The profession's ethical standards most likely are violated when a CPA represents that specific consulting services will be performed for a stated fee and it is apparent at the time of the representation that the
a. Actual fee would be substantially higher
b. Actual fee would be substantially lower than the fees charged by other CPAs for comparable services
c. CPA would not be independent
d. Fee was a competitive bid
Ans: a. Actual fee would be substantially higher
Business
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Factors that can affect pricing decisions include all of the following except
a) cost considerations. b) environment. c) pricing objectives. d) all of these are factors.
Business
Calculate the net marketing contribution variance, if the actual net marketing contribution and net marketing contribution estimated in the plan are $450,000 and $900,000, respectively. The actual percentage of market share is 25%
A) $450,000 B) $11,250 C) -$450,000 D) -$11,250 E) $225,000
Business