What are the actions an auditor would take if the management refuses to provide a letter of representation?

ABC Corporation issues 1,000 shares of $10 par value common stock at $12 per share. In recording the transaction, increases are recorded to A : Common Stock $10,000 and Preferred Stock $2,000. B : Common Stock $10,000 and Retained Earnings $2,000.

From her annual salary of $72,000, Kierstan has $5,700 automatically deducted for insurance on an annual basis. Additionally, $9,000 is deducted each year in taxes.

lord penrose a financial analyst for the equitable life insurance society has just been asked to evaluate two mutually exclusive project schemes: one of them offering a fixed guarantee annuity rate.

Which of the following could explain why a business might choose to operate as a corporation rather than as a sole proprietorship or a partnership? a. Corporations generally face fewer reporting and filing regulations b.

Plant assets are: A. Held for sale. B. Tangible assets used in the operation of business that have a useful life of less than one accounting period. C.

Total government spending (federal, state, and local) sums to approximately: a. one-half of the U. S. economy. b. 40 percent of the U. S. economy. c. 20 percent of the U. S. economy. d. 10 percent of the U. S. economy.

Suppose that you were going to conduct a survey of visitors to your campus. you want the survey to be as representative as possible. a. how would you select the people to survey? b. why would that be your best method?

All of the following would cause the aggregate demand curve to shift except A. decreaseddecreased security about jobs and future income. B. a decreasea decrease in taxes. C. price level changes. D.

Financial literacy refers to: a) How well you manage the financial stressors in your life. b) How well you understand and use personal finance information. c) How well you score on standardized measures of personal finance.

Debbie is a Financial Planner and charges her clients on a commission basis. For a particular month, Debbie makes three deals of $40,000. If she charges 1% commission for each deal, what will be her commission for the month?