assume that an auditor makes an agreement with a client that the audit fee will be contingent upon the number of days required to complete the engagement. is this a violation of the aicpa code of professional conduct​? what is the essence of the rule of professional conduct dealing with contingent​ fees, and what are the reasons for the​ rule? question content area bottom part 1 a. ​no, any contingent fee is allowed through the code of professional conduct provided it is clearly written in the engagement letter. the contingent fees rule states that contingent fees are allowed for audit fee arrangements because this allows the audit firm and the client to have a greater working relationship. b. ​yes, an audit fee contingent upon the number of days required to complete an engagement is in violation of the contingent fees rule. it states that contingent fees are only allowed for nonattestion services that are performed for​ non-audit clients. this adheres to the independence between the audit firm and the client. c. ​yes, no contingent fees are allowed regardless if the fee is based upon the amount of time it takes to complete the​ audit, or if the fee is contingent upon an opinion. the contingent fees rule prohibits all form of contingent fees when dealing with the relationship between audit firms and clients to ensure the auditors remain independent upon the outcome of the financial statements. d. ​no, a fee based upon the amount of time it takes to complete an engagement is not a violation. the contingent fees rule prohibits an agreement whereby no fee will be charged for clients receiving assertion opinions unless a specific finding or result is​ attained, or where the fee is otherwise contingent upon the findings or results of such services. the purpose of the rule is to prevent sacrificing the quality of audits because of the pressure felt by the auditor in producing the required audit outcome.

Answers

Answer 1

The correct answer will be (d), audit fee will be contingent upon no. of days required to complete engagement and is not violation of AICPA code of professional conduct.

So, when an auditor enters into an agreement with client in that case A fee based upon the amount of time it takes to complete is not a violation of the contingent fees rule, which states that professional services for clients receiving assertion opinions shall not be offered or rendered under an agreement whereby no fee will be charged unless a specific finding or result is attained, or where the fee is otherwise contingent upon the findings or results of such services.

The purpose of the rule is to prevent sacrificing the quality of audits because of the pressure felt by the auditor in producing the required audit outcome. An example would be the fee being dependent upon the issuance of an unmodified opinion or the obtaining of a loan by a client.

Learn more about auditor here:

https://brainly.com/question/28457117

#SPJ4


Related Questions

owns a catering business, and he has put all his savings into running this business. during the busy holiday season, he realizes that he needs short-term help financing the business' operations, so he goes to the bank to request $25,000. the bank agrees to lend mauricio this amount of money. what type of bank loans does this scenario best describe?

Answers

The type of bank loan that best describes this scenario is

an unsecured loana secured loana trade credita certificate of deposita line of credit

Bank loans can be described as an amount of money loaned at interest by a bank to a borrower, usually on collateral security, for a certain period of time. Bank loans also can be described as a common form of finance, like trade credit and overdraft facilities.

Bank loans can be divided into several types, such as:

Personal Loan.Gold Loan.Rental Deposit Loan.Loan Against Property.Two & Three Wheeler Loan.Business Loan.Home Loan.Personal Loan for Self-employed Individuals.

Learn more about bank loans here https://brainly.com/question/28234496

#SPJ4

on january 2, 2018, moser, inc., purchased equipment for $100,000. the equipment was expected to have a $10,000 salvage value at the end of its estimated six-year useful life. straight-line depreciation has been recorded. before adjusting the accounts for 2022, moser decided that the useful life of the equipment should be extended by three years and the salvage value decreased to $8,000.

Answers

A) Debit Depreciation expense of $6,400

   Credit Accumulated depreciation $6,400

B) The book value is  $33,600.

A non-cash business expense called depreciation is assessed throughout the time that an asset is valuable to your company. By removing the cost of using up a portion of an asset's worth from taxable revenue, every organization can benefit from depreciation.

A) Debit Depreciation expenses-Equipment $6,400  

Credit Accumulated Depreciation-Equipment  $6,400

(To record  depreciation expense )

Depreciation =($100,000 - $10,000) / 6 years

Depreciation=$15,000

Carrying value of equipment =$100,000 - ($15,000×4)

Carrying value of equipment =$40,000

Remaining revised useful life =9 years - 4 years

Remaining revised useful life=5 years

Revised Depreciation on equipment =($40,000 - $8,000) / 5 years

Revised Depreciation on equipment =$6,400

B) Book value of equipment

Book value =$40,000 - $6,400

Book value=$33,600

To know more about Depreciation refer to: https://brainly.com/question/14861580

#SPJ4

The complete question is:

On January 2, 2018, Moser, Inc., purchased equipment for $100,000. The equipment was expected to have a $10,000 salvage value at the end of its estimated six-year useful life. Straight-line depreciation has been recorded. Before adjusting the accounts for 2022, Moser decided that the useful life of the equipment should be extended by three years and the salvage value decreased to $8,000.

a. Prepare a journal entry to record the depreciation expense on the equipment for 2019. Round your answer to the nearest dollar.

b. What is the book value of the equipment at the end of 2019 (after recording the depreciation expense for 2019)?

ter visiting several automobile dealerships, Richard selects the car he wants. He likes its $13,000 price, but financing through the dealer is no bargain. He has $2,600 cash for a down payment, so he needs a loan of $10,400. In shopping at several banks for an installment loan, he learns that interest on most automobile loans is quoted at add-on rates. That is, during the life of the loan, interest is paid on the full amount borrowed even though a portion of the principal has been paid back. Richard borrows $10,400 for a period of four years at an add-on interest rate of 8 percent.

Answers

APR = 21.55%

- I = Prt

- I = (8000)(.11)(4) = 3520

- Total Cost = Down Payment + Principal Borrowed + Interest

- Total Cost = 2000 + 8000 + 3520 = 13520

- Monthly Payment = (Principal Borrowed + Total interest) / Total number of payments

- Monthly Payment = (8000 + 3520) / 48

- APR= (2 × n × I) / [P × (N + 1)]

where:

N= Total number of payments

- APR = (2 × 12 × 3520) / [8000 × (48+1)] = 21.55%

To know more about APR refer to  https://brainly.com/question/24703884

#SPJ1

Annual percentage rate is 21.55%.

Simple Interest(I) = Principle ×rate× time/100

Principle = $8000

Rate = 11%

time = 4 years.

I = (8000)(.11)(4) = 3520

Total Cost = Down Payment + Principal Borrowed + Interest

Total Cost = 2000 + 8000 + 3520 = 13520

Monthly Payment = (Principal Borrowed + Total interest) / Total number of payments

Monthly Payment = (8000 + 3520) / 48

Annual percentage rate = (2 × n × I) / [P × (N + 1)]

where:

N= Total number of payments = 48

I = interest = $3520

P = principle = $8000

Annual percentage rate = (2 × 12 × 3520) / [8000 × (48+1)] = 21.55%

To know more about Annual percentage rate refer to the link given below:

brainly.com/question/24703884

#SPJ1

the process of determining whether there are any protected class groups whose proportion in a given job category within a company is substantially different from their proportion in the relevant labor market is called:

Answers

The process of determining whether there are any protected class groups whose proportion in a given job category within a company is substantially different from their proportion in the relevant labor market is called utilization analysis.

An investigation of a workforce's demographics is known as a utilization analysis, also known as a workforce utilization review. The goal is to determine if a business employs a certain groups (such as women, minorities, etc.) at a rate that is consistent with the availability of the workforce or not (the estimated number of people in designated groups who are available for work).  

Utilization analysis is crucial because it guarantees employees and certain groups equitable access to and access to opportunities. Not to mention, it motivates businesses to maintain their diversity and inclusion initiatives in accordance with the laws and guidelines overseen by the Equal Employment Opportunity Commission (EEOC).

Learn more about Equal Employment Opportunity Commission here:

https://brainly.com/question/10557638

#SPJ1

the third purpose of government regulation is to​ . question content area bottom part 1 a. punish companies for unlawful behavior b. regulate and constrain companies c. protect consumers from unfair international trade d. protect companies from each other e. protect the interests of society against unrestrained business practices

Answers

The third purpose of government regulation is to​  protect the interests of society against unrestrained business practices.

What is meant by government regulations?


This is the term tat is used to refer to all of the ways that the government of a nation would have to conduct the market that is in an area. That is the rules and the regulations that the government of a place would put so as to take care of the market situation and businesses in the area.

There are several reasons why the government of a place would have to carry out regulations. The reasons are:

In order to prevent monopoly in the areaTo take care of all international businessesTo protect the interests of the people so that they do not encounter bad practices.To regulate the companiesTop protect the people from the international practices that are seen to be unfair.

Therefore we would conclude by saying that the third purpose that the government of a nation would have is to protect the interest of the people of the nation.

Read more on government regulations here:

https://brainly.com/question/17084491

#SPJ1

Which of the following factors do businesses consider

Answers

Meanwhile, productivity rose as a result of new technology. What will be the businesses economy's most likely short-term factors effects. A higher output level and an unspecified price level emerge from a rightward shift.

In both the short-run aggregate supply (SRAS) and aggregate demand (AD) curves. The SRAS curve shifts to the left as the price factors of these inputs rises, indicating that, at each level of output price, a higher input price will discourage production because it will make it more difficult to turn a businesses profit. The real wage rate declines and employment rises when the price level rises and the money wage rate remains constant.

To learn more about businesses, click here.

https://brainly.com/question/15826771

#SPJ1

The minimum wage in California is higher than required by law and should remain at its current level or increase! Do you agree with this statement? Why or why not?

Answers

The minimum wage in California is higher than required by law and should remain at its current level or increase. I agree with this statement why because according to the minimum wage law, the rate of adjustment must be equal to 50 cents (3.5% of $15), which is less than the inflation rate, which was 7.9% during the relevant period. Employees who are now paid at or close to the state minimum wage will not be the only ones impacted by the change in the minimum wage rate.

In response to inflation, Gov. Gavin Newsom predicted on Thursday that California's minimum wage would likely increase to $15.50 an hour in January. Some corporate executives have said that they are trying to keep up with escalating prices and cannot afford an additional 50 cents per hour. According to labor groups, the hike is required to counteract growing prices. From the agricultural regions to almost every industry, California leads the country in the demand for higher minimum wages.

The California Legislature, as well as federal and state courts, has placed a lot of emphasis on raising salaries, so companies there could expect a bigger salary increase than usual in 2019. By January 1, 2023, the Golden State's minimum wage was intended to be $15 per hour for all employers. However, Governor Gavin Newsom has predicted that owing to record-high inflation, the rate will jump to $15.50.

Learn to know more about minimum wage on

https://brainly.com/question/18608680

#SPJ1

lauryn’s doll co. had ebit last year of $45 million, which is net of a depreciation expense of $4.5 million. in addition, lauryn’s made $4.25 million in capital expenditures and increased net working capital by $4.1 million. assume that lauryn’s has a reported equity beta of 1.5, a debt-to-equity ratio of .3, and a tax rate of 21 percent. what is lauryn’s fcf for the year?(do not round intermediate calculations. enter your answer in millions rounded to 2 decimal places.)

Answers

If Lauryn's has a reported equity beta of 1.5, a debt-to-equity ratio of .3, and a tax rate of 21 percent.. The Free Cash Flow (FCF) of Lauryn's for the year is 20.45

FCF = (EBIT -Depreciation)× ( 1- Tax rate) + Depreciation - Capital expenditure - Working Capital investment = (45 -4.5 ) × ( 1 - 40%) + 4.5 - 4.25 -4.1 = 20.45

Beta Asset = Beta Equity /( 1 + (1-tax rate)×D/E) = 1.5/( 1 + ( 1-40%)× 0.3) = 1.2712

According To Capm WACC = Risk free rate + Betaasset × Market Risk Premium = 4% + 1.2712 × 12% = 19.2544%

Value of The firm = FCFF × ( 1+growth)/(Return - Growth) = 20.45 × 1.02/(19.2544% - 2%) = 120.89 million

Free cash flow (FCF) is the money a business makes after subtracting the cash it must spend to run its business and maintain its capital assets. Or to put it another way, free cash flow is the money that remains after a business pays its operating expenses (OpEx) and capital expenditures (CapEx).A corporation may do whatever it wants with FCF, which is the money that is left over after paying for expenses like labor, rent, and taxes. A company's cash management will be aided by knowing how to compute and analyze free cash flow. Investors can improve their investment choices by using the FCF calculation to get insight into a company's financials.

Learn more about Free cash flow (FCF), here

https://brainly.com/question/16852008

#SPJ4

on january 2, 2021, germane, inc. bought 30% of the outstanding common stock of quality, inc. for $56 million cash. at the date of acquisition of the stock, quality’s net assets had a book value and fair value of $120 million. quality’s net income for the year ended december 31, 2021, was $30 million. during 2021, quality declared and paid cash dividends of $10 million. on december 31, 2021, germane’s should report investment revenue of:

Answers

After all the transactions Germane inc. should report investment revenue of $9 Million.

As on January 2 2021 Germane inc. bought 30% of the outstanding common stock, qualities net income for year ended Dec 31 2021 was $30 million. On december 31, 2021, Germane should report investment revenue of 30% × $30 million = $9 million.

Investment revenues are the earnings from invested capital. Typically, this is the interest or dividends received on debt or equity securities. When compared to the revenues produced by a business's activities, investment income are typically seen as incidental revenues, and as such, they are kept separate in a separate account.

Learn more about Investment revenues here:

https://brainly.com/question/13185526

#SPJ4

beginning inventory was $5,000. during the month, the company purchased an additional $25,000 of inventory. at the end of the month, ending inventory was $10,000. cost of goods sold equals .

Answers

Beginning inventory was $5,000. during the month, the company purchased an additional $25,000 of inventory and sold goods that cost $20,000.

Ending inventory was

value of goods sold=beginning inventory+Purchases-ending inventory

20000=5000+25000-finishing stock

finishing inventory=(5000+25000-20000)

=$10000.

The 4 maximum normally used inventory kinds are uncooked materials, paintings in the process (WIP), finished goods, upkeep, repairs and overhauls (MRO). knowing the nature of your inventory will help you manipulate your stock better and smarter.

suppose a state passes a minimum wage law that increases the minimum wage from $5/hour to $20/hour. the equilibrium wage prior to the minimum wage hike was $10/hour. quizlet

Answers

Some employers and workers will agree on a wage less than $20 and not report the wages to the government, or the black market.

Paid on an hourly basis, earnings for wage workers are determined by the number of hours worked during the pay period. Regardless of the number of hours they worked within a pay period, salaried employees receive a certain sum. As a result of reduced "decision fatigue" and improved physical and mental health, greater pay has been linked by economists to increased productivity.

The term "black market" refers to illegal trading that occurs in secrecy or under cover of darkness. Black market trade is an entire sector of an economy that cannot be precisely assessed since it takes place "off the books," so to speak.

To know more about Black market refer to: https://brainly.com/question/9056002

#SPJ4

Business markets differ in many ways from consumer markets. The main differences are in​ ________, __________, and​ __________.

Answers

Business markets differ in many ways from consumer markets. The main differences are in Market structure and​ demand, the nature of the buying​ unit, and the types of decisions and the decision process involved.

The term "consumer markets" refers to a market where people acquire goods or services for their own use rather than to resell. Products that individuals use on a daily basis make up the majority of the goods sold in consumer markets. Using a business markets is a strategy used by a corporation to offer goods or services to a certain clientele. Business markets frequently enable transactions between businesses when one intends to reuse or resell the goods or services of another. There are several attributes of a consumer market. Age, gender, occupation, household income, and race are examples of demographic factors. Population density, region, and climate are examples of geographic characteristics.

Learn more about Business markets here :

https://brainly.com/question/4129536

#SPJ4

In which market would a producer sell bicycles to consumers?

Answers

In the markets for goods and services, a producer would sell his bike for purchase by customers.

What is the market for goods and services?

Consumers buy consumables on the products and services market, and firms sell their commodities there. The market encompasses physical stores, the Internet, and any other location where consumers can exchange products and services.

The trading of finished goods takes place here. Businesses receive payment from customers in exchange for goods. The consumer gives money to the business in a flow. In contrast to this, enterprises can buy the materials they need on the factor market to make an item.

The rule of supply and demand governs how much is produced and at what price in the market for products and services.

Learn more about the goods and services market, from:

brainly.com/question/17078982

#SPJ1

cameron corp. started business in 2016 and uses the fifo method. during 2016, it purchased 45,000 units of inventory at €10 each and sold 40,000 units for €20 each. in 2017, it purchased another 50,000 units at €11 each and sold 45,000 units at €22 each. its 2017 ending inventory balance (€ thousands) was closest to:

Answers

Since the beginning inventory of the company in 2016 is €0, its ending inventory balance in 2017 is  €110,000

The formula of Ending Inventory is given by:

Ending Inventory = Beginning Inventory + Net Purchases – COGS

COGS = cost of good sales

FIFO is "first in first out" method which means the first item to be sold is the one that is purchased first.

Information from the problem:

Year 2016.

Beginning Inventory = €0

Purchases = 45,000 units × €10 = €450,000

COGS = 40,000 units × €10 = €400,000

Ending inventory = €450,000 - €400,000 = €50,000

There remaining 5,000 units at the end of 2016.

Year 2017

Beginning Inventory = €50,000

Purchases = 50,000 units × €11 = €550,000

COGS = (5,000 units × €10) +  (40,000 units × €11)  = €490,000

Ending inventory = €50,000 + €550,000 - €490,000 = €110,000

Hence, at the end of 2017 in the inventory, there are remaining 10,000 unit at €11 each and worth for  €110,000

Learn more about ending inventory here:

https://brainly.com/question/25887081

#SPJ4

transaction account name debit credit 1. accounts receivable 7,400 service revenue 7,400 2. supplies 1,800 accounts payable 1,800 3. cash 9,200 accounts receivable 9,200 4. advertising expense 1,200 cash 1,200 5. accounts payable 2,700 cash 2,700 6. cash 1,000 deferred revenue 1,000

Answers

The journal entry are following given the balance of each item at beginning and transaction in the accounting year.

Journal entries of transaction are given here:

Cash account-

Balance b/f dr. ($2100)

account receivable dr. ($9,200)

deferred revenue dr. ($1,000)

   To Advertising expenses ($1200)

    To accounts payable (4$2,700)

    To Balance c/d ($8,400)

Accounts receivable:

Balance b/f dr. ($3,200)

service revenue dr. ($7,400)

    To cash ($9,200)

    To balance b/d ($1400)

Service revenue:

Balance b/f dr. ($7,400)

   To accounts receivable ($7,400)

Accounts payable:

Balance b/f dr. ($2,500)

cash dr. ($2,700)

   To supplies ($1,800)

    To balance c/d ($3,400)

Deferred revenue:

Balance b/d dr. ($200)

         to cash ($1000)

          to balance c/d ($1,000)

Advertising Expense:

Cash a/c dr. (1,200)

 To balance c/d ($1,200)

Learn more about journal entries of transactions here:

https://brainly.com/question/21306546

#SPJ4

 

when comparing the adjusting process under the perpetual and the periodic inventory systems, a.the ending inventory is determined by a physical count under both systems. b.no entry is made for estimated returns inventory under the periodic inventory system. c.the cost of goods sold account is reduced by the cost of estimated returns inventory for the current year under the perpetual inventory system. d.the inventory shrinkage adjustment is the same under both systems.

Answers

The ending inventory is determined by a physical count under both systems, comparing the adjustment procedure under the perpetual and periodic inventory methods.

The process of tracking stock, suppliers, and sales along the full supply chain is known as an inventory system. Companies utilize inventory systems to make sure they are aware of exactly what products are on hand and where they are. To assist businesses in organizing and keeping track of their stock, inventory methods give accurate records of new and returned goods as they enter or leave the warehouse. Additionally, they perpetual can keep track of information about the quantity sold, the cost per unit, the serial number, the lot number, the dates of purchase and manufacturing.

A company's ability to accurately manage and track  perpetual their inventory with the aid of inventory management systems can help avoid overstocking or understocking of their products.

Learn more about inventory system here

https://brainly.com/question/15432296

#SPJ4

a firm should accept independent projects if? a. the pi (profitability index) is < 1. b. the npv (net present value) is > 0. c. the irr (internal rate of return) is < wacc (weighed average cost of capital). d. the discounted payback is greater than the payback.

Answers

Firms should accept independent projects if b. the NPV (net present value) is > 0.

When should a company accept independent projects?

There are several criteria that a company should look into when they want to accept independent project and one of them is the Net Present Value or NPV.

The Net Present Value shows the present value of the cash inflows to the company as a result of the project, less the cash outflows and original investment into the project. If the Net Present Value for both projects is greater than 0, then the independent projects should both be chosen.

Find out more on independent projects at https://brainly.com/question/28389995

#SPJ1

unilever reduced the number of popsicles in each package from 24 to 20 without changing the package price. the tactic unilever is using here is called multiple choice market modification. product extension. rebranding. trading up. shrinkflation.

Answers

As Unilever firm has reduced the number of popsicles in each package from 24 to 20 without changing the package price, the tactic that the firm is using here is called a shrinkflation.

What is known as shrinkflation in marketing?

Basically, a shrinkflation refers to the reduction in the size of a product in response to rising production costs or market competition. The practice involves the reduction of the size of a product while maintaining its sticker price. By raising the price per given amount is a strategy employed by companies to stealthily boost profit margins or maintain them in the face of rising input costs.

Furthermore, the strategy is often referred to as package downsizing in business and academic research. The less common usage of this term may refer to a macroeconomic situation where the economy is contracting while also experiencing a rising price level. Therefore, rather than the firm increasing the price of a product, its simply offers a smaller package for the same sticker price.

Read more about marketing

brainly.com/question/25369230

#SPJ1

consider a customer service office that handles customers' requests. the arrival rate of customers is 100 customers per hour. the office has a processing capacity of 50 customers per hour. the office opens at 7 am and closes at 6:00 pm.

Answers

The average number of arrivals during an average service period is also reflected in the relationship between customer arrival rate and customer service rate, x = a/h.

The percentage of time the  customer server is busy can also be shown to be represented by this formula. Simply said, the arrival rate is the number of arrivals within a certain period of time (e.g., per hour, day etc.). The formula arrival rate = 1/inter-arrival time can be used to calculate it. What is the likelihood that a customer will stay in the bank longer than 15 minutes? P(X>15) = e –15λ = e –3/2 . service  According to Little's Law, the average length of a line (L) is equal to the sum of the system's throughput times the amount of time people spend waiting in line (W) (Lambda). So, L is equal to Lambda*W.

We are aware that our relationship is sinusoidal, with minimal values at 9:00 am and 9:00 pm.

The maximum time, at 3:00 pm, is at t = 6 hours if we define 9:00 am as our t = 0.

the second minimum, service which occurs at 9:00 p.m., is at t = 12 hours.

The next step is to identify a trigonometric function that is minimum at time t = 0, which can be done as follows: customer

-Cos(c*t)

when t = 0

-cos(0) = - 1

there comes a purpose:

A*cos(c*t) = -C(t) + B

the constants A, c, and B.

Knowing that we have no clients at time t = 0 and a maximum of 875 customers at time t = 6h.

then: C(0) = 0 = -A + B

Consequently, A = B.

Learn more about service hear :

https://brainly.com/question/16203632

#SPJ4

assume that investment does not depend on the interest rate. a reduction in the money supply will cause which of the following for this economy? a) no change in the interest rate b) no change in output c) a reduction in investment d) an increase in investment

Answers

If money supply gets reduced in the economy, it will cause a reduction in the investment because there will be lower amount of money in the hands of people. So, the correct answer is (c).

The total amount of money and other liquid assets in an economy on the measurement date is termed as the money supply. Both cash and savings that can be obtained virtually as readily as cash are generally comprised of the money supply.

Through a mix of their central banks and treasuries, governments issue coin and printed money. By setting reserve holding limits on banks, regulating how to extend credit, and managing other money problems, banking institutions have an influence on the amount of money supply with the general people. Higher money supply in economy leads to higher investment whereas, lower money supply will cause lower investment.

Learn more about money supply here:

https://brainly.com/question/28891105

#SPJ4

Jasper takes a lot of short videos for his job as an HR trainer. What is one reason he might want to store the video files on an external hard drive? A. Files stored on hard drives are easier to share. B. The files are large and slow down his computer. C. He can just hand his hard drive to any employee who needs training. D. The files could give his computer a virus.

Answers

Answer:

B, the files are large and slow down his computer.

Explanation:

Yes, files tored on ahrd drives are easier to share, but with technology nowadays, this isn;t all true. As for C, why would he hand it to someone in training, thats debunked there. For D, yes this could happen but it's not common especially if they're work files. B is correct because these files take up space on the computer and when the computer runs so many things in the baground, it runs slower. It's not good to have so many files clouding the things on the computer.

One reason he might want to keep the video files on an external hard drive is that they are large and will slow down his computer.

What is external hard drive?An external hard drive is a portable storage device that can be connected to a computer via USB, FireWire, or wirelessly. External hard drives have large storage capacities and are frequently used to backup computers or as a network drive. This was most recently updated in October 2012. External hard drives vary in storage capacity, but they all connect to a computer via USB, FireWire, eSATA, or wirelessly. External hard drives are also known as portable hard drives. A flash drive is a popular and extremely portable type of external hard drive. The primary distinction between an internal and external hard drive is location.

To learn more about external hard drive, refer to:

https://brainly.com/question/26382243

#SPJ2

the premium on a pound put option is $.03 per unit. the exercise price is $1.60. the break-even point is for the buyer of the put, and for the seller of the put. (assume zero transactions costs and that the buyer and seller of the put option are speculators.) a. none of these are correct. b. $1.63; $1.60 c. $1.57; $1.63 d. $1.63; $1.63 e. $1.63; $1.57

Answers

The break even points for the buyer and seller are $1.63 and $1.57 respectively.The break-even point for your small business is essentially the moment at which total costs and total revenues are equal; there is simply no loss or gain.

On the other hand, you have now reached the point in production where a product’s sales are equal to its production costs.

Exercise cost plus premium = break-even point Buyers’ break-even point is 1.60 + 0.03 = $1.63.Calculating the seller’s break event point:Breakeven point is equal to exercise price minus premium (1.60-0.03 = $1.57).Seller’s break-even point is $1.57.Revenues for a product are equivalent to production.

Exercise cost plus premium = break-even point buyers’ break-even threshold is 1.60 plus 0.03 calculation of seller’s break event point: = $1.63 breakeven point is equal to exercise price minus premium (1.60-0.03 = $1.57).An owner is defined by the BEP as having the revenue necessary to pay for all costs, including fixed costs. If properly applied, the BEP could reduce expenditures.Controlling fixed costs and recognizing when to expect future increases in fixed costs.

To know more about Break even point visit:

https://brainly.com/question/28811194

#SPJ4

notices in her neighborhood promising to pay $1,000 for the return of her missing dog, jagger. seeing the notice, selena finds the missing dog and returns it to halsey. what type of contract is this?

Answers

This contract is an example of a unilateral contract.

What is contract?
A contract is an enforceable legal arrangement that establishes, details, and regulates the rights and obligations of the parties. The exchange of goods, services, money, or even a promise to transmit any of those at a later time are common components of contracts. The injured party could seek judicial remedies like damages or rescission in the event of a contract breach. Agreements must be kept, which is the foundation of contract law, a branch of the law of obligations that deals with contracts. Like other regions of private law, contract law differs from jurisdiction to jurisdiction. Common law jurisdictions, civil litigation jurisdictions, and mixed law jurisdictions, which combine elements both of common and civil law, can be used to categorise the various systems of contract law.

To learn more about contract
https://brainly.com/question/984979
#SPJ4

the marginal product of labor in the production of computer chips is 50 chips per hour. the marginal rate of technical substitution of hours of labor for hours of machine capital is 1/4. what is the marginal product of capital?

Answers

The marginal product of capital is 250 chips .

Marginal product  = Changed output ÷ changed input.

In another ways,  we can say marginal product leads to an increase of total product output with the help of additional workers or input.

Evaluating :

Step 1 : The marginal rate of technical substitution is defined as the ratio of marginal productivity of each input.

For instance, suppose the marginal productivity of capital is 50 units, and the marginal productivity of labor is 25 units. Then the value of MRTS is 0.5.

Step 2: The computation of MRTS

The formula for marginal rate of technical substitution is:

MRTS = MPL ÷ MPK

Here,

MRTS = [tex]\frac{MPL}{MPK}[/tex]

[tex]\frac{1}{5} = \frac{50}{MPK}[/tex]

MPK = 5 × 50

MPK = 250

The marginal product of capital is 250 chips.

Marginal Rate of Technical Substitution:

The marginal rate of specialized negotiation( MRTS) is an profitable proposition that illustrates the rate at which one factor must drop so that the same position of productivity can be maintained when another factor is increased.

Marginal product :

The marginal product of an input, say labour, is defined as the redundant affair that results from adding one unit of the input to the being combination of productive factors. Marginal product is pertained to as the change in affair seen with per unit change of an input while keeping all other factors of input constant. Example : Labour, accoutrements etc.

Learn more about marginal product :

brainly.com/question/14867207

#SPJ4

which of the following is true of coordinated management of meaning (cmm)? group of answer choices it focuses on the effects of conflict in relationships. all of these answers are correct. it focuses on how individuals establish rules for creating and interpreting meaning. it focuses on the linear nature of communication and its influences.

Answers

Coordinated Management of Meaning (CMM) focuses on how individuals establish rules for creating and interpreting meaning.

The Coordinated Management of Meaning (CMM) adopts a communication approach grounded in social constructionism, contending that our ability to interact with one another shapes the social contexts in which we live. It's a useful theory with a number of proven models and applications.

The CMM is a theory that describes the method through which we generate meaning and control social reality through social communication. This CMM idea encourages people to articulate a process for producing prepositions in response to a scenario. The steps are taken in the right order to display the proper action or reaction.

Learn more about Coordinated Management of Meaning (CMM) here:

https://brainly.com/question/28137701

#SPJ4

you are employed by atramento, a maker of fountain pen ink, as the purchasing executive with the authority of approving the purchase of supplies. one of the suppliers being considered by atramento is a company owned by your spouse. this situation is an example of:

Answers

As the purchasing executive with the authority of approving the purchase of supplies. one of the suppliers being considered by atramentous is a company owned by your spouse. this situation is an example of a conflict of interest.

Atramentum or atrament commonly means a totally black, usually liquid, substance. For instance, an octopus might also emit a gasp of atrament (see cephalopod ink). In historic Rome, the time period Sacramentum signified any black coloring substance used for any cause. The Romans prominent 3 major varieties of Sacramentum, one called librarian (or scriptorium), any other called deuterium, and the 0.33 tectorium. Atramentum librarian was the writing ink of Roman times, Sacramentum auditorium was used by shoemakers for dyeing leather-based, and Sacramentum tectorium (or pidorium) was utilized by painters for some functions, seemingly as a type of varnish.

Learn more about atramentous here

https://brainly.com/question/2226219

#SPJ4

suppose manufacturers introduce a new model car to replace a car currently included in the cpi basket. the price of the new car is 10 percent higher than the di

Answers

In this situation the CPI will tend to overstate inflation as a result of quality adjustment bias. The rapid advancement of technology causes product prices to modify because it impacts product quality improvement.

Inflation will be overstated to the degree that the CPI does not account for improving quality in the products and services people use. This type of overestimation is referred to as the quality adjustment bias.

The rapid advancement of technology causes product prices to modify because it impacts product quality improvement. Because they increase price fluctuations in an economy, substitution and quantity bias eventually cause inflation to be overstated.

Here is the complete question-

Suppose manufacturers introduce a new model car to replace a car currently included in the CPI basket. The price of the new car is 10 percent higher than the discontinued model, but the new car has additional safety features and amenities. In this situation the CPI will tend to ______ inflation as a result of ______ bias.

Learn more on inflation-

https://brainly.com/question/14837931

#SPJ4

drew is a salesperson who is almost always successful during the initial sales dialogue. prospects usually respond to all of the questions that drew asks, but he is rarely successful at closing the sale and getting a commitment from them. drew's failure is most likely due to:

Answers

Drew is a salesperson who is almost always successful during the initial sales dialogue. prospects usually respond to all of the questions that drew asks, but he is rarely successful at closing the sale and getting a commitment from them.

Drew's failure is most likely due to Most customers count on a salesman to invite for dedication and recognize the attempt if it's far made at the ideal time withinside the income talk.

A high-quality cost proposition demonstrates what a logo has to provide a purchaser that no different competitor has and the way a product or service fulfills a want that no different enterprise is capable of fill. Business conversations among customers and dealers that arise as salespeople attempt to initiate, develop, and decorate purchaser relationships. Sales talk happens over the years and consists of income calls and different types of buyer-vendor communication.

Learn more about salesperson here:

https://brainly.com/question/25743891

#SPJ4

the leadership team of popso soda company includes a president and vice presidents of operations, marketing, human resources, and finance. popso seems to utilize which type of organizational structure?

Answers

Popso seems to utilize  functional type of organizational structure .

A functional structure is a business structure that's grounded on the function of each position within the business and the knowledge and chops of the platoon members that perform each part.

Functional organizational structure:

Functional  structure is having positions with the highest rank of responsibility at the top  level and goes down from there.  A functional organizational structure is a structure used to organize workers. They're grouped grounded on their specific chops and knowledge. It vertically structures each department with places from the chairman to finance and deals departments, to client service, to workers assigned to one product or service.

What are the characteristics of functional organizational structure?

A functional type is a perpendicular scale. The company is divided into different functional departments with workers who specialize in specific tasks. Functional departments generally operate in silos because each group has its own independent perpendicular operation structure.

Learn more about Functional structure :

brainly.com/question/14700402

#SPJ4

beginning inventory consists of 4 items at $10 each. during the month, the company purchased 3 items for $11 each and it sold 3 items. using first-in, first-out, the 3 goods sold are assumed to be . multiple choice question.

Answers

The beginning inventory consists of 4 items at $10 each. during the month, the company purchased 3 items for $11 each and it sold 3 items. using first-in, first-out, the 3 goods sold are assumed to be $30 that is option E

First in, first out (FIFO) is an acronym used in computer science and systems theory to describe a way of managing the modification of a data structure, frequently a data buffer, where the oldest (first) entry, or "head" of the queue, is processed first.

This sort of processing is comparable to serving customers in a line in the order they arrive at the back of the line, or on a first-come, first-served (FCFS) basis.

Given Data:

Beginning Inventory = 4 times at $10 each

3 new items were purchased for $11 each

Sold = 3 items (FIFO)

3 of the units sold under FIFO are from the initial stock.

Price of products sold = 3 x $10 = $30.

Therefore, the price of the products sold is $30. (Option E)

To know more about the FIFO method, refer to this link:

https://brainly.com/question/24137318

#SPJ4

COMPLETE QUESTION:

beginning inventory consists of 4 items at $10 each. during the month, the company purchased 3 items for $11 each and sold 3 items. using first-in, first-out, the 3 goods sold are assumed to be:

A) $31 (rounded to the nearest dollar)

B) An indeterminable amount given the specific items sold was not identified.

C) $33

D) $31.50

E) $30

Other Questions
Question 2 of 10Find f(3) if f(x)=x^3+2x-x-1 What type of poll did literary digest use to predict the popular vote in presidential elections?. a mixture contains only nacl and fe(no3)3. a 0.456 gram sample of the mixture is dissolved in water, and an excess of naoh is added, producing a precipitate of fe(oh)3. the precipitate is filtered, dried and weighed. its mass is 0.107 g. calculate the mass percent of fe(no3)3 in the sample. whats the least common denominator of 5/7 and 4/5 can someone please help me with this angle puzzle?! he higher the fixed asset turnover, the a.more efficiently a company is using its intangible assets in generating sales b.less efficiently a company is using its fixed assets in generating sales c.more efficiently a company is using its current assets in generating sales d.more efficiently a company is using its fixed assets in generating sales Karl earned $188 last month doing chores after school. If 68% of the money he earned was from doing yard work, about how much did Karl earn doing yard work? 15. Which of the following is true about the relationship in the table shown? 7 11 20 25 100 8.4 13.2 24 30 120 A. The table is non-proportional because it does not include the point (0,0). B. The table is non-proportional because the x-values do not increase at a constant interval. C. The table is proportional because all of the x and y-values are positive and increasing, D. The table is proportional because the ratio between y and x is constant. Read this section from Sonnet 29 to analyze how word choice impacts tone and answer the follow-up question.Yet in these thoughts myself almost despising,Haply I think on thee, and then my state,Like to the lark at break of day arisingFrom sullen earth, sings hymns at heavens gate;For thy sweet love rememberd such wealth bringsThat then I scorn to change my state with kings.Which of the following best describes the overall tone of this section of the poem?Question 1 options:a) excitedb) negativec) wooingd) hopeful a 77 kg man is riding on a 32 kg cart traveling at a speed of 3.8 m/s. he jumps off with zero horizontal speed relative to the ground. what is the resulting change in the cart's speed, including sign? when supply and demand both increase, equilibrium a. price will increase. b. price will decrease. c. quantity may increase, decrease, or remain unchanged. d. price may increase, decrease, or remain unchanged. Do stable isotopes tend to have a similar amount of protons to neutrons or a very different amount of protons to neutrons? Why do you think that is? State your answer in 2-4 sentences. let v be a vector space over a field of characteristic not equal to two. (a) let u and v be distinct vectors in v. prove that {u, v} is linearly independent if and only if {u v, u v} is linearly independent. (b) let u, v, and w be distinct vectors in v. prove that {u, v, w} is linearly independent if and only if {u v, u w, v w} is linearly independent. Please select the best answer from the choices provided A single unit of whole blood contains 450mls of blood and 50mls of an anticoagulant. The primary components of whole blood are erythrocytes, platelets and plasma. When packed red blood cells are well preserved, they can be stored for up to. before it is discarded1 point42 days at 4 degree Celsius30 days at 2 degree Celsius50 days at 2 degree Celsius What do you create when you want to set up a meeting using the Microsoft Office Online Calendar application?A. AppointmentB. EventC. IndividualsD. Groups A. Great Britain established the continental congress. B.great Britain organizes colonist into militias C.great Britain refuses to sell goods in the colonies D. Great Britain send more troops to the colonies Object starts from rest. Dots are placed every second. What is the acceleration of the object? vernalization you are studying a winter-annual arabidopsis plants. you identify a strain with a mutation in the flc gene that renders it inactive. when do you expect this plant to flower? monica was president of the local chapter of future business leaders of america during her senior year. after monica was diagnosed with an aggressive form of lymphoma, her classmates stopped talking about their career plans in front of her. monica was experiencing