Hayleah is a california cpa practicing in california. to renew her license in active status, hayleah must to meet the basic requirement of completing 80 hours of qualifying continuing professional education in the two-year period immediately preceding her license expiration. Her license expires on june 30, 20x7. Which of the following are specific requirements regarding continuing education that hayleah may or may not be covered by depending on the type of work that she performs?
A) Fraud continuing education requirement
B) Government auditing continuing education requirement
C) Accounting and auditing continuing education requirement
D) Hayleah may take all of her 80 hour requirement in any subjects that she chooses.
E) All of the above.Hayleah may take all of her 80 hour requirement in any subjects that she chooses

Answers

Answer 1

When performing work, there are specific requirements depending on which work Hayleah performs and these are B) Government auditing continuing education requirement

When dealing with governmental accounting:

There are certain rules that must be followed.The specific rules imposed are to ensure better management of tax payer funds.

As a result, when a California CPA is involved in governmental work, specific rules known as the government auditing continuing education requirements will most likely apply.

In conclusion, option B is correct.

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Related Questions

Gene is looking for a loan so that he can buy a car. There are a few different banks where he can apply for a loan. What should he be looking for in a loan?
OA. a low interest rate
OB. a good credit score
OC. an open line of credit
OD. a differed payment plan

Answers

Answer:

The Answer To This Question is B. a good credit score.

Explanation:

Both you and your older brother would like to have $28,500 in 14 years. Because of your success in this class, you feel that you are a more savvy investor than your brother and will be able to earn an annual return of 10.5 percent compared to your brother's 8.7 percent. How much less than your brother will you have to deposit today

Answers

How much less than your brother will you have to deposit today is $1,820.78.

First step

Future value = Present value × (1 + interest rate)^number of years

$28,500 = Present value × (1 + 0.105)^14

Present value= $28,500 ÷ 1.105^14

Present value= $28,500 ÷ 4.04642869977

Present value=$7,043.25

Second step

Future value = Present value × (1 + interest rate)^number of years

$28,500 = Present value × (1 + 0.087)^14

Present value= $28,500 ÷ 1.087^14

Present value= $28,500 ÷3.21524163645

Present value=$8,864.03

Third step

Deposit today=-$8,864.03-$7,043.25

Deposit today= $1,820.78

Inconclusion how much less than your brother will you have to deposit today is $1,820.78.

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why is international employment important​

Answers

The importance of foreign employment are:
1) Country can get lots of foreign currency as the remittance which can be used to establish industries in the country
2) People who go work overseas to work can learn different skills and technology which can be beneficial for the development for our own country

Harper Motors sells 32 cars per month at an average price of $24,360. The carrying cost per car is $144 and the fixed order cost is $687. How many orders should the company place per year

Answers

The number of orders that the company should place per year is 6.34 orders.

Economic order quantity (EOQ) = (2* yearly demand*per order fixed cost/carrying cost per unit)^(1/2)

Economic order quantity (EOQ) = (2*(32*12)*687/144)^(1/2)

Economic order quantity (EOQ) = (2*384*4.7708)^(1/2)

Economic order quantity (EOQ) = 60.530772339

Economic order quantity (EOQ) = 60.53

Number of orders to be placed = Yearly demand / EOQ

Number of orders to be placed = (32*12)/60.53

Number of orders to be placed = 6.3439616719

Number of orders to be placed = 6.34 orders.

Therefore, the number of orders that the company should place per year is 6.34 orders.

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- identify changes and trends as a source of new enterprise ideas

Answers

Changes and trends are sources of new enterprise ideas. An example can be found in the advent of technology. The advent of internet-enabled devices has led to the growth of internet service providers. The use of headphones, Bluetooth devices, and other accessories has been borne because of new technologies that were not available some fifty years ago.

Changes in trends can lead to the birth of new businesses. Changes in weather condition that pose the risk of skin damage has led to the popularization of sunblocks.

Internet-enabled devices have also led to the introduction of enterprises that deal with gadgets accesories.

These examples show that changes and trends are sources of new enterprise ideas.

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Business writing must be clear and specific instead of vague, pretentious, or
to the reader.
A.familiar
B.simple
C.understandable
D.unfamiliar

Answers

D unfamiliar c c c c cc’s

The value proposition is____

Answers

Answer:

A value proposition states the: specific benefits a product or service offering provides to a buyer.

Explanation:


A value proposition states the: specific benefits a product or service offering provides to a buyer.

Summarize the relationship between knowledge and skill and the level of wages in the labor
market
?

Answers

Answer:

The relationship between knowledge and skill is easy to explain. If you have the knowledge (college degree) then companies will probably hire them because even if they don't have the skill, they are credible and can still be taught. Someone with skill but no degree is viewed as not as valuable.

Explanation:

Just as in any market, the price of labor, the wage rate, is determined by the intersection of supply and demand. When the supply of labor increases the equilibrium price falls, and when the demand for labor increases the equilibrium price rises.

Once an online catalog is in place, there are high costs in maintaining and accessing it.

True

False

Answers

Answer:

False, once an online catalog is in place, there is little cost in maintaining it

Which of the following is not a product design objective? Make the design easy to track for cost accounting purposes. Design a quality product. Design a product that meets customer requirements. Minimize production costs.

Answers

Amongst the options provided in the question, "Make the design easy to track for cost accounting purposes" only is not a product design objective.

Product Design

It is a process that requires cross-functional and knowledge-intensive work, which has become more demanding in today's competitive world.

It is set as one of the key strategies firms need to succeed in the market. These firms develop unique products using this process, as it provides them with the opportunity to set premium prices due to the uniqueness of the product.

Product Design Objective

For this process to succeed, the objective of the product design is, therefore, to produce goods or services with high quality, keeping the prices of the materials and the methods required to produce them at an acceptably low cost. Finally, the product must be competitive in the market in terms of its price, quality, design, and functionality. Thus making it meet the customer needs/wants.

Hence, the only point "Make the design easy to track for cost accounting purposes" is not a product design objective.

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In the long-run, the supply of high-skill is perfectly elastic.

Select one:
True
False

Answers

Answer:

im almost postive is true

Explanation:

Which strategy for managing quality relies on input from employees, suppliers and customers

Answers

Answer:

total quality management (tqm)

Explanation:

hope it helps you

On January 1, Year 2, Kincaid Company's Accounts Receivable and the Allowance for Doubtful Accounts carried balances of $31,000 and $500, respectively. During Year 2, Kincaid reported $72,500 of credit sales, wrote off $550 of receivables as uncollectible, and collected cash from receivables amounting to $74,550. Kincaid estimates that it will be unable to collect one percent (1%) of credit sales.
What effect will recognizing the uncollectible accounts expense for Year 2 have on the elements of the financial statements?
a) Increase total assets and retained earnings
b) Decrease total assets and increase retained earnings
c) Decrease total assets and net income
d) Increase total assets and decrease net income

Answers

D Increase total assets and decrease net income

As a result of the uncollectible accounts being recognized in Year 2, there will be a c) Decrease in total assets and net income.

What would recognizing the uncollectible accounts do?

When uncollectible accounts are recognized, it means that the accounts receivables will reduce. This will therefore reduce total assets.

The uncollectible accounts will also be recognized as expenses and sent to the profit and loss account which would have the effect of reducing the net income.

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The buyer and seller agreed to a purchase price of $310,500. The buyer received an 80% loan. How much was the buyer's loan and how did it appear on the settlement statement

Answers

Answer:

4 $ 248,400. Credit the buyer only.

One of the benefits to lenders from the secondary mortgage markets is that they tend to raise the interest rate charged to borrowers. Group of answer choices True False

Answers

Answer:

true

Explanation:

the mortgage is riskier for the lender as the first mortgage takes priority and getting paid off in a foreclosure

Which of the following financial statements is also called a profit and loss statement?

Answers

Answer:

Also known as the profit and loss statement or the statement of revenue and expense, the income statement primarily focuses on the company's revenues and expenses during a particular period.

define rent-seeking and show how it is related to elasticity​

Answers

Answer:

What Is Rent Seeking?

Rent seeking (or rent-seeking) is an economic concept that occurs when an entity seeks to gain added wealth without any reciprocal contribution of productivity. Typically, it revolves around government-funded social services and social service programs.

Key takeaways

Rent seeking is an economic concept that occurs when an entity seeks to gain wealth without any reciprocal contribution of productivity.The term rent in rent seeking is based on the economic definition of “rent,” which is defined as economic wealth obtained through shrewd or potentially manipulative use of resources.An example of rent seeking is when a company lobbies the government for grants, subsidies, or tariff protection.Rent seeking comes in many forms from lobbying or donating funds.For example, if you donate money but write it off on your taxes, it could be considered a form of rent seeking.

 

You have a great idea for a business and are excited to get to work. You come across a similar business when doing searches online. Which of the following is the only thing you should NOT do at this information?
A. Learn what they did well and integrate aspects of it
B. Learn ways they haven’t been doing well to know what to avoid
C. Understand how to differentiate your business
D. Change your idea since it’s already being done

Answers

Answer:

I think ,it`s D.

Explanation:

Everyone has his own view on something  ,in particular business .Why should you change your idea ? Who knows maybe you are   the next Einstein who can find a diamond in a desert ?

Joseph (43) and Azalea (44) are married with no dependents. They will file separate returns for 2020. Joseph files his return first and claims total itemized deductions of $22,500. If Azalea chooses to claim the standard deduction on her return, what is the maximum amount she may claim

Answers

Since Azalea chooses to claim the standard deduction on her return,then, the maximum amount she may claim is $0.

In filing, a married couples who are filling separate returns should claim the same deduction.

If one of them claimed an Itemized deduction, then, the other should claim the same for the expenses paid separately. If one of them claimed a itemized deduction then, the other would get a standard Deduction of Zero.

In conclusion, Since Azalea chooses to claim the standard deduction on her return,then, the maximum amount she may claim is $0.

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The best answer to both the flatness and horizon problems is Group of answer choices dark energy. the inflationary epoch. decoupling. the Steady State Theory. the GUT theory.

Answers

It should be noted that best answer to both the flatness and horizon problems is inflationary epoch.

The inflationary epoch van be regarded as the period in the evolution of the early universe, at this period there was an expansion.

According to inflation theory, the earth were recorded to experience great horizon problems and exponential expansion.

Therefore, inflationary epoch brings about both flatness and horizon problems

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Question 4
What is the main risk posed by pests in the operation?
SELECT ONE
a
Cross-contact
b Chemical contamination
C Temperature abuse
d Biological contamination

Answers

The main risk posed by pests when it comes to food is that of d. Biological contamination

Pests are very bad for food because:

They can infect it with faces They can infect the food with dangerous pathogens

Fetal contamination and bacterial (pathogenic) infections are examples of biological contamination.

We can therefore conclude that pests are more likely than not, to pose a risk of biological contamination.

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Which type of savings plan offers the lowest interest rate?
O A. Checking account
O B. Savings account
O c. Certificate of deposit
O D. Money market account

Answers

Answer:

Answer to your question is savings account.

Explanation:

A savings account provides the lowest interest rates.

The Savings account type of savings plan offers the lowest interest rate.

What are accounts?

Accounting is not pure mathematics. Simple multiplication, division, and addition are involved. There might be a little elementary algebra, but that's it. You are not required to comprehend calculus.

For accountants, mathematics is a crucial tool. Accounting professionals who possess a strong mathematical foundation can conduct financial analysis and make wise decisions at work. Accounting professionals must be able to understand and apply mathematical ideas like geometry, algebra, and statistics.

The interest rates on basic bank savings accounts are the lowest, typically less than 1%. They have few limitations on how you can access your money, and typically there are no minimum balance requirements. These accounts connected to physical banks can also be accessed online.

Therefore, Thus option (B) is correct.

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what sources could be used to evaluate performance of people working in the following jobs:
Sales representative
TV repairer
Nursing Director at Hospital
HR Manager
Air Traffic Controller

Answers

Nursing director at hospital

Sources could be used to evaluate the performance of people working in the following jobs?

The correct answer is Option A. Sales representative

What are the duties of a sales representative?

Sales reps are responsible for selling products and meeting customer needs while receiving orders from existing or potential retailers. They ensure that customers are satisfied and properly cared for at the time of purchase. This allows you to set up a new account for your employer.

This job requires impeccable soft sales skills such as strong communication skills, organizational skills, and problem-solving skills, as well as deep technical knowledge of products, businesses, and industries.

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If disposable income increases, people will decide to ________ saving, the supply of loanable funds will ________ and the real interest rate will ________.

Answers

The answer would be decrease, decrease, rise. Hope this helps! <3

The higher the risk associated with a bond, the _______ (more/less) likely a corporation might be to pay an investor back. Interest rates for riskier bonds tend to be ______ (higher/lower) so that investors are ______ (more/less) willing to invest.
BONUS: A riskier bond usually comes from a corporation that has a ______ (low/high) credit rating.

Answers

Less, higher, less. Sorry if I’m wrong!!

How old does a senator have to be?

Answers

Answer:

Article 58.- To be a senator, the same requirements are required as to be a deputy, except age, which will be 25 years old on the day of the election.

Explanation:

and i'm mexican

to be a senate you have to be at least thirty years old

1. What is the relationship between employment and education? Explain.​

Answers

Explanation:

I don't know sore

sorry broo plz.

Horizontal Analysis of Income Statement For 20Y2, McDade Company reported a decline in net income. At the end of the year, T. Burrows, the president, is presented with the following condensed comparative income statement:
McDade Company Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2 20Y1 Sales $ 16,800,000 $ 15,000,000 Cost of goods sold (11,500,000) (10,000,000) Gross profit $ 5,300,000 $ 5,000,000 Selling expenses $ (1,770,000) $ (1,500,000) Administrative expenses (1,220,000) (1,000,000) Total operating expenses $ (2,990,000) $ (2,500,000) Operating income $ 2,310,000 $ 2,500,000 Other revenue 256,950 225,000 Income before income tax expense $ 2,566,950 $ 2,725,000 Income tax expense (1,413,000) (1,500,000) Net income $ 1,153,950 $ 1,225,000
1. Prepare a comparative income statement with horizontal analysis for the two-year period, using 20Y1 as the base year. Use the minus sign to indicate an amount or percent decrease. If required, round percentages to one decimal place.
2. To the extent the data permit, comment on the significant relationships revealed by the horizontal analysis prepared in (1).

Answers

1. The calculation of the horizontal analysis of McDade Company's Comparative Income Statement for the Years Ended December 31, 20Y2 and 20Y1 is as follows:

                                                                      20Y2      %                20Y1        %

Sales                                                   $16,800,000   112%  $ 15,000,000 100%

Cost of goods sold                              (11,500,000)  115%    (10,000,000) 100%

Gross profit                                         $ 5,300,000 106%  $ 5,000,000   100%

Selling expenses                                $ (1,770,000) 118% $ (1,500,000)  100%

Administrative expenses                      (1,220,000) 122%    (1,000,000)  100%

Total operating expenses                 $(2,990,000) 120% $(2,500,000)  100%

Operating income                                $2,310,000  92%   $2,500,000   100%

Other revenue                                          256,950  114%         225,000   100%

Income before income tax expense $2,566,950  94%    $2,725,000   100%

Income tax expense                              (1,413,000) 94%     (1,500,000)   100%

Net income                                          $ 1,153,950  94%   $ 1,225,000    100%

The calculation of the Trend Analysis, with two examples is as follows:

Sales = 112% ($16,800,000/$15,000,000 x 100%)

Cost of goods sold = 115% ($11,500,000/$10,000,000 x 100%)

2. The significant relationships revealed by this horizontal analysis showed that sales revenue and gross profit increased by 12% and 6% respectively from 20Y1's figure, this increase did not translate into increased net income.  Instead, the net income decreased by 6% in 20Y2 as a result of increased operating expenses, which witnessed a 20% increase.

Thus, The horizontal analysis of McDade Company's comparative income statement involves the calculation of percentage changes from 20Y1 to the 20Y2.  The dollar amount changes can also be calculated.

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In terms of measuring and validating supply savings: Group of answer choices static markets, technologies, and volumes facilitate the process. there is a universal definition of supply savings. information systems easily capture savings. in many cases there is an inability to convert savings into profit.

Answers

It should be noted that in terms of measuring and validating supply savings, in many cases there is an inability to convert savings into profit.

It should be noted that an accurate measurement of cost savings is easier said than done in the supply chain. Despite this, learning how to address the measurement is vital for the competitiveness of a company.

Therefore, in terms of measuring and validating supply savings, in many cases there is an inability to convert savings into profit. Addressing the measurement and reporting the challenges is vital for the profitability of a business.

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Help Plsss Ill give brainlest

Danielle is a cosmetologist who specializes in hair color. What skill might benefit Danielle in her career?

Question 10 options:

Danielle enjoys working alone.


Danielle likes math and solving puzzles.


Danielle is friendly and outgoing.


Danielle is competitive and likes sports.

Answers

Answer: Danielle is friendly and outgoing

Explanation: she works with other people and specializes on people’s hair color
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