an external auditor is required to be independent when performing:

Answers

Answer 1

Answer:

Independence of the external auditor means independence from parties that have an interest in the results published in financial statements of an entity. ... Internal and external concerns are convoluted when nominally independent divisions of a firm provide auditing and consulting services

Answer 2

An external auditor is required to be independent when performing: their duties.

Who is an auditor?

An auditor is someone who is responsible for evaluating the validity and reliability of a company or organization's financial statement. An accounting record so audited will be relied upon by management and investors in making their investment decision.

Independence of the external auditor means independence from parties that have an interest in the results published in financial statements of an entity. Internal and external concerns are convoluted when nominally independent divisions of a firm provide auditing and consulting services.

Hence, an external auditor is required to be independent when performing their duties.

Learn more about auditing here: https://brainly.com/question/26048609


Related Questions

which characteristic is most important in identifying which data to collect for marketing research?

Answers

The characteristics of the data includes one which will help in decisions making for marketing actions.

Let understand that "Marketing research" is the process of gathering, recording, analyzing and drawing conclusion on data collected from potential customers of a product to facilitate decision making about a product viability.

The purpose of Marketing research is to provides concrete information which is relevant for decision making in the firm.

Therefore, the characteristics of data that is very important to marketing research are data which will be relevant to draw decisions for marketing actions.

Read more on Marketing Research here

brainly.com/question/16828144

Suppose the central bank in the nation of Zook attempts to pay off its national debt by printing large amounts of currency. The large increase in the money supply causes the price level to rise by 1,200 percent. What do you expect will happen to the value of Zook's currency?




Instructions: Round your answer to 2 decimal places.




The value of Zook's currency will

(Click to select)

by

percent.

Answers

Answer:

it would become worthless

Explanation:

if they keep printing loads of money then the individual Zook dollar would decrease in worth

ballot measures sponsored by businesses or business groups are much more likely to pass than those initiatives sponsored by citizen groups.

Answers

Ballot measures that are sponsored by businesses or business groups are indeed more likely to pass than those brought by citizen groups. This is therefore a true statement.

Ballot measures by business and business groups have a higher chance of becoming law because:

Businesses will fund the measure better which ensures greater reach Businesses have greater influence than individual citizens

As a result of businesses being able to fund their measures more. They will advertise it across the area which will increase its chances of being voted for. Businesses can also mobilize more people to vote for the measure than individual citizens.

In conclusion, ballot measures by businesses have a better chance of passing.

Find out more at https://brainly.com/question/1525487.

PLEASE HELP ME I NEED HELP!!!!!!
Which of these factors would NOT cause the demand curve for a particular good to shift?

Group of answer choices

a change in the costs of a necessary factor of production

a change in the number of consumers in the market

a change in the level of consumer income

a change in consumer preference

Answers

Answer:

a change in the level of consumer income

Explanation:

i did the problem recently :)

what is strategy?
A) An action to be taken that will likely result in accomplishing goals and objectives
B) A statement that defines what an individual or group wants to accomplish or become
C) A training or certification that helps a person expand skill set
D) A specific step to be accomplished in the short term that eventually leads to reaching goals

Answers

The answer would be D

do you want high or low interest rate on loan/credit explain

Answers

Answer:

Low interest rate is better because you will payback less

Explanation:

if the senate wants to expel a member, how many senators have to agree?

Answers

Answer:

25

Explanation:

what two methods of depositing and withdrawing money are most convenient for you? why?

Answers

Two methods: make deposits and withdrawals from a checking account: by going to a bank branch and working with a bank teller, or by using the nearest ATM you can find.


Hope this helps!! :)

There are two ways to deposit money into and withdraw money from a checking account: either visit a bank branch and deal with a bank teller there, or use the closest ATM you can find.

What is ATM ?

One of the easiest and fastest ways to deposit money into your account is by using a credit card or debit card. These bank cards are widely used, therefore you are no longer need to open a separate account. Additionally, money is transferred to your account balance right away.

Customers of financial institutions can conduct financial activities, such as cash withdrawals, deposits, funds transfers, balance inquiries, or account information enquiries, at any time and anywhere using an automated teller machine (ATM), sometimes known as a cash machine in British English without having to speak to a bank employee directly.

Customers can use an ATM to access their bank deposit or credit accounts and perform a number of financial operations, including checking their balances, withdrawing cash, and transferring credit to and from mobile devices.

Learn more about ATM here

https://brainly.com/question/24198010

# SPJ 5

Which type of shopping malls typically employs a unifying theme (Victorian, Early American Colonial, Alpine, National Park, etc.) that is carried out by the individual shops in their architectural design and, to an extent, in their merchandise? Example: Ghirardelli Square in San Francisco

Answers

Answer:

Please elaborate more your question so i can give you a more accurate answer

Explanation:

Interviewers asked Jeff to discuss a time when he demonstrated adaptability at his job. What is the MOST appropriate response for Jeff to give?

A.
Because I am introverted, I was able to work by myself for most of the day.

B.
When our old software no longer worked, I came up with a new system that could help us meet our goals.

C.
I consistently communicated well by writing very detailed emails to my colleagues.

D.
My emotional intelligence is so high that I can usually tell what everyone in a room is feeling.

Answers

Answer:

B. When our old software no longer worked, I came u with a new system that could help us meet our goal.

Explanation:

When the old software didn't work, Jeff adapted to the situation and created new software for the company so that the company could continue on with its work and achieve their goal.

B is the answer to this question it fits the best out of all the options

if davidson has 7,000 units on hand at december 31, the cost of ending inventory under the average-cost method is

Answers

The cost of ending inventory under the average-cost method is $75,250.

The average cost method is a method used to determine the cost of inventory in which the cost of goods sold is determined by determining the weighted average of the cost of inventory.

Average cost method = total cost of inventory bought / total units bought

(5,000 x $8) + (15,000 x 10) + (20,000 x 12) = $430,000

Total units bought = 5000 + 15,000 + 20,000 = 40,000

Price of inventory = $430,000 / 40,000 = $10.75

Cost of ending inventory = $10.75 x 7000 = $75,250.

Please find attached an image that contains more information. To learn more, please check: https://brainly.com/question/14272486?referrer=searchResults

somebody help me pls

Answers

Answer:

with what do you need help with

Answer:

with what

Explanation:

what

which general staff member negotiates and monitors

Answers

Answer:

The Finance/Administration Section is the General Staff member that negotiates and monitors contracts, maintains documentation for reimbursement, and oversees timekeeping for incident personnel.

QUESTION 4 of 10: When estimating income, it is better to be:
a) A little low
b) A little high
c) Either, it doesn't matter

Answers

Answer:

A, it should be a little low

Hope this help please give the brainliest award.

B) a lil high because you need to be able to have extra money just in case some was to happen.

Which of the following is NOT classified as a day-to-day or personal expense students may have?
O Car loan payments
O Laundry
O Cell phone bills
O Tuition

Answers

Answer:

Laundry

Explanation:Casually, it's not everyday that a student will have the need to pay to/use laundry machines/ products.

Answer:

laundry

Explanation:

you won't need to go and wash laundry every day, can even use a personal washing machine to do laundry

Nordstrom recently launched a new website, www.NordstromSilverScreen, which features fashion information and music videos. It also includes interactive features that allow you to dress a mannequin and play around in an interactive mixing room, where you can create your own music remix while mixing and matching outfits. Nordstrom Silverscreen is an example of :__________

Answers

Answer:  Experience Gives Nordstrom Customers Interactive Video, Fashion, Music and remix of the song by mixing and matching clothes on a mannequin.

Explanation:

________ is a technique used to predict future outcomes based on historical data and analytics techniques.

Answers

Answer:

predictive analytic

Explanation:

predictive analytic is the use of data and machine learning techniques to identify future outcomes based on historical data.

does anyone how how i can get a hold of my own FAFSA records if im under 18?

Answers

Answer:

Log onto the FASFA app, and if you know the info of the person you're looking for or just call Department of Education 1800 621 3115

What is one request a borrower can make of a lender if they know they will never be able to pay their full debt?

A. The borrower can ask for fees and penalties to be eliminated.

B. The borrower can ask for a reduction of the interest rate.

C. The borrower can ask to be absolved of some of the debt.

D. The borrower can ask for the monthly payment to be reduced.​

Answers

The one request a borrower can make of a lender if they know they will never be able to pay their full debt is the borrower can ask for fees and penalties to be eliminated.

What happens if the borrower fails to repay the loan?

A loan is known to be a kind of money that is borrowed for a length of time and it is known to be a non-performing asset (NPA).

When the repayment is  overdue, the lender can seize the asset of the borrower and when a  borrower can make of a lender if they know they will never be able to pay their full debt is the borrower can ask for fees and penalties to be eliminated.

Learn more about a borrower  from

https://brainly.com/question/25599836

Answer:

C. The borrower can ask to be absolved of some of the debt

Explanation:

a logical starting point from which the study of international trade begins is

Answers

The principle of comparative advantage

age-specific approximations of when a certain skill or ability should first occur in normal development are called developmental ________.

Answers

Age-specific approximations of when a certain skill or ability should first occur in normal development are called developmental "Milestone."

In this context, a Milestone is generally defined as a significant period in an individuals' life when progress or substantial advancement is made.

A Milestone could be considered to be any of the following:

Earning a college degree;Leaving parents to stay alone;Getting a job after University;Getting Married;Having a baby after marriage;Rising to the position of a CEO in a company;Retirement from work after an illustrious career, etc.

Hence, in this case, it is concluded that a Milestone is an achievement or point every man should look forward to.

Learn more here: https://brainly.com/question/13263711

Answer: milestones

Explanation:

A DJ wants to analyze market reactions to the new music selections played at his dance last weekend. He advertises his weekly dances using social media and email.
Which would be the most effective way to gather reactions from those who attended the dance?

Focus Groups


Surveys


Personal Interviews


Observation

Answers

Answer: Surveys

Explanation:

The most effective way to gather reactions from those who attended the dance is Surveys. Option B is correct.

What are Surveys?

In order to gather information about a service, product, or process, a surveys are described as the act of looking at a process or questioning a predetermined sample of people. Surveys used to gather data ask a specific set of people about their beliefs, actions, or knowledge.

Surveys are used to collect data or learn more in areas like demography and social research. Survey research is frequently used to evaluate ideas, beliefs, and emotions. Surveys might have narrow, focused objectives or they can have broad, more general objectives.

Thus to analyze market reactions to the new music selections played at DJ dance last weekend surveys are most optimal option here.

Learn more about Surveys refer:

https://brainly.com/question/29365625

#SPJ2

if a manufacturer ships merchandise to a retailer on consignment, the unsold merchandise should be included in the inventory of the

Answers

Answer: manufacturer
I hope this helps

If a manufacturer ships merchandise to a retailer on consignment, the unsold merchandise should be included in the inventory of the manufacturer.

What is the manufacturer?

A manufacturer is a person or business that turns raw materials into finished products using a variety of tools, machinery, and procedures, and then sells those products to consumers, wholesalers, distributors, retailers, or other manufacturers who can use them to make more complicated products.

The economy is enunciated be significantly influenced by manufacturers. Manufacturing has a long history dating back to antiquity. The usual manufacturer, however, was a single skilled artisan with helpers for many centuries. Each craftsperson guarded the methods of production and only taught apprentices. Only manual processes might be used for production.

To learn more about the manufacturer follow the link.

https://brainly.com/question/20306651

#SPJ5

Under the gross method, when the customer pays within the discount period, which of the following accounts is not recorded in the journal entry to record the cash receipt?

Answers

The "cost of good sold" is not recorded in the journal entry to record the cash receipt.

In accounting, the Gross method refers to the method of recording a purchases at the invoice price without any deduction of cash discounts.

Under the journal entry, the purchase are recorded at the invoice amount alone without making account for any discount deduction.

Now, when a customer pays for purchase within the discount period, the accounts that are not recorded in the journal entry is "Cost of goods sold" because it is used only at the time of sales.

The account which are recorded in the journal entry includes Sales, Accounts Receivable and Cash.

Therefore, the account which is not recorded is the "Cost of goods sold".

Learn more about this here

brainly.com/question/14080437

what is the name of the document that tells you what you need to pay on your credit card?

Answers

Answer:

A billing statement, commonly referred to as a bill.

what is the name of the file management application?

Answers

Answer:

Traditional file management applications such as File Explorer — the de facto file manager in Windows — are powerful enough only as far as personal use is concerned. Put simply, they are basic tools designed to help users manage files and folders on local computers.

a company recorded an event that had no affect on total assets, net income, or cash flow. this could have been caused by ______.

Answers

If a company recorded an event that had so effect on assets, income or cash flow, his action could have been caused by writing off an uncollectible account.

A write-off can be described as the removal of an accounts receivable that cannot be collected which was put in the general ledger.

If an account is uncollectible, then it means that the amount that would not be collected would be eliminated. It also means that a previous allowance balance is going to get reduced.

Read more on https://brainly.com/question/23306803?referrer=searchResults

this is the premium that reflects the risk associated with changes in interest rates for a long-term security.

Answers

Answer:

1. Real risk-free rate.

2. Nominal risk free-rate.

3. Inflation premium.

4. Liquidity risk premium.

5. Liquidity risk premium.

6. Maturity risk premium.

Explanation:

As more and more Baby Boomers retire, companies are realizing that they are losing many of their most knowledgeable employees. Which force is impacting them in this situation?
Multiple Choice
A-global
B-human resource
C- poll-regulatory
D- competitive
social

Answers

I think it’s B not 100% for sure

The Force is impacting them in this situation is a social force. Thus the correct answer is E.

What is baby boomers?

A person born between the conclusion of World War II and the middle of the 1960s is referred to as a "baby boomer" because of its importance in the population. Confidence, teamwork, self-happiness, health and wellbeing, employment, and participation are among the basic values of Baby Boomers.

In order to successfully meet the demands of many cultures, marketers closely watch social trends. As social factors alter over time with demographic shifts, we take into account attitudes toward employment and lifestyles.

So when more baby boomers got to retire, companies realize that they are losing many of knowledgeable people who play a crucial role and appeared as a social force in this situation.

Therefore, option E social is appropriate.

Learn more about Baby Boomers, here:

https://brainly.com/question/16302491

#SPJ2

what is the difference between ordered list and unordered list?

Answers

Plz try explaining the question in its full extent so I can try to help. Like what do you mean (“Ordered and Unordered list”)
Other Questions
I need help like Asap and who ever anwer this question i give you a branilest so .Mateo is an artist .He sold three paintings for $523,$278 and $351 .Estimate the total that mateo earned from these paintings . A line passes through the point (0, 1) and has a positive slope. Which of these points could that line NOT pass through? Check all that apply.(12, 3)(2, 5)(3, 1)(1, 15)(5, 2) This rectangle has a perimeter of 40 meters and a length of 12 meters what is its area denota cualquier obra de arte disenada y ubicada en un espacio accesible en cualquier medio cuya forma o significado se crean para el publico en general a travez de un proseso . es un genero artistico espesifico con un discurso profesional y critico propio (g + 4) 3g = 1 + g PLZ HELP AS FAST AS POSSIBLE How did people in Mesopotamia live before city-states were developed?They lived as nomads.They lived as craftsmen in towns.They lived as farmers and herders in communities.They almost all lived as hunters in groups. Please help me with this question (Textbook Numerical Problems 4). The Missing Link Chain-Link Fence Company is trying to determine how many chain-link fabricating machines to buy for its factory. If we define a chain-link fence of some specified length to be equal to one unit of output, the price of a new fabricating machine is 60 units of output, and the price of a one-year-old machine is 51 units of output. These relative prices are expected to be the same in the future. The expected future marginal product of fabricating machines (i.e., MPKf), measured in units of output, is 165-2K, where K is the number of machines in use. There are no taxed of any sort. The real interest rate is 10% per year. (a). What is the user cost of capital? Specify the units in which your answer is measured. Just take points, this website is so weird because of all the reporting and I didn't do any thing Read pp. 3233 in your textbook and consider the image of Dzhokhar Tsarnaev on the cover of Rolling Stone. What risksdoes the image take? What purpose were the editors trying to achieve with these risks? Analyze the image and evaluatewhether the risks achieve the purpose or not. why arent vitamins, minerals, amino acids, and herbal remedies as tightly regulated by the fda as are drugs and food additives? What is an example of a civil service job?pediatricianpolice officerstockbrokerstore clerk Please help me! Please! Which of these is an example of chemical digestion?(a person cutting food into small pieces with a knife)(Bsaliva breaking down molecules in the mouth)(C bones leaching calcium into the bloodstream)(D a blender mixing solid food into a paste) uers embarrassing news stories, stops online meeletes microblog posts it does not like.DING PROGRESS CHECKWhat are the major purposes of a constitution?or Types of GovernmentQUESTION What are the differences between authoritarian aWhat are the major purposes of a constitution? ____ is the state of not sharing information with or being observed by others. Jackson has one dollar bills and dimes in his pocket. The number of one dollar bills is nine more than six times the number of dimes. Let d represent the number of dimes. Write an expression for the number of one dollar bills Someone help plz and plz make sure its right will mark brainiest:) why did hinduism and buddhism form at the same time What happens to the matter we take in?