Name ________________ Section time _______________ ACC 321 – Quiz 1 PART I: Multiple choice‚ 3 points each. (Transfer your answers to the proper question on the answer sheet and fill in only one circle per question.) 1. Which of the following is NOT a major challenge facing the accounting profession? a. Non-GAAP earnings. b. Fair value measurement. c. Accounting for fixed assets. d. Forward-looking information. 2. The objective of financial reporting places most
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This document of ACC 490 Final Exam shows the solutions to the following problems: 1. Within the generally accepted auditing standards‚ the general standards relate primarily to 2. The essence of the due care? standards is that the auditor should not be quilty of 3) Gross negligence can best be defined as 4) Section 18 liability is relatively narrow in scope because it relates only to a false or misleading statement in documents "filed" with the 5) For a particular assertion
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ACC 444 Exam 1 Guide Summary of Questions (approximate): Topic # Multiple Choice Questions (2 pts each) Total Points Business Process Overview 9 Computer Fraud & Abuse 16 Internal Control Systems 25 Total # questions 50 100 Study Guide While there couldbe questions from other topics discussed in class‚ themain emphasis will be on the following subject matter: Business Process Overview The “transaction cycles” approach The data processing model Computer
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[pic] Proposal to RED HAT INFOCOM PRIVATE LIMITED For ISO Certification OFFICE #102‚ C-224‚ Paryavaran Complex‚ Saidulajab‚ New Delhi - 110030 Tel: +91-9871722331‚ +91-9891780188 Email: utkarsh@knowledgelender.net priyaank@knowledgelender.net Our Ref: KL/ISO/D-120001 22 Dec 2011 Mr. Hemant Gupta Director Red Hat Infocom Pvt Ltd Sub: Proposal for ISO 9001:2008 Certification Dear Mr. Hemant Gupta‚ This is in reference
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evidence 4. Evaluate the evidence and decide whether management assertions correspond to reality and GAAP - Objectivity – an objective state of mind – intellectual honesty and impartiality. Having a lack of bias in designing and performing the audit work. - Due professional care – observance of the rules of professional ethics and CAS. Doing the work to the best of your ability Examination standards - Planning and supervising - Understanding the system on internal control of the
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AN ORGANISATIONAL STUDY Conducted at “ASSOCIATED CEMENT COMPANY (ACC)” WADI (JN) Internship training report submitted In partial fulfillment of the requirements of the Bangalore University For the award of the degree of Master of Business Administration Submitted By‚ Mr. NAGARAJUN
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Introduction “Home ownership” is the dream of all Chinese people‚ many people even cannot have a house through their whole life. High housing and rental price is one of the most hot topics among the individual and the society. It reflects not only our many contradictions of our society‚ but also the inevitable result of the gap of wealth. High housing prices are indeed able to undermine the whole society. That’s why I plan to research the main reasons for this phenomenon and the resulting problems
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Chapter 5— Systems Development and Program Change Activities TRUE/FALSE 1. The objective of systems planning is to link systems projects to the strategic objectives of the firm. ANS: T PTS: 1 2. The Systems Development Life Cycle (SDLC) concept applies to specific applications and not to strategic systems planning. ANS: F PTS: 1 3. An accountant’s responsibility in the SDLC is to ensure that the system applies proper accounting conventions and rules and possesses adequate control. ANS:
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procurement audit. Source: David Farmer etal 1972‚ Procurement principles and Practices On the African scope‚ procurement audit is done according to international conventions governing different international entities but the principles followed are almost similar. Gerald Mabveka (1987) of the University of Boston and Director of Public procurement in Malawi in his journal Business and Creative Technologies gives the general definition of audit as an evaluation
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OBJECTIVES OF THE AUDIT ENGAGEMENT The objectives for the audit engagement are as follows: * to act as auditors of Ayala Land‚ Inc. and to express an opinion its consolidated financial statements in accordance with the requirements of the prescribed financial reporting framework; * to highlight key issues that have been of relevance in the forming of our audit opinions; * to serve as a framework for the audit; * to ensure that an effective and efficient audit is performed in
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