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Question 1: Morales. a member in public practice. begins an engagement with Seagar Company by providing a fee estimate of 52.000. At the time that Morales gave the fee estimate to Seagar Company. he was aware that the fees that would be incurred and charged to Seagar Company would be substantially higher, closer to 510.000. Which of the following statements is correct about Morales' actions:
Option A) Morales' actions are perfectly acceptable in a highly competitive market for accounting services
Option B) Morales has done nothing wrong. It is up to the client to determine if a fee estimate is reasonable
Option C) Morales' actions would be considered false. misleading. or deceptive
Option D) Because the $2.000 estimate was just an estimate and not a promise. Morales has done nothing wrong.
matrix accounting pays all salaried employees biweekly. overtime pay is paid in the next biweekly period. matrix
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On January 1, 2011 Miller Corporation had retained earnings of $18,000. During 2010, Miller reported net income of $25,000, declared and paid dividends of $20,000, and issued stock for $10,000. What were Miller's retained earnings on December 31, ..
Use the Internet database to research career options within the accounting field and accounting job postings in your local area
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