what aicpa standards does the service auditor use to conduct the soc 1 engagement and render an opinion?

Answers

Answer 1

It is appropriate to report on controls at a service organization relevant to user entities internal controls over financial reporting using the SOC 1 attestation, which has replaced SAS 70.

What occurs if a company does a SoC audit without having a CPA certification?

A company that does a SOC audit but is not a CPA firm is not permitted to express an opinion regarding the information contained in the Description of Services and Results of Testing.

What SOC 1 and SOC 2 requirements does the AICPA have?

When offering auditing and other attestation services, such a SOC 1 or SOC 2 examination, an AICPA member "in the public practice should be independent in fact and appearance."

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Related Questions

I know this is impossible but can you guys help? Doesn’t have to use fancy words and doesn’t have to be long, I’m not English native speaker but I have to
Don’t use all the words if it’s too difficult

I know this is impossible but can you guys help? Doesnt have to use fancy words and doesnt have to be

Answers

Answer:

sorry I didn't see your question

Explanation:

very very sorry for my information

a company introduces a new technology product to the market. it sets the product’s price at the highest price it thinks customers will pay. which type of pricing strategy is the company using?

Answers

Answer:

Skim pricing is the correct answer.

Explanation:

tell me about a challenge or conflict you've faced at work, and how you dealt with it.

Answers

In general, challenges and conflicts are inevitable in any workplace. It's essential to have effective communication, a positive attitude, and problem-solving skills to handle them successfully.

It's important to identify the root cause of the problem, listen to all perspectives, and brainstorm possible solutions. Then, select the best course of action and communicate the decision to all parties involved. It's crucial to remain professional, respectful, and calm during the process, even in difficult situations. Ultimately, it's about finding a win-win solution that benefits everyone involved.
 To deal with this challenge, I use advanced algorithms and natural language processing techniques to understand the context and provide the most relevant and accurate answer possible. Additionally, I continually learn and improve my knowledge base to provide better responses over time.

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Education Career Video Assignment
In order to complete this assignment, you must first watch at least 3 of the 5 videos that are in the course under MODULE 3.01. After you have watched them, answer the following questions about 3 of the 5 jobs you learned about. Once you are finished save your file. Then upload it to the Education Careers Video Assignment dropbox.

Name:
Video #1
1. What is the job title?

2. Where do people with this career go to work?

3. What education do you need for this career?

4. Why did you choose this career?

Video #2

1. What is the job title?

2. Where do people with this career go to work?


3. What education do you need for this career?


4. Why did you choose this career?


Video #3
1. What is the job title?

2. Where do people with this career go to work?

3. What education do you need for this career?

4. Why did you choose this career?

Answers

Where are the links to the videos?
What’s the video? And do you need help with all questions?

If there is a price ceiling of $7.50, the difference between the price consumers have to pay and the highest price that they are willing to pay is, in numerals, $_____.

Answers

The difference between the price consumers have to pay and the highest price they are willing to pay is $0. If there is a price cap of $7.50, then consumers may not pay more than that amount. So they are unable to pay the amount they are willing to pay, which is usually higher than the price cap.

Price caps are in place to prevent prices from rising too much. The aim is to set a maximum price that cannot be exceeded to protect consumers from being charged too much for goods or services. This helps ensure that prices remain affordable for consumers and are not abused by businesses. As a result, when a price ceiling is set, consumers must pay the same amount as the price ceiling, and the difference between the price consumers must pay and the highest price they are willing to pay is $0.

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maxwell has a life insurance policy with a face value of $250,000 and a cash value of $77,000. maxwell was killed in an auto accident shortly after borrowing $56,000 from this policy. assuming interest had been paid but no principal was repaid, how much would maxwell's beneficiary receive?

Answers

Maxwell's beneficiary would receive $194,000.

The face value, commonly referred to as the death benefit, of a permanent life insurance policy, exists. The beneficiaries of the policy owner will get this sum of money in the event that the insured passes away. An insurance policy's price is directly inversely correlated to its face value: the more the premium payment, the greater the death benefit it will purchase. An insurance policy will specify its original face value on the document itself.

Given in question,

Face value =  $250,000

Cash value = $77,000

Borrowed Money =  $56,000

Money left = 250000 - 56000

                = 194000

Hence, Maxwell's beneficiary would receive $194,000.

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7. Why do you think the graduation and retention rates for your selected colleges are displayed at the bottom of

the SAR? How might that information impact your college selection process?


Please I need help I speak little English

Answers

Answer:

It is on the bottom so you can compare the graduation and retention percentages all together and choose one together.

Explanation:

Because what if the college you want has low graduation rates, that would be bad for you, so by including it on the bottom, you calook at them all together and choose the best for you.

The graduation and retention rates are displayed at the bottom of the Students Aid Report in order to

The Students Aid Report refers to the document that gives a student the basic information that will be vital on knowing the eligibility for the Federal financial aid.

The graduation rate is important as it helps the student to know the quality of the school. It is also vital as it helps the person in knowing the number of students who finish their degrees as at when due.

With the graduation and retention rates for the colleges displayed at the bottom of  the Students Aid Report, students can make right choices about the schools.

In conclusion, with the above information, the student can then choose the best school that he believes will be good for him or her.

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Devon was surprised that his pay check was less than he had expected. His
paycheck was reduced because
had been withheld by his employer.
OA. incentives
B. commissions
C. gross pay
OD. deductions

Answers

The answer is C. Gross pay. Devon's paycheck was reduced because it had been withheld by his employer as gross payment.

"Gross pay" mean?

Before any taxes, benefits, or other payroll deductions are done , an employee's gross salary is what they are paid. Net pay, often known as take-home pay, is the amount that is given after all withholdings have been taken into consideration.

Calculate my gross pay?

Start by determining the total amount need for each pay period in order to see an employee's gross compensation. Hourly workers multiply their total hours worked by their hourly rate, plus any overtime. Employees on a salary split their yearly earnings by the number of pay periods.

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A company’s code of conduct is likely to include rules on
A. hourly pay
B. processes for handing outside contractors
C. personal use of company confidentiality agreement

Answers

Answer:

C. personal use of company confidentiality agreement

Answer:

c for sure

Explanation:

thats one of the main things especially if you work in the healthcare industry.

HIPAA is extremely important... invasion of provacy or violating the act can set you into jail

¿Cómo harías el marketing de tu producto?​

Answers

Answer:

postearlo en redes sociales

Explanation:

Answer:

I don't understand

Explanation:

I don't know

An innovative business idea that no one has never had

Answers

An innovative business idea that no one has never had is Offering virtual assistance to other businesses.

What is innovative business idea ?

innovative business idea can be described as an idea in business that cn be developed so that it can be a way to earn a living by providing the services or the goods to the consumer.

It should be noted that this innovation can be the one that no one has ever done or the modification of the one that has been in exisitence, however providing the virtual assistance serves as one of the innovation in business that can ring profit.

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Complete question:

State An innovative business idea that no one has never had

A fishery with populations well below historic levels that has reduced reproductive capacity is called ___________.

Answers

Answer: depleted

Explanation:

A fishery with populations well below historic levels that has reduced reproductive capacity is called depleted.

It should be noted that depletion in fishery occurs due to overfishing by individuals or in certain situations when the waster from companies are poured into rivers or seas which affects the survival of the fishes. This will lead to their reduction in the long run.

PLZ HELP EXTRA POINTS!!!
Without freedom of expression ____.

A. Congress would have too much power
B. democracy could not exist
C. all kinds of unpopular ideas would become popular
D. the result would be a utopia

Answers

Answer:

A. Congress would have too much power

Explanation: I hope this helps :)


How do you assess the WTO as the core IGO that forms the
international trading regime? Is the WTO an effective IGO? If not,
why?

Answers

WTO more effective and responsive to the needs of all its members

The World Trade Organization (WTO) is the principal international institution responsible for developing, administering, and supervising the rules governing international trade.

The WTO has 164 members and is headquartered in Geneva, Switzerland, with a staff of about 640 people.

The WTO has had a significant impact on international trade since its creation in 1995. It has been the primary forum for negotiating and implementing multilateral trade agreements, such as the General Agreement on Tariffs and Trade (GATT) and the Uruguay Round Agreement, which resulted in the creation of the WTO.

The WTO has three primary functions: it provides a forum for negotiating and implementing multilateral trade agreements, it monitors and enforces compliance with these agreements, and it provides a platform for resolving trade disputes between its members. It has established a dispute settlement mechanism that has been used to resolve over 150 disputes between its members.

The WTO has also been criticized for being ineffective in achieving its goals and for not addressing important issues such as labor standards and environmental protection. Some argue that the organization is dominated by wealthy nations and multinational corporations, and that it prioritizes the interests of these groups over those of developing nations and the environment. Others argue that the organization has become overly bureaucratic and that its decision-making processes are slow and opaque.

Despite these criticisms, the WTO remains an important international institution for regulating and promoting international trade. Its role in promoting economic growth and development has been significant, and it has helped to reduce trade barriers and increase trade flows between its members. However, there is still much work to be done to make the WTO more effective and responsive to the needs of all its members.

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The Colvilles are buying a new car. The cash price is $35,000.00. They will make a down payment of 20% or $5,000. The balance will be covered by an installment loan. The loan will be repaid in 48 monthly payments of $651. The annual percentage rate for the loan is ____

%. (Round your answers to two decimal places.)

Answers

1.07% will be the Annual Percentage for the Colvilles.

What is a payment?

A payment is when one entity voluntarily offers wealth, its counterpart, or other valuables to someone else in consideration of the other campaign's products or services, to satisfy a contractual obligation or both.

The cash price of Colvilles for buying is $35,000.00

The down payment will be 20% or $5,000

The number of months with which the loan will be repaid = 48 monthly payment

Monthly payments are $651

The balance on the loan = 35,000.00 - 5,000

= 30,000

The interest paid over the life of the loan  = per month payment × time period - Payment

Loan = 651 × 48 - 30,000 = 1,284

The Annual Percentage Rate will be

= \((\frac{128}{30000*48}) *12 *100\\\)

=  1.07%

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Explain Jodi's self esteem throughout Tall Girl? Movie

Answers

Answer:

Poor

Explanation:

Jodi is very self-concious about her height. She thinks that it makes her different than other "normal" people among her peers, or even inferior to more feminine, smaller girls.

Answer:

Explanation:

'Tall Girl' Review: A Ridiculous Take on the Teenage Self-Love Narrative ... This week, we gave our group of interns a challenge: pick a movie from ... narrates Jodi (Ava Michelle) as she towers over a high school hallway in Tall Girl. ... Pain is relative, but Tall Girl treats Jodi's height as if it were the end-all,

Type the correct answer in the box. Spell all words correctly.
Complete the sentence with the correct word.
Mia likes to write books during her
free time. At present, three of her books have been
published and sold around the world.
The income received
from selling her
books is an example c
income.
Reset
Next

Answers

The income received from selling her books is an example of passive income.

Income is split up into three categories by the IRS in the US: active income, passive income, and portfolio income.

What is passive income?A sort of unearned income known as passive income is one that is automatically acquired and requires little to no work to retain. It frequently goes hand in hand with another revenue stream, like a second job. A taxable acquired income, passive income is derived from capital gains or has a connection to the tax deduction system.Examples of passive income include producing books, recording music, selling digital goods, and generating other items that generate money. Investing. capital gains through asset investments.Investing in dividend stocks is one of the simplest passive income strategies available. When you buy a dividend stock, you support a company's operations while also getting regular returns on your investment. Progressive passive income is described as such when the earner puts minimal effort into increasing the revenue.

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When it comes to investing, what is the best approach to very optimistic and big news about a new company? (5 points)
a
Invest right away; trust the news.
Caution; research the company first.
O Invest a large amount through a financial advisor.
Contact the company to obtain information.

Answers

Answer:

caution research company first

Explanation:

safest option

What federal laws protects you if you have a complaint regarding consumer credit?

Answers

Answer: The Consumer Credit Protection Act (CCPA)

Explanation:

In 1968, The Consumer Credit Protection Act was enacted was enacted so that people would only received fair credit practices and also to protect the consumers from harm

According to the CCPA, the total cost that is involved with regards to a loan must be disclosed. Therefore, the federal laws that protects you if you have a complaint regarding consumer credit is The Consumer Credit Protection Act (CCPA).

To maximize profit firms always work to produce where

A) the price is best suited to enable the company to thrive


B) their marginal costs are at least equal to their marginal revenues


C) total revenue is equal to total costs


D) their profits equal their revenues

Answers

To maximize profit firms always work to produce where the price is best suited to enable the company to thrive. Thus, option A is correct.

What is profit?

The revenue generated from selling a good is referred to as profitability, and it must exceed the cost of the good. In other terms, a gain from just about any commercial enterprise constitutes a profit.

The maximum amount of profit of the company can easily make sure that the price that they are putting forward is suitable for every person. And with that, they also need to ensure that they can earn profit in that situation.

Therefore, option A is the correct option.

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venta al contado de mercancia por $2.300.000=; iva: 19%: cual de las siguientes cuentas no corresponde
a. de mercancia
b. comercio al por mayor y por menor
c. iva
d. caja

Answers

Answer:

La cuenta que no corresponde al registro contable planteado es la B, comercio al por mayor y por menor.

Esto es así porque, al realizarse una venta al contado de mercancía por $2.300.000, con un IVA adicional del 19%, se están entregando mercancías, con lo cual se registra dicha salida de productos en el debe (opción A), ingresa un dinero correspondiente a IVA (opción C), y a su vez ingresa un monto de dinero que engrosará la caja del comercio, registrándose en el haber (opción D).

how does increase in productivity result in decrease in cost of production?
please give me a simple answer

Answers

Answer:

Explanation:

say you buy a machine that cost 1 million dollars. The more products you produce with that machine, the cheaper the production cost is.

You just received your financial aid offer and you see that you’ve been offered a Direct Subsidized Loan and a Direct Unsubsidized Loan. Assuming you accept both loans, explain how interest is handled differently between these two types of loans and how that can impact your monthly payments.

Answers

The way that interest is handled in Direct Subsidized Loan and a Direct Unsubsidized Loan is that:

Interest accrues (additionally) on loans with daily interest every day. You are not liable for paying the interest that accrues while you are in school if your loans are subsidized. Even when you're in school, if your loans are unsubsidized, you're still responsible for paying all accumulated interest.

While you are enrolled in school at least half-time or even during deferment periods, interest on your subsidized loans does not accrue.

Have interest-bearing loans, subsidized or unsubsidized?

Subsidized loans clearly prevail when compared to unsubsidized loans. A subsidized loan will save you money throughout the course of the loan if you are eligible for one. You will pay less in interest costs. Nevertheless, not everyone will be eligible for a subsidized loan.

While enrolled at least half-time in school or during deferment periods, interest is not charged on subsidized loans. Loans that aren't based on financial need are known as unsubsidized loans, and they are available to both undergraduate and graduate students.

Therefore, with the use of a subsidized direct loan, the lender or government (for Federal Direct Subsidized Loans, also known as Subsidized Stafford Loans) pays your interest while you're in school (a minimum of one year).

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Givens:
A profit-maximizing firm faces the following total cost when it produces units of output: C: 162q2, assuming w= 81, r = 81, A = 1 and = 9 = K-25+ L-25.
• Consequently, marginal cost when it produces units of output is: MC324q.
Baseline Scenario: For each unit of output, the firm can charge customers a market price of $8,100. New Scenario: For each unit of output, the firm can charge customers a
market price of $16,200.
Equation Description: A firm is attempting to maximize profit by selecting an output level. When it produces output, total cost equals the product of two terms: the first term is 162; and, the second term is the output level squared. Underlying this total cost function is the assumption that the wage rate is $81 per unit of labor; the rental rate is $81 per unit of capital; the technology parameter is 1; and, the production function is units of capital raised to the .25 power multiplied by units of labor raised to the .25 power. Marginal cost equals 324 times the output level. For a baseline scenario, a firm can charge customers the market price of $8,100 for 6-h unit of output produced. For a new scenario, a firm can charge customers a higher market $16,200 for each unit of output produced.
Question: For the baseline scenario, and assuming perfect competition, how much profit will the firm earn?
O $405,000
$202,500
O $101,250

Answers

For the baseline scenario, the total cost of producing output, q is given as C = 162q². Therefore, the average cost (AC) can be calculated by dividing the total cost by the output level as:

AC = C/q = 162q/ q = 162

The marginal revenue (MR) equals the price, which is $8100, since the firm is assumed to be a price-taker in a perfectly competitive market. Therefore, MC = MR = $8100 (for the baseline scenario).

The firm will produce where MC = MR, thus: MC = 324q = $8100q

Hence, the output level is: q = $8100/324 = 25

Substituting the value of q into the total cost equation, C = 162q² = 162(25)² = $101,250.

Therefore, the total revenue (TR) is: TR = p * q = $8100 * 25 = $202,500

Thus, the profit made by the firm is:π = TR - C = $202,500 - $101,250 = $101,250

Therefore, the answer is: $101,250.

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help me plzzz

true or false

1.negotiating styles have been standardized in international markets
2.political risk refers to political decisions, conditions, events or activities in a country business climate​

Answers

Answer:
1.false
2.true

so whos gonna help me with my family and consumer science finals :/

Answers

that’s a great question. i need help with my finals too so i really couldn’t say

the tactic used for the socialization of terrorists and torturers where trivial requests are gradually worked up to more significant demands is known as the _____ technique.

Answers

the tactic used for the socialization of terrorists and torturers where trivial requests are gradually worked up to more significant demands is known as the Graduated Pressure technique.

Here, correct answer will be

The Graduated Pressure technique is a tactic used for the socialization of terrorists and torturers.

It is an attempt to gradually gain compliance by starting with a series of small, trivial requests, and then gradually working up to more significant demands. This technique relies on the idea that people, especially those who may be more resistant to authority, respond better to gradually increasing requests than to sudden, large demands.

This technique is designed to increase the likelihood of compliance by making the requests more palatable and easier to follow. As the requests increase in size and intensity, the pressure on the target increases, making it more likely that they will comply.

This technique is seen as a way to socially "condition" individuals to obey authority, or to accept certain beliefs or behaviour . It is often used in situations where there is a high degree of resistance to authority, and can be used to gain information from those who may be reluctant to disclose it.

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If the assets of a business stay the same from one month to the next and the liabilities increase, the
owner's equity will decrease.
True
False

Answers

Falseeeee is the answer

If a loan was repaid by monthly payments of $9320.00 in 7.5 years at 6.15% compounded semi-annually, how much interest was paid?

Answers

To calculate the interest paid on a loan, we need to subtract the original principal amount from the total amount repaid. The total amount repaid can be calculated by multiplying the monthly payment by the number of payments.

First, we need to calculate the total number of payments made over the 7.5-year period. Since there are 12 months in a year, the total number of payments will be 7.5 years multiplied by 12 months, which equals 90 payments.

Next, we calculate the total amount repaid:

Total amount repaid = Monthly payment x Number of payments

Total amount repaid = $9320.00 x 90

Total amount repaid = $838,800.00

The original principal amount can be calculated using the present value formula for an ordinary annuity. Given the interest rate of 6.15% compounded semi-annually, the time period of 7.5 years can be split into 15 semi-annual periods.

Using the formula for the present value of an ordinary annuity:

PV = PMT x [(1 - (1 + r)^(-n)) / r]

Where:

PV = Present value or original principal amount

PMT = Payment amount per period

r = Interest rate per period

n = Total number of periods

Plugging in the values:

PV = $9320.00 x [(1 - (1 + 0.0615/2)^(-15*2)) / (0.0615/2)]

PV = $9320.00 x [(1 - (1 + 0.03075)^(-30)) / 0.03075]

PV ≈ $572,530.99

Now, we can calculate the interest paid by subtracting the original principal amount from the total amount repaid:

Interest paid = Total amount repaid - Original principal amount

Interest paid = $838,800.00 - $572,530.99

Interest paid ≈ $266,269.01

Therefore, the amount of interest paid on the loan is approximately $266,269.01.

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4. To promote diversity, companies actively seek and promote individuals in all of the following areas
except
1. educational levels.
2.ages
3. Races
4. National origins

Answers

Answer:

1.

Explanation:

Educational levels cannot be diversified depending on the position, many require a minimum level of education to properly conduct job functions.

Other Questions
ideas to reduce crime in dangerous places like urban areas? these are the bright hot centers of active galaxies, usually associated with bipolar jets of material being ejected from the center at speeds approaching half the speed of light. 2. For each pair of variables, identify which is the independent and which is the dependent variable. a. How much gas is left in the gas tank vs. how far the car has traveled b. How much money you've spent vs. how much money is in your wallet c. How far a toy car traveled vs. how much time went by Lindsay needs to purchase a car. The car she is planning on purchasing costs $15,000 and she has $2,000 that she will be using as a down payment. She is offered credit terms of 3% APR for a term of 2 years. Please calculate the following: A. To purchase the car, what is the dollar amount that Lindsay will need to finance? B. In one year, what is the dollar amount of interest that Lindsay will pay on the loan? C. In two years, in order for Lindsay to finally OWN the car, what will the actual cost of the car be in dollars? (down payment+amount financed+2 years interest=actual cost of car) A rocket of mass M when empty carries a mass M of fuel. The rocket and fuel travel at speed v.The engine of the rocket is fired and all of the fuel is expelled. The speed of the rocket increasesto 2v.What happens to the kinetic energy of the rocket?A It doubles.B It halves.C It increases by a factor of four.D It stays the same. Jesus instructions to his disciples are unrealistic in todays society(Agree and Disagree point) bipolarity is an example of a(n): group of answer choices untreatable illness contested illness withdrawn illness stigmatized illness which of the following is the best example of sustainable consumption? group of answer choices constructing a small house on farmland on the edge of town and carpooling to work. flying to the bahamas for a weekend getaway. preparing a meal at home with food bought at the local farmers market. purchasing five pairs of shoes at a local minority owned business. help please!!! will mark brainliest Find the exact length of the given parametric curve.X= t-3t^3,y = 3t^2 ,0 < t The poets use of imagery in the poem ""Porphyrias Lover"". Is it effective? why? Give specific examples of how imagery creates mood. Which number indicates neutral on a pH scale?A) 1B) 3C) 5D) 7E) 9 Suppose that COP and TOD are vertical angles, m COP = 11x - 17and m TOD = 9x + 11.Determine the Measure of CODDetermine the measure of POT Remove all perfect squares from inside the square root.[tex]\sqrt180[/tex] what disease can be described as a softening of the cartilage of the kneecap? What is the ph of a koh solution that has [h ] = 1.87 1013 m? round to the nearest tenth. what is the poh of a koh solution that has [oh] = 5.81 103m? round to the nearest hundredth. what is the ph of a solution of nacl that has [h ] = 1.00 107 m? round to the nearest hundredth. Since Tony does not have PKU, what is the percent chance that he is a carrier a car accelerates from 12 m/sm/s to 22 m/sm/s in 6.2 ss . part a what was its acceleration assuming it is constant? express your answer using two significant figures. The speed of sound is 344 m/s. You have built a really fantastic car that can really go fast. If the car can accelerate at 22.4 m/s how much time till you reach the speed of sound? How many kilometers will you travel before you reach that speed? Add suffix to the following words and write them correctly 1. Desire +able =