a cpa in public practice is required to comply with the provisions of the statements on standards for attestation engagements when: 1. Testifying in court 2. Compling a client’s financial projection
a. 1 no 2 no
b. 1 yes 2 no
c. 1 no 2 yes
d. 1 yes 2 yes
Answers
A CPA in public practice is required to comply with the provisions of the Statements on Standards for Attestation Engagements (SSAE) when testifying in court and compiling a client's financial projection. As a result, the correct answer is option D: 1 Yes, 2 Yes.
According to the Statements on Standards for Attestation Engagements (SSAE), when is a Certified Public Accountant (CPA) in public practice required to comply with provisions?
Attestation engagement refers to an engagement in which a practitioner is engaged to issue or does issue an assurance report on the subject matter or an assertion about the subject matter, which is the responsibility of another party. In attestation engagements, the Statements on Standards for Attestation Engagements (SSAE) are the professional standards that must be followed.
In public practice, CPAs are required to comply with SSAE provisions when performing a variety of engagements. These include but are not limited to, the following: When issuing an examination, review, or agreed-upon procedures report on a historical or prospective financial statement.
When issuing a report on internal control over financial reporting audit. When issuing a report on a compliance audit when conducting an engagement to report on performance metrics or to evaluate controls or transaction processing in a third-party vendor's information system when testifying in court when compiling a client's financial projection.
When a CPA is conducting any of the engagements mentioned above, they are required to comply with the provisions of the Statements on Standards for Attestation Engagements (SSAE).
As a result, option D, 1 Yes, 2 Yes, is the correct answer.
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Related Questions
Click this link to view O‘NET's Tasks section for Helpers Production Workers. Note that common tasks are listed
toward the top, and less common tasks are listed toward the bottom. According to O'NET, what common tasks are
performed by Helpers—Production Workers? Check all that apply.
examining products
observing equipment operations
designing products
managing budgets
lifting materials, products, and items
operating machinery used for production
Answers
Answer: • examining products
• observing equipment operations
• lifting materials, products, and items
• operating machinery used for production
Explanation:
According to O'NET, the common tasks are performed by Helpers—Production Workers include:
• examining products
• observing equipment operations
• lifting materials, products, and items
• operating machinery used for production.
It should be noted that the designing of products and the managenent of budgets is not the responsibility of the helpers production. Therefore, the correct options are 1, 2, 5 and 6.
Answer:
The other person is correct, the answers are A, B, E, F.
Explanation:
Frictional unemployment is defined as a type of unemployment that is caused by workers who ______. Multiple choice question. have skills that have become obsolete or are no longer marketable have given up searching for new employment are out of work because of a decline in total spending in the economy unemployed as they actively search for a new job.
Answers
Answer: unemployment as they actively search for a new job
Explanation:
True or false? goods-producing organizations are not involved in service activities.
Answers
The given statement that goods-producing organizations are not involved in service activities is fasle.
Do businesses that produce things also engage in services?Organizations that manufacture goods do not engage in service activities. false The majority of systems combine products and services. . Because consumer demand is unpredictable, service operations need more inventory.
Organizations that manufacture goods do not engage in service activities. Because consumer demand is unpredictable, service operations need more inventory. The prices consumers are prepared to pay for goods or services serve as a gauge of the value of outputs.
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true or false when a high or low performing employee chooses to leave it is highly disruptive for an organization.
Answers
The statement is true because when a high-performing employee leaves, the organization can suffer from the loss of valuable skills, knowledge, and experience.
A high performing employee leaving can result in the loss of valuable skills, knowledge, and experience, and can impact team morale and productivity. When an employee, whether high or low performing, leaves an organization, it can be disruptive in several ways.
Firstly, the organization may experience a loss of productivity or a drop in morale if the departing employee was a high performer who was well-respected by colleagues. On the other hand, if the employee was a low performer, their departure may lead to increased productivity and morale.
Secondly, the organization may incur costs associated with replacing the employee, such as recruitment, training, and onboarding costs. Finally, the departing employee may take valuable knowledge, skills, and relationships with them, potentially impacting the organization's competitiveness and ability to meet strategic goals.
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Keiynan wants to start a restaurant that is environmentally friendly. It is important to him to use locally grown food to keep the impact on the environment low. How should he set up his business based on his goals?
Answers
Answer:
He should begin growing a garden of fresh fruit and vegetables to utilize for his cooking. He could also use sustainable utensils and tools.
Correction in the comments- I assume its the last one.
Keiynan should set his business goals by focusing on the good environmental practices, such as using sustainable utensils and tools and growing a garden of fresh fruit and vegetables.
What is Environment?Environment refers to the surrounding in which we live. It is very important part of the human life to keep the surrounding clean as it may impact the life of everyone, even the animals. It includes all type of living sand nonliving elements.
According to the above scenario, Keiynan open the restaurant while keeping in the mind the measures to be undertaken in order to protect the environment. The practices that he can incorporate are developing his own garden and growing the chemical and pesticides.
Therefore, it can be concluded that Keiynan should focus on excellent environmental practices while setting his company goals, such as employing sustainable utensils and tools and establishing a garden of fresh fruits and vegetables.
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what is a perfect market?
Answers
‘in a perfect market, confidence in a brand should coincide exactly with its market share’
Answer:
A Perfect market is
a market where the sellers of a product or service are free to compete fairly, and sellers and buyers have complete information: The internet has a big part to play in the creation of a perfect market. Compare. imperfect market.
Sam is getting his bachelor's degree. During some of his course work, he honed his research skills and learned to exhibit confidence while presenting to an audience. Which career has Sam most likely been preparing for?
Printing Technology
Telecommunications
Performing Arts
Journalism
Answers
Answer:
Journalism
Explanation:
Answer:
journalism
Explanation:
The pretax financial income of Shamrock Company differs from its taxable income throughout each of 4 years as follows. Pretax Year Financial Income Taxable Income Tax Rate 2020 $282,000 $176,000 35 % 2021 323,000 222,000 20 % 2022 385,000 237,000 20 % 2023 454,000 554,000 20 % Pretax financial income for each year includes a nondeductible expense of $27,900 (never deductible for tax purposes). The remainder of the difference between pretax financial income and taxable income in each period is due to one depreciation temporary difference. No deferred income taxes existed at the beginning of 2020. Prepare journal entries to record income taxes in all 4 years. Assume that the change in the tax rate to 20% was not enacted until the beginning of 2021. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)
Answers
To record income taxes in all four years, we need to calculate the temporary difference and the corresponding deferred tax liability or asset for each year. Here are the journal entries for each year:
2020:
Income Tax Expense $92,400
Deferred Tax Liability $39,900
Income Taxes Payable $52,500
(To record income tax expense and deferred tax liability for 2020)
2021:
Income Tax Expense $20,200
Deferred Tax Liability $20,200
(To record income tax expense and deferred tax liability for 2021)
2022:
Income Tax Expense $29,600
Deferred Tax Liability $29,600
(To record income tax expense and deferred tax liability for 2022)
2023:
Income Tax Expense $120,000
Deferred Tax Asset $119,200
Income Taxes Payable $800
(To record income tax expense, deferred tax asset, and income taxes payable for 2023)
Note: The deferred tax liability/asset is calculated by multiplying the temporary difference (nondeductible expense) by the tax rate applicable in each year.
Please note that these journal entries are simplified and assume a single tax rate applies to the entire taxable income. In practice, tax calculations may be more complex due to multiple tax rates and other factors.
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Research some examples of organizations that experienced bad publicity and how they dealt with it. Write a paper detailing your findings.
Answers
Answer:
did you finish it cuase i got the same one
Explanation:
Admit the error, apologize, and present a solution if you or your company is receiving negative press as a result of anything you did incorrectly. Negative publicity won't disappear if you ignore it.
What do you mean by Negative publicity?When damaging material is revealed, negative PR or publicity can take many different forms in company and can impact everything from sales to your reputation.
Various forms of unfavorable PR for your company could include: negative coverage of your business in the media, online, in publications, or on television.
In particular, we contend that by raising product awareness, unfavorable publicity might boost sales and purchase likelihood.
Negative publicity should therefore affect products differently depending on whether they are recognized or unknown. This viewpoint is supported by three investigations.
Your brand's reputation can be severely damaged in a matter of minutes by false information, negative reviews, and nasty social media remarks. Even worse, rumors spread swiftly and negatively impact the reputation of your company.
Negative publicity can have a significant impact on how potential customers see your brand. When customers publicly disparage a company, product, or service, this is known as bad publicity.
Bad publicity includes posting or publishing negative evaluations on websites, review pages, and social media accounts.
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What are some of the duties of a person who works in housekeeping services? Check all of the boxes that apply.
creating computer reports
washing linens
providing services to patients
mopping up spills from the floor
Answers
Answer:
2 4
Explanation:
(1) State which marketing environment affected Xerox's operation. (1mks)
(b) From your answer above, discuss which specific area from that particular enviroment affected how Xerox conducted business. (5mks)
Answers
Answer a:
Clearly, Xerox had one major issue concerning its marketing environment.
Due to technological changes, i's primary market was shifting and changing. Xerox didn't see it. Perhaps they did and decided it (the changes that is) not
Explanation:
One keyword or practice or culture or capability that was missing in Xerox was adaptability. Had they envisaged the future and created some internal structure to gradually cater to the changing requirements of their client base, they'd probably still be in business today.
So in a way, it wasn't really the change in the market that affected Xerox. It was Xerox' inability to respond to such changes that did it in. At some point, it became apparent to investors that Xerox was incapable to move with the next tide. They withdrew their funds, sold their shares and the rest is history.
Answer b:
The major area that affected how Xerox conducted business is the technology enviriomment.
Explanation
Due to the availability of technology which made it possible, peoples mindset were beginning to shift from keeping hard copies and or duplicating them to keeping electronic copies.
Two things made this idea very attractive:
1. It reduced cost greatly. In every era, cost reduction has always been an attractive business proposition for companies in any sector or subsector. As firms discovered they could cut down by keeping electronic copies of their documents, the idea quickly caught on. And so did the profits made by the renowned copier decline.
2. Another factor strenghtened the decline in making and keeping hard copies of documents is the ideology that the more papers we made, the more we were damaging our environment.
Companies that quickly adjusted even used their paper reduction efforts as a unique selling marketing proposition.
Cheers
excelsia is a firm in a perfectly competitive industry. at its profit-maximizing level of output, average total cost is not minimized and its variable cost is higher than its price. what will excelsia decide to do?
Answers
Excelsia is a firm operating in a perfectly competitive industry. In this scenario, the profit-maximizing level of output occurs when the marginal cost equals the market price. However, you've mentioned that the average total cost is not minimized and the variable cost is higher than the market price.
Given these conditions, Excelsia will likely decide to reduce its production levels or look for ways to decrease its variable and total costs. By doing so, it can minimize losses and try to achieve a more competitive position within the industry. Additionally, the firm may consider reassessing its production processes or cost structures to align more effectively with the competitive market environment. In summary, Excelsia will need to take measures to decrease its costs in order to better compete and maximize profits in the long run.
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jennifer has offered to sell her laptop computer for $500 to jack. she tells jack that the computer is only six months old but, in fact, it is three years old, and jennifer wants to unload the lemon. jack agrees to buy the computer based on jennifer's representations. this contract is
Answers
Jennifer has offered to sell her laptop computer for 500 to Jack. She tells Jack that the computer is only six months old but, in fact, it is three years old, and Jennifer wants to unload the lemon.
Ack agrees to buy the computer based on Jennifer's representations. This contract is a fraudulent contract. A fraudulent contract is a contract entered into by parties with the intent to deceive or mislead another party. The elements of a fraudulent contract are.
The false representation of a material fact Knowledge of falsity The intent to deceive or mislead the other party Reliance on the misrepresentation by the other party Damage caused to the other party A fraudulent contract is voidable, meaning the deceived party has the right to rescind the contract.
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An option to purchase leased property:_____.
A) establishes the right of the tenant to purchase a property from the landlord.
B) commits the tenant to the purchase of the property at the end of the rental term.
C) commits the landlord to selling the property at the end of the rental term.
D) must be accompanied by a purchase and sale agreement for the property.
Answers
An option to purchase leased property: establishes the right of the tenant to purchase a property from the landlord. The option to purchase a leased property is a clause in a lease agreement that provides a tenant with the right to buy the leased property from the landlord at a certain price or based on a certain valuation method.
It is also known as a lease-option.To acquire the right to purchase the property at a later date at a predetermined price, the tenant typically pays the landlord an option fee at the start of the lease period. The option fee, which is typically 2% to 7% of the purchase price, compensates the landlord for the period during which the property is reserved for the tenant. If the tenant chooses not to purchase the property at the end of the lease term, the option fee is forfeited.
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What is the marginal revenue and marginal cost for this diagram?
What type of market is this? Explain your answer
Answers
Marginal revenue :
2060120200300420560Marginal cost :
108210192640It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.
Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.
Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.
Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.
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to help herself remember the items she needed to get from the supermarket, clara repeated the five-item list over and over under her breath. this is an example of which information-processing strategy? group of answer choices mnemonics systematic searching rehearsal organization
Answers
Rehearsal is the right option. This is an example of rehearsal information-processing strategy.
Rehearsal refers to the manipulation of records currently stored in Working Memory. Students are targeted on this information, and need to engage with it in some way or it is forgotten.
Rehearsal is the technique of doing so. There are two foremost kinds of rehearsal: maintenance and elaborative.
What is the rehearsal strategy?A rehearsal strategy uses repeated exercise of information to research it. When a pupil is introduced with specific facts to be learned, such as a list, often he will strive to memorize the statistics with the aid of repeating it over and over.
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https://brainly.com/question/457833#SPJ4The Natural rate of unemployment is: A. Structural unemployment rate plus frictional unemployment rate. B. The actual rate minus the cyclical rate C. A and B Leaning towards A
Answers
other things equal an excise tax on a product will
Answers
Other things equal an excise tax on a product will increase its price.
A tax on the sale of a single unit of a good or service is referred to as an excise tax. Excise taxes provide for a disproportionately large portion of tax revenue in the United States.
The incidence of an excise tax depends on both the price elasticity of supply and demand.
Deadweight loss is a societal expense or deficit brought on by the inefficiency of the market (inefficient use of resources).
Excise taxes are typically used to offset the unfavourable externalities caused by the use of a single unit of an item or service. For instance, cigarettes and petrol are subject to excise duties.
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Complete question is:
Other things equal an excise tax on a product will _______
who was in paris????
Answers
Answer: i wish i was in paris
Explanation:
Answer:
Ernest hemlingway
Explanation:
he was a Paris writer in 1899-1961
A finance question that I need help with.
Answers
One theory suggests that people can express dissent in two ways - either by leaving an organization (exit option) or by ___________________.
forming a union
rioting
meeting with HR
taking a nap at your desk
Answers
One theory suggests that people can express dissent in two ways - either by leaving an organization (exit option) or by voice option.
The voice option refers to expressing concerns, opinions, or dissatisfaction within the organization rather than exiting. It involves actively engaging with the organization to bring about change or address issues.
There are various ways individuals can exercise the voice option. One way is by forming a union. Unions represent groups of workers who come together to collectively voice their concerns and negotiate with management on matters such as working conditions, wages, and benefits. By forming a union, employees can leverage their collective power to push for changes in the organization.
Another way individuals can exercise the voice option is by meeting with HR. Human Resources (HR) departments are responsible for handling employee concerns and grievances. By meeting with HR, employees can express their dissent, raise issues, and seek resolution through internal channels.
Additionally, individuals can engage in peaceful forms of protest, such as writing letters, organizing meetings or town halls, or participating in discussions within the organization. These actions allow individuals to express their dissent while remaining within the organization, giving them the opportunity to advocate for change, influence decision-making processes, and contribute to the overall improvement of the organization.
Taking a nap at your desk is not a valid option for expressing dissent. It is not an appropriate or effective means of communication within an organization.
In summary, the voice option is an alternative to the exit option for expressing dissent within an organization. It can be exercised through forming a union, meeting with HR, or engaging in peaceful forms of protest, all of which provide individuals with opportunities to voice their concerns, address issues, and work towards positive change.
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Click this link to view O*NET's Work Activities section for Postsecondary Education Administrators.
Note that common activities are listed toward the top, and less common activities are listed toward the bottom.
According to O*NET, what are common work activities performed by Postsecondary Education Administrators?
Check all that apply.
making decisions and solving problems
operating vehicles
communicating with supervisors, peers, or subordinates
establishing and maintaining interpersonal relationships
repairing and maintaining electronic equipment
drafting, laying out, and specifying technical devices, parts, and equipment
Answers
Answer:
BDE
Explanation:
Answer:
A C D
Explanation:
a period of sustained growth of output in the economy is referred to as a(n)
Answers
A period of sustained growth of output in the economy is referred to as an economic expansion.
An economic expansion is a period of sustained growth in economic output, typically measured by gross domestic product (GDP). During an economic expansion, businesses and consumers are confident and spending money, which drives growth in the economy. This leads to increased job creation, higher wages, and rising profits for businesses.
An economic expansion is often characterized by low unemployment rates, rising stock prices, and increasing consumer spending. However, an economic expansion can also lead to inflation, as increased demand for goods and services can cause prices to rise. When an economic expansion lasts for an extended period of time, it is often referred to as an economic boom.
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------------The given question is incomplete, the complete question is:
"A period of sustained growth of output in the economy is referred to as a(n) _________."-------------
Cooperatives save members money by
O purchasing supplies and services as a group.
securing financing from banks as a group.
O charging more to sell their products as a group.
O sharing all profits democratically as a group.
Answers
Answer: A
Explanation: by purchasing supplies and services as a group
Cooperatives save members money by purchasing supplies and services as a group securing financing from banks as a group.
What are cooperatives?Cooperatives are a type of financial institution that is owned and run by members of the cooperative. Each member in the cooperative have equal rights and privileges.
Members in a cooperative save their money and this money is lent out to members at a low level of interest rate.
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In addition to paying $100 per month for health insurance. Jaine is responsible for paying her first $500 of medical bill every year before her insurance covers any coast. The $500 Jaine must pay is called the
Answers
Answer:
It is called a co-pay.
Explanation:
"A copay is a fixed out-of-pocket amount paid by an insured for covered services." - https://www.investopedia.com
The _____ is the document that serves as the creative team's guide for writing and producing the ad. Group of answer choices Creative strategy Storyboard Graphic ideation Message strategy Speculative presentation
Answers
Answer:
The creative strategy is the document that serves as the creative team's guide for writing and producing the ad.
Name the choreographic element that encourages dancers to rely on musical cues, visual connections, and emotional phrasing.
Answers
The choreographic element that encourages dancers to rely on musical cues, visual connections, and emotional phrasing includes the time, energy, and space
What is the meaning of Choreography?In art, a choreography means the way in which an idea is expressed physically through dance. When developing this concept, the users usually relies on important principles of organization to ensure that the idea takes a clear, appropriate, and aesthetically pleasing form.
These are principles that comprises the basic ingredients for the dancers' movements and patterns and help the choreographer utilize space, express intention and the music, and organize the dancers.
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Question 19
The SEC's powers include all of the following except the power to
O establish new federal agencies for the prosecution of securities law violations.
O issue a cease and desist order.
O investigate potential violations of securities laws.
O initiate criminal charges against a company that has violated securities laws.
Answers
The SEC's powers include all of the following except the power to establish new federal agencies for the prosecution of securities law violations.
What does the SEC investigate?The SEC's Division of Enforcement can bem ecribd as the entity that is in the charge of investigating alleged breaches of securities law.
It should be noted that the SEC investigations is been set up to handle the case such s the Unregistered securities offerings,as ll s insider trading, accounting errors and negligence, market manipulation, U. S. Securities as well as Exchange Commission help to Protect investors in the market all day.
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A scrum master is responsible for estimating a work package that has a significant amount of uncertainty associated with the time and cost to complete. Due to the uncertainty involved he will be making a low, an average and a high estimate. He is using which estimating approach?
a. Apportion method
b. Range estimating
c. Learning curve
d. Parametric procedures applied to specific tasks
e. Template method
Answers
Based on the scenario above, He is using the Range estimating approach.
What is a range estimate?The Range estimating approach is known to be a kind of estimated distance that exist between a person and their target.
There are a lot of techniques in estimating range, An example is the:
100-meter-unit-of-measure method. The appearance-of-object method.The bracketing method, etc.Learn more about Range estimating from
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What might you tell her about career resources and their importance in career selection?
Answers
Answer:
I would like to tell her that it is good that she has chosen her career but there is no harm in taking the help of the career resources as it will clarify her path and clear her conflicts if any. Moreover, it can help in her career selection and give her some ideas of the pros and the cons of the field she is choosing. Taking assistance of the resources can give major idea of the experiences and the instances from other’s life and can influence her decision in the positive way.
Explanation:
edge