Other types of assurance services provided by CPAS have developed as a natural extension of the audit function. Required: a. Explain what is meant by the term assurance services. b. Describe the forces that have caused a demand for other types of assurance services. C. Describe the subset of assurance services governed by the Statements of Standards for Attestation Engagements.

Fast pls solve this question correctly in 5 min pls I will give u like for sure Savtrik Question 14. It's January, and five friends have asked to borrow $500 to buy a limited-edition Dungeons & Dragons game. Each says they can pay you back some money over the first few months of the year even adding a bit more out of appreciation. Here's how much they can pay back over the first few months: Mike: $100 in February, $200 in March, $250 in April Dustin: $50 in February, $250 in March, $300 in April Lucas: $75 in February, $325 in March, $175 in April Will: $250 in February, $250 in March, $20 in April Max: $300 in February, $25 in March, $300 in April If you were using the Payback Period Method of capital budgeting, which friend would you decide to loan the $500 to?

+ You are looking at buying your first car. Based on your budget you can afford up to $400 per month payments. You go to the DATCU branch in the Union Building and they give you 3 options for preapproved loans. Fill in the table below. Check your answers in Canvas to make sure you got them right before the due date! Unlimited attempts to check your math for the tables! DATCU Options Term in Months (N) Down Payment Required 48 60 72 10% 10% 10% Interest Rate (I/Y) 5.49% 6.49% 6.99% Hint: Convert to monthly on calculator $ 400 $ 400 $ 400 Monthly Payment (PMT) Hint: make it negative on calculator Maximum Amount Financed (PV) Down Payment Required in $$ Maximum Price willing to pay for Car including Tax, Title, and License If you paid the maximum price on the car calculate the following: Total Interest paid on the Car Total Amount paid for car Hint: It is all the payments and down payment

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