is (165/550) * 100 = 30%.
Now, we apply these percentages to the total office costs of $164,000.
For the Mixing department, the allocated cost is (70/100) * $164,000 = $114,800.
For the Bottling department, the allocated cost is (30/100) * $164,000 = $49,200.
The office costs allocated to the Mixing department is $121,846.15, and the office costs allocated to the Bottling department is $42,153.85.
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________________ is used during the early stages of the product life cycle. Because the product is new, the focus is on explaining the benefits of the product class, and not on promoting the specific brand. ________________ is used during the early stages of the product life cycle. Because the product is new, the focus is on explaining the benefits of the product class, and not on promoting the specific brand. Company advertising Institutional advertising Pioneering advertising Advocacy advertising
Answers
Answer:
Pioneering Advertising
Explanation:
Pioneering advertising is the advertising campaign of the new product that should compete the single product by having a developed market place. The motive of this type of advertising is that to inform the consumers with respect to the arrival of the new innovation in the product along with the description of its benefits
So according to the given situation it represents the pioneering advertising
Which of the following is the best approach to promotion budgeting?
objective and task budgeting
all-you-can-afford budgeting
competitive parity budgeting
linear forecast budgeting
percentage of sales budgeting
Answers
The following is the best approach to promotion budgeting, the correct answer is the objective and task budgeting.
Objective and task budgeting is considered the best approach to promotion budgeting because it involves setting clear objectives and determining the tasks required to achieve those objectives. This approach focuses on aligning the promotion budget with specific marketing goals and activities.
By breaking down the objectives into actionable tasks, companies can accurately estimate the resources and costs needed for each task. This approach ensures that the promotion budget is based on a thorough understanding of the marketing objectives and the necessary activities to accomplish them.
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Tiko was approved for a credit card with a limit of $10,000. What would experts recommend that Tiko keep his balance below?
$1000
$5000
$8000
$3000
Answers
Answer:
usually for good credit most people advise that you spend 33% or less of your total credit line. Some say you can go up to 50% but I would recommend to build the best credits you should probably give his balance of $3,000 or less
Answer:
D
Explanation:
3000 or less
Why should you check the spelling by reading a document even if you used Writer's Spell Check feature? A. The Spell Check dictionary is usually out of date. B. Spell Check won't recognize mistakes you've made when you misspell a word in a way that makes another word. C. Spell Check only checks the first half of a document, so you have to check the rest yourself. D. The Spell Check suggestions are always wrong.
Answers
Answer:
B) Spell Check won't recognize mistakes you've made when you misspell a word in a way that makes another word.
Explanation:
What is an investment portfolio?
A. A selection of varied accounts
B. A selection of varied instruments
C. A selection of varied applications
D. A selection of varied stocks and bonds
Answers
Answer:
In finance, a portfolio is a collection of investments aka stocks and bonds!
Regina, Brock, and Sean are website designers who have been tasked to create a new website together.
This is an example of:
alliance
collaboration
punctuality
relationship
Answers
Answer:
B: Collaboration
Explanation:
I took the test
Answer:
B: Collaboration
Explanation:
I took the test
buying and selling goods, acquiring insurance, and using supplies represent __________ transactions.
Answers
Term that represents the Buying and selling goods as well as acquiring insurance, and using supplies is :Financial transaction.
Financial transaction can be regarded as agreement, or communication that Is being entered by a buyer and a seller so that asset can be exchanged for for payment.
It involves Buying and selling goods as well as acquiring insurance.Therefore, the correct term is
financial transaction.
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1; Choose a business or an industry that is considered as a perfect market and explain which characteristics of a perfect market are not met by this business or industry.
Answers
Answer:
hey what kind of watch is that in your profile pic
The Martinez, Inc. sold 10,940 season tickets at $2,180 each. By December 31, 2017, 16 of the 40 home games had been played. What amount should be reported as a current liability at December 31, 2017?
Answers
The amount that should be reported as a current liability at December 31, 2017 for Martinez, Inc. can be calculated as follows:
1. Calculate the total revenue from the sale of season tickets: 10,940 tickets x $2,180 each = $23,848,200
2. Calculate the percentage of home games that had been played by December 31, 2017: 16 games / 40 games = 0.4 or 40%
3. Calculate the amount of revenue that had been earned by December 31, 2017: $23,848,200 x 0.4 = $9,539,280
4. Calculate the amount of revenue that had not been earned by December 31, 2017 and should be reported as a current liability: $23,848,200 - $9,539,280 = $14,308,920
Therefore, the amount that should be reported as a current liability at December 31, 2017 is $14,308,920.
Answer: $14,308,920
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