Kent Company has a sales budget for next month of $1,000,000. Cost of goods sold is expected to be 25 percent of sales. All goods are paid for in the month following purchase. The beginning inventory of merchandise is $50,000, and an ending inventory of $64,000 is desired. Beginning accounts payable is $160,000. For Kent Company, the ending accounts payable should be: Select one: O A. $341,000 O O O B. $414,000 C. $264,000 D. $356,000

Why does scope creep create risk in independence? Select all that apply   It can create an unfair advantage in the marketplace.   It can decrease costs.   It can lead to unintentionally providing a prohibited service to a restricted entity.   It can cause non-compliance with KPMG policies on independence.

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Karen finds that many claim forms were rejected because important information was omitted. How might Karen suggest corrections for these omissions?

1. Choose the ethical considerations that Amahle Khumalo should recognize in deciding how to proceed. Note: You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect. Check my work is not available. Khumalo should exercise initiative and good judgment in providing management with information having a potentially adverse economic impact Khumalo should determine whether the controller's request violates her professional or personal standards or the company's code of ethics. ? Khumalo should protect proprietary information and should not violate the chain of command by discussing this matter with the controller's superiors ?Khumalo should not try to convince the controller regarding the probable failure of reworks.

The phrase “except for the possible effects of the matter described…” appears in an audit report. This could be what type of opinion?   a.   Qualified Adverse Disclaimer Yes Yes No   b.   Qualified Adverse Disclaimer Yes No No   c.   Qualified Adverse Disclaimer No No Yes   d.   Qualified Adverse Disclaimer No Yes No   e.   Qualified Adverse Disclaimer Yes Yes Yes

Search Google images for bad data visualizations. Post a link to the image.Describe what is inaccurate or misleading about the visualization. Replace the inaccurate and misleading information with what you think makes the image a good visualization.

Match each of the components of faithful representation with its definition.Faithful Representation                             Definition1 . Freedom from error      a. All information necessary to describe an item is                                                  reported. 2. Neutrality                       b. Information that does not bias the decision                                                         maker. 3. Completeness                c. Reported amounts reflect the best available                                                        information.