Standard of the skill of a professional account

Assignment Help Financial Management

Reference no: EM131613014

1. Mr. Orange is an accountant at a publically traded corporation. In order to meet the standard of the skill of a professional account what should Mr. Orange have knowledge of?

Generally accepted accounting principles (GAAP)

The Professional Rules of Responsibility for Attorneys

The advisory opinions this year of the Internal Revenue Service (IRS)

Calculus and trigonometry

2. Tom, Brady, and Alex are members of a golf country club (a nonprofit corporation). Tom holds 5 percent of voting power, Brady holds 8 percent of voting power, and Alex holds 1 percent of voting power in the club. They would like to call a special meeting of the club to discuss renovation of some of its facilities. Who amongst them can call such a meeting?

Brady and Alex

Tom and Brady

Alex and Tom

Alex, Tom, and Brady

Reference no: EM131613014

Questions Cloud

What is the only function of incorporation of business : What is the only function of an incorporation of a business?

Calculate the present worth of the manufacturing line : Winston Specialties is upgrading its manufacturing line. The initial cost will be $172722. calculate the present worth of the manufacturing line.

Corporation to act to benefit of that individual shareholder : What is the term for when a shareholder causes a corporation to act to the benefit of that individual shareholder?

What will be the value of your portfolio : Imagine that you are holding 5,000 shares of stock, currently selling at $40 per share. What will be the value of your portfolio in January.

Standard of the skill of a professional account : In order to meet the standard of the skill of a professional account what should Mr. Orange have knowledge of?

Traditional antitrust thinkers argue that : Traditional antitrust thinkers argue that:

Employee retirement income security act is accurate : Which of the following statements about the Employee Retirement Income Security Act (ERISA) is accurate?

What is the annual dollar amount of interest : What is the annual dollar amount of interest that you receive from your bond investment?

Not paying out dividends to minority shareholders : What is the term for when controlling shareholders pay themselves high salaries while not employing or not paying out dividends to minority shareholders?

User Account

All Pages