Gracie, CPA, was engaged by a group of interested parties to apply agreed-upon procedures to financial data supplied by Modern Co, regarding Modern’s written assertion about its compliance with contractual requirements to pay royalties. Gracie’s report on these agreed upon procedures should contain an:.
a. Opinion about the effectiveness of Modern's internal control activities concerning royalty payments.
b. Disclaimer of opinion about the fair presentation of Modern's financial statements.
c. Acknowledgment that the sufficiency of the procedures is solely Gracie's responsibility.
d. List of the procedures performed (or reference thereto) and Gracie's findings.

What would you do as ceo to support the goals of japan airlines during the challenging economics that airlines face?

Mbo works by objectives moving through the organization; that is, top managers set general organizational objectives, which are translated into divisional objectives, which are translated into departmental objectives. the hierarchy ends in individual objectives set by each employee. this is an example of mbo working as objectives through the organization.

Suppose that fixed costs for a firm in the automobile industry (start-up costs of factories, capital equipment, and so on) are $5 billion and that variable costs are equal to $17,000 per finished automobile. because more firms increase competition in the market, the market price falls as more firms enter an automobile market, or specifically, , where n represents the number of firms in a market. assume that the initial size of the u. s. and the european automobile markets are 300 million and 533 million people, respectively. a. calculate the equilibrium number of firms in the u. s. and european automobile markets without trade. b. what is the equilibrium price of automobiles in the united states and europe if the automobile industry is closed to foreign trade? c. now suppose that the united states decides on free trade in automobiles with europe. the trade agreement with the europeans adds 533 million consumers to the automobile market, in addition to the 300 million in the united states. how many automobile firms will there be in the united states and europe combined? what will be the new equilibrium price of automobiles? d. why are prices in the united states different in (c) and (b)? are consumers better off with free trade? in what ways?