Business, 23.01.2020 17:31 seby951

What checks are there on the accuracy of these statements? (select the best choice below.)

a. it is up to each investor to certify the accuracy of the financial statements.
b. financial statements in form 10-k are required to be audited by a neutral third party, who checks them and ensures that the financial statements are prepared according to gaap and that the information contained is reliable.
c. financial statements are always sufficiently accurate so no checks are needed.
d. the accuracy of the firm's financial statements is certified by the firm's board of directors, which is the only required check.

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 17:10

All else being equal, which is true about a firm with high operating leverage relative to a firm with low operating leverage? select one: a. a higher percentage of the high operating leverage firm's costs are fixed. b. the high operating leverage firm is exposed to less risk. c. the debt payments limit the high operating leverage firm's opportunities to turn a big profit. d. the high operating leverage firm has more debt.

Answers: 2

Answer

Business, 22.06.2019 04:40

Select the correct answerwhat is the responsibility of each of the twelve federal reserve's banks in their districts? a.they set the prime rateob.they monitor functioning of banks in their through onsite and offsite reviewsc.they assess taxes in their destnictd.they write fiscal policies

Answers: 1

Answer

Business, 22.06.2019 06:00

If you miss two payments on a credit card what is generally the penalty

Answers: 1

Answer

Business, 22.06.2019 11:00

Companies hd and ld are both profitable, and they have the same total assets (ta), total invested capital, sales (s), return on assets (roa), and profit margin (pm). both firms finance using only debt and common equity. however, company hd has the higher total debt to total capital ratio. which of the following statements is correct? a) company hd has a higher assets turnover than company ld. b) company hd has a higher return on equity than company ld. c) none of the other statements are correct because the information provided on the question is not enough. d) company hd has lower total assets turnover than company ld. e) company hd has a lower operating income (ebit) than company ld

Answers: 2

Answer

You know the right answer?

What checks are there on the accuracy of these statements? (select the best choice below.)
<...

Questions