if the owner of goods entrusts possession of a particular good to a merchant who deals in those goods, there is: blank .

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Answer 1

Entrustment occurs when the merchant of a good transfers ownership of that good to a business that deals in that good.

A business or person that sells products or services is known as a merchant. A person who only conducts business online is known as an Entrustment ecommerce merchant. Due to his expertise of the products he is selling, a merchant must sell the goods to the consumer for a profit while also having a legal obligation to treat the customer with care.

A merchant can be either a wholesaler or a retailer, and the goods can be bought from one source and sold to another. A merchant is a general term for anyone who sells anything, with the only qualification being that the good or service is being offered for sale in order to make a profit.

Anyone who engages in business or trade has historically been referred Entrustment to as a merchant. A merchant in the 16th century was someone who merchant traded locally, such as a baker, grocer, or shopkeeper, as well as someone who imported and exported goods over great distances and provided value-added services like credit and finance.

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Related Questions

if after 100% specialization and trade, the united states produces 0 coconuts and 50 bottles of milk, and jamaica produces 80 coconuts and 0 bottles of milk, what is the total world production of coconuts?

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The world production of coconuts is 80 coconuts.

What is the world production of coconuts?

Specialisation is when a country exclusively produces a good or service for which it has a comparative advantage in its production. A country has a comparative advantage in the production of a good or service for which it has a lower opportunity cost in its production.

The world production of coconuts is the sum of the quantity of coconut produced by the United States and the quantity of coconuts produced by Jamaica. The world production of coconuts = quantity of coconuts products by United States + quantity of coconuts products by Jamaica.

The world production of coconuts = 80 + 0 = 80

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which pricing strategy is often used when a company wishes to compete by capturing a larger sales volume and is willing to deal with lower profit margins per unit?

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Competition-based pricing strategy is often used when a firm wishes to compete by considering a larger sales volume and is inclined to deal with lower profit margins per unit.

A pricing strategy is a method or model used to set the best price for a good or service.  Competition-based pricing strategy is a type of pricing strategy that enables companies to create a larger sales volume with lower profit margins with the purpose to compete in the market.

The competition-based pricing is also known as competitor-based pricing or competitive pricing. The competition-based pricing focuses on the existing market rate for a firm's goods or services; it does not take into consideration the cost of its products or consumer demand.

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if a paper mill shuts down its operations for three months so that it produces nothing, its will be reduced to zero?

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If a paper mill shuts down its operations for three months so that it produces nothing, its will variable costs will be reduced to zero.

What is variable costs?Costs that vary according on how much of a good or service a company produces are known as variable costs. The total of marginal costs across all units produced represents variable costs. They may also be regarded as typical expenses. The two elements of total cost are fixed costs and variable costs.Costs that change as the volume increases are known as variable costs. Raw materials, piece-rate labor, production supplies, commissions, shipping expenses, packing costs, and credit card fees are a few examples of variable costs. The variable costs of manufacturing are sometimes referred to as the "Cost of Goods Sold" in accounting accounts.

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on january 9, $500 was paid towards a purchase of office supplies on account for $1,000. what is the journal entry for this transaction?

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In your company's books, a journal entry serves as a record of a business transaction. Every transaction requires at least two journal entries in double-entry bookkeeping.

What Is a Journal Entry in Accounting?A journal entry is a record of a business's financial transactions kept in its accounting books. An accurate date, the sums to be debited and credited, a description of the transaction, and a special reference number are all components of a properly documented journal entry.The accounting cycle begins with a journal entry. A journal records all of a company's financial activities and identifies the accounts that are impacted. Every financial transaction affects at least two accounts since most organizations employ a double-entry accounting system; while one account is debited, another account is credited. This indicates that a journal entry contains an equal amount of debit and credit.

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hat is one of the seven web design elements that drive the customer experience? multiple choice question. conditioning continuity commerce consumers

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Option c, Commerce is one of the seven web design elements that drive the customer experience.

Commerce is a crucial element when the consumer is operating a website. It must be communicated to the consumer that the website is secure for commercial transactions. Many websites use a sign of lock to convey the safe platform for the transaction provided to consumers.

It must also be easy to operate with all the details available on the website. The price of the product and the add-ons must be specified on the website for a hassle-free experience for the consumer.

Registration for preferences, store information, credit card approval, details of the shopping cart, and delivery options are some of the details that websites mention while following the smooth commercial experience of customers.

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lenders of chief distributors decided to convert $75,000 of convertible notes payable into 10,000 shares of $1 par common stock.

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D) Excess Par - Common Credit Paid in Capital $65,000

What does it mean when capital is paid in more than par?

The amount paid by an investor above a stock issue's par value is referred to as additional paid-in capital (APIC, or capital in excess of par value).

How can you determine paid in capital that is higher than par common?

It is calculated by adding the amounts received in excess of the shares' par value to the par value of the issued shares.

Does Paid in Capital outweigh Paid in Liabilities?

The term "paid in capital in excess of par" refers to any difference between the issuance price and the par value, indicating that the shares of stock were purchased at a price higher than the par value. Shareholders' Equity includes paid-in capital in excess of par.

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Full Question = Lenders of Chief Distributors decided to convert $75,000 of convertible notes payable into 10,000 shares of $1 par Common Stock.

Which of the following would be included in the journal entry for this conversion?

a. Credit Common Stock for $75,000

b. Credit Convertible Notes Payable for $75,000

c. Debit Common Stock for $10,000

d. Credit Paid in Capital in Excess of Par - Common $65,000

2. competitors like hp and kodak are more geographically diversified in their sourcing. what advantages does this create for them?

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Regarding the second part of the question, we believe that HP's and Kodak's geographically diversified manufacturing operations have a risk mitigating advantage as they are not dependent on a single national currency.

The benefits of an owner equity investment usually include some degree of control over the company by owning a majority of the company's shares. Each time we sell shares to investors, we dilute or reduce our stake in the small business. A company can usually build strong brand awareness and customer loyalty by being there first, before competitors come in. Other benefits include extra time for perfecting products and services and setting market prices for new items.

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When supply chain members that buy and sell to one another are not in agreement about their goals, roles, or rewards ________ channel conflict can occur.

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The answer is: Vertical

luccia's is a restaurant based in illinois that exclusively sells italian food. luccia's sells the rights to its recipes to a british firm, clover trading, which then opens an outlet in london under the luccia's brand name. which kind of channel arrangement does luccia's most likely have with clover trading? group of answer choices

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The correct answer is a contractual vertical marketing system. Here Luccia will have a contractual vertical marketing system channel agreement.

When different manufacturing and distribution organizations employ coordinated strategies established through a contract to jointly achieve strategic and financial gains, this is known as a contractual vertical marketing system.

Most business models that employ the contractual vertical marketing system are retail, wholesale, and franchising. The greatest benefits added to this system are economies of scale and increased marketing reach.

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be sure to answer all parts. this is a two-part question. first, draw the expected product from the reaction. second, draw a stepwise mechanism that shows the formation of the product. please use stereochemistry in part 4 of the question.

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The overall reaction is an example of an Electrophilic Addition mechanism by the Markonikoff rule.

Stereochemistry is the study of the three-dimensional structure of molecules. Cis and trans isomers are stereoisomeric forms that differ structurally only in the position of the atoms of the molecule in three-dimensional space. Such stereoisomers have different physical and chemical properties.

Stereochemistry is the branch of chemistry that deals with the study of the different spatial arrangements of atoms in molecules. Stereochemistry is a systematic presentation of a particular field of science and technology and traditionally requires a brief history course. Right-hand and left-hand nomenclature is used to name the enantiomers of chiral compounds.

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Jane is applying for a job at an in-store job kiosk. What is a benefit of applying for a job this way?

Jane can print the application to complete at home.
Jane can search for current job openings at the store.
Jane can start the application and then come back the next day to complete it.
Jane will need home computer access to finish the application.

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The benefit of applying for a job this way is (A)Jane can print the application to complete at home .

What are the benefits of applying for a job online ?

If the applicant has carpal tunnel syndrome or arthritis, filling out standard paper forms might be excruciating, sometimes literally. It is also true that many job candidates, especially those under 30, feel more at ease communicating with a computer than with a pen or pencil. Employers gain as well No longer will hiring supervisors or HR staff have to strain their eyes to read sloppy handwriting.

On a typical form, a stressed job candidate could unintentionally make typos and leave questions unfilled. In some circumstances, a mistake like this may be sufficient to disqualify the candidate. Online applications may be programmed so that submission is only possible after completion.

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If a working environment becomes toxic the productivity of all workers will decline. What will happen to the average cost of production as a result?.

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Average cost increases to the average cost of production as a result.

Fee, in not unusual utilization, is the monetary value of products and offerings that producers and purchasers purchase. In a simple monetary feel, value is the measure of the opportunity possibilities foregone in the desire of one properly or pastime over others.

Value is the cost of money that an agency needed to spend to supply its goods or services. Its miles are calculated as the quantity that an employer spends so that it will produce a certain unit of a product. In easy words – it's miles the cash that an agency spends on things together with exertions, services, raw substances, and greater.

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question content areawhich of the following is not true of job-order costing? a.the cost of each job is accumulated on the job-order cost sheet. b.the key document for accumulating manufacturing costs is the job-order cost sheet. c.it is used in firms that produce homogeneous products. d.all of these choices are correct.

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It is not true that, job-order costing is used in firms that produce homogeneous products.

Job costing, also known as job order costing, is a method for allocating and accumulating the manufacturing costs of a single unit of output. When the various products are sufficiently distinct from one another and have substantial costs for each, the job order costing system is employed. The process costing system is more appropriate when a company's output consists of constant flows of identical, inexpensive units.

The job order costing system demands a separate job cost record for each item because the manufactured items vary significantly. The job cost record will list each item's actual direct material and labor costs as well as the assigned manufacturing overhead.

The manufacturer's cost of the inventory of finished goods, work-in-progress, and cost of goods sold are also recorded in the job cost records, which act as a subsidiary ledger or documentation.

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which of the following questions should a project manager ask when evaluating project readiness? where will the organization transfer team members? will the deliverables meet the specified requirements? how will ownership of the deliverables be transferred to the organization? will the organization realize the expected advantages when the project is implemented?

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The correct answer is  (B.) will the deliverables meet the specified requirements?

Thus the manager will ask if the deliverables meet the specified requirements for evaluating project readiness.

Questions asked by the manager for evaluating project readiness are:

Are you adequately staffed to complete this project according to the schedule and deadline?

Is the project team equipped with the necessary skills (technical, managerial, and administrative) to complete the project on time?

If not, has training been made available on an as-needed basis?

Are you reliant on a single person for a particular skill or expertise?

If so, do you have a staffing contingency plan in place to account for staff changes in the middle of a project?

Is the project team well-organized to maximize productivity?

Have roles and responsibilities been defined and communicated clearly?

Is there enough time in the project schedule to account for vacation, sick time, and holidays, as well as to avoid staff burnout?

Is there enthusiasm on the team for the project?

Are you aware of all potential threats to team performance (internal conflicts, politics, competing agendas, priorities, etc.)?

Have you received resource commitments from all supporting organizational units and/or external service providers required to complete the project successfully?

Do you have all of the necessary authority as the project manager to assign project resources and deal with performance issues?

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charleston, incorporated has accounts receivable of $110,000 and an allowance for doubtful accounts of $17,000. if it writes-off a customer account balance of $1,700, what is the amount of its net accounts receivable?

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Accounts receivable for Charleston, Inc. are $110,000, and there is a $17,000 provision for doubtful accounts. Its net accounts receivable would be $93,000 if a $1,700 customer account balance were written off.

What are doubtful accounts, exactly?

Money owed by customers to a company is referred to as a questionable account. The only problem is that the business doesn't anticipate receiving the money. (It is "unlikely" that you will collect.)

The phrase can also be used to describe an account that is currently a reserve but could eventually turn into a bad debt because it hasn't reached the stage where it can be wiped off. All types of organizations consistently face the difficulty of managing questionable debt.

Calculation:

Data presented:

$110,000 in accounts receivable

Doubtful Accounts Allowance = $17,000

Below is a graph showing how net accounts receivable were calculated:

Net Accounts receivable = Accounts receivable - Allowance for Doubtful Accounts

= $110,000 - $17,000

= $93,000

Since it is already accounted for in the allowance for doubtful accounts, there will be no effect on the write-off amount on the net accounts receivable.

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the unadjusted trial balance columns of a company's work sheet shows the store supplies account with a balance of $490. the adjustments columns show a credit of $275 for supplies used during the period. the amount shown as store supplies in the balance sheet columns of the work sheet is:

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The balance sheet columns of the work sheet show $215 as storage supplies (debit). ($490 - $275 = $215)

What category does inventory belong in on a balance sheet?

The inventory supplies account, which is a part of the cluster of inventory accounts, is often where supplies that are categorized as assets are kept. If so, supplies are listed as part of the balance sheet's "inventory" line item.

What does "adjustment entry in final accounts" entail in practice?

If you provide a service to a customer in one month but don't bill them until the next month, you would create an adjusting entry that would credit service revenue and debit accounts receivable in addition to reflecting the revenue from the month you provided the service.

Why do people utilize modifying entries?

To bring all accounts to the proper balance and reflect a company's true financial position, an adjusting entry is made. Journal entries that correspond to the company's business transactions are recorded to accomplish this.

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The largest of cities can provide lower risk to real estate investors resulting from.

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Better transportation access, better access to market information because of this, the largest cities can provide lower risk to real estate investors.

What are the ways to Minimize Risk in Real Estate ?Real estate is the most valuable asset class in many countries, accounting for a larger proportion of people's wealth than other assets.Most of us invest in real estate differently than we do in other areas. If you were buying a stock, you would not consider only companies located in your city or a specific part of your city.Because cities are complex economies, a wide range of factors influence this return. As a result, when determining a city's attractiveness, investors consider a wide range of city characteristics and behaviours.

Because of this, large cities can provide lower risk to real estate investors.

- better transportation access

- better access to market information

- better chance of retenanting struggling real estate

- a larger array of industries generating real estate demand

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a quantity of inventory that helps protect against lost sales caused by unfulfilled demands from customers or delays in shipments from suppliers is called:

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A quantity of inventory that helps protect against lost sales caused by unfulfilled demands from customers or delays in shipments from suppliers is called Safety Stock.

Safety stock is an additional amount of a product that's saved within the warehouse to prevent an out-of-inventory state of affairs. It serves as coverage in opposition to fluctuations in demand.

Safety stock is a time period utilized by logisticians to explain a degree of more inventory that is maintained to mitigate threat of stockouts caused by uncertainties in supply and call for. good enough safety stock levels permit business operations to continue consistent with their plans.

Safety inventory is used as a buffer to defend groups from stockouts due to inaccurate making plans or negative schedule adherence by providers. As such, its value (in both fabric and control) is regularly seen as a drain on financial resources that outcomes in discount projects.

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why does the united states government provide tax breaks related to the amount of money companies spend on research and development?

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To allow antitrust authorities to challenge joint research efforts  states government provide tax breaks related to the amount of money companies spend on research and development.

Antitrust authorities : Antitrust refers to the control of economic power concentration, particularly in relation to monopolies and other anticompetitive behaviour. Both federal and state laws governing antitrust are in existence.

These offences frequently take the form of: "Price fixing" refers to any agreement between rival suppliers that specifies an agreed price or otherwise determines how the price will be established between those vendors. At the wholesale or retail levels, a price fixation agreement may be reached. Antitrust Authorities refers to the Federal Trade Commission, the Department of Justice, the attorneys general of the various states in the United States of America, as well as any other governmental entity with jurisdiction over the transactions contemplated by this agreement under applicable antitrust laws.

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maria lorenzi owns an ice cream stand that she operates during the summer months in west yellowstone, montana. she is unsure how to price her ice cream cones and has experimented with two prices in successive weeks during the busy august season. the number of people who entered the store was roughly the same each week. during the first week, she priced the cones at $4.80 and 2,185 cones were sold. during the second week, she priced the cones at $5.30 and 1,750 cones were sold. the variable cost of a cone is $1.00 and consists solely of the costs of the ice cream and the cone itself. the fixed expenses of the ice cream stand are $2,030 per week. required: 1. what profit did maria earn during the first week when her price was $4.80? 2. at the start of the second week, maria increased her selling price by what percentage? what percentage did unit sales decrease? (round your percentage answers to 2 decimal place.) 3. what profit did maria earn during the second week when her price was $5.30? 4. what was maria's increase (decrease) in profits from the first week to the second week?

Answers

Part 1. The profit earned in week 1 is $6273

Part 2. The percentage increase in selling price is 10.41% and the percentage decrease in unit sales is 19.90%

Part 3. The profit earned during the second week is $5495

Part 4. The decrease in profit from the first week to the second week is 12.40%

Week 1:

Price of the cone = $4.80

Number of cones sold = 2185 cones

Week 2:

Price of the cone = $5.30

Number of cones sold = 1750

The variable cost of the cone = $1.00

Fixed cost = $2030

Part 1.

Total revenue from selling ice cream cones in the first week = $4.80*2185

= $10,488

Cost = Fixed + variable cost

= 2030 + $1*2185

= $4215

So, profit in week 1 = 10488 - 4215 = $6273

Part 2.

Percentage increase in selling price = $5.30 -$4.80/$4.80*100

= 0.50/4.80*100

= 10.41%

Percentage decrease in unit sales = 2185 - 1750/2185*100

= 19.90%

Part 3.

Total revenue from selling ice cream cones in the second week = $5.30*1750

= $9275

Cost = Fixed + variable cost

= 2030 + $1*1750

= $3780

So, profit in week 2 = 9275 - 3780 = $5495

Part 4.

Decrease in profit = 6273 - 5495/6273*100

= 12.40%

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when mattel first introduced barbie in japan, managers assumed that japanese girls would find the doll's design just as appealing as american girls did. this may be due to:

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This may be due to the SRC tendency on part of American managers.

Who are managers?

Our predilection is to judge managers by where they are located inside a company. This provides us with some information about their function and the nature of their duties. The historical and modern perspectives of organisations on managerial positions are compiled in the accompanying figure (Ghoshal & Barlett, 1999). In contrast to the traditional, hierarchical relationship between layers of management and managers and employees, the modern perspective holds that top managers support and serve other managers and employees (through a process called empowerment), just as the organization's ultimate goal is to serve its customers and clients. Empowerment is the process of giving someone the ability or permission to act, think, behave, and govern their own work and decisions.

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Suppose that electricity producers create a negative externality equal to $6 per unit. Further suppose that the government imposes a $8 per-unit tax on the producers. What is the relationship between the after-tax equilibrium quantity and the socially optimal quantity of electricity to be produced?.

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The after-tax equilibrium quantity is less than the socially optimal quantity.

After-tax income is the net quantum of income available to invest, save, or consume after civil, state, and withholding levies have been applied your disposable income.

To calculate after-duty income, the deductions are abated from gross income. The difference is the taxable income, on which income levies are due. After-duty income is the difference between gross income and the income duty due.

A before-duty donation is a quantum subtracted from your ahead- duty payment. This is also appertained to as payment immolation. These benefactions count toward your concessional donation cap for the fiscal time. An after-duty donation is a quantum that Payroll deducts from your after-duty payment.

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an investment fund has the following assets in its portfolio: $43 million in fixed-income securities and $43 million in stocks at current market values. in the event of a liquidity crisis, it can sell its assets at a 93 percent discount if they are disposed of in four days. it will receive 95 percent if disposed of in six days. two shareholders, a and b, own 7 percent and 9 percent of equity (shares), respectively. a. market uncertainty has caused shareholders to sell their shares back to the investment fund. what will the two shareholders receive if the investment fund must sell all its assets in four days? in six days

Answers

The correct answer is Sells within 4 days: $ 5,598,600, $7,353,000

Sells within 6 days = $5,719,000, $7,353,000

The computation sell of two days and four days is shown below:-

Sells within 4 days:

Value of fixed-income securities = $43,000,000 ×  0.93

= $39,990,000

Value of stock =$43,000,000 × 0.93

= $39,990,000

Total value = $79,980,000

Shareholder A gets from 7% of equity = $79,980,000 × 7%

= $ 5,598,600

Shareholder B gets from 9% of equity = $79,980,000 × 9%

= $7,198,200

Sells within 4 days

Value of fixed-income securities = $43,000,000 × 0.95

= $40,850,000

Value of stock =$43,000,000 × 0.95

= $40,850,000

Total value =$81,700,000

Shareholder A gets from 6% of equity = $81,700,000 × 7%

= $5,719,000

Shareholder B gets from 8% of equity = $81,700,000 × 9%

= $7,353,000

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which are accurate statements concerning women and leadership?

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Women are highly collaborative. Women generally use a more participative style than men.

What is collaborative?

Collaboration is the act of producing or making anything while working together as a team. Collaboration can occur between two individuals or many individuals, close friends or strangers.

When you collaborate, you open yourself up to the prospect of creating something better than what could be created in a silo.

A collaborative person can take criticism and make adjustments based on what others think. They may also offer people helpful criticism that helps them improve the work they're doing.

Collaboration in the workplace can take many different forms, including brainstorming, group discussions, agreement on procedures, problem-solving, and analysis of issues.

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all of the following statements describing diversification are correct except a) diversification is not enhanced by the addition of foreign securities to a portfolio because they are always highly correlated with domestic equity. b) to minimize business risk, one could allocate among a number of asset categories and purchase mutual funds. c) to reduce liquidity risk, one would keep a sufficient portion of assets in cash or cash equivalent assets. d) to minimize interest rate risk, one could diversify within the fixed-income asset category by staggering bond maturity dates.

Answers

All of the following statements describing diversification are correct except to minimize business risk, one could allocate among a number of asset categories and purchase mutual funds.

Which of the following sentences most accurately sums up the diversification principle?

An investment can completely reduce systematic risk by being spread among a wide variety of assets.

Which of the following benefits of diversification is the primary one?

By investing in instruments that cover a variety of financial instruments, industries, and other categories, diversification lowers risk. While systematic or market risk is typically unavoidable, unsystematic risk can be reduced by diversification.

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when horizontally scaling, the allocation of resources is referred to as and the releasing of resources is referred to as .

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When horizontally scaling, the allocation of resources is referred to as and the releasing of resources is referred to as horizontal scaling.

Aid refers to all of the materials to be had in our environment that are technologically available, economically feasible and culturally sustainable and help us to fulfill our wants and needs.

Resources are anything that has software and provides fee on your existence. Air, water, food, flowers, animals, minerals, metals, and the whole lot else that exists in nature and has utility to mankind is a 'aid'

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the auditors' understanding about the terms of the engagement established with a client should be confirmed through a(an):

Answers

Through a spoken dialogue with the client, the auditors should validate their grasp of the conditions of the engagement made with the client.

An auditor is someone or an organization hired by a business to carry out an audit. A person must be certified by the accounting and auditing regulatory body or meet specific requirements in order to practice as an auditor. A regulatory authority certificate of practice is typically required for someone to serve as the company's external auditor.

A company's efficiency is monitored by auditors, who evaluate its financial activities. They are responsible for monitoring cash flow from start to finish and making sure that an organization's funds are correctly accounted for.

An auditor's primary responsibility in the case of public firms is to assess the conformity of financial statements with widely accepted accounting principles (GAAP). Auditors examine accounting data to satisfy this criterion.

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A company is evaluating a variety of different capital investment opportunities. Due to limited​ funds, the company can only choose one project. What would be the best capital budgeting method for this company to use to select a​ project?.

Answers

The concept of net present value (NPV) is used to calculate the current value of all projected future cash flows, including the initial capital expenditure.

Which method is best for capital budgeting?The best method for capital budgeting is the NPV Method. Reason: Take into account the cash flow over the course of the product and the risks associated with that cash flow as measured by the cost of capital. In contrast to the IRR and profitability index, it is consistent with maximizing the value to the company.Because it takes into account all of the actual cash flows and discounts them appropriately, NPV is seen as being superior to other techniques like IRR, the Payback period approach, and the accounting rate of return method.The most crucial tool for making decisions in capital planning is net present value. It estimates the project's financial worth to the business. The discounted value of all cash flows is known as net present value. It is regarded as the best criterion overall.

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Why are free riders a problem for interest groups trying to secure collective goods?.

Answers

Free riders can enjoy collective goods even without helping, so they do not provide support for interest groups.

Free riders reap the rewards without putting in any effort. Interest groups dislike free riders since they receive the benefits even though they are not members, leaving the latter group bankrupt.

That issue stems from the fact that, despite the fact that every member of a group may have interests in common with one another, everyone also has conflicting interests. People would rather opt out of a collective action if participating costs money.

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people tend to like higher incomes and lower inflation. what kind of change in our model results in higher incomes and lower inflation?

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An increase in AS is the kind of change in our model results in higher incomes and lower inflation.

What does mean higher incomes and lower inflation?Income growth for those with greater earnings can counteract inflationary pressure. But sadly, increasing inflation and economic disparity can push lower-income households deeper into poverty. Additionally, research has demonstrated that inflation inequality, or the tendency for prices to grow more quickly for people with lower incomes, may exist.Income disparity is more pronounced when inflation rates are low. Inequality falls as inflation rises, troughs at a level about 13% inflation, and then begins to rise once more.Increased wages would mean higher expenses for enterprises, who would then pass those expenses along to customers. Additionally, greater earnings boost consumers' discretionary income, increasing demand for goods and perhaps driving prices even higher.

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