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2 years ago

We assume that the representative consumer's preferences exhibit the properties that

Business

1 answer:

LenaWriter [7]2 years ago

7 0

Answer:

c. consumption and leisure are both normal goods and that the consumer likes diversity in his or her consumption bundles.

Explanation:

A consumer's preference can determine the consumer utility properties between the different periods and can be measured by the tastes and preference by comparing the opportunity costs of that one item when every you buy an item.

The consumption and the leisure are both the normal goods hat the consumer likes to have diversity in his consumption patterns and have a utility related to them.

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The major parts of the Stockholders' Equity section of the balance sheet are

torisob [31]

The correct answer is choice D.

The Stockholders’ Equity section of the balance sheet includes stock, paid-iin capital and retained earnings.

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2 years ago

A study published in 2011 by the OECD noted that Group of answer choices the real household income of unskilled workers in the U

slavikrds [6]

Answer:

the gap between the poorest and richest segments of society in some OECD countries had widened.

Explanation:

A study published in 2011 by the Organisation for Economic Co-operation and Development (OECD) noted that the gap between the poorest and richest segments of society in some Organisation for Economic Co-operation and Development (OECD) countries had widened.

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2 years ago

FitterYou Inc., a company that manufactures health products, hosts an event at a local hotel to generate potential customers. Th

Nastasia [14]

By inviting over 120 prospects to the event through direct mails, then the company that manufactures the health products is using a <u>seminar</u> to generate sales leads.

<h3 />

What is a sales seminar?

Generally, a sales seminar are organized by company to persuade clients or train its employee on how to sell its products.

In conclusion, the company that manufactures the health products is using a <u>seminar</u> to generate sales leads.

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2 years ago

Generally, a business should consider insuring against an event when the risk

posledela

Answer:

Explanation:

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2 years ago

michael was on the abc accounting firm's audit team for the rasmussen corporation audit. rasmussen's officers were so impressed

nirvana33 [79]

In order to preserve independence, Michael must "Remove himself from the engagement as he considers the offer." (Option B). It is to be noted that this is an internal control problem.

<h3>What is Independence in this case?</h3>

The absence of situations that jeopardize the internal audit activity's capacity to carry out internal audit tasks objectively is called Independence.

Practically, independence is achieved by ensuring that the internal audit activity has no management control for any of the organization's non-audit functions that are subject to internal audit assessments, and by distancing the internal audit activity's management from the functional oversight of the organization's senior management.

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Full Question:

Michael was on the ABC Accounting Firm's audit team for the Rasmussen Corporation audit. Rasmussen's officers were so impressed with Michael that they offered him a job as Director of Internal Audit at Rasmussen. What should Michael do in order to preserve independence?

A) Tell his superiors as soon as he has decided whether or not to accept the offer.

B) Remove himself from the engagement as he considers the offer.

C) Pray for divine guidance.

D) If he decides to reject the offer, remove himself permanently from the engagement.

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1 year ago