Business
Business, 12.11.2019 04:31, TrapQueen665

Which of the following characteristics would lead theauditor to assess inherent risk relating to financial reporting at a higher level? a. the account balance represents an asset that is relatively easily stolen. b. the controls over the account balance are weak. c. the company has a history of exactly meeting analyst estimates. d. the company is in an industry that is mature and declining.

answer
Answers: 2
Get

Other questions on the subject: Business

image
Business, 21.06.2019 21:00, singfreshjazz3370
Colah company purchased $1.8 million of jackson, inc. 8% bonds at par on july 1, 2018, with interest paid semi-annually. when the bonds were acquired colah decided to elect the fair value option for accounting for its investment. at december 31, 2018, the jackson bonds had a fair value of $2.08 million. colah sold the jackson bonds on july 1, 2019 for $1,620,000. the purchase of the jackson bonds on july 1. interest revenue for the last half of 2018. any year-end 2018 adjusting entries. interest revenue for the first half of 2019. any entry or entries necessary upon sale of the jackson bonds on july 1, 2019. required: 1. prepare colah's journal entries for above transaction.
Answers: 1
image
Business, 22.06.2019 09:00, puppy5209
Aminor has the legal right to repudiate
Answers: 2
image
Business, 22.06.2019 10:20, jjimenez0276
Asmartphone manufacturing company uses social media to achieve different business objectives. match each social media activity of the company to the objective it the company achieve.
Answers: 2
image
Business, 22.06.2019 10:20, bear342
The trial balance of wildhorse co. at the end of its fiscal year, august 31, 2017, includes these accounts: beginning inventory $23,090; purchases $220,970; sales revenue $189,200; freight-in $9,140; sales returns and allowances $4,630; freight-out $1,230; and purchase returns and allowances $7,820. the ending inventory is $21,600. prepare a cost of goods sold section (periodic system) for the year ending august 31, 2017.
Answers: 1
Do you know the correct answer?
Which of the following characteristics would lead theauditor to assess inherent risk relating to fin...

Questions in other subjects:

Total solved problems on the site: 7532546