An auditor withdrew from further association with a nonissuer entity after issuing an audit report on it. Subsequently, the auditor discovered facts that, if known to the auditor at the date of the auditor' s report, could have caused the auditor to revise the report. Which of the following statements about this circumstance is correct?
A. . The auditor should talk with the successor auditor about the circumstances of the subsequently discovered information and advise whether the financial statements should be revised.
B. The auditor should extend audit procedures with regard to management' s revised financial statements with the objective of expressing a dual-dated qualified opinion.
C. The auditor should discuss the matter with management and, if it is determined that the financial statements need revision, ask how management intends to address the matter in the financial statements.
D. Because the auditor is no longer associated with the entity, the auditor has no further responsibilities with regard to the financial statements.

A general manager defining a superior customer service strategy for his division to better deliver its products is a strategy

Option (c) is an example of a business-level strategy.

A business-level strategy is a plan or approach that a company adopts to create and sustain a competitive advantage in a particular business unit or product line. It focuses on how the company can differentiate itself from its competitors and meet the specific needs of its customers.

In option (c), the general manager is defining a superior customer service strategy for his division to better deliver its products. This is a business-level strategy because it is focused on creating a competitive advantage for the specific division by delivering superior customer service, which can lead to customer loyalty and repeat business.

Read more on business level strategy here:https://brainly.com/question/29525160

#SPJ1

The answer is a. Run a print ad with coupon in a senior center program schedule.A restaurant is a place of commerce where customers can order and receive food and drinks.

Despite the fact that many restaurants now provide takeaway and food delivery services, meals are frequently served and enjoyed on the premises. There are many different styles and types of restaurants, from low-cost fast food and cafeterias to exorbitant luxury places. They also offer a wide range of cuisines and service approaches.The tiniest restaurant in the world, Kuappi, is located in Iisalmi, Finland.Early in the 19th century, the French word restaurer, which also means "give food for," was originally employed to indicate "return to a former status."The verb's present participle also suggests that the word "restaurant".

Learn more about restaurant:

https://brainly.com/question/28587110

#SPJ4

Exit is the best way to characterise Ken's response to a bad work event. This indicates that he decided to quit his position of employment willingly as a result of a bad experience or incident.

The easiest way to sum up Ken's response to a bad workplace occurrence is to say that he left. This indicates that he left his employment voluntarily as a result of a bad experience or incident, in this example, learning that he would be moving to a new sales region. One possible employee response to unfavourable workplace events is the exit response, which entails leaving the company, either by quitting or retiring. Feeling insulted, unappreciated, or unsupported by the company, among other things, might cause this reaction. It is a typical reaction when an employee believes their only alternative is to quit because they see no prospect for development.

Learn more about employment here:

https://brainly.com/question/1361941

#SPJ4

Establishing a brand name and differentiating product can give the product's seller a competitive edge and, in the end, increase brand recognition.

The term "competitive advantage" describes elements that enable a business to produce goods or services more effectively or at a lower cost than its rivals. When compared to its competitors in the market, these factors enable the producing unit to produce more sales or margins.

Marketing that is "different" focuses on a certain market that is interested in purchasing a particular kind of goods. A company that sells organic dog food, for instance, is trying to attract a certain demographic: people who value their health, love animals, and care about the environment.

To know more about differentiating product visit :-

https://brainly.com/question/30012181

#SPJ1

The annual report also includes management discussion and analysis and notes disclosures to the financial statements.

An extensive overview of a corporation's operations for the preceding year is contained in an annual report. Its objective is to provide users with information on the company's operations and financial performance, such as shareholders or potential investors. Annual reports, which provide a plethora of information, allow readers to have full knowledge of the company's overall performance over the preceding year.

It is important to note that many annual reports do not adhere to the conventional structure of long text reports; rather, many organizations commonly add a lot of visuals and images, producing a document that is aesthetically pleasing.

Learn more about the annual report with the help of the given link:

brainly.com/question/28426415

#SPJ4

interval and ratio are measurement possess mutually exclusive categories, a fixed order to the categories, and equal spacing between the units of measurement.

The nominal level of measurement divides data into categories that are mutually exclusive (nonoverlapping) and in which the data cannot be ranked or placed in any order.

Measurement is the quantifying of characteristics of an object or event so that they can be compared to those of other objects or occurrences. To put it another way, measurement is the act of figuring out how big or little a physical quantity is in relation to a fundamental reference quantity of the same kind.

Finding a number to represent the quantity of something is the process of measurement.

To know more about measurement visit:

https://brainly.com/question/28913275

#SPJ4

False. Under the Age Discrimination in Employment Act of 1967, state employers are not exempt from private lawsuits brought by employees.

Age discrimination in employment is not permitted in the United States because of a law passed in 1967 known as the Age Discrimination in Employment Act. President Lyndon B. Johnson signed the bill into law in 1967. under conditions that Title VII of the Civil Rights Act of 1964 does not explicitly address. The ADEA guarantees equal work opportunities and forbids age discrimination. The act also requires that the general public have access to information about the conditions for pensions and benefits provided by businesses. They must be compensated if they are required to work longer than what is specified in their contract, which typically includes Saturdays for employees who do not have a Saturday off and always includes federal holidays.

Learn more about Age discrimination in employment act here:

https://brainly.com/question/29492155

#SPJ4

Starkist tuna adopted a dolphin-safe policy and stopped purchasing tuna from vessels using dolphin netting. This move implies that it was taken in response to concerns over the market place.

A plan outlines the ways by which the objectives (goals) will be accomplished (resources). Strategy can be set or it can develop organically when an organization competes or adjusts its surroundings. It involves tasks like strategic thinking and strategic thought.

An organization's long-term aims and the plan it has to attain them are referred to as its strategy. In other respects, it demonstrates the strategy for achieving the primary intention.

To know more about strategy visit:

https://brainly.com/question/15285486

#SPJ4

True. To manage costs, most companies are choosing a leveraged sales force that focuses reps on selling the company's more complex and customized products to large accounts and uses inside salespeople and online ordering for low-end selling.

Cost is commonly the cost caused for making an item or administration an organization sells. The expense to make an item could incorporate the expense of unrefined substances utilized. How much expense that goes into delivering an item can straightforwardly influence its cost and benefit procured from every deal. A few organizations will list the all out cost to make an item under the cost of products sold (Machine gear-pieces) on their fiscal reports. Pinions is the complete of direct costs associated with creation. These expenses could incorporate direct materials, like unrefined components, and direct work for the assembling plant.

Then again, a retail location could incorporate a piece of the structure's working costs and compensations for deals partners in their expenses. For things sold through a site as opposed to actual store, the cost of working the site may be remembered for costs.

Know more about Costs - https://brainly.com/question/14083670

#SPJ4

A new business code that will handle sidewalks in the city is being debated in Louisville, Kentucky. Local taxes are not an issue for the members of the Louisville city council.

Local taxes are levy fees that residents of a town must pay to the local government. Since fixing the city's sidewalks in Louisville, Kentucky is the issue at hand, local taxes won't be a problem because it's not a local one. Environmental regulations, restricted covenants imposed by the federal government, local zoning laws, and building requirements will be a cause of worry.

To know more about Business ordinance visit:

https://brainly.com/question/24205376

#SPJ4

This statement is True. Wholesalers and retailers are the two most common types of intermediaries. Wholesalers buy in bulk from manufacturers and then sell to retailers who in turn sell the products to end users.

Retailers are often the last link in the distribution chain, providing customers with access to products from a variety of sources. Intermediaries thus help bridge the gap between manufacturers and end users, making it easier for products to reach the right people. Brokers provide services such as warehousing, inventory management, packaging, and transportation that are necessary for the efficient movement of products from producers to consumers or industrial buyers.

To know more about intermediaries click here

https://brainly.com/question/29770266

#SPJ4

The correct option is A. The Du Pont identity breaks down return on equity into three component parts: the operating efficiency of the firm, its asset use efficiency, and financial leverage.

In economics, an account refers to a record of financial transactions related to a particular entity or organization. These transactions can include money received or spent, assets acquired or disposed of, and liabilities incurred or paid. Accounts are typically kept in a standardized format and are used to track the financial performance of an entity over time.

For example, a company's financial account would include records of all its income, expenses, assets, and liabilities, and would be used to create financial statements such as balance sheets and income statements. A household's account would similarly track its income, expenses, and assets such as savings and investments.

To learn more about Account visit here:

brainly.com/question/22917325

#SPJ4

The firm's market-to-book ratio is  1.08 times. Thus the correct option is E.

By dividing the book value by the market value, the book-to-market ratio identifies equities that are underpriced or overpriced by comparing a company's book value to its market value.

The calculation for the market-to-book ratio

Market-to-Book Ratio = Market Capitalisation / Netbook Value

Market Capitalisation = 500 ( million shares)*30.42 (per share price)

                                 = $15,210

Net Book value = Total Assets-Total liabilities

                              = $39,000 - $24,960

                             =  $14,040

Market- to -book ratio = $15,210 / $14,040

                                       = 1.08 times.

The market-to-book ratio is  1.08 times. Therefore, option E is appropriate.

Learn more about market-to-book ratio, here:

https://brainly.com/question/28503595

#SPJ1

Long-term capital gain is calculated as Final Selling Price - (Indexed Cost of Acquisition, Improvement, and Transfer), where Indexed Cost of Acquisition is calculated as Cost of Acquisition x Cost Inflation Index of Transfer / Cost Inflation Index of Acquisition.

Gains from the selling of assets like stocks, bonds, or real estate are referred to as capital gains. When an asset is sold for more than it cost to buy it, capital gain is realised. It is the difference between the asset's cost price and capital gains, which is lower. In the event of a long-term capital gain, capital gain is calculated as final sale price minus (transfer cost plus indexed purchase cost plus indexed housing improvement cost). Any profit made through the sale of an asset classified as a capital is referred to as a capital gain. The income category includes the profit that was made. Thus, a tax must be paid on the income earned.

To learn more about capital gains click,

https://brainly.com/question/29499716

#SPJ1

A nominal amount of money, even as little as one dollar, is sufficient consideration to form a valid contract. this is true even if the other party's consideration is much more valuable. True

The nominal value of a security, also known as its face or par value, is its redemption price and is often listed on the front of that instrument. It is the declared value of an issued security, as opposed to its market value, in the case of bonds and stocks.

In economics, nominal values refer to the unadjusted rate or current price, which does not account for inflation or other factors, as opposed to real values, which account for general price level changes over time.

Learn more about  nominal amount

https://brainly.com/question/29845613

#SPJ4

The answer is option b. Relative comparisons. The  process of weighing decision criteria in which each criterion is compared with every other criterion is Relative comparisons.

The word "criterion," which is singular, refers to "a standard of judgment or critique." Criterion is the plural form of criteria and cannot be used as a singular noun. Five requirements must be fulfilled in the mechanism's design.

Validity of the criteria If a college admission exam can forecast future academic achievement, a researcher wants to know. As it is a recognized indicator of academic success, the first-semester GPA can be used as the criteria variable.

To know more about Criterion visit:

https://brainly.com/question/25682985

#SPJ1

Relevant data: The $19,300 inventory of parts, the estimated sale price of $7,100 if sold as is, and the estimated sale price of $21,300 if modified. These pieces of data are relevant to the decision about what to do with the obsolete parts.

Estimation is the process of making an educated guess about something based on available information. It involves taking into account all known facts and making a judgement about the outcome. Estimation is commonly used in many fields such as business, engineering, construction, finance and economics. The accuracy of an estimate depends on the quality of the data used, the experience of the estimator, and the amount of time available for the calculation. Estimation is an important skill to have in order to make informed decisions and to predict future outcomes.

To learn more about estimated

https://brainly.com/question/1194429

#SPJ1

David might transfer his assets according to the formula given for justice.

Equipment, estate development, raw materials, and inventories are examples of tangible assets. Intangible assets encompass things like royalties, trademarks, and other copyrights.

Fairness of Equal Results: Divide his money equally between Brian and Tonya, instead than giving it to charity.

As a matter of fair treatment, Terry should be given all of his riches in order to close the gap between he and his sister.

Fairness of Procedure: Inform his sons that he would give the cash to whoever takes the best care of him during his his senior years.

Equity of what is earned or deserved: Give the money to the kid he believes has earned the most of it.

To know more about asset visit:

https://brainly.com/question/29806447

#SPJ4

A short position in the stock market is when an investor sells a security that they do not own, with the intention of buying it back at a later time at a lower price to make a profit.

Essentially, short selling is the opposite of buying a stock, where you would purchase a security with the expectation that it will increase in value in the future. To execute a short sale, the investor must first borrow the security from someone who owns it, such as a broker or another investor, and sell it on the market. If the price of the security goes down as the investor predicted, they can buy it back at a lower price and return it to the lender, pocketing the difference between the sale price and the purchase price as profit. However, short selling can be a risky strategy because there is no limit to how high the price of the security can rise. If the price of the security goes up instead of down, the investor will be forced to buy it back at a higher price, resulting in a loss. Short selling is typically used by investors who believe that a particular security is overvalued or will experience a price drop in the near future. It can also be used to hedge against potential losses in a portfolio, although this strategy can also be risky if the price of the security being hedged against increases instead of decreases. In conclusion, a short position involves selling a security that you do not own in the hopes of buying it back at a lower price in the future. While this strategy can potentially lead to profits, it can also result in losses if the price of the security increases instead of decreases.

To know more about short selling:

https://brainly.com/question/30522884

#SPJ4

Answer:

According to Maslow's hierarchy of needs, employees would be motivated by job enrichment only if job enrichment were already offered. Health insurance, on the other hand, would motivate employees regardless of whether it is already offered.

That's right. Job enrichment is a higher-level need on Maslow's hierarchy of needs, which means it will only motivate employees if it is already offered. Health insurance is a lower-level need, so it will motivate employees regardless of whether it is already offered.

The customer perspective of the balanced scorecard answers is How do customers see us.

The correct option is A.

Thus, the following is an example of a balanced scorecard description: A tool for tracking the company's strategic choices based on indicators that have been previously developed and that should affect at least four areas: finances, customers, internal operations, and learning and growth.

By adding other metrics that assess success in areas like customer happiness and product innovation to financial indicators, the balanced scorecard approach tries to provide stakeholders a more complete picture of an organization's performance.

To know more about Balance scorecard visit:

https://brainly.com/question/30049918

#SPJ1

Advantages of team communication include increased collaboration and the ability to draw upon diverse perspectives and expertise.

When individuals work together in a team, they can share knowledge and ideas, which can lead to better decision-making and problem-solving. In addition, team communication can help to build trust and foster a sense of camaraderie among team members. However, team communication can also have disadvantages. It can be time-consuming and challenging to coordinate schedules and ensure that everyone has an opportunity to contribute. Additionally, conflicts can arise when team members have different opinions or approaches to a problem. In terms of ease, whether team communication or individually produced communications are easier will depend on the context. For example, individual communication may be easier when a single person is responsible for completing a specific task or project. On the other hand, team communication may be easier when a project is complex or involves multiple stakeholders, as it allows for the sharing of information and ideas. Ultimately, the effectiveness of communication depends on various factors, such as the nature of the task, the communication style of team members, and the tools and resources available. Both team and individual communication have their advantages and disadvantages, and it's essential to choose the most appropriate approach based on the specific circumstances.

Learn more about collaboration here:

https://brainly.com/question/30235523

#SPJ4

D) Immigration policy is a prime illustration of the disagreements and tensions that can occasionally develop between state and federal governments that are fueled by federalism.

Citizenship in the United States and immigration into the country are governed and supervised by federal policy. The Department of Homeland Security is in charge of enforcing immigration laws in the United States under the direction of the US Congress.

Early in the nineteenth century, the United States had lax immigration laws, which were followed by severe immigration laws in the late nineteenth and early twentieth centuries.

Visa, asylum, and naturalization policies are among the policy issues connected to the immigration procedure. Deferral policy and removal policy are two areas of policy that pertain to illegal immigration.

Learn more about immigration policy with the help of the given link:

brainly.com/question/3645573

#SPJ4

As per the inventory, Service-based companies can maintain include complementary goods, companion goods, supplemental products, companion services, facilitating products, service goods, and intangible products.

In the service industry, companies cannot maintain an inventory of services because they are produced and consumed simultaneously.

However, companies in the service industry can maintain an inventory of answers or intangible goods, which are items used during the provision of a service.

Complementary goods refer to products or services that are sold together with the main service.

Companion goods are products or services that are consumed together with the main service.

Supplemental products are additional products or services that can be purchased in addition to the main service.

Companion services are additional services that can be purchased in addition to the main service.

Facilitating products are goods or services that support the delivery of the main service.

Service goods are tangible goods that are used in the delivery of the main service.

Intangible products are non-physical goods that support the delivery of the main service.

In summary, while service-based companies cannot maintain an inventory of services, they can maintain an inventory of various goods and products that support the delivery of their services.

To know more about inventory here

https://brainly.com/question/14184995

#SPJ4

Complete Question:

Companies in the service industry cannot maintain an inventory of services, however, they can maintain an inventory of Answers which are items that are used during the service being provided.

Accompanying Products

Complementary Goods

Companion Goods

Supplemental Products

Companion Services

Complementary

Materials

Intangible Goods

Facilitating Products

Service Goods

Intangible Products

This is a long-term liability - mortgage payable due in 20 years.

Bank loans, notes payable, bonds payable, and mortgages are examples of common long-term obligations.

One that the business anticipates paying over a longer period of time is referred to as a long-term liability.

Long-term liabilities are typically formalized through documentation that outlines their terms, including the principle amount involved, their interest payments, and when they are due.

A current liability is one that the business anticipates being able to pay in the near future using assets listed on the current balance sheet.

Examples of common current liabilities include accounts payable, salary, taxes, and delayed revenues (services or products yet to be delivered but for which money has already been received).

On the financial statement, information about a company's solvency can be ascertained by evaluating its liabilities and its capacity to pay those debts.

To know more about accounts visit:

https://brainly.com/question/14610498

#SPJ1

Job Crafting is a naturally occurring phenomenon whereby employees mold their tasks to fit their individual strengths, passions, and motives better.

Job crafting is a self-initiated, proactive strategy to change the characteristics of one's job to better align the job with personal needs, goals, and skills. People engage in job crafting to find greater meaning at work, a positive work identity, improved work-related well-being, and improved job performance.

Job crafting as a scientific topic was founded on research indicating that employees do not always enact the job descriptions that are formally assigned to them, but rather actively shape and utilize their jobs to fit their needs, values, and preferences.

Read more about Job Crafting

brainly.com/question/5009271

#SPJ1

Answer: The company would add the net income to the Credit column of the Balance Sheet & Owners Equity columns of a work sheet.

Explanation:

If an investor expects a sharp increase in a stock's price, D: exercising rights could be a profitable option.

Exercising rights involves using the pre-emptive right to purchase additional shares of a company's stock at a predetermined price. If the investor exercises the right and the stock price increases sharply, they could make a profit by selling the shares they purchased at a higher market price.

However, it is worth noting that the profitability of this option will depend on the specific terms of the pre-emptive right and the magnitude of the anticipated price increase.

"

Complete question

if an investor expects a sharp increase in a stock's price, which of the following will be the most profitable?

a) Sell puts

b) Buy puts

c) Sell calls

d) Exercise rights

"

You can learn more about stock price at

https://brainly.com/question/28539863

#SPJ4

The requirements analysis strategy that Joan is using is A: business process automation.

Business process automation involves taking a manual business process and automating it using technology to make it more efficient. In this case, Joan's project is to take a fairly straight-forward manual process and make it an electronic process, which is an example of business process automation.

By automating the process, Joan can improve the efficiency of the process by reducing errors, increasing throughput, and decreasing processing time. This can help to improve the overall productivity of the organization and reduce costs associated with manual processing.

Therefore, the correct answer is A - business process automation.

"

Complete question

Joan's project is to take a fairly straight-forward manual process and make it an electronic process. This will make the processing more efficient. Which of the following requirements analysis strategies is she using?

a) Business process automation

b)  Business process improvement

c)  Business process internalization

d)  Business process reengineering

"

You can learn more about process automation at

https://brainly.com/question/30162032

#SPJ4

The company's overall impact margin (CM) ratio is 33%, according to the query we have.

The firm closed some of its outlets, notably in Manhattan Beach and Murrieta in California, at Opry Mills around Nashville, Tennessee, and Lynnwood, Washington, due to the COVID-19 outbreak and the fact that a portion of the operation was a buffet.

A. Contribution Margin equals contribution multiplied by sales by 100%

Products from Lucidio have a 33% contribution margin ($30,000 / $100,000).

B. The sales amount at which a company covers its costs and generates no profit is known as the break-even point.

Fix expenses divided by net income is the break-even point.

= $24,000/ 33%

= $72,727

72,727

To know more about Claimjumper visit :

https://brainly.com/question/15995924

#SPJ1