A client decides not to make proposed adjustments that collectively are not material and wants auditor to issue report based on unadjusted numbers. Which of the following is true regarding financial presentationA. the f/s are free from material misstatement and no disclosure is required in the financial notesB. the f/s do not conform w GAAPC. the f/s are free from material misstatements, but disclosure of proposed adjustments are required in notes to financial statements
Answers: 1
Business, 21.06.2019 20:30
Juniper company uses a perpetual inventory system and the gross method of accounting for purchases. the company purchased $9,750 of merchandise on august 7 with terms 1/10, n/30. on august 11, it returned $1,500 worth of merchandise. on august 26, it paid the full amount due. the correct journal entry to record the merchandise return on august 11 is:
Answers: 3
Business, 21.06.2019 21:20
Kahn company's static budget was based on sales volume of 12,000 units. its flexible budget was based on sales volume of 14,000 units. based on this information multiple choice the sales volume variance is expected to be unfavorable. the materials cost volume variance is expected to be favorable. the labor cost volume variance is expected to be unfavorable. none of the answers is correct.
Answers: 3
Business, 22.06.2019 09:30
Darlene has a balance of 3980 on a credit card with an apr of 22.8% paying off her balance and which of these lengths of time will result in her paying the least amount of interest?
Answers: 2
Business, 22.06.2019 10:00
Suppose an economy has only two sectors: goods and services. each year, goods sells 80% of its outputs to services and keeps the rest, while services sells 62% of its output to goods and retains the rest. find equilibrium prices for the annual outputs of the goods and services sectors that make each sector's income match its expenditures.
Answers: 2
A client decides not to make proposed adjustments that collectively are not material and wants audit...
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