Description : Which of the following would not fit the description of a related-party transaction? a. An unusually large sale of merchandise to the company's best and largest customer. b. Sales of merchandise ... person. d. Loans to corporate officers at market rates of interest with a regular repayment schedule.
Last Answer : An unusually large sale of merchandise to the company's best and largest customer.
Description : A CPA establishes quality control policies and procedures for deciding whether to accept a new client or continue to perform services for a current client. The primary purpose ... resulting from failure to detect irregularities in client financial statements association with clients whose
Last Answer : To minimize the likelihood of association with clients whose management lacks integrity
Description : When the auditor issues an erroneous opinion as a consequence of an underlying failure to comply with the requirements of generally accepted auditing standards, it results to a. Business failure. b. Audit failure. c. Audit risk. d. All of them
Last Answer : Audit failure.
Description : Where can I find a loan repayment contract?
Last Answer : answer:If I was you I would check to see how much it would be to have a local lawyer draft it. Laws vary by state so it would be better to have someone familiar with local laws write it.. I'm ... would just write up one with as many details as possible. For 2K you will end up in small claims court.
Last Answer : Written by Mohammad Nasir Ali.
Description : Why did James Madison oppose Hamilton repayment plan?
Last Answer : he thought is was dumbif i put in 5 dollar for a bond and iwanted to be up in 3 years then the country would lose moneybecuase they would half to pay intrest
Description : Where can I find online information about loan repayment calculators?
Last Answer : You can find online at the following site information on loan repayment calculators at the following site I looked up for you. Here is a site to look at www.barclays.co.uk Personal Banking Loans
Description : What is a mortgage repayment calculator?
Last Answer : A mortgage repayment calculator is a tool that calculates the monthly payment of a home loan. This includes both principal and interest payments, as well as any other fees that may be included in the loan. You can calculate your mortgage repayments in a few minutes for free at royalproperty.ca
Description : Repayment of Federal Student Loans?
Last Answer : A majority of college students require some financial aid to attend their school and federal student loans are one option for funding an education. Federal student loans have a set interest rate and ... the time an individual is in school but have lower limits for borrowing than unsubsidized loans.
Description : Use A Debt Repayment Calculator To See How Much You Can Save?
Last Answer : A debt repayment calculator shows how much money you can save by paying extra on your debt each month. Any extra money you put on your payment each month reduces the principle. By paying just a little ... amounts will help you see how much money you can save and must quicker your debt will be paid.
Description : Full convertibility of a rupeee means - (1) purchase of foreign exchange for rupees freely (2) payment for imports in terms of ruppes (3) repayment of loans in terms of rupees (4) determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply
Last Answer : (4) determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply Explanation: The full convertibility of the Indian currency means ... governmental control. Presently, the issue of capital account convertibility is in the discussion stage.
Description : ___________ is basically charged when a person uses a credit card to obtain cash. A. Early Repayment Charge B. Redemption Fee C. Transaction Fee D. Cash Advance Fee
Last Answer : D. Cash Advance Fee Explanation: A cash advance fee is a charge that a credit card issuer charges a customer for accessing the cash credit line on his or her account, either through an ATM, convenience check or at a bank‘s teller window.
Description : Which of the following does not guarantee the repayment of deposits accepted by NBFCs? A. RBI B. GOI C. SEBI D. NABARD E. None of the Above
Last Answer : A. RBI Explanation: RBI does not guarantee the repayment of deposits accepted by NBFCs.
Description : Mark the correct option a) Withdrawal will be allowed 50% deposited amount in RD account after one year and after 12 monthly deposit. b) No withdrawal is allowed in discontinued RD accounts c) 10% interest ... the 10th of the month, no interest shall be payable for that month e) All the above
Last Answer : e) All the above
Description : The remitter can be altered the office of payment of the payees address a) On payment of second commission b) Without any fees c) Not permissible d) Only can ask repayment to him
Last Answer : b) Without any fees
Description : If a VPMO in favour of the sender of a VP article is remaining unclaimed at the PO a) The MO will be returned to the addressee of the VP article for repayment b) The issuing postmaster will encash the ... PO accounts c) The VPMO will be treated as void and sent to audit office d) None of these
Last Answer : c) The VPMO will be treated as void and sent to audit office
Description : Payment of a MO addressed to a place not served daily by postman will be a) Made to the messenger as authorized by the payee in a letter given to the Postmaster of office of payment b) Paid only to the payee c) Kept in deposit for 7 days an returned for repayment to the remitter d) All the above
Last Answer : a) Made to the messenger as authorized by the payee in a letter given to the Postmaster of office of payment
Description : The request a purchase of British Postal Order for repayment a) Cannot be accepted b) Can be accepted if presented at the PO from which it was purchased a/w counterfoil c) Can be accepted any post office in India d) None of these
Last Answer : b) Can be accepted if presented at the PO from which it was purchased a/w counterfoil
Description : From the following deduction , which deduction from subsistence allowance is needed prior consent from suspended employee a. Deduction related with income tax b. Repayment of loans and advance taken from government c. Deduction related with PLI premium
Last Answer : c. Deduction related with PLI premium
Description : The amount received on account of premium of PLI , repayment of loan should be accounted under ---------------------- head a. PLI Annuity Fund b. Postal Insurance and Life Annuity Fund Receipts c. PLI receipts account
Last Answer : b. Postal Insurance and Life Annuity Fund Receipts
Description : what is the usage of form LI-37? a. repayment of loans of PLI b. voucher for any payment c None
Last Answer : a. repayment of loans of PLI
Description : Which of the following does not affect the fund flow statement a) Issue of shares b) Borrowing c) Repayment of loan d) Payment to creditors
Last Answer : d) Payment to creditors
Description : Which of these is not the function of World Bank? (a) To arbitrate on international trade disputes. (b) To help the member countries in the reconstruction and development of their countries. ... and credit by guaranteeing repayment. (d) To promote long term balanced growth of international trade.
Last Answer : (a) To arbitrate on international trade disputes.
Description : Full convertibility of a rupeee means (1) purchase of foreign exchange for rupees freely (2) payment for imports in terms of ruppes (3) repayment of loans in terms of rupees (4) determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply
Last Answer : determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply
Description : Do you think it's fair that taxi cabs need to comply with regulations in order to operate but Uber doesn't?
Last Answer : NY taxi cabs have been a regulated and protected monopoly for years. Mostly politics, of course, but the city kept the number of medallions low so the taxi owners got richer and richer. Of course ... yellow cab drivers who got rich and complacent and tried to protect their monopoly. Too bad so sad.
Description : Regarding the cop slinging the girl across the classroom: What physical means to get her to comply would have been justified?
Last Answer : answer:4000% of people have no problem saying Discipline begins at home , but they want it to end with police action. Whoever this girl's guardian is should have been called to remove her from the ... the discipline. Why is calling the 5-0 on the list of steps before calling the legal guardians?
Description : Do you think this Ebola nurse should go to jail if she won't comply?
Last Answer : What would putting her in jail accomplish? And why is jail pretty much our first and only solution to anyone who doesn’t comply with any and every little decree?
Description : Should states be required to comply with the MOVE Act, a federal law passed in 2009 mandating that absentee ballots be provided to military personnel overseas at least 45 days before election day?
Last Answer : I think all states should have to comply.
Description : Many years ago, a wealthy old man was near death. He wished to leave his fortune to one of his three children. The old man wanted to know that his fortune would be in wise hands. He stipulated that ... man ended up leaving his money to his third child, a daughter. What did his daughter do? -Riddles
Last Answer : Every other day, the daughter sang her father a song.
Last Answer : You can have a record in the credit sheet. It depends on the employer. Then you might come across while looking for a new job. However, if you have it and need to start, then agree with the new employer if a possible record would bother him.
Description : Don't get caught failing to comply! Do you know ASIC requires all books to be produced ?
Last Answer : ASIC-- Australian Securities & Investments Commission. That's ASIC's role and mission in accordance with the law and order. Thank you for bringing this up -- to those who live in Australia.
Description : National Fire Protection Association (NFPA) labels alone comply with HAZCOM labeling requirements.?
Last Answer : 1
Description : What can the President do if a State fails to comply with the Directives of the Central Government? (1) He can dissolve State Legislature and order fresh elections (2) He can declare the break-down ... (3) He can send paramilitary forces to the State to secure compliance (4) Any of the above
Last Answer : (2) He can declare the break-down aconstitutional machinery in the State and assume responsibility for the governance of the State Explanation: If the President is satisfied, on the basis of the ... six months to a maximum period of three years with repeated parliamentary approval every six months.
Description : Coast Guard Regulations (46 CFR) require that fire door holding and release systems are to comply with subpart _________. A. 111.15 B. 111.54 C. 111.99 D. 111.112
Last Answer : Answer: C
Description : What is the most critical aspect in developing a project plan that meets project specifications within the timeframe and at the lowest costs? Select one: a. Assessing risk management b ... business partners e. Developing a project execution plan that matches the complexity level of the project
Last Answer : e. Developing a project execution plan that matches the complexity level of the project
Description : As a PMP, you will be required to comply with the PMP Code of Professional Conduct. This code refers to all of the following except which one? A. Reporting conflicts of interest ... C. Complying with the stakeholder requirements D. Complying with the rules and standards of foreign countries
Last Answer : C. Complying with the stakeholder requirements
Description : Mark the correct option a) Where the access to information is to be provided in the printed or in any electronic format, the applicant shall pay such fee as may be prescribed b) No ... . d) Before taking the decision consideration of third party representation is necessary e) All the above
Description : Where a trader or a person against whom a complaint is made or complainant fails or omits to comply with order made by commission a) Shall be punishable with fine shall not be less than two ... be less than two thousand rupees but which may be extend ten thousand rupees d) Both the B&C
Last Answer : d) Both the B&C
Description : Maintaining or providing access to adequate reference libraries and other authoritative sources is a procedure that is most likely performed to comply with the policy of a. Monitoring b. Ethical requirements c. Assignment d. Consultation
Last Answer : Consultation
Description : The auditor is required to comply with all PSAs relevant to the audit of an entity's financial statements. A PSA is relevant to the audit when: I. The PSA is in effect II. The circumstances addressed by the PSA exist. a. I only b. II only c. Either I or II d. Both I and II
Last Answer : Both I and II
Description : Which of the following is not one of the general principles governing the audit of financial statements? a. The auditor should conduct the audit in accordance with PSA. b. The ... appropriate evidence primarily through inquiry and analytical procedures to be able to draw reasonable conclusions.
Last Answer : The auditor should obtain sufficient appropriate evidence primarily through inquiry and analytical procedures to be able to draw reasonable conclusions
Description : A professional accountant has a professional duty or right disclose confidential information in each of the following, except: a. To comply with technical standards and ethics requirements. b. To disclose to ... body d. To respond to an inquiry or investigation by a member body or regulatory body
Last Answer : To disclose to the Bureau of Internal Revenue any fraudulent scheme committed by the client on payment of income tax
Description : Whenever a CPA professional is engaged to perform an audit of financial statements according to Philippine Standards on Auditing, he required to comply with those standards in order to a. Eliminate audit risk ... of audit performance. d. To reduce the audit program to be prepared by the auditor.
Last Answer : Have a measure of the quality of audit performance.
Description : The principle professional competence and due care imposes which of the following obligations on professional accountants? a. To maintain professional knowledge and skill at the level required to ensure that a ... , conflict of interest or undue influence of others. d. To be fair and truthful.
Last Answer : To maintain professional knowledge and skill at the level required to ensure that a client or employer receives competent professional service.
Description : A professional accountant has a professional duty or right to disclose confidential information in each of the following, except: a. To disclose to BIR fraudulent scheme committed by the client on payment ... body d. To respond to an inquiry or investigation by a member body or regulatory body
Last Answer : To disclose to BIR fraudulent scheme committed by the client on payment of income tax
Description : Which of the following best describes why publicly-traded corporations follow the practice of having the outside auditor appointed by the board of directors or elected by the stockholders? a. ... opportunity to voice their opinion concerning the quality of the auditing firm selected by the director
Last Answer : To emphasize auditor independence from the management of the corporation
Description : A CPA, while performing an audit, strives to achieve independence in appearance in order to a. Reduce risk and liability. b. Comply with the generally accepted standards of fieldwork. c. Become independent in fact. d. Maintain public confidence in the profession
Last Answer : Maintain public confidence in the profession
Description : A professional accountant has a professional duty or right to disclose confidential information in each of the following, except: a. To comply with technical standards and ethics requirements. b. To disclose ... body d. To respond to an inquiry or investigation by a member body or regulatory body
Last Answer : To disclose to BIR fraudulent scheme committed by the client on payment of income tax.
Description : After an auditor had been engaged to perform the first audit for a nonpublic entity, the client requested to change the engagement to a review. In which of the following situations would ... determined that an unqualified opinion was warranted, but there was a disagreement concerning the audit fee.
Last Answer : The client's bank required an audit before committing to a loan, but the client subsequently acquired alternative financing.
Description : A CPA, while performing an audit, strives to achieve independence in appearance in order to: a. Reduce risk and liability. b. Become independent in fact. c. Comply with GAAS. d. Maintain public confidence in the profession.
Last Answer : Maintain public confidence in the profession.