Susan, an accountant, prepared an audit report for a company that wanted to include the report in a registration statement. What must Susan do before the company can do so? What step should she perform in relation to events occurring subsequent to the date of the certified balance sheet in the registration statement?
Susan must sign a written consent before the audited report can be included in the registrations statement. Before doing so, she should do an S-1 review, which is a review of events subsequent to the date of the certified balance sheet in the registration statement to ascertain whether any material change has occurred in the company's financial position that should be disclosed to prevent the financial statements from being misleading. This review includes comparing recent financial statements to earlier ones, reading minutes of the shareholders' and directors' meetings, and investigating changes in material contracts, bad debts, and newly discovered liabilities.
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What will be an ideal response?
Answer the following statements true (T) or false (F)
Despite the poor working conditions and low wages, one safeguard that employees had in the early part of the 20th century, was stability in employment because legally employers needed a good reason to fire someone. Mass manufacturing can be at least partially blamed for the labor problems that existed in the early 20th century U.S. labor markets. The labor problem of the early 20th century was largely a worker or human rights problem and not a business problem. From a practical standpoint, these practices actually made very good business sense. The mainstream economic perspective holds that efficiency, equity and voice in the employment relationship are maintained through competitive markets which lead to a fair price where labor is paid equal to the value of its contribution. As long as competition exists in a market, the mainstream economics school of thought would suggest that there is no "labor problem" even if wages are low, work hours are long, etc.
Indicate the plural form of the singular noun. sheep
Assumption of risk is a(n) ______ defense
a. proactive b. positive c. conciliatory d. affirmative e. none of the other choices