Prior to the year 2002, standards governing audits were established through the AICPA. The association establishes guidelines for financial statement auditing, private practice, CPA firm quality control, business valuation, financial planning, and professional ethics. An audit can apply to a complete organization or to a specific function, process, or manufacturing step.
An audit's goal is to offer a judgement on whether AICPA or the financial statements are fairly presented in accordance with suitable accounting rules. Bank accounts, management accounts, payrolls, bank statements, invoices, and receipts are all examples of auditing evidence. Auditing evidence should be substantial, reliable, obtained from a reliable source, and relevant to the audit at hand.
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Asset+a+has+an+expected+return+of+20%+and+a+standard+deviation+of+25%.+the+risk+free+rate+is+10%.+what+is+the+reward-to-variability+ratio?
The reward-to- variability ratio (Sharpe ratio) is 0.40 .
Expected return20
Standard deviation:25%
Risk-Free Rate (Rf):10%
Ratio of Reward to Variability (A) =
Solution:
By compensating for the risk involved, the Sharpe Ratio calculates the expected rate of return for each portfolio. Reward-to-Variability Ratio is another name for the Sharpe ratio. Since it compares the projected return on an investment with the risk involved (standard deviation).The formula to calculate it is as follows:
Reward-to-Variability Ratio/Sharpe Ratio = (EA - Rf)/ A
Reward-to-Variability Ratio = (20-10)/25
Ratio of Reward to Variability = 10/25
Ratio of Reward to Variability = 0.40
As a result, Asset A has a 0.40 reward-to-variability ratio.
Complete Question is-
Asset A has an expected return of 20% and a standard deviation of 25%. The risk free rate is 10%. What is the reward-to- variability ratio (Sharpe ratio)?
O 40
O .50
O .75
O.80
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A company headquartered in saudi arabia builds a manufacturing facility in the united states. what international organizational structure does this represent?
Foreign direct investment organizational structure does this represention.
What is Foreign direct investment?An entity with its headquarters in another nation makes an investment in another country in the form of a controlling ownership stake in a company operating in the first country.
Mergers and acquisitions, the construction of new facilities, the reinvestment of profits from abroad activities, and intra-company loans are all examples of foreign direct investment. In a strict sense, foreign direct investment only refers to the construction of new facilities and a long-term management involvement (10% or more of the voting shares) in a company that operates in a different economy than the investor.
The investment may be done "organically" by growing the operations of an existing business in the target nation, or "inorganically" by purchasing a company there. Neither method affects whether the investment qualifies as an FDI under the law.
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The major activity in strategic planning is the analyses of a business __________.
Analyses of a business strategy is the major activity in strategic planning.
Strategic planning is the first most thing done in the organisation after discussion of goal that is to be achieved in the organisation within a definite span of time.
This phase covers the finding of various alternatives present to achieve a goal and choosing the best one after evaluating various out of the present analyses that fits the best in the welfare of the business.
Strategic planning is the best as it evolves from time to time and depends on the policies and procedure activity of the organisation so that it can evolve with the changes.
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when samantha, manager at abc international, seeks and receives information from both web and industry journals, she is acting as a
when samantha, manager at abc international, seeks and receives information from both web and industry journals, she is acting as a disseminator.
Disseminator role
Disseminator is one of the ten administrative jobs that organizational researcher Henry Mintzberg identified after studying CEOs, middle managers, and supervisors in the course of observational research. Due to its focus on analyzing specifics, facts, and data, it is one of three informational managerial responsibilities, along with monitor and spokesperson. The interpersonal management role and the decisional managerial role, which are concerned with the manager's professional relationships .
Procedure for making and implementing choices, are the other two umbrella groups.
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Competing on differentiation is part 2
a. concerned with reliability of scheduling.
b. based upon low-cost leadership.
c. based upon flexibility.
d. concerned with uniqueness.
Competing on differentiation is part 2 based upon low-cost leadership.
Compete, contend, and contest simply trying to outdo or excel. Compete implies having a feeling of contention and of striving to do one's excellent in addition to outdo any other: to compete for a prize. Content indicates opposition or disputing in addition to contention: to cope with an opponent, against barriers.
We hypothesized that folks that are inspired by way of opposition are stimulated for at least 3 reasons: opposition lets them fulfill the want to win, the competition offers the possibility or purpose for enhancing their overall performance, and competition motivates them to position forth more attempt which could bring about high ...
The competitive interplay is likewise called the opposition. it is defined as a competition between organisms for equal assets. it is able to be intraspecific or interspecific. The intraspecific opposition takes place in a number of individuals of equal species. it is performed to gain food, mate, or territory.
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Which country would be considered a part of a global fund but not an international fund?
Securities from all across the world, including your own nation, are included in global funds. Imagine a globe that shows every single nation. Investors who want to diversify against country-specific risk without ignoring their own country typically choose global funds.
Securities from all nations aside from the investor's own—are included in international funds. These funds offer the investor diversification outside of domestic investments.
A global fund, as opposed to an international fund, allows you some domestic exposure. If you already have securities investments in your nation. An international fund may invest in industrialized countries' dependable markets or it may do so in less developed and riskier emerging markets.
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in many companies, the changing nature of work has somewhat blurred the distinction between .
In many companies, the changing nature of work has somewhat blurred the distinction between managers and nonmanagerial employees.
Who is a manager?A manager is someone who is in charge of monitoring and inspiring workers as well as guiding the development of an organization. The person in charge of customer service, who handles client complaints, and who manages and supervises customer service personnel is an example of a manager.
It should be noted that the manager is important to the achievement of the goals of the organization.
Therefore, in many companies, the changing nature of work has somewhat blurred the distinction between managers and nonmanagerial employees.
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cards give consumers a unique card number that is valid for one transaction only.]
Payment card with disposable numbers give consumers a unique card number that is valid for one transaction only.
Virtual payment cards, often known as disposable credit cards, use transient numbers that you use once and discard. These are accessible through specific banking institutions and applications.
Your payment card information will be concealed in the case of a data breach. During these transactions, your actual credit card information is kept private, adding another layer of security. This is comparable to the virtual debit card services that we previously discussed. When you use the temporary number, which is connected to your credit card, money is deducted from your account.
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ebay does not ask its customers to disclose or verify sensitive or personal information over the phone
True. ebay does not ask its customers to disclose or verify sensitive or personal information over the phone
The ACMA is receiving an increase in complaints about scammers impersonating eBay employees. Be wary of callers who claim money will be deducted from your account; this is a scam!
Scammers usually use a recorded message to claim you made a purchase and that they need to charge your account. They are attempting to obtain your personal information.
eBay does not request personal or sensitive data from its customers over the phone. If you receive a suspicious phone call, hang up right away. If you are unsure, hang up and contact eBay via its website.
Scammers prey on anyone. On the ACMA website, you can learn more about how to safeguard yourself from phone scams or file a report.
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Muffy's muffins had net income of $2,570. the firm retains 55 percent of net income. during the year, the company sold $505 in common stock. what was the cash flow to shareholders?
When Muffy's muffins had net income of $2,570, where the firm retains 55 percent of net income, and during the year, the company sold $505 in common stock, the common cash flow to the shareholders will be $1661.5. Therefore, the option C holds true.
What is the significance of cash flow?Cash flow can be referred to or considered as the total amount of cash and cash equivalents received or made by a firm during a given financial period.
On net income of $2,570, the dividend payment to the shareholders will be $1156.5, and the common stock worth $505 was sold, thereby generating a cash flow of $1,156 + $505 = $1,661.5.
Therefore, the option C holds true and states regarding the significance of cash flow.
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The missing options to the incomplete question have been added below for better reference.
A. 1156.5
B. 651.5
C. 1661.5
D. 2570
Some savings and investment choices have the potential for higher earnings. however, these may also be difficult to convert to cash when you need the funds. this problem refers to?
Some protection and buy choices have the possibility for increased earnings. however, these may even be challenging to convert to cash when you need the accounts. This problem refers to Liquidity risk.
What does "liquidity risk" mean?The danger of suffering losses as a result of not being able to make payments on time when they are due or not being able to do so at a reasonable cost is known as liquidity risk. A financial risk known as liquidity risk states that for a specific amount of time, a particular financial asset, security, or commodity may not be exchanged in the market rapidly enough to avoid affecting the market price. When a group, organization, or economic organization is unable to pay its short-term debt obligations, liquidity risk occurs.There may not be enough bidders or an inefficient market, which would prevent the investor or company from selling the asset for cash without forfeiting money and income.Therefore the correct answer is E. Liquidity risk
The complete question is:
Some savings and investment choices have the potential for higher earnings. However, these may
also be difficult to convert to cash when you need the funds. This problem refers to:
A. Inflation risk
B. Interest rate risk
C. Income risk
D. Personal risk
E. Liquidity risk
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In order to create a good first impression with a customer, salespeople should _____
In order to create a first good impression with a customer, salespeople should have impression management skills.
The process by which people attempt to influence how others perceive them is known as impression management. This can be intentional or unintentional, and it involves emphasizing positive aspects while downplaying negative ones. It is also known as "self-presentation." The processes by which people control how others perceive them are referred to as impression management (also known as self-presentation).
When you first meet, it only takes a quick glance, maybe three seconds, for someone to judge you. The other person forms an opinion about you based on your appearance, body language, demeanor, mannerisms, and clothing during this brief period.
Making a good first impression will assist you in developing customer relationships and selling more. From the moment you approach them, your behavior, attitude, and personal presentation will influence their purchasing decision.
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Who had the most say in the outcome of the healthcare reform (the president and congress, interest groups, or the people)?
President Obama signed the low cost Care Act into regulation, putting in vicinity complete reforms that improve access to less costly healthcare coverage for each person and shield purchasers from abusive insurance business enterprise practices.
At the start, he desired to enhance first-class and lower the charges of fitness care with out a mandate that required all and sundry to have medical insurance and with out a healthcare coverage penalty.
The affected person safety and low-cost Care Act, referred to as the cheap Care Act or for short, is the comprehensive fitness care reform regulation enacted in March 2010. The regulation has three primary desires: Make low priced healthcare coverage available to greater humans.
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Telore's yogurt container is narrower at the top than at the bottom. its competitors' yogurt containers have a broader top and narrower bottom. this is an example of using _____ in marketing stimuli.
Telore's yogurt container is narrower at the top than at the bottom. its competitors' yogurt containers have a broader top and narrower bottom. this is an example of using Novelty in marketing stimuli.
What is marketing?
The process of developing, communicating, delivering, and trading offerings that are valuable to customers, clients, partners, and society at large collectively is known as marketing. Any interaction a business has with a client directly qualifies as marketing. For instance, an airline's client satisfaction, brand image, and reputation all depend on the quality of its service.
Therefore,
Telore's yogurt container is narrower at the top than at the bottom. its competitors' yogurt containers have a broader top and narrower bottom. this is an example of using Novelty in marketing stimuli.
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nika earns a gross pay of $73,000. her total employee benefits are 22% of her gross pay and she has no job expenses
Her total employment compensation will be $94060
Note: the question is incomplete. The full is question is as followed
If Nika gets an increase in pay of $5,000, what will her total employment compensation be? (Note: Employee benefits are based on Nika's original gross pay.)
Calculation
Value of benefit package = 22% X 73000
= 16060
Add benefit to salary = 73000 + 16060
= 89060
Add raise to the salary = 89060 + 5,000
= $94060
What is employment compensation?
The perks (cash, vacation, etc.) that an employee receives in return for the work they do for their employer are referred to as employee compensation. The highest cost or expense for any firm is typically employee salary. Employees who receive income from their company make up about 92% of the working population in the United States. Employees receive a variety of various sorts of pay. A few instances of the pay given to employees are as follows:
Cash compensation in the form of salaries or wagesretiree programs (employer contributions)Health coverage provided by the employerlife insurancePaid time off for holidays & sick daysDisability insuranceLearn more about employee compensation
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Canada is considering imposing a tax on imports of chinese solar panels. this action would be best described as a:____.
a. quota.
b. subsidy.
c.tariff.
d. voluntary export restraint.
A tariff is an import tax imposed on a specific good. Therefore, taxing Chinese solar panels is the same as imposing a tariff on them.
Following a preliminary examination that revealed Chinese manufacturers have been receiving improper government subsidies, the U.S. Commerce Department stated on Tuesday that it will apply a 2.90 percent to 4.73 percent tax on solar panels made in China. American manufacturers were being strangled by Chinese imports because they were unable to profitably compete with the artificially cheap pricing. As a result, the United States placed taxes on solar panels made in China that may be as high as 250%. The excess solar energy produced by your rooftop solar panels is fed back into the electrical grid when you use less energy in your home than it produces. You will be paid a feed-in tariff, or FIT, for this energy that is not consumed. Because the administration thought China was selling solar panels that had been excessively subsidized and subsequently sold at a large discount from fair market value, those "anti-dumping taxes" were put in place.
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When eaton worked with the university of notre dame on its new engineering building to improve its energy efficiency and earn leed credits, both actors were working together for the first time. Therefore, the university’s buying situation can be classified as a ________.
When eaton worked with the University of Notre Dame. The university’s buying situation can be classified as a derived demand.
It could be wise to consider Notre Dame. They require fantastic advantages. There are several work prospects for those without experience. esteem the affection and help they provide to the personnel. The majority of job seekers favourable.
For their interview at the University of Notre Dame, candidates rate the interview's difficulty on a scale of 1 to 5, with 1 being the easiest and 5 being the most challenging. The University of Notre Dame is the top Catholic research university in the country, and it offers education with a distinctive voice that is bluntly intellectually demanding, boldly moral in direction, and firmly embracing a service ethos.
The University of Notre Dame is NOT a league institution despite having excellent acceptance and graduation rates, top rankings, and a large number of well-known alumni. Eight private colleges and universities in the US's northeast make up the league schools. Particularly in the departments of engineering and science, Notre Dame's academics are exceedingly challenging.
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in the completion of his/her duties to meet assigned and implied responsibilities, the facilities manager can be drawn into conflicting ethical requirements between what three entities?
The facilities manager can be drawn into conflicting ethical requirements between this three entites: the general manager or owner, the customers, and the employees.
Ethics:
Ethics, often known as moral philosophy, is a philosophical branch that "involves systematising, defending, and recommending conceptions of good and bad action." The field of ethics, like aesthetics, is concerned with considerations of worth; together, these fields compose the branch of philosophy known as axiology. By defining notions such as good and evil, right and wrong, virtue and vice, justice and crime, ethics aims to address concerns of human morality. Moral philosophy is related to moral psychology, descriptive ethics, and value theory as topics of intellectual investigation. In English, the term ethics can apply to various things. It can refer to philosophical ethics or moral philosophy—a project that aims to address many types of ethical dilemmas through reason.
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the risk that your investment in a stock will lose value because the company's labor force goes on strike is known as
Market risk is the risk that your investment in a stock will lose value because the company's labor force goes on strike.
What is Market Risk ?
Investment risk can be divided into two main categories: market risk and specific risk (unsystematic). Diversification cannot completely eliminate market risk, often known as "systematic risk," but it can be mitigated in other ways. Recessions, political unrest, fluctuations in interest rates, natural disasters, and terrorist acts are all examples of sources of market risk. Market risk that is systematic has a tendency to affect the entire market simultaneously.
This contrasts with unsystematic risk, which is peculiar to a given business or sector. Unsystematic risk, sometimes referred to as "nonsystematic risk," "particular risk," "diversifiable risk," or "residual risk," can be decreased through diversification in the context of an investment portfolio.
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the average daily balance of jack’s new credit card account is . the finance charge that jack can expect on his first credit card statement is .
The average daily balance of Jack's new credit card account is $391.29 and the finance charge that Jack can expect on his first credit card statement is around to $141.
What is the average daily balance?Average daily balance is an accounting method that is used calculates interest charges by considering the balance invested at the end of each day, month or year.
Data and Calculations:
Period Days Daily Balance Product/Sum
Day 1 to day 9 9 $150.00 $1,350.00 ($150 x 9)
Day 10 to day 13 4 $212.48 $849.92 ($212.48 x 4)
Day 14 to day 18 5 $243.17 $1,215.85 ($243.17 x 5)
Day 19 to day 26 8 $623.42 $4,987.36 ($623.42 x 8)
day 27 to day 30 4 $833.89 $3,335.56 ($833.89 x 4)
Total 30 $11,738.69
Average daily balance = $391.29 ($11,738.69/30)
Finance charge would be = charge = $140.86 ($391.29 x 1.2% x 30) or ($11,738.69 x 1.2%)
Thus, , the average daily balance of Jack's new credit card account is $391.29 with a finance charge of about $141.
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unlike data, information consists of facts that have been analyzed by the process component. unlike data, information can be collected in aggregated and disaggregated forms. unlike data, information is considered the input to an information system. unlike data, information by itself is difficult to use for making decisions.
Information can be gathered in aggregated and disaggregated formats in the context of the main parts of an information system.
What distinguishes information that is disaggregated from that that is aggregated?When you mix data from several sources and compile it, you have aggregated information. Disaggregated data is data that has been divided up into its component elements. In order to provide a more comprehensive picture of a situation, aggregated information is frequently utilized in business intelligence, marketing analytics, and customer relationship management. Disaggregated data is increasingly frequently employed in research and development because it enables more detailed examination of the constituent elements of the whole. The value of aggregated data is lower than that of disaggregated data. When you require a solution to a particular query, disaggregated data is crucial, whereas aggregates are not.
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Price is ________ related to demand for most products. inversely directly disproportionately proportionately
Price is inversely linked to the demand for most products.
What is meant by demand economics?Demand is an economic idea that relates to a consumer's wish to purchase goods and services and readiness to pay a specific price for them. An expansion in the price of a good or service tends to reduce the quantity demanded.
What is demand and supply?The term supply guides to how much of a certain product, item, commodity, or service suppliers are inclined to make available at a particular price. Demand guides to how much of that product, item, commodity, or service customers are willing and able to buy at a particular price.
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name a method of promoting safety by determining which specific element of a job led to a past accident
A technique of operation review is to identify the exact task or aspect of a job that contributed to a previous accident.
Thus Correct phrase is a technique of operation.
What is a technique of operations review?According to the Technique of Operations Review (TOR) System, management and supervision flaws are the primary contributors to workplace accidents and illnesses. Most accidents can be avoided by fixing management flaws.
A hazard analysis methodology called the "technique of operation review" (TOR) enables employees and managers to do the analysis. It makes use of a straightforward worksheet where team members can select yes or no from a series of options. line employees were involved in the analysis. List five methods for preventing hazards that are broadly applicable.
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By having employers withhold federal income tax from employees' pay and submitting the payments to the government, the system is adhering to which of the criteria for a good tax system?
By holding employers withhold federal revenue tax from employees' pay and raising the payments to the government, the system is sticking to the Convenience of the standards for a good tax system.
Which of the following measures are often used to evaluate a good tax system?A good tax system should complete five basic requirements: fairness, adequacy, clarity, transparency, and administrative ease. Although beliefs about what makes a good tax system will vary, there is agreement that these five basic requirements should be maximized to the greatest capacity possible.
An income tax is a forthright tax that a government levies on the earnings of its citizens.
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net cash used in operating activities was $10,000. net cash provided by investing activities was $2,000. net cash provided by financing activities was $5,000. the cash balance at the end of the year was $12,000. the cash balance at the beginning of the year was $ .
net cash used in operating activities was $10,000. net cash provided by investing activities was $2,000. net cash provided by financing activities was $5,000. the cash balance at the end of the year was $12,000. the cash balance at the beginning of the year was
.15000; 5000+2000-10000=-3000
ended at 12,000 +3000 to 12,000 for the beginning year balance.
The balances of the current account and capital account are combined to form the basic balance, which is a measure of the balance of payments from an economic perspective. In the case of a surplus or deficit, the current account displays the net amount of a nation's income. The net shift in foreign asset ownership is tracked in the capital account. A country's balance of payments can be shown by looking at the fundamental balance to determine the likely trend. To identify long-term trends in a nation's balance of payments, economists utilise the basic balance. The basic balance is charted over time, just like the balance of payments, to provide policymakers a better understanding of where their country stands right now in terms of inflows and outflows from the rest of the world.
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Answer: the correct answer is $15,000
Explanation:
emily wants to initiate a suit against fast credit company by filing a complaint. the complaint should include
emily wants to initiate a suit against a fast credit company by filing a complaint. the complaint should include a statement of the grounds for the court to exercise jurisdiction.
What do you mean by jurisdiction?A legal entity's right to enact justice is referred to in law as its jurisdiction. There are spheres of jurisdiction at the municipal, state, and federal levels in federations like the United States.
International law, the law of conflicts of laws, constitutional law, and the authority of the legislative and executive branches of government to distribute funds in a way that best meets societal requirements are the foundation of jurisdiction.
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jamie is the regional sales manager for sherwin williams paint company and oversees a team of 40 outside sales representatives. jamie meets with the sales managers on a monthly basis to review budgets and track the team's progress in meeting its sales quotas in order to reach company objectives. jamie requires that each sales manager collaborate with their individual sales representatives to develop weekly call schedules and account plans. what type of planning is jamie and the sales managers engaged in?
Operational planning is jamie and the sales managers engaged in.
Sales Manager:
A sales manager is responsible for fulfilling the organization's sales targets through excellent planning and budgeting. A sales manager cannot function alone. He requires the assistance of his sales staff, each of whom contributes in the best way possible and works towards the organization's goals and objectives. He is the one who assigns goals to sales executives and other sales people. A sales manager must guarantee that the goals are both realistic and attainable. Duties should not be imposed on anyone; rather, they should be distributed based on the people' interests and specialisations.
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When a licensed salesperson is soliciting for potential borrowers or investors, what must be included in the advertisement?
When a licensed salesperson is soliciting for potential borrowers or investors, the 8-digit number of the employing broker must be included.
What's the position of a investors?
An investor puts capital to apply for long-term gain, while a dealer seeks to generate quick-term profits with the aid of shopping for and promoting securities over and over once more. Investors commonly generate returns by deploying capital as both fairness or debt investments.
What do investors get in go back?
Angel investors usually need from 20 to 25 percentage return on the cash they spend money on your enterprise. Task capitalists may additionally take even greater; if the product continues to be in improvement, for example, an investor may additionally need 40 percent of the commercial enterprise to compensate for the high danger it's far taking.
What are rich investors called?
Angel investors are also known as informal investors, angel funders, non-public buyers, seed investors or enterprise angels. These are people, normally prosperous, who inject capital for startups in trade for ownership fairness or convertible debt.
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The ________ is computed by multiplying each decision outcome under each state of nature by the probability of its occurrence.
Answer:
expected value
Explanation:
Effective influence over what other industry was key to helping rockefeller greatly expand his oil empire?
Effective influence over Railroads industry was key to helping rockefeller greatly expand his oil empire.
History of railroadsRailroad building in the United States greatly surged starting in the early 1870s. Approximately 45,000 miles of track had been built before 1871. A further 170,000 miles were added to the expanding railroad network of the country between 1871 and 1900. The construction of the transcontinental railroads is responsible for a large portion of the expansion.
The Pacific Railway Act, passed by Congress in 1862, gave the go-ahead for the construction of a transcontinental railroad. On May 10, 1869, the first railroad of this type was finished. Four more transcontinental railroads connected the Pacific Coast with the eastern states by 1900.
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