Which of the following opinions is necessary for a company to avoid unfavorable repercussions on the company?
A) an adverse opinion
B) a qualified opinion
C) a disclaimer of opinion
D) an unqualified opinion
D
You might also like to view...
Which company is NOT listed on the 2017 Dow Jones Sustainability Index recognizing triple-bottom-line performance?
A. Intercontinental Hotel Group (Great Britain) B. Nike Inc. (USA) C. Peugeot SA (France) D. Westpac Banking Group (Australia) E. LG Electronics Group (South Korea)
All but which one of the following is a purpose of bankruptcy legislation?
a. To preserve existing business relations. b. To punish recalcitrant debtors. c. To bring about a quick, equitable distribution of the debtor's property among creditors. d. To allow rehabilitation of debtors.
To record receiving a bill for services to be paid at a later time, use the following:
A. Enter Bills > Pay Bills B. Invoice > Enter Bills > Pay Bills C. Invoice > Receive Payment > Deposit D. Purchase Order > Receive Payment > Deposit
Lily, a restaurant owner, is planning to invest in a multi-purpose ZS-13 baking oven. The oven costs $20,000 and will have a useful life of 10 years. The payback each year is $8,000. Assuming that the money is received evenly across the year, what will be the payback period if she decides to purchase the oven?
A. 1 year and 5 months B. 3 years and 3 months C. 2 years and 6 months D. 2 years and 1 month