Which of the following is not a source of information for the financial statement user? (a) Auditors
Question:
Which of the following is not a source of information for the financial statement user?
(a) Auditor’s report.
(b) Proxy statement.
(c) Stock price
(d) Management discussion and analysis.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Understanding Financial Statements
ISBN: 9781292101552
11th Global Edition
Authors: Lyn Fraser, Aileen M. Ormiston
Question Posted:
Students also viewed these Business questions
-
Multiply Choice 1. Which of the following is NOT a requirement in managements report on the effectiveness of internal controls over financial reporting? a. A statement of managements responsibility...
-
Select the correct answer for each of the following questions. 1. Two interesting and important topics concerning the SEC are the role it plays in the development of accounting principles and the...
-
MULTIPLE-CHOICE QUESTIONS 1. Which of the following statements is false concerning engagement quality reviews? a. The purpose of the engagement quality review is to provide reasonable assurance that...
-
How can your knowledge of meat and meat cookery be used to understand protein substitutions for vegan dishes, such as tofu, texturized soy protein, grains, or beans?
-
Aldina has identified conflicting authorities that address her research question. How should she evaluate these authorities to make a conclusion?
-
In general, do entrepreneurs tend to overestimate or underestimate their knowledge of the laws that pertain to starting a new firm? What does the answer to this question suggest that entrepreneurs do...
-
Monte Hall Gaming, Inc., paid \($20,000\) cash to purchase land. To buy the land, the business was obligated to pay for it. Requirement 1. Why did the business record no liability in this transaction?
-
Provide examples of important audit objectives for complex financial instruments and transactions. For each audit objective that you identify, list one or more audit procedures that could be used to...
-
The Kristen's Cookie Case provides an introduction to process analysis in a simple entrepreneurial context. We shall learn about key concepts and tools for process analysis in this case.In this...
-
Which of these are tools and techniques used by the financial analyst to convert financial statement data from sources that facilitate the evaluation of a firms financial condition and performance?...
-
All Wired is a marketing services firm that creates advertising copy for clients and places the advertising in various mass media. Accounts receivable represents amounts owed by clients, and accounts...
-
Rank from most authoritative to least authoritative the following three items: Conceptual Framework for Financial Reporting, International Financial Reporting Standards, and International Financial...
-
Recall the facts in Leonard v. Pepsico Had this been a contract, would it have been subject to the Statute of Frauds?
-
Describe and illustrate the differences among design defects, manufacturing defects, inadequate warnings and labels (marketing defects), and breach of express and implied warranties.
-
Forest Street Construction Corporation (Forest Street) employs Robert on a full-time basis to drive one of its dump trucks to various Forest Street construction sites. Robert has worked for Forest...
-
Brian worked as a painter for a major U.S. corporation. Over a period of nearly a decade, he was responsible for painting different aspects of the corporations plant, including the floors, walls, and...
-
Twenty-two Argentinians initiated a lawsuit against DaimlerChrysler Aktiengesellschaft (DCAG). In its complaint, the plaintiffs stated that a subsidiary of DCAG, Mercedes-Benz Argentina (MBA),...
-
1. Do you think Hardy ever intended to for a corporation? 2. Then how is this result fair?
-
Fred Farmer needs to prepare a balance sheet for his bank. He spent the day getting the following information. Fred needs your help to build a balance sheet and evaluate it. The information was...
-
Assume that the hypothetical Blake Co. acquires 30% of the outstanding shares of the hypothetical Brown Co. At the acquisition date, book values and fair values of Browns recorded assets and...
-
In 2010, if Cinnamon is deemed to have control over Cambridge, it will most likely account for its investment in Cambridge using: A. the equity method. B. the acquisition method. C. proportionate...
-
Branch (a fictitious company) purchases a 20% interest in Williams (a fictitious company) for 200,000 on 1 January 2010. Williams reports income and dividends as follows: Calculate the investment in...
-
act as a consultant hired by the operations director of the Barry Computer Company provide a financial analysis and comparison to the industry. You will conduct a financial ratio analysis to gain a...
-
Two Firefighter/Paramedics who work on opposite shifts have an ongoing personality conflict. One of the paramedics Bill Jones (a 40 year old Army veteran) has come to the supervisor on several...
-
Sam and Alicia arrived outside their boss's office at the same time and took a seat. Both exchanged a cordial "hello", but they didn't say much else as they waited outside. Fidgeting nervously in...
Study smarter with the SolutionInn App