book of 2 Samuel tells the story of King David and his rise to power‚ as well as reign- the good and the bad. The focus here will be on 2 Samuel‚ chapters eleven through thirteen‚ which depict some of the darker times in David’s rule. The theme of these three chapters is God’s modeling of King David. This theme develops throughout the three chapters with the disobedience and punishment of David. God creates laws for His children not because he wants to restrict us‚ but because he desires a relationship
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TUTORIAL 9: THERMOCHEMISTRY 1. 2. 3. The following terms are often used in thermochemistry. Explain each one of them by giving an appropriate example: (a) Standard enthalpy change (b) Exothermic process (c) Endothermic process Define and write an example of thermochemical equation for each of the following terms: (a) Enthalpy of formation (b) Enthalpy of combustion (c) Enthalpy of atomisation (d) Enthalpy of neutralisation (e) Enthalpy of hydration (f) Enthalpy of solution (dissolution)
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time to see if they are reasonable. Most auditors should have detected this kind of material misstatement in company’s financial results‚ because this defalcation is caused by a personal factor. c) We should forecast its audit procedure in order to eliminate the risks in audit progress. Thus‚ control procedure would have been effective in preventing or detecting the defalcation could have been a separation of duties. 2. a) Since the purchasing agent usually set up wrong purchase orders to factious
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Solution to Problem 7-13 1. Computation a. Unit product cost under absorption costing Per unit Direct materials . . . . . . . . . . . . . . . . . . . . . . . . . . . . $3.50 Direct labor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12.00 Variable manufacturing overhead . . . . . . . . . . . . 1.00 Fixed manufacturing overhead . . . . . . . . . . . . . . . 10.00 Unit product cost . . . . . .
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Donald Phillips‚ President 36 Clearwater Lake Road Ocean City‚ Florida 33140 Dear Mr. Phillips: This letter is to confirm our understanding of the terms of our engagement as the auditors of Oceanview Marine Company for the year ended December 31‚ 2012. We will audit the company’s balance sheet for December 31‚ 2012‚ and the related statements of income‚ retained earnings‚ and cash flows for the year then ended. The purpose of our audit is to form an opinion as to
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Running head: ACTIVITY BASED COSTING CASE Activity Based Costing Case David Welch University of Phoenix Accounting Capstone ACC/594 Tom Myers February 1‚ 2010 The selection of the right cost calculation method is of critical importance when it comes to determining the real product profitability. Activity Based Costing is one approach that can be used. Activity based costing is a managerial accounting system that determines the cost of activities without distortion and provides management
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AD #1 Gillette Compete Skin Care for Men This advertisement is for Gillette men ’s skin care products. The ad targets young adult couples‚ and women will buy skin care products for the men in their lives. It can be found in Allure‚ November 2005. Allure is targeted towards young adult women interested in beauty‚ fashion and relationships. This advertisement is promoting a simple 3 step skin care regime for men. The ad focuses on a man ’s back profile with a women ’s hands placed provocatively
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I believe the SEC defined an audit failure as wrongly stating the financial statements of the company are accurate and correct‚ when the statements contain fictitious statements‚ material errors‚ and there isn’t a proper note disclosing the information. I don’t believe Sullivan‚ alone‚ was responsible for the deficiencies noted by the SEC in Andersen’s 1997 audit. I do believe Sullivan had the most responsibility‚ but the others were just as responsible
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Abstract: The audit function creates several important relationships among the various parties. One of the most significant and potentially problematic relationships is between the audit firm and the audit client. The decision by the audit firm to accept or retain a client is crucial because of the potential risk of being associated with certain clients. Engagement risk is considered to be composed of three components: client’s business risk‚ audit risk‚ and auditor’s business risk. Client’s
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Purposive sampling Purposive sampling‚ also known as judgmental‚ selective or subjective sampling‚ is a type of non-probability sampling technique. Non-probability sampling focuses on sampling techniques where the units that are investigated are based on the judgement of the researcher. Purposive sampling explained Purposive sampling represents a group of different non-probability sampling techniques. Also known as judgmental‚ selectiveor subjective sampling‚ purposive sampling relies on
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