A basic premise underlying analytical procedures is that
A The study of financial ratios is an acceptable alternative to the investigation of unusual fluctuations.
B Statistical tests of financial information may lead to the discovery of material misstatements in the financial statements.
C Plausible relationships among data may reasonably be expected to exist and continue in the absence of known conditions to the contrary.
D These procedures cannot replace tests of balances and transactions.

Answers

Answer 1

Answer:

C Plausible relationships among data may reasonably be expected to exist and continue in the absence of known conditions to the contrary.

Explanation:

Analytical procedures are defined as a set of practices during financial audit that assists the auditor asses potential risk, gain better understanding of a business, and give a framework for planning of future audits.

It shows relationship between financial and non financial data.

For example variability in relationships between financial and non financial data can result from factors like unusual events, business changes, random fluctuations, and misstatements.

So the basic underlying premise is that relationship among data will continue except conditions influence it to the contrary


Related Questions

Help me please... help

Answers

Direct stakeholders are those involved in the company's day-to-day activities. Like employees, who carry out their daily tasks, working on the company's ongoing projects. Indirect stakeholders are those who are more interested in the result of the production. Direct stakeholders are entities that have a visible role in the organization, regulation, operation and support of the bus service; or people, communities and entities that use the service or are impacted by it. Indirect stakeholders are anyone else whose interests are either enhanced or threatened.

Answer:

Explanation:

C part

A water main downtown broke this morning, so several businesses had no water for hours. a. addition b. time c. comparison d. cause and effect 2. Even though most Americans are primarily concerned about AIDS as it exists in the U.S., it should be remembered that it is now nearly a worldwide disease. a. addition b. time c. contrast d. comparison 3. Larry will probably be a late bloomer socially, just like his older brothers. a. time b. contrast c. comparison d. cause and effect 4. There are ways you can make

Answers

Complete Question:

4. There are ways you can make boring tasks more pleasant. For instance, bring a portable radio and listen to music on the earphones while you work.

Answer:

1. D

2. C

3. C

4. Illustration or example.

Explanation:

1. Cause and effect can be defined as the relationship between two things or events in which an occurrence one (cause) leads to the occurrence of another (effect).

2. A contrast is typically used to show the difference between two concepts, people, place or objects. For example, AIDS doesn't exist only in US but it's now a worldwide disease.

3. Comparison involves the process of showing the relationship or similarities between two concepts, people, place or objects.

4. An illustration or example is used to describe a situation by sighting or sharing a real-life experience.

Below is the income tax system for the country of Genovia.


For income from $0 to $100, no income tax.

For all income above $100 but less than $400, the tax rate is 20%.

For all income above $400, the tax rate is 40%.

Jane Doe’s income is $500. What is her AVERAGE tax rate?


Group of answer choices


40%


33%


50%


20%


25%

Answers

Answer:

24%

Explanation:

The computation of the average tax rate is shown below:

Given that

From income $0 to $100, no income tax is applicable

From income above $100  upto $400, the tax rate is 20%

The income above $400, the tax rate is 40%

So based on the above information

Since the Jane doe income is $500

So here the average tax rate is

= (400 × 0.20) + (100 × 0.40) ÷ $500

= ($80  + $40) ÷ ($500)

= ($120) ÷ ($500)

= 24%

This is the answer but the same is not provided in the given options

how can exchange rates change to reduce the wage differential between countries​

Answers

Answer:

The exchange rate is the value for which one currency can be exchanged for another. Thus, for example, 20 Mexican pesos are needed to acquire an American dollar.

Technically, it could happen that a country changes its exchange rate with respect to a hard currency (such as the Dollar or the Euro) through fixed exchange rates, in order to increase the value of the salaries of its citizens, measured in international currencies. For example, if the Mexican government fixed a parity between the dollar and the peso of value 1 to 1, the minimum wage of Mexicans would go from being worth $ 215 to multiplying by 20, that is, to $ 4,300.

Now, in practice, this situation is practically impossible, since it would imply a monetary modification in the country that makes the adjustment, since otherwise it would imply an unprecedented inflationary peak.

Which information would best be displayed using a two-variable data table?
A. monthly payments on two different loans with different interest rates and monthly payments
B. monthly payments on a loan if the interest rate changes at least every two years
C. monthly payments on two different loans if the number of monthly payments are different
D. monthly payments on a loan if the interest rate and number of monthly payments change

Answers

Answer:

A. monthly payments on two different loans with different interest rates and monthly payments

Explanation:

The correct option is - A. monthly payments on two different loans with different interest rates and monthly payments

Reason -

A two-variable data table shows how various combinations of 2 sets of variable values affect the formula result.

In other words, it shows how changing two input values of the same formula changes the output.

Two-variable data table is best suited in situations when you want to see how the final result changes when two of the input variables change simultaneously.

In the given question ,

The output is loan and the input variables are interest rates and monthly payment.

So,

The suitable option is - A. monthly payments on two different loans with different interest rates and monthly payments

Which of the following is true of a global product structure?
a. It provides a fairly straightforward way to effectively manage a variety of businesses and products around the world.
b. It provides a way to achieve vertical and horizontal coordination simultaneously along two dimensions.
c. It works best when pressure for decision making balances the interests of both product standardization and geographic localization.
d. It enables a global firm to achieve aspects of both global uniformity and local diversification and responsiveness.

Answers

Answer:

a. It provides a fairly straightforward way to effectively manage a variety of businesses and products around the world

Explanation:

A global product structure is one that involves a single production and marketing strategy globally in all locations where a business operates.

There is limited product scope and practices such as advertisements are the same in all locations.

As such the management of this type of product structure is straightforward because the same strategy is used consistently.

There is no need to tailor products and services to the local environment a business exists.

In 1994, president Clinton said the new trade agreements would create a market for American products in China. What happened to the American companies after opening trade with China?

Answers

Answer:

- US retailers costs decreased and their profits increased

- US suppliers moved production to China and sell to America

Explanation:

In the year 1994, the diplomatic relation between the United States and the People's Republic of China strengthened and they reestablished their positions. They then signed a bilateral trade agreement  which opened the markets of China for the American products.

But things turned out differently as they were envisaged in the Chinese markets. The American' trade did not lived up to the expectations in the Chinese markets. China was a tough market for small and medium sized companies of America. The retailers of the US decreased in costs and the China's profit increased. Also the suppliers of he US moved to the production of China and they in turn sell to the American market.

write a story that ends with and it was all a dream​

Answers

Answer:

The wound in my side hurt so much. I held my hand to my side, trying to apply enough pressure to help slow the bleeding. It wasn't enough though. The wound was too deep. Blood had already soaked through my shirt and begun seeping through the gaps between my fingers.

I gritted my teeth in pain, trying to stay as quiet as possible. I couldn't get caught at all costs. I would have to start running again soon. I couldn't hide behind this tree forever. They would surely find me if I did.

Using the tree for support, I stood up. As soon as I righted myself, the pain in my side worsened and I couldn't stifle the pained whimper I released. MY head started to feel fuzzy and my vision started to blur. I was about to take a step away from the tree when everything started spinning. Suddenly I was falling and then everything faded to black.

I don't know what happened next, but I do know that I woke up, tangled in the sheets on my bed. It was all a dream.

Careers emerging to improve environmental conditions include:


sanitary engineer

red physician

environmental geologist

green architect

Answers

Answer: The answer is green architect & environmental geologist.

Explanation:

Answer:

green architect and environmental geologist

Explanation:

30 points please help!
Which of the following are NOT considered employment taxes?
a. real estate taxes
b. social security taxes
c. self-employment taxes

Answers

Answer:

B.

Explanation:

Social Security is Payroll Tax.

Daniel is the vice president of an insurance company that sells workers' compensation insurance. Recently, the company has identified problems of cost control in all of its offices. Daniel formed a team composed of the sales managers of all the four regions, along with some staff members from the company's informational technology and administration departments, to study the problem and make recommendations. This team is an example of a:

Answers

Answer:

Task force

Explanation:

A task force is defined as a group or unit that exists to address a particular issue or set of issues.

They come together to formulate solutions to a problem.

In the given scenario there was problems of cost control in all of the offices.

A team was formed specifically to solve this problem so it is a task force. The make up of the team was sales managers of all the four regions, along with some staff members from the company's informational technology and administration departments.

It is not a command group as the managers do not have the same supervisor or manager.

1. How does competition affect the prices that airlines charge for fares?

2. How does a lack of competition affect the prices that the train company charges for fares?

Answers

Explanation:

Different routes of the same distance cost different amounts generally not because they cost different amounts to operate, but because of how much the competitors are charging. ... In all, the truth is that prices reflect what people will pay and so people will pay what flights are priced.I don't really know this part tho...

Suppose the city of Austin, TX chooses to regulate the number of street vendors operating near the University of Texas by requiring each vendor to own a permit in order to operate. The city gives free permits to all existing vendors and announces that no new permits will ever be issued. Prior to regulation, the costs (including implicit costs) of operating were $85,000 and revenues were $150,000. The city ordinance allows the permits to be bought and sold without restriction. The permits have no expiration date. The interest rate is 10 percent. After regulation, existing street vendors earn an
A. accounting profit of zero.
B. economic profit of $130,000.
C. economic rent of $65,000
D. economic loss.

Answers

Answer:

economic rent of $65,000

Explanation:

Economic rent is the amount of money paid in excess to a factor of production in excess of what is socially optimum

Economic rent = $150,000 - $85,000 = $65,000

Accounting profit= total revenue - explicit cost

Total revenue =price x quantity sold  

Explicit cost includes the amount expended in running the business. They include rent , salary and cost of raw materials

Economic profit = accounting profit - implicit cost

Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives

Without the regulation, economic profit would be driven to zero.

On March 14, Ian Co. accepted a 180-day, 5% note in the amount of $1,000 from Ali Co., a customer. On the due date of the note, Ali dishonors the note and fails to pay. The journal entry that Ian would record on the due date would include a: (Check all that apply.) Multiple select question. credit to Notes Receivable for $1,000. debit to Accounts Receivable - Ali for $1,025. debit to Interest Revenue for $25. debit to Notes Receivable for $1,025. credit to Accounts Receivable - Ali for $1,000. credit to Interest Revenue for $25.

Answers

Answer:

Debit to Accounts Receivable - Ali for $1,025,

Credit to Interest Revenue for $25,

Credit to Notes Receivable for $1,000,

Explanation:

Based on the information given The appropriate journal entry that Ian would record on the due date would include a:

Debit to Accounts Receivable - Ali for $1,025,

($1,000+$25)

Credit to Interest Revenue for $25,

(5%*$1,000*180 /360)

Credit to Notes Receivable for $1,000,

Explain the point of view of why the gender pay gap in sports is reasonable.
Please also list any sources used.

Answers

Answer:

In the world of sports, there is a notorious wage gap between men and women, in which male athletes earn much higher wages than women. Thus, for example, the best soccer player in the world, the Argentine Lionel Messi, earns about $ 100 million a year, while the best-paid female soccer player is the American Alex Morgan, who earns about $ 500,000 a year.

This huge gap has its logic in the world of advertising: men, due to physical and anatomical characteristics, have a better performance in sports in general (with some exceptions), with which their performance is more spectacular than that of female athletes, thus generating a larger audience and, therefore, generating higher advertising revenue. Because of this situation, that is, to generate higher income, it is that male athletes earn more money than female athletes.

If you could completely remove something you put online forever, what would it be?

Answers

Answer: Nothing, I just want it all if I would remove something I would of tell you. But I don’t. :)

Explanation:

___ requrements are courses that build knowledge and skills in a specific field.

A. major
B. general studies
C. specialization
D. elective​

Answers

The Awnser is c specialization

D. elective requrement are courses that build knowledge and skills in a specific field

Sara would like to open a bank account. What will she need to do this? Choose three answers.

identification card
high school diploma
money to start the account
birth certificate
proof of address

Answers

Answer:

identification card, money to start the account, and proof of address.

Explanation:

She will need Identification card, Minimum Money and Proof of address.

Any financial institutions such as banks and Insurance industry are mandated to collect information about their prospective client before giving them an account.

Most of the banks will ask Sara to provide the her Social Security number, Valid photo ID and Minimum opening deposit which varies from banks to banks.

In conclusion, Sara will need to provided her Identification card, Money to start and Proof of address.

Read more on this here

brainly.com/question/7646667

Tom is the aerobics coordinator at a fitness center. He needs a more efficient way for his instructors to share information. Class schedules are updated on a regular basis. Instructors need to indicate when they cannot teach a class and other instructors need to be able to sign up to cover the class. Instructors also often attend training classes and learn new procedures. Having a place to share their learning and update procedures will benefit them and their clients. Cindy is taking a business class and told Tom about a great tool that will serve their needs. What was the technology tool Cindy told Tom about

Answers

Answer:

wikis technological tool

Explanation:

As regards to the case above, the technology tool Cindy told Tom about is wikis technological tool . A wiki can be regarded as collaborative tool that provides students with enablement to make contribution and to perform modifications on one or more than one pages of course related materials. This tool is collaborative in nature, as a result of this, it facilitate community-building within a course. a wiki can be regarded as a web page and a collaborative software that has an open-editing system. It was set up to

the lexicon by Ward Cunningham who was a programmer

A proper greeting is essential to which part of the sales process?

A. qualifying leads

B. assessing needs

C. collaborating

D. establishing rapport

Answers

I’m not sure but maybe c

Good relationship selling increases

A. customer satisfaction

B. customer qualification

C. word of mouth

D. customer retention

Answers

The answer is customer retention <3

anyone like jschlatt here

Answers

Personally never knew he existed till yesterday, and I gotta say he is a very funny man.

Answer: yes.

Explanation:

cause he's amazing, he's jschlatt, and he's awesome

thank you for coming to my TedTalk :)

Career Cluster
If your dream is to be an elementary school teacher, the
might be best for you.
A. Education and Training
B. Human Services
C. Health Sciences
D. Training and Instruction

Answers

Answer: A

Explanation

A television production company was looking for an idea for a new show and approached Emeril Lagasse, a charismatic chef who frequently appears on the Food Channel. It was decided the production company would build a show based around Lagasse's life. Although the casting of the popular Lagasse insured people would watch the first couple of shows, poor scripts led to the cancellation of the show. In terms of the SWOT analysis, the casting of Lagasse was a _____, and the poor scripts were a _____.

Answers

Answer:

Strength, weakness

Explanation:

In terms of the SWOT analysis, the casting of Lagasse was a Strength, and the poor scripts were a Weakness.

Which of the following is a true statement?
1) FAS Market Development and Export Assistance partners with over 100 cooperator groups
2) FTC stands for Federal Trade Commission
3) FAS stands for Federal Agricultural Sector
4) Imports are goods produced in one country then shipped to another country​

Answers

Answer:

2) FTC stands for Federal Trade Commission

Explanation:

The true statement is that, FTC stands for Federal Trade Commission.

The Federal Trade Commission (FTC) is an agency of the government of the United States of America saddled with the responsibility of promoting consumer protection and the enforcement of all civil antitrust laws.

Basically, the laws formulated or established by the FTC are to provide protection for consumers of various goods and services while requiring that businesses do not make false claims about them. Also, the Federal Trade Commission (FTC) is responsible for competition regulations among manufacturers of goods and services provided for the consumers.

Why should managers worry about product overcosting or​ undercosting? A. Averaging can result in inaccurate and misleading cost data. As​ such, companies may overinvest in products that have been​ overcosted, and underinvest in products that have been undercosted. B. Overcosting may result in competitors entering a market and taking market share for products that a company erroneously believes are​ low-margin or even unprofitable. Undercosting may result in companies selling products on which they are in fact losing​ money, when they erroneously believe them to be profitable. C. Overcosting products may lead to sales that acutally result in losses because the sales may bring in less revenue than the cost of the resources they use. Undercosting products may lead to the loss market share to competitors selling similar products. D. If prices of products are determined by the market based on co

Answers

Answer:

Overcosting may result in competitors entering a market and taking market share for products that a company erroneously believes are​ low-margin or even unprofitable. Undercosting may result in companies selling products on which they are in fact losing​ money, when they erroneously believe them to be profitable.

Explanation:

The manager would worry withe overcosting or understanding of product as the overcosting would be done when the competitors are entered in the market and they took the market share so that the company could trust that they are less margin while on the other hand undercosting means the company that sells the product also at the same time they are losing the money when they trust to be profitable  

Someone help me please.... I really appreciate

Answers

Personal goal: A personal goal I have is to be and active citizen to my community. Help others, pick up trash.

High school Goal: My high school goal is to graduate, so I can get into and Ivy League school.

Financial goal: My goal is to have enough money for my college tuition.

Here are 50 points have a good day or night, hope this helps u out :)

Answers

hi there!

thank you so much, are you sure you dont have any question(s) that i could help you with? because i would be more then happy to help! :)

i hope you have a great rest of your day <3

you are such a good person thank you!

Name 4 things you can buy insurance for?

Answers

Answer:

Weather, Car, house, and appliances.

Explanation:

Its simple

Car Insurance.
Home Insurance.
Life Insurance.
Disability Insurance.
Health Insurance.

Well Water Inc. wants to produce and sell a new flavored water. In order to penetrate the market, the product will have to sell at $2.00 per 12 oz. bottle. The following data has been collected: Annual sales 50,000 bottles Projected selling and administrative costs $8,000 Desired profit $70,000 The target cost per bottle is

Answers

Answer:

$0.40

Explanation:

Total Cost of Goods Sold = Sales revenue - Desired profit

Total Cost of Goods Sold = ($2*50,000) - $70,000

Total Cost of Goods Sold = $100,000 - $70,000

Total Cost of Goods Sold = $30,000

Target cost per bottle = Total cost of goods sold / Units sold

Target cost per bottle = $20,000/50,000

Target cost per bottle = $0.40

So, the target cost per bottle will be $0.40

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