Accountancy Department College of Business and Accountancy Notre Dame University Cotabato City‚ Philippines CPA – MOCK BOARD EXAMINATION AUDITING PROBLEMS MR. RONALD GERMO MAMARIL INSTRUCTION: Select the correct answer for each of the following questions. Mark only one answer for each item by shading the box corresponding to the letter of your choice on the sheet provided. STRICLY NO ERASURES ALLOWED. Use pencil no. 1 only. CASE 1: STOCK INVESTMENT
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Purchasing Department and other Departments In a firm with a good system of internal control‚ all purchases of machinery‚ equipment and materials must go through the Purchasing Department. The department that wishes to purchase something cannot directly order it‚ but instead creates a document called a requisition‚ which must be approved by the appropriate person (i.e.‚ the one with the authority to approve requisition). The approved requisition form is sent to the Purchasing Department. The
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Dept of comm. Non Tariff Measures Non Tariff Measures (NTMs) are all measures other than normal tariffs namely trade related procedures‚ regulations‚ standards‚ licencing systems and even trade defense measures such as anti-dumping duties etc which have the effect of restricting trade between nations. Some of these measures could be justified under the provisions or the exceptions provided under the various multilateral agreements governing international trade. On the other hand‚ certain non tariff
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have separate departments for the cleaning and sterilization of medical supplies. The sterile processing department and the sterile supply department are similar in many ways; such like‚ having instruments and equipment sterilized‚ packaged‚ and sent to certain areas in the hospital. The only difference between the two departments is that the sterile supply department deals with management directly and bills the patients for the usage of the instruments. Sterile Processing Department VS. Sterile Supply
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The purpose of this experiment was to synthesize isopentyl acetate via an esterification reaction between acetic acid and isopentyl alcohol‚ using concentrated sulfuric acid as a catalyst. The product was washed with sodium hydrogen carbonate‚ as well as with water‚ then dried with anhydrous sodium sulfate. The product was then distilled using a Hickman still and characterized using infrared spectroscopy. The percent yield of isopentyl acetate was 61.52%. This may have been low due to not all of the
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STRATEGY AND BUSINESS PLAN 2013–2014 This Strategy and Business Plan covers the work of the full BRANZ Group‚ particularly the two main BRANZ business entities‚ namely BRANZ Incorporated and BRANZ Ltd. Refer to Appendix F for further detail of the BRANZ structure and roles. We publish a single plan recognising the value of doing so for industry‚ and where appropriate‚ we have highlighted the distinction between the two entities throughout this plan. CONTENTS Foreword ...........
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Federalism There are many advantages to various national policies that are implemented by various departments of the federal government. The advantage here is efficiency and one department that does this well is the United States Department of Education. Through its policies upholding the 2015 Every Student Succeed Act‚ the US Department of Education is able to hold states accountable for the improvement of every student’s educational outcomes. According to Darrow (2016)‚ The ESSA narrows the role
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same in both departments‚ a straight commission system in the lingerie department does not offer the same level of reward as it does in a shoes and handbags department. The per-item commission on lingerie is much lower than for shoes and handbags‚ resulting in reduced motivation because the lingerie salespeople must sell more products to make the same commission. 3. I think that Patterson should continue on the straight commission plan but alter it slightly. I think that in departments such as the
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Department Stores: Big Lots and The Retail Industry Michael Martinez Business Department Stores: Big Lots and The Retail Industry I. Problem Identification This paper seeks some of the major developments in the strategies of Big Lots Inc. in order to improve their market share. The main problem that this paper would like to investigate is the kinds of marketing strategies that the company employs in order to achieve greater market share. This paper would also assess the kind of competition
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more employees will probably be hired. When this occurs‚ it is useful to explicitly look at how tasks can be allocated across employees in a systematic way. As the company grows still larger‚ it is often useful to begin organizing the company into departments. In many cases‚ a company’s early moves overseas involve reacting to an apparently random or unexpected overseas business opportunity. At first‚ such business may be conducted anywhere in the organization on an ad hoc basis. As a company extends
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