Arthur Andersen in which accounting firm audited all of these companies.
Option A is correct
What is Account Auditing ?
Audit accounting can be an internal procedure focused on risk mitigation and identifying potential for cost reductions. Audit accountants can also be independent specialists that perform external audits on corporate accounting.
Audits are classified into three types:
External audits Internal audits Internal Revenue Service (IRS) audits.The audit's primary goal is to establish an opinion on the facts in the financial report as a whole, rather than to identify all probable anomalies. This means that, while auditors are on the lookout for signals of potential substantial fraud, there is no guarantee that fraud will be detected.
To know more about account auditing :
brainly.com/question/26690519
#SPJ4
Complete Question :-
Which accounting firm audited all of these companies: Sunbeam, Waste Management, Global Crossing, and Baptist Foundation of Arizona?
a. Arthur Andersen
b. KPMG
c. PriceWaterhouse
d. Deloitte & Touche
A _____ is targeted to borrowers with low credit scores, high debt-to-income ratios or signs of a reduced ability to repay the money they borrow.
A subprime mortgage is targeted to borrowers with low credit scores, high debt-to-income ratios or signs of a reduced ability to repay the money they borrow.
A subprime mortgage is mostly a loan that's meant to be offered to prospective borrowers with impaired credit records. the upper rate of interest is meant to compensate the lender for accepting the greater risk in lending to such borrowers. The charge per unit on subprime and prime ARMs can rise significantly over time. A subprime mortgage carries an rate of interest on top of the rates of prime mortgages. Therefore, subprime mortgage is typically targeted to borrow low credit scores, high debt-to-income ratios or signs of a reduced ability to repay the cash they borrow.
Learn more about subprime mortgage.
https://brainly.com/question/12878458
#SPJ4
A subprime mortgage is targeted at borrowers with low credit scores, high debt-to-income ratios or signs of a reduced ability to repay the money they borrow.
A subprime mortgage is mostly a loan that's meant to be offered to prospective borrowers with impaired credit records. the upper rate of interest is meant to compensate the lender for accepting the greater risk in lending to such borrowers. The charge per unit on subprime and prime ARMs can rise significantly over time. A subprime mortgage carries an rate of interest on top of the rates of prime mortgages. Therefore, subprime mortgage is typically targeted to borrow low credit scores, high debt-to-income ratios or signs of a reduced ability to repay the cash they borrow.
Learn more about subprime mortgage.
brainly.com/question/12878458
#SPJ4
What do you think would be the most difficult part of being a public relations specialist?
Answer:
Public relations specialists create and maintain a favorable public image for the organization they represent. They craft media releases and develop social media programs to shape public perception of their organization and to increase awareness of its work and goals.
Explanation:
A public relations specialist has to face difficulties like being able to maintain the image of the public figure that they have created for themselves in the eyes of the society.
Who is a public relations specialist?A public relations specialist is an individual or an organization who looks after the creation, maintenance of the image of a public figure and looking after the affairs related thereto.
There are many difficulties that might come in this way, like behavior of such individual in the society, positive or negative actions of such affairs and ensuring that the image of such individual in the society stays.
Hence, it can be stated that a public relations specialist has to face numerous difficulties in his daily course of life.
Learn more about public relations specialist here:
https://brainly.com/question/14844691
#SPJ2
new technologies such as and led to a new boom era of oil and gas production in texas, beginning in 2008 and continuing through today. group of answer choices
New technologies such as horizontal drilling and fracking led to a new boom era of oil and gas production in Texas, beginning in 2008 and continuing through today.
This depth is normally a thousand–3000 m below the floor . as soon as this calculated intensity is reached, the property starts offevolved to turn at an angle this is step by step improved till the well becomes parallel with the reservoir. As soon as the property is parallel with the reservoir, it's far drilled until the favored length is reached.
Fracking, or hydraulic fracturing, first invented in 1947, is the procedure of extracting oil or natural fuel from rock formations through drilling – nowadays, the use of a way called horizontal drilling – and then the usage of excessive pressured water to move the herbal fuel or oil to the floor wherein it is amassed.
Learn more about Fracking here: https://brainly.com/question/13901645
#SPJ4
Read the scenario and answer the question.
A hurricane hit the Georgia coast and citizens living along the coast lost power to their homes for two weeks after the storm. During that
time, citizens had limited access to drinkable water and gasoline for their vehicles and generators.
Since gasoline was more scarce than usual, how was the market for gasoline likely affected following the storm?
A
The price of gasoline increased in coastal cities since gasoline was harder to find.
B
Citizens purchased substitute products that would satisfy their demand for gasoline.
С
The demand for gasoline decreased until it became widely available once again.
D
Temporary shortages of gasoline resulted in a price reduction by producers.
Answer:
A). The price of gasoline increased in coastal cities since gasoline was harder to find.
Explanation:
As per the principles of demand and supply, a decrease in supply while demand remains constant will cause the price to increase. In Georgia, the supply of gasoline was interrupted by the storm's effect. There was little gasoline coming in, leading to a shortage. After Electricity went off, gasoline demand must have gone high as people needed fuel for generators.
Gasoline has no close substitutes, especially when used as fuel for cars and generators. A shortage results in the scramble for the little available products. Sellers hike prices to maximize profits, and buyers are willing to pay more to get the scarce gasoline, thereby increasing its prices.
if a property sold for $3,000 per acre and the buyer bought 5 acres and one square mile, what was the total purchase price? select one: a. $15,000 b. $1,920,000 c. $1,935,000 d. $2,500,000
The total purchase price of the property is $1,935,000 so option (C) will be correct.
What is unit conversion?To convert any unit into another is called a unit conversion.
In order to convert units, we need to care about their dimensions their dimension should not be changed.
For example conversion of a kilometer to a meter is to multiply by 1000 but meter and kilometer both unit is for distance only.
Rate of selling price ⇒ $3,000/acre
Since,
1 square mile = 640 acre
So,
5 acres and one square mile = 5 + 640 = 645 acres.
Total purchase price = Number of acres × Rate of the selling price
Total purchase price = 645 × 3000
Total purchase price = 1,935,000
Hence "The total purchase price of the property is $1,935,000".
To learn more about unit conversion,
brainly.com/question/11543684
#SPJ4
Which of the following statements describes the most likely reason why
ethical employees are important for a company?
Answer:
Works because they create products and help the company thrive
Explanation:
Answer: C. It can save money :)
Explanation:
when did neil armstrong first ride in a plane?
Answer:
July 26, 1936
Explanation:
Hope this helps
Answer:
January 5, 1951
Explanation:
hope this helps
various financial data for the past two years follow. calculate the total productivity measure and the partial measures for labor, capital, and raw materials for this company for both years. what do these measures tell you about this company
The total productivity decreased from 1.66 to 1.53 due to the decrease in the productivity of the labor( from 6.67 to 5.5) and raw materials (from 5.71 to 4.88)
Explanation:
productivity is defined as the ratio of the output to input.
partial measures are defined as the ratio of the output to the single input or it is the ratio of the output to the labor or the ratio of the output to capital.
the total measure is the ratio of the goods or services produced to all the inputs used in producing them.
LAST YEAR:
total productivity = 1.66
partial productivity for labor = 6.67
partial productivity for capital = 4
partial productivity for raw materials = 5.71
THIS YEAR:
total productivity= 1.53
partial productivity for labor= 5.5
partial productivity for capital = 4.4
partial productivity for raw materials = 4.88
learn more about productivity here; https://brainly.com/question/2992817
#SPJ4
at the end of the current year, using the aging of accounts receivable method, management estimated that $16,500 of the accounts receivable balance would be uncollectible. prior to any year-end adjustments, the allowance for doubtful accounts had a debit balance of $400. what adjusting entry should the company make at the end of the current year to record its estimated bad debts expense?
The adjusting entry that the company should pass at the end of the current year to record the bad debts expense:
Bad Debts Expense 16,900
Allowance for Doubtful Accounts 16,900
What is an allowance for doubtful accounts?A contra account called an allowance for doubtful accounts nets against the total receivables shown on the balance sheet to only show the amounts anticipated to be paid. The percentage of accounts receivable that are anticipated to be uncollectible is estimated by the allowance for doubtful accounts.
A negative balance in the allowance for doubtful accounts means that more accounts than anticipated have been written off. A contra asset account with a typical credit balance is the allowance for doubtful accounts.
Under the aging method, the adjusting entry for bad debt expense is calculated using the following formula:
Estimate of uncollectible accounts - (+) Current credit (debit) balance in the allowance for doubtful accounts = Bad debt expense
Hence, The adjusting entry that the company should pass at the end of the current year to record the bad debts expense is given above.
Learn more about the allowance for doubtful accounts:
https://brainly.com/question/17008094
#SPJ4
"Your question is incomplete, probably the complete question/missing part is:"
Bad Debts Expense 16,500
Allowance for Doubtful Accounts 16,500
Bad Debts Expense 16,100
Allowance for Doubtful Accounts 16,100
Bad Debts Expense 16,900
Allowance for Doubtful Accounts 16,900
Accounts Receivable 16,500
Bad Debts Expense 400
Sales 16,900
Accounts Receivable 16,900
Allowance for Doubtful Accounts 16,900
Which is better a streamer or content creator cause if so I will be doing that job (:
Don't risk everything to be one of the 2. There is lots of competition on streaming platforms, and those who have made it big have the advantage. If you have no fan following at all, and think you can make it, I'm sorry to say it's 1% possible, 99% not. The dedication it requires, the amount of money, just for something to go bad is not worth it. I would find another career, sorry.
comparing vendor invoices to inventory prices, obtaining lower of cost or market data and recalculating deprecation schedules relate to the assertion.
Comparing seller invoices to stock fees, obtaining decreased price or market facts, and recalculating deprecation schedules relate to the assertion: of valuation and allocation.
Definition of assertion: the act of affirming or something this is asserted: consisting of. a: insistent and superb in asserting, keeping, or defending (as of a proper or attribute) an announcement of ownership/innocence. b : an announcement that something is the case He provided no proof to help his assertions.
An instance of someone making a declaration is a person who stands up boldly in a meeting with a factor in opposition to the presenter, despite having valid proof to guide his statement. An example of an announcement become that of ancient scientists that stated the arena changed into a flat.
An assertive sentence is a sentence that states a fact. Such sentences are easy statements. The nation asserts or declares something. they are additionally referred to as declarative sentences. Assertive sentences typically give up with a length or complete prevent.
Learn more about assertion here: https://brainly.com/question/26115325
#SPJ4
given that jacob's chocolates company had beginning retained earnings of $4,000; net income during the period of $10,000; and dividends of $300 calculate the ending balance in the retained earnings account.
The ending balance in the retained earnings account is $13,700.
What is retained earnings?Retained earnings is the cumulative profit of a company after dividends have been paid. Retained earnings is net income less dividends. The result is then added to retained earnings at the beginning of the period.
The formula used to determine retained earnings is :
Retained earnings = beginning of period retained earnings + net income - dividends.
Retained earnings = 4,000 + $10,000 - $300 = $13, 700
To learn more about retained earnings, please check: brainly.com/question/14529006
#SPJ1
chegg at the beginning of the period, a company reported $100,000 of common stock, $10 par; and $50,000 paid-in capital in excess of par. at the end of the period, this company reported $110,000 of common stock, $10 par; and $90,000 paid-in capital in excess of par. cash received from the sale of common stock during the year is $ .
Cash received from the sale of common stock during the year is $50,000
Cash received from the Sale of Common stock during the year is
= (End of period common stock - Beginning of the period common stock) + (End of period paid-in capital in excess of par - Beginning of the period paid-in capital in excess of par)
= (110,000 - 100,000) + (90,000 - 50,000)
= 10,000 + 40,000
= 50,000 $
What is Cash receipt?
A cash receipt is a printed acknowledgement of the amount of cash received during a transaction involving the transfer of cash or cash equivalent. The vendor gives the consumer the original copy of the cash receipt, keeping the other copy for accounting needs.An accounting item called a cash receipt certifies the acquisition of cash from a customer. On the balance sheet of the corporation, cash receipts normally raise (debit) the cash balance. Simultaneously, they decrease (credits) either accounts receivable or another asset account.No matter the industry, all businesses need cash receipts. A business can better track its revenue and costs by precisely recording cash deposits.To know more about Cash receipt example visit:
https://brainly.com/question/13869337
#SPJ4
buyer most likely sue for specific performance? select one: a. if the seller did not inform the buyer that the property being purchased is a servient estate (easement placed upon it). b. if the seller defaulted on the contract before closing c. if the broker lied about the location of the schools d. if the salesperson misquoted the size of the lot jump to...
buyer most likely sue for specific performance if the seller defaulted on the contract before closing
A Sale and Purchase Agreement (SPA) is what, exactly?
A Sale and Purchase Agreement (SPA) is a contractual agreement describing the terms on which the buyer and seller of a property have come to an understanding (e.g., a corporation). In any sale transaction, it serves as the primary legal document. Essentially, it outlines the agreed-upon terms of the transaction, offers several significant safeguards to all parties involved, and establishes the legal framework needed to finalize the sale. Therefore, the SPA is extremely important to both sellers and buyers.
to know more about A Sale and Purchase Agreement
https://brainly.com/question/27180298
#SPJ4
accounting information is if similar items are treated the same way among various companies highlighting similarities and differences between events and conditions.
Accounting information is comparable if similar items are treated the same way among various companies highlighting similarities and differences between events and conditions.
What is accounting ?
Accounting is the process of documenting a company's financial transactions. Accounting comprises summarizing, evaluating, and reporting these transactions to oversight organizations, regulators, and tax collecting authorities.
Accounting is a back-office activity in which staff do not have direct contact with clients, product development, or production. Accounting, on the other hand, is critical to a company's strategic planning, growth, and compliance obligations.
Accounting is required for business growth. Accounting is required for funding. Accounting is required in order to make and collect payments.
To learn more about Accounting visit this link
https://brainly.in/question/329091
#SPJ4
Word count - 103 words
(c) the limits of the terms of trade are determined by the comparative cost conditions in each country before trade: 1a
Less commerce occurs as a result of partial specialization and rising costs than when costs are constant. The cost advantage one country has over another serves as the foundation for commerce. This explains why some countries make things that they also import since they are able to do so for less money than their trading partners.
What is comparative cost ?
Comparative costs refers to comparing, using a comparative costs approach, the costs of signing into a privatized contract to the expenses of the state maintaining to provide the services that are the subject of the contract.
Therefore,
The limits of the terms of trade are determined by the comparative cost conditions in each country before trade:
Less commerce occurs as a result of partial specialization and rising costs than when costs are constant. The cost advantage one country has over another serves as the foundation for commerce. This explains why some countries make things that they also import since they are able to do so for less money than their trading partners.
To learn more about comparative cost from the given link:
https://brainly.com/question/8141905
#SPJ4
after working for a few years as a tax accountant, alex began volunteering with a nonprofit to provide tax help to the economically disadvantaged. she spends several afternoons in the spring helping out, and feels great about it because she contributes to her community. is this an exchange?
The given scenario is NOT an exchange because Alex does not receive anything back for all that she has given.
What is Exchange?This refers to the interchange of items or things between two or more entities.
Hence, we can see that The given scenario is NOT an exchange because Alex does not receive anything back for all that she has given.
An exchange occurs when a person does a thing and then gets a thing back and this did not happen in this case.
For an exchange to occur, there needs to be giving and taking and from the described scenario, she performs pro bono work and she is not paid, so an exchange does not occur.
Read more about exchange here:
https://brainly.com/question/1366402
#SPJ1
Careers in the Transportation and Logistics career cluster are
unsecured industries that are expected to decline.
secure industries that are expected to grow.
dangerous industries whose job numbers stay the same.
safe industries whose job numbers stay the same.
Answer:
B)secure industries that are expected to grow.
Explanation:
The other person was right but just accidently said A) instead of B)
Hope this helps! :D
Careers in the Transportation and Logistics career cluster are secure industries that are expected to grow. The correct option is b.
What are career clusters?Career clusters are collections of jobs with shared characteristics, such as industry and objective. Job seekers use career clusters to help them find professions that match their particular interests and skills.
Career Clusters provide students with a context for studying traditional academics and learning the skills specific to a career, and provide U.S. schools with a structure for organizing or restructuring curriculum offerings and focusing class make-up by a common theme such as interest. In the U.S. Department of Education model, 17 Career Clusters link to 70+ more specific Career Pathways each having its knowledge and skills requirements. Within the 70+ career pathways, 1800 Career Specialties are defined. The structure has evolved and may vary by state.
The U.S. DOE Career Clusters framework is useful for connecting students with courses of study and careers via Career Assessments.
Learn more about your career, here:
https://brainly.com/question/30040900
#SPJ6
the assessment-instructional cycle includes collecting, analyzing, and interpreting data, as well as planning and implementing instruction.
What is the instruction assessment cycle?
different explanations of assessment and its function in teaching and learning:
WHAT IS EVALUATION?
To improve instruction and programs, assessment entails the use of empirical data on student learning.
In order to gain a thorough understanding of what students know, understand, and can do with their knowledge as a result of their educational experiences, assessment is the process of gathering and discussing data from numerous and diverse sources. The process is completed when assessment results are applied to enhance subsequent learning.
Making assumptions about pupils' learning and progress is based on systematic assessment. To better the learning and development of pupils, it entails identifying, choosing, designing, gathering, analyzing, and using information.
to know more about assessment
https://brainly.com/question/24690729
#SPJ4
which step in the decision-making process would help you in deciding how much money you want to make at work
The answer is b. as knowing what expenses you will have should determine how much money you need to try and earn.
What is expenses ?The operational costs incurred by a business in order to produce revenue are referred to as expenses. "It costs money to make money," says the adage.
Supplier payments, staff salaries, factory leases, and equipment depreciation are examples of common costs. Tax-deductible expenses can be deducted by businesses on their income tax returns to reduce their taxable income and, as a The operational costs incurred by a business in order to produce revenue are referred to as expenses. "It costs money to make money," says the adage.
Supplier payments, staff salaries, factory leases, and equipment depreciation are examples of common costs. Tax-deductible expenses can be deducted by businesses on their income tax returns to reduce their taxable income and, as a result, their tax burden. The Internal Revenue Service (IRS) sets rigorous guidelines about which expenses firms can deduct, though.
The operational costs incurred by a business in order to produce revenue are referred to as expenses.
If a business complies with IRS requirements, it is permitted to deduct tax-deductible expenses on its income tax returns.
One of two accounting procedures used by accountants is cash basis., their tax burden. The Internal Revenue Service (IRS) sets rigorous guidelines about which expenses firms can deduct, though.
The operational costs incurred by a business in order to produce revenue are referred to as expenses.
If a business complies with IRS requirements, it is permitted to deduct tax-deductible expenses on its income tax returns.
One of two accounting procedures used by accountants is cash basis.
To learn more about expenses from the given link:
https://brainly.com/question/14697297
#SPJ4
true or false – business associates are not required to notify covered entities (such as ghi, hip, hipic or cci) in the event of a potential, suspected or actual privacy or security violation or breach.
Measurements taken at various points in the transformation process for control purposes are called.
We can actually deduce here that measurements that are taken at various points in the transformation process for control purposes are called plans.
What is measurement?Measurement refers to the process of ascertaining the quantity of something. In research, there are concepts or tools that are employed in order to carry out measurements.
Quantities can be measured as well as quality. There is qualitative measurement which actually has to do with measurement that is carried out to determine the quality of something.
We see here that measurements that are taken at various points in the transformation process for control purposes are called plans.
Learn more about measurement on https://brainly.com/question/105317
#SPJ1
assume a manager has a choice between two cost drivers: one with a strong cause-and-effect relationship, but no information available and one with a weak cause-and-effect relationship that has information available. the company should choose the cost driver with the cause-and-effect relationship.
Assume a manager has a choice between two cost drivers: one with a strong cause-and-effect relationship, but no information available and one with a weak cause-and-effect relationship that has information available. the company should choose the cost driver with the weak cause-and-effect relationship.
Being comfortable with someone helps keep your relationship happy and healthy. The perfect relationship consists of two people who are happy to come back together at the end of the day and feel that they can be with their partner at all times. essential for a number of reasons. B.
Increase our emotional well-being, create stability, learn how to be good friends and partners, relationship have people we can count on and rely on when we need it, and have loved ones vent when we face difficulties. and friends and companions remove our loneliness and empower us
Learn more about relationship https://brainly.com/question/10286547
#SPJ4
Which is a possible benefit of having a good credit history?
Answer: Lower interest rates for loans
Explanation: The better your credit score the lower the interest from lenders because you have an established record of paying on time.
open ended describe a real life situation involving markup, markdown, markdown, or discounted that the equation y
Describing a real-life situation involving markup, markdown, markdown, or discounted in the equation. Multiple terms, operators, and variables are not required on each side of an equation.
Let's say an item's cost price rises by $0.4 in total. What will the article's marked price be? Consider that the article's cost is x. Markup equals $0.4. Thus, the marked price (let's say y) equals the cost price + the markup, which is the necessary equation.
The complete question is: Describe a real-life situation involving markup, markdown, or discount that the equation y=x +0.4 could represent.
To know more about equations, click here:-
https://brainly.com/question/10413253
#SPJ4
this one for juliemwinkler
Answer:
Hiiiiii
Explanation:
if a person has been discriminated against in a real estate transaction, they would file a complaint with the: select one: a. local association of realtors. b. national association of realtors. c. department of housing and urban development. d. department of health, education and welfare.
If a person has been discriminated against in a real estate transaction, they would file a complaint with the Department of Housing and Urban Development.
What is the Department of Housing and Urban Development?One of the executive departments of the U.S. federal government is the Department of Housing and Urban Development. Federal housing and urban development legislation are administered by it. The federal department in charge of developing and enforcing fair housing legislation, as well as national policies and programs that address the housing needs of the country, is the Department of Housing and Urban Development. Establishing and running initiatives to supply decent, affordable housing, stop prejudice in housing, and support the development of sustainable communities. To address the housing needs of the country, develop and strengthen communities across the country, and uphold fair housing laws, the Department of Housing and Urban Development (HUD) is in charge of national policy and initiatives.
To learn more about the Department of Housing and Urban Development, visit:
https://brainly.com/question/12898306
#SPJ4
(01.02 mc) charlotte is visiting brazil and is looking at souvenirs to purchase. she finds a jersey that costs 89 brazilian real. if the current exchange rate is 1 dollar:5.43 brazilian real, how much does the jersey cost in u.s. dollars?
Based on the current conversion rate, Charlotte, who is in Brazil, will have to pay $16.39 for the shirt.
Jersey cost equals Br. 89.
Exchange rate: Br. 5.43 to $1.
(Br 89/Br 5.43) is the jersey's price in US dollars.
Consequently, at the current conversion rate, Charlotte's jersey will cost you $16.39 in US dollars.
Which exchange rate is it?The rate at which two currencies are exchanged on the foreign exchange market is known as the exchange rate.
The buying power of each currency affects the exchange rate.
To learn more about exchange rate from given link
https://brainly.com/question/28298633
#SPJ4
what would have been the income before income tax if the percentage of sales represented by cost of goods sold had remained at 56% in 20x2? (assume that all other percentages of sales in 20x2 had also remained constant as percentages from 20x1.)
The income before income tax, if the percentage of sales represented by the cost of goods sold had remained at 56% in 20x2, is $248,400.
An income tax is a tax imposed on individuals or entities in admire of the profits or income earned by using them. earnings tax generally is computed because the product of a tax fee instances the taxable income. Taxation rates may additionally range via the kind or characteristics of the taxpayer and the type of profits.
Income taxis a direct tax that a government levies on the profits of its citizens. The income Tax Act, 1961, mandates that the relevant authorities collect this tax. The government can exchange the income slabs and tax quotes each year in its Union price range. earnings do now not simplest imply money earned in the form of revenue.
⇒ 56% x $885,000 = $495,600 cost of goods sold in 20X2.
$74,400 lower than it was in 20X1.
If we add the $74,400 to the income before taxes the result would be $248,400.
Learn more about income tax here:-https://brainly.com/question/26316390
#SPJ4
The actions a person takes in purchasing and using products and services, including the mental and social processes that come before and after these actions, is known as.
The answer is consumer behavior.
Consumer behavior can be defined as a process that is closely related to the buying process, at that time consumers carry out activities such as searching, researching, and evaluating products. Consumer behavior is the things that really underlie consumers to make purchasing decisions
Included in consumer behavior in addition to the quality of the product, also includes the price of the product or service. If the price of a product is not too high, then consumers will not take too long to think about and carry out consumer behavior activities. However, if the price of an item or service can be said to be very high, or expensive, then the consumer will give more effort to the item. The buyer will increasingly carry out consumer behavior, such as seeing, asking, evaluating, and considering.
You can learn more about Consumer behavior here brainly.com/question/14238700
#SPJ4