what is an example of an activity that would be considered a management function for an sec audit client?

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Answer 1

An example of an activity that would be considered a management function for a sec audit client is the designing of a proposal targets whereby SEC auditors are borrowing funds or issuing debt to accumulate working capital."

A management function generally involves making plans and goals about the direction of a firm.

A SEC has to deal with business operations relating to Security and Exchange Commission.

Thus, in this case, it is concluded that an example of a management function of an SEC client in the audit must relate to designing a plan that relates to SEC and the auditing process.

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Related Questions

Do you guys know any specific issues that affect businesses?? If so please name any!!! It’s urgent :)

Answers

political - For example, new legislation

economic - For example, inflation and unemployment

social - Changes in taste and fashion or the increase in spending power of one group, for example, older people

technological - For example, being able to sell goods online or using automation in factories

environmental - For example weather conditions affecting sales or production and growing interest in being ‘green’ , for example by recycling

competitive - The impact of a rival firm which may have a similar product or which may lower its prices.

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molen inc. has an outstanding issue of perpetual preferred stock with an annual dividend of $4.00 per share. if the required return on this preferred stock is 6.5%, then at what price should the stock sell?

Answers

The price at which the stock should sell is $61.54.

Using this formula

Stock selling price=Preferred stock annual dividend/Preferred stock required return

Where:

Preferred stock annual dividend=$4.00 per share

Preferred stock required return=6.5% or  0.065

Let plug in the formula

Stock selling price=$4.00/0.065

Stock selling price=$61.538

Stock selling price=$61.54 (Approximately)

Inconclusion the price at which the stock should sell is $61.54.

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Answer:

$61.54.

           Hope this helps! good luck :)

housing prices boomed from 2002 to 2006, fueling the market for subprime mortgages and forming an asset-price bubble. housing prices began declining in 2006, falling by more than 30%, which led to defaults by subprime mortgage holders.

Answers

Answer:

A

Explanation:

I belive the answer is A due to like ballon loans or smth like that if its wrong lmk!

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The account debited when payment is made for equipment purchased previously on account is
A accounts receivable.
O
B. cash.
C. accounts payable.
D. equipment

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Answer: It is A. Accounts Receivable.

The amount that a vendor charges for goods is known as the

Answers

The price, or fee, is what the vendor charges

The notation is Y = GNP = national income C = consumption I = private investment G = government spending X = exports M = imports T = taxes There is an intimate relationship between a country's BCA and how the country finances its domestic investment and pays for government expenditures. Given this, which of the following is a true statement? Multiple Choice All of the options If (S − I) < 0, it implies that a country's domestic savings is insufficient to finance domestic investment. If (T − G) < 0, it implies that a country's tax revenue is insufficient to finance government spending. When BCA is negative, it implies that government budget deficits and/or part of domestic investment are being finance with foreign-controlled capital.

Answers

The true statement is D. When BCA is negative, it implies that government budget deficits and/or part of domestic investment are being financed with foreign-controlled capital.

The above statement is based on the intimate relationship between a country's Balance of the Current Account (BCA) and how the country finances its domestic investments and pays for government expenditure.

Explanation:

National income = Y = GNP

Consumption = C

Private Investment = I

Government spending = G

Exports = X

Imports = M

Taxes = T

Therefore, the BCA = X-M = (S-1) + (T – G)

Where BCA = Balance of Current Account

Thus, the Balance of the Current Account (BCA) should be positive to avoid deficit-financing of government budgets.

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Sarah is preparing for the baptism of Chris. He bought five dressed chicken weighing 1 3/4, 2 1/8, 1 1/3,1 2/5, and 2 1/2 kilograms each, respectively.What is the total weight of the chicken?

Answers

The total weight of the chicken is 9[tex]\frac{5}{48}[/tex] kg.

The total weight of the chickens can be determined by adding the weights of the five chickens together.

Addition is a basic mathematical operation that is carried out by adding two or more numbers together.

Total weight = [tex]1\frac{3}{4} + 2\frac{1}{8} + 1\frac{1}{3} + 1\frac{2}{5} + 2\frac{1}{2}[/tex]

[tex]7\frac{720 + 120 + 320 + 384 + 480}{960}[/tex]

7 [tex]\frac{2020}{960}[/tex]

9[tex]\frac{5}{48}[/tex] kg

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to maximize economic surplus, keep increasing output as long as

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Answer:Therefore, total surplus is maximized when the price equals the market equilibrium price. In competitive markets, only the most efficient producers will be able to produce a product for less than the market price. Hence, only those sellers will produce a product

Explanation: i no it

For augment economic surplus, continue to increment yield insofar as total surplus is expanded when the cost rises to the market harmony cost.

What is Economic Surplus?

Economic surplus is determined by consolidating the surplus advantage that is capable by the two purchasers and makers in an economic exchange.

Surplus relates to products as well as to monetary components, like benefit, income, and capital. Albeit this probably won't give off an impression of being an issue, something like benefit surpluses prompts expanded charge rates, and that additional duty cash might have been contributed somewhere else.

A surplus of capital focuses to the way that the financial backer, entrepreneur, or pioneer put a lot of cash into the organization or task, considering squandered money to be a normal outcome. In economics, the idea of surplus is generally found in the term spending plan surplus. This ordinarily alludes to situations where state run administrations have supported all their set projects and have cash left over subsequently.

Therefore economies actually take a stab at an economic surplus because of the conviction that overflow is superior to shortage.

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Who uses the FAFSA once you have submitted it?

Answers

Answer:

Once your FAFSA is processed by Federal Student Aid, your SAR is sent to the colleges that you listed on your FAFSA. Each college will use the information on your SAR to determine your eligibility for federa

Answer:

Once your FAFSA is processed by Federal Student Aid, your SAR is sent to the colleges that you listed on your FAFSA. Each college will use the information on your SAR to determine your eligibility for federal and nonfederal student aid.

Explanation:

What is something that quantitative research won't tell you?
A. A company's annual earnings
B. A company's stock performance over the past five years
C. How happy a company's employees are
D. When a company went public

Answers

The findings that quantitative research won't tell you is "When a company went public."

This is because quantitative research measures the situation in value using numbers analysis

Usually, quantitative research analyzes numerical data to conclude.

Options A, B, and C can be measured on numerical scales, in which the conclusion can be reached.

However, option D is just a date; it cannot be analyzed with quantitative research analysis.

Hence, in this case, it is concluded that the correct answer is option D. "When a company went public."

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Answer:

c

Explanation:

took the test

Which of the following is true for the federal government budget each year?​

Answers

The federal government budget each year is considered to run from October 1 of one calendar year through September 30 of the next.

The federal government budget in the United States each covers three major spending categories.

These spending categories include the following:

The federal agency funding: this is often referred to as "discretionary spending."

Interest on the debt: a maximum of 10% of the total funding.

Funding for Social Security: this is often referred to as Mandatory spending. It covers activities like Medicare, veterans benefits, etc.

Hence, in this case, it is concluded that the federal government budget each year is used to run the country's affairs.

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A small publishing company is planning to publish a new book. The production costs will include one-time fixed costs (such as editing) and variable costs (such as printing). There are two production methods it could use. With one method, the one-time fixed costs will total , and the variable costs will be per book. With the other method, the one-time fixed costs will total , and the variable costs will be per book. For how many books produced will the costs from the two methods be the same

Answers

The number of books that will be produced such that the costs from the two methods be the same is 4668 units.

From the complete question, the total cost of the first equation will be:

= 8.25x + 65054

The total cost for the second equation will be:

= 19.50x + 12539

Then, we'll equate both equations together and this will be:

8.25x + 65054 = 19.50x + 12539

Collect like terms

19.50x - 8.25x = 65054 - 12539

11.25x = 52515

Divide both side by 11.25

11.25x/11.25 = 52515/11.25

x = 4668 units.

Therefore, the breakeven unit will be 4668 units.

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In her report about electric cars, Lavonda wants to use information to substantiate her theory that they are helping the environment. What would be the BEST source to cite?
- Exxon gas press release
- Elon Musk’s annual report
✅EPA air quality statistics
- Lavonda’s cousin who owns an electric car

Answers

Elon musks annual report. It makes the most sense.

Which loan should Eric choose? Why? Explain your reasoning in a complete paragraph, using at least three supporting details. (10 points)

Answers

The loan that should be chosen is the one that will yield the lowest return.

This is an incomplete question, therefore, an overview of a loan will be given. A loan simply means the lending of money to people or an organization. It should be noted that the recipient of a loan incurs a debt.

When comparing the different types of loans, it's important to choose the shortest loan term that is available. This is because one will pay a lower overall level of interest. It's also important to consider the annual yield return.

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Which account will have the highest annual percentage yield (APY)?

A. One that is compounded yearly.

B. One with simple interest that is calculated monthly.

C. One with simple interest that is calculated yearly.

D. One that is compounded monthly.

Answers

The account that will have the highest annual percentage yield (APY) is the "One that is compounded monthly."

This is because, generally, the compound interest account earns more money than a simple interest account.

This is because, in a compound interest account, you not only earn interest on your original money, you also earn interest on the profit you earned or accumulated.

Hence, given that the regular or frequently your money and profits increase or compound, the higher your whole account would increase at the end of the year.

Therefore, in this case, it is concluded that the account compounded monthly will have the highest annual percentage yield (APY) because the whole money is multiplied frequently or monthly.

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Delectable, Inc.'s unadjusted trial balance includes Accounts Receivable of $10,000; Allowance for Doubtful Accounts of $50 credit balance; and Sales Revenue of $100,000 (all on credit). Management estimates that 2% of credit sales will be uncollectible. Delectable's financial statements will show ______. (Check all that apply.)

Answers

Delectable's financial statements will show Allowance for Doubtful Accounts of $1,000 on balance sheet and Bad debts expense of $950 on Income statement

Here, we are to determine the records of bad debts expenses on Income statement and Allowance for doubtful accounts on Balance sheet.

Bad debts expense = Estimated bad debts - credit balance in allowance account

Bad debts expense = $1,000 - $50

Bad debts expense = $950

                            Journal Entry

General journal                                  Debit   Credit

Bad debts expense                            $950

Allowance for Doubtful accounts                   $950

(Bad debts expense recorded)

The allowance for doubtful account will be $1,000. ($950+$10) because the Allowance for Doubtful Accounts had $50 credit balance.

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Your class has 14 male and 17 female
students. What fraction of your class is
female?

Answers

The fraction you would get would be 17 over 31

what is the term for a group of project activities that are assigned to a single organizational unit?

Answers

Product-service bundling is adding Value-added services to a firm's product offerings to create more value for the customer.

companies with an online presence sometimes send direct mail to customers to advertise sales. the direct marketing association has a website where consumers can state their preferences for what types of mail they do and do not wish to receive. this is an example of ___.

Answers

Companies are companies

By the end of the nineteenth century, the United States banking system transitioned from

Answers

By the end of the nineteenth century, the United States banking system transitioned from bimettalism to flat greenback currency.

Bimetallism involves the use of gold and silver as a form of legal tender. The worth of the quantity of the gold and silver is usually presented as a form of exchange to buy the equivalent of the goods and services.

The change was done close to the civil war and this helped to stabilize the economy as the silver coinage was exempted thereby giving rise to displeasure of people who had Silver. The aim of this change was achieved as inflation was stopped.

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sadiya, who owns a dance studio, consistently reminds her employees that dance lessons are a luxury for customers, so they should be both informative and fun. by making these statements, sadiya is

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When Sadiya makes statements to her employees about the characteristics of dance classes, which should be informative and fun, she is explicitly stating values ​​and norms preferred by her organization.

As the owner of the dance studio, she manages and coordinates her collaborators for the institution of organizational culture focused on the studio's vision, mission and values.

An organization focused on offering a differentiated and quality service to the customer will increase its value, positioning and competitiveness.

Therefore, through her services, Sadiya aims to generate value to her customers through informative and fun dance classes, increasing the loyalty and success of her business.

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dallas buys strawberries, and he would be willing to pay more than he now pays. suppose that dallas has a change in his tastes such that he values strawberries more than before. if the market price is the same as before, then:

Answers

Answer:

the correct answer is b. Dallas's consumer surplus would increase

Explanation:

Dallas buys strawberries, and he would be willing to pay more than he now pays. He has a change in his tastes such that he values strawberries more than before. If the market price is the same as before, then Dallas's consumer surplus would increase.

which of the following is an example of capital loss

a) an investor sells a bond on the secondary market above the price she paid for it

b) an investor purchases a bond on the secondary market below its issue price

c) an investor purchases a bond on the secondary market above its issue price

d) an investor sells a bond on the secondary market below the price she paid for it

Answers

Answer:

An investor sells a bond on the secondary market below the price she paid for it.

Explanation:

An example of Capital loss is when an investor sells a bond on the secondary market below the price she paid for it, then she has realized capital loss

Capital loss describes the loss incurred when the capital asset (i.e. investment, real estate) decreases in value.

A typical capital loss is realized when the asset is been sold for the lower amount than the original purchase price.

Therefore, the Option D is correct because when an investor sells a bond on the secondary market below the price she paid for it, then she has realized capital loss

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What is advertising?

Answers

Explanation:

the activity or profession of producing advertisements for commercial products or services.

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Which of the following is a lasting impact resulting from 20th-century banking reforms in the United States

Answers

The lasting impact resulting from 20th-century banking reforms in the United States is "the reforms approved the Board to determine reserve requirements and interest rates for deposits at member bank."

The banking reforms made in the 20th century in the United States are many, and many of these reforms are still applicable today.

Some of the lasting effects of these reforms include the following:

The Board of Governors to determine the monetary policy.

The reforms established the Federal Deposit Insurance Corporation.

The reforms also separate commercial banks from investment banks.

Hence, in this case, it is concluded that the many banking reforms made in the 20th century still exist today.

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Answer: Depositer funds are insured against potential loss in the event of a bank failure.

Explanation:

The FDIC enacted the Banking Act of 1935 which persists to today. This act protects depositors from possibility of financial loss. Your funds are legally guaranteed and protected by the government. This insurance protects the likelihood of a bank run, because most depositor funds will not be lost due to the insolvency of any individual firm; it is a fixture of the modern banking system.

Walmart is the biggest seller of raw chicken to the top 10 fast food chains in the United States. Walmart
purchases all its raw chicken from Germany. The United States is upset with Germany for Human Rights
Violations and has created___________
thus preventing Walmart from purchasing any products,
including raw chicken from Germany,
A.Embargo
B.Globalization
C.Absolute Advantage

Answers

Answer: Embargo

Explanation:

Look the definition up. It’s where you stop trade from another country I believe

Embargo, I’m pretty sure. I hope you get it right.

Question Mode Multiple Choice Question In a ______, members of the channel pursue their own goals and maximize their own profits, regardless of the effect on other channel members. Multiple choice question. corporate vertical marketing system conventional marketing channel strategic relationship JIT system

Answers

Answer:

b. Warehouses

c. Stores

Which is an example of ethical investing?
A. Michael invests in a company because its financials are solid.
B. Liam puts money into a mutual fund that produces steady returns.
C. Erin invests in a company because of its commitment to the
environment.
D. Kaori sells her shares in a company because she needs the
canital

Answers

Answer:

C

Explanation:

C. Erin invests in a company because of its commitment to theenvironment.

which one of the following is a primary market transaction?

Answers

Correct answer: A dealer buying newly-issued shares of stock from a corporation.

Invest in what you know than what you don’t know:

I need 3-4 sentences on this PLEASE HELP ME

Answers

If you don’t know anything about the stock market then it wouldn’t be smart to start investing a lot of money into right? Going into an investment clueless will only set you up for failure. Investing in things you do know is more likely to have a better outcome

I pulled this out my ašš hope it helps :)
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