Answer:
False
Explanation:
"An auditor is a watchdog and not a blood hound". The purpose of conducting an audit is to provide 'reasonable assurance" and not 'absolute assurance' to the management of an entity and users of financial statements.
An auditor cannot be held liable for any misstatement or fraud if he proves that he did his work diligently, and acted bona fide, and as per the evidence available to him, arrived at such an opinion.
But, in cases wherein an auditor has acted grossly negligent or colluded with management or window dressing of accounts, such auditor would be held personally liable and accountable. For e.g Enron case.
B) global marketing stage.
C) domestic marketing stage.
D) no direct foreign marketing stage.
E) regular foreign marketing stage.
Answer:
E) regular foreign marketing stage.
Explanation:
Regular foreign marketing stage -
At this stage , the firm has the capacity for permanent productivity for the production of goods for marketing in the foreign markets .
In this stage , the firm employs domestic and foreign overseas intermediaries to import in the market .
The main goal of the production and operations is to fulfill the needs of the domestic needs .
But as the demand overseas grows , production get allocated for the foreign markets .
Hence , from the information , the correct option is E) regular foreign marketing stage .
The severity of an electrical shock depends on the amount of the electric current, the path it takes through the body and the duration of exposure to the current. A larger current, a current passing through vital organs and longer exposure times all increase shock severity. The frequency of the current (AC vs. DC) can also affect the damage caused by an electric shock.
The severity of an electrical shock depends on three main factors. Firstly, the amount of current (I in the formula I = V/R where V is voltage, and R is resistance). A larger current will typically cause a stronger shock. For instance, a person with dry skin having a resistance of about 200 kΩ in contact with 120 V AC will experience a current of about 0.6 mA.
Secondly, the path the electric current takes through the body influences the severity of the shock. A current passing through the heart is a lot more dangerous than one that only touches the skin.
The duration of the shock also matters - the longer the contact with the electric current, the more severe the shock will be. Lastly, while your question asks for three things, it is also worth noting that the frequency of the current matters too. For instance, AC current (which has non-zero frequency) is more likely to cause harm than DC current (frequency zero).
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Answer:
they are correct
Explanation:
c
b. allow banks to monitor firms' check payment practices, which can yield information about their borrowers' financial conditions.
c. are a required minimum amount of funds that a borrower (i.e., a firm receiving a loan) must keep in a checking account at the bank.
d. are all of the above.
Answer:
The correct answer is D
Explanation:
Compensating balance is the balance which is to be minimum amount that is to maintained or kept in the bank account, so that could be used to offset the cost incurred by the bank for setting up the loan.
It is that balance which is not available for the company to use and might be needed to disclose in the notes of the borrower in the financial statements.
So, it is a specific kind of collateral, allow bank to monitor payment practice of firms and require to have a minimum amount that borrower need to keep in the checking account.