Provision for imposition of civil liability

Assignment Help Accounting Basics
Reference no: EM13134064

From the auditors point of view which of the following is a preferable provision for imposition of civil liability for financial damages?

A. joint and several liability

B. reasonably forseeable users approach to privity

c. forseen third parties approach to privity

d. proportionate liability

Reference no: EM13134064

Questions Cloud

Solving for geometry word problems : A certain wheel has a diameter of 98 inches. If that wheel travels for 108 revolutions, then. How many years has it gone? (use 22/7 for pi)
Record of a deferred tax expense : The enacted tax rate increased to 30 percent in Year 2 compared to an enacted rate of 20 percent in the prior year. At December 31, Year 2, the company would record a deferred tax expense of ?
Confidence interval for tungsten content of mined mineral : Tungsten content of the mined mineral. Further mining of the drift would be justified if the grade is above 1.25% W; can we be 95% confident that this is the case?
How many grams of are cah2 needed : How many grams of are CaH2 needed to generate 147L of H2 gas if the pressure of H2 is 827 torr at 20 C?
Provision for imposition of civil liability : From the auditors point of view which of the following is a preferable provision for imposition of civil liability for financial damages?
Find statistical significance and practical significance : What is the difference between statistical significance and practical significance? Can a hypothesis test result be statistically significant and yet practically useless.
Calculate the concentration of ammonium ions : A solution is prepared by dissolving 19.9 g ammonium sulfate in enough water to make 100.0 mL of stock solution. A 15.00 mL sample of this stock solution is added to 59.00 mL of water.
Non-manufacturing fixed costs : George Ltd manufactures two types of coils used in electric motors. The two types are: C20 and D40. They both require plastic and metal. Information for the two products for the month of April is given
Create confidence interval for the proportion of all welders : Construct the 95 percent confidence interval for the proportion of all welders who graduated from a registered welding course.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd