external evidence (5 marks) b. Classify each document as to its reliability (high‚ moderate or low) (10 marks) QUESTION 2(20 MARKS:36 MINUTES) A. Although the auditors can collect appropriate and sufficient audit evidence during the audit work‚ it does not necessarily support the auditors opinion if it is not documented properly and systematically. Discuss. (10 marks) B. List FIVE (5) characteristics and purpose of
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Cheating is Easy Because Trying is Hard “It is impossible for a man to be cheated by anyone but himself” was accurately stated by poet Ralph Waldo Emerson‚ and describes that cheating only hurts one’s self. That being said‚ is that statement justified? The author of the composition “A Letter to the Editor” from the Bulletin‚ Monroe College’s newspaper‚ disagrees to this case. Rather‚ the author‚ whom has disclosed their name‚ claims that cheating per se consists more benefits than it does disadvantages
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Kotler and Keller (2009) believe that marketing is about identifying and meeting human and social needs. They further explain that this idea can be simplified by defining marketing as meeting needs profitability. Some argue that marketing goes beyond meeting needs and wants. For these critics‚ their counterpoint is that marketers create products and services to make people want or need what they otherwise would not. Although this may be true with unsought goods such as insurance‚ encyclopedias‚ and
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1. Reducing consumer choices makes service more efficient. TRUE 2. Product failures can be easier to remedy with modular design. TRUE 3. A service blueprint is quite similar to an architectural drawing. TRUE 4. Applied research is the major R&D effort of business organizations because of the desire for commercial application. TRUE 5. Life-cycle assessment involves incorporating where the product or service is in its life-cycle into system-design decision-making
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20 Exam Tips for Students By: Sheikh Muhammed Salih Al-Munajjid Praise be to Allaah and peace and blessings be upon the Messenger and upon his family and Companions. The Muslim student puts his trust in Allaah when facing the tests of this world‚ and he seeks His help while following the prescribed means‚ in accordance with the words of the Prophet‚ sallallaahu ‘alayhi wa sallam: “The strong believer is better and is more beloved to Allaah than the weak believer‚ although both are good
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BUSL301 Final exam Session 1 2013 The exam does not include: Lecture Area 1-4 Lecture Area 9 [Week 10] (Takeovers / Financial Services and Markets) The Role of Auditors / ASIC Investigation (these are both in Lecture Area 7 [Week 8]) Everything else is examinable – that is‚ within the range of material that may be included in the final exam Part A of the exam (20 marks) is multiple-choice (10 x 2 marks per question) Part B of the exam (40 marks) has 2 problem style questions requiring written responses
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Company for the year ended 31 December 2013 as requested by you. The annual financial statements listed below are the responsibility of the members. No audit is required and no audit was conducted. Accordingly‚ I do not imply or express an opinion or any other form of assurance on the annual financial statements. I have determined that annual financial statements are in agreement with the accounting records‚ summarized in the manner requested‚ and have done so by performing such procedures and conducting
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TCO D) PuttingPeople2Work has a growing business placing out-of-work MBAs. They claim they can place a client in a job in their field in less than 36 weeks. You are given the following data from a sample. Sample size: 100 Population standard deviation: 5 Sample mean: 34.2 Formulate a hypothesis test to evaluate the claim. (Points : 10) Ho: µ = 36; Ha: µ ≠ 36 Ho: µ ≥ 36; Ha: µ < 36 Ho: µ ≤ 34.2; Ha: µ > 34.2 Ho: µ > 36; Ha: µ ≤ 36 Ans. b. H0 must always have equal sign‚ <
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SHOULD STUDENTS BE ALLOWED TO EAT DURING CLASS Imagine a classroom filled with students who are all eating their favourite foods. There are candy wrappers and potato chip bags littering the desks and the floor. Students should not be allowed to during class because you are disrespecting the students of the class. In spite of that‚ eating in class could possibly a life death situation for some people. Firstly‚ and most importantly students should not eat in class because students with
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states‚ between nations‚ the a) inflation rates are unrelated b) exchange rate differential reflects the inflation rate differential c) inflation rate is smaller in weaker currencies d) the interest rate is greater than the inflation rate during depreciations c 8. The _________ rate is made up of a real required rate of return and an inflation premium with respect to the Fisher effect. a) nominal exchange b) real exchange c) nominal interest d) adjusted dividend
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