Why does a limited liability company have to engage a firm of external auditors?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 84% (13 reviews)
It is required by law that all the limited liability companies are required ...View the full answer
Answered By
Aysha Ali
my name is ayesha ali. i have done my matriculation in science topics with a+ . then i got admission in the field of computer science and technology in punjab college, lahore. i have passed my final examination of college with a+ also. after that, i got admission in the biggest university of pakistan which is university of the punjab. i am studying business and information technology in my university. i always stand first in my class. i am very brilliant client. my experts always appreciate my work. my projects are very popular in my university because i always complete my work with extreme devotion. i have a great knowledge about all major science topics. science topics always remain my favorite topics. i am also a home expert. i teach many clients at my home ranging from pre-school level to university level. my clients always show excellent result. i am expert in writing essays, reports, speeches, researches and all type of projects. i also have a vast knowledge about business, marketing, cost accounting and finance. i am also expert in making presentations on powerpoint and microsoft word. if you need any sort of help in any topic, please dont hesitate to consult with me. i will provide you the best work at a very reasonable price. i am quality oriented and i have 5 year experience in the following field.
matriculation in science topics; inter in computer science; bachelors in business and information technology
_embed src=http://www.clocklink.com/clocks/0018-orange.swf?timezone=usa_albany& width=200 height=200 wmode=transparent type=application/x-shockwave-flash_
4.40+
11+ Reviews
14+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
Why would a limited liability company (LLC) choose to be taxed as a corporation, rather than as a partnership?
-
A shareholder in a limited liability company is not personally liable for any of the debts of the company, other than for the value of his investment in that company. Explain why limited liability...
-
What advantages does a limited liability company offer over an S corporation? Over a sole proprietorship?
-
What are some signs of dental disease?
-
Table 14.2 shows a few examples of typical products for each category of production by volume. Add several other examples to this list?
-
Pratt-Farnsworth, Inc., a unionized construction contractor in New Orleans, owned a nonunion subsidiary, Halmar. During negotiations of a new collective bargaining agreement with Pratt- Farnsworth,...
-
A research study compares three treatments with n 5 5 in each treatment. If the SS values for the three treatments are 25, 20, and 15, then the analysis of variance would produce SSwithin equal to...
-
Wood Crafts, Inc. is a manufacturer of furniture for specialty shops throughout the Northeast and has an annual sales volume of $12 million. The company has four major product lines: bookcases,...
-
Hollywood Talent Services is a sole proprietorship operated by Phil Morris. The net income of Hollywood Talent Services is $23,000 for the year. The beginning and ending Morris, Capital account was...
-
Magnum Leasing is in the business of providing automobiles on wet lease to corporate clients. Magnum is considering a new model of Ford car for which an enquiry has come. The cost of the vehicle is...
-
State briefly the main reasons why a company may employ a team of accountants.
-
Assume that you are a personnel officer in a manufacturing company, and that one of your employees is a young engineering manager called Joseph Sykes. Joseph has been chosen to attend the local...
-
Find an equation for the line tangent to the curve at the point defined by the given value of t. Also, find the value of d 2 y/dx 2 at this point. X = 1 t + 1' y = t = 1 - t = 2
-
Consider the following double loop and identify the dependence. Verify the dependence(s) by applying GCD test and Bounds test. Use the direction vector of (1, -1) corresponding to T on (5M) S. L1: do...
-
After discovering a vulnerability in the passwd utility, the Linux developers have decided that it is too dangerous to continue to run the utility as root (through setuid). Unfortunately, there's no...
-
Your supervisor comes to you and says, that as a company, you're facing multiple communication challenges. Since transitioning to a remote workforce, communication has been extremely poor....
-
You are developing an application that will be running on several hundred Amazon EC2 instances. The application on each instance will be required to reach out through a file system protocol...
-
What is the danger of mixing elements ("hybrid strategy") from both agile and lean SC strategies?
-
The Carlton Company has analyzed its customers by volume of annual sales. The company has found that the average annual sales to a customer are $22,820. However, annual sales to 3 percent of the...
-
(a) Use integration by parts to show that (b) If f and g are inverse functions and f' is continuous, prove that (c) In the case where f and t are positive functions and b > a > 0, draw a diagram to...
-
Refer to Exhibit 7.7, the restaurant value stream map, and recompute the total value-added and non-value-added time and cost given the following new information. If a restaurant uses iPads to place...
-
What accounting rule is used to describe a defined period of time?
-
Why is a principles-based approach to regulation necessary particularly in times of economic turmoil?
-
Identify three categories of accounting rules.
-
Prepare journal entries to record the following events: Jul. 1 Klemens Company accepted a 5%, 3-month, $8,000 note dated July 1 from Mox Company for the balance due on Mox's account. Jul. 31 Klemens...
-
FINANCIAL STATEMENT ANALYSIS INSTRUCTIONS 1. PREPARE RATIO ANALYSIS REPORT ( word file) Format 1. Introduction 2. Importance of Financial Statements 3. Importance of Financial statement analysis and...
-
Let us assume that Europe is in recession, China's economy is slowing down, and the US economy is growing at 1-2%. Use these assumptions to invest in 4 ETFs (electronically traded funds). The 4 ETFs...
Study smarter with the SolutionInn App