If an asset's disposal value is greater than its current book value, a gain on disposal occurs

You work for an accounting firm, and one of your clients believes that your firm made a mistake on his company audit last year. You have been asked by your supervisor to review the audit and deliver information on your findings. The supervisor will use your report to determine whether the client is correct. What type of short informational report have you been asked to write?

An investigative report A summary A periodic report

What are the limits on transfer of ownership interests for an LLC?

What will be an ideal response?