An accountant’s standard report on a compilation should state that the accountant: (a) has not audited or reviewed the accompanying financial statements.(b) obtained an understanding of the accounting practices in the client’s industry.(c) is not aware of any material modifications that should be made to the financial statements for them to conform with gaap.(d) is not responsible for disclosing errors, fraud, or illegal acts.

Seattle bank’s start-up division establishes new branch banks. each branch opens with three tellers. total teller cost per branch is $96,000 per year. the three tellers combined can process up to 90,000 customer transactions per year. if a branch does not attain a volume of at least 60,000 transactions during its first year of operations, it is closed. if the demand for services exceeds 90,000 transactions, an additional teller is hired and the branch is transferred from the start-up division to regular operations. required what is the relevant range of activity for new branch banks

For each of the following users of financial accounting information and managerial accounting information, specify whether the user would primarily use financial accounting information or managerial accounting information or both: 1. sec examiner 2. bookkeeping department 3. division controller 4. external auditor (public accounting firm) 5. loan officer at the company's bank 6. state tax agency auditor 7. board of directors 8. manager of the service department 9. wall street analyst 10. internal auditor 11. potential investors 12, current stockholders 13. reporter from the wall street journal 14. regional division managers

If springfield is operating at full employment who is working a. everyone b. about 96% of the workforce c. the entire work force d. the robots