subject
Business, 24.10.2019 01:30 iiCaxx4668

major, major & sharpe, cpas, are the auditors of maclain technologies. in connection with the public offering of $10 million of maclain securities, major expressed an unqualified opinion as to the financial statements. subsequent to the offering, certain misstatements were revealed. major has been sued by the purchasers of the stock offered pursuant to the registration statement that included the financial statements audited by major. in the ensuing lawsuit by the maclain investors, major will be able to avoid liability if

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 20:20
If the government is required to balance the budget and the economy falls into a recession, which of the actions is a feasible policy response? cut taxes to encourage consumer spending invest in infrastructure increase government spending to stimulate the economy cut spending equal to the reduction in tax revenue what is a likely consequence of this policy? unemployment falls due to the economic stimulus. the negative consequences of the recession are magnified. consumer spending increases due to their ability to keep more of their after-tax income. there is hyperinflation due to an increase in aggregate demand.
Answers: 3
question
Business, 22.06.2019 11:30
Mai and chuck have been divorced since 2012. they have three boys, ages 6, 8, and 10. all of the boys live with mai and she receives child support from chuck. mai and chuck both work and the boys need child care before and after school. te boys attend the fun house day care center and mai paid them $2,000 and chuck paid them $3,000. mai's agi is $18,000 and chuck's is $29,000. mai will claim two of the boys as dependents. she signed form 8332 which allows chuck to claim one of the boys. who can take the child and dependent care credit?
Answers: 3
question
Business, 22.06.2019 17:40
Within the relevant range, if there is a change in the level of the cost driver, then a. total fixed costs will remain the same and total variable costs will change b. total fixed costs will change and total variable costs will remain the same c. total fixed costs and total variable costs will change d. total fixed costs and total variable costs will remain the same
Answers: 3
question
Business, 22.06.2019 20:30
Afirm wants to strengthen its financial position. which of the following actions would increase its current ratio? a. reduce the company's days' sales outstanding to the industry average and use the resulting cash savings to purchase plant and equipment.b. use cash to repurchase some of the company's own stock.c. borrow using short-term debt and use the proceeds to repay debt that has a maturity of more than one year.d. issue new stock, then use some of the proceeds to purchase additional inventory and hold the remainder as cash.e. use cash to increase inventory holdings.
Answers: 3
You know the right answer?
major, major & sharpe, cpas, are the auditors of maclain technologies. in connection with the p...
Questions
question
English, 03.04.2020 01:01
question
Geography, 03.04.2020 01:01
question
Mathematics, 03.04.2020 01:01
question
English, 03.04.2020 01:01
question
Biology, 03.04.2020 01:01
question
Mathematics, 03.04.2020 01:01
Questions on the website: 13722361