1. Discuss the circumstances in which an auditor would prepare a proof of cash. (6 marks) Auditors would prepare a proof of cash when the client has material internal control weakness in cash. If all cash receipts were deposited and all deposits were recorded in the accounting records‚ all recorded cash disbursements were paid by the bank and all amounts that were paid by the bank were recorded. 2. What should be audited on an interbank transfer schedule? (5 marks) The following should be audited
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As a side note‚ upon researching the molecular weight of sugar‚ I found it to be 342.30 g‚ not 331.23 g‚ however‚ in my calculation I used 15.00 g as the molecular weight of O2‚ whereas online 16.00 g was used. Eight8 g of sugar were placed on the scale‚ and then transferred into the volumetric flask (Table 8 shows the calculations of the molecular weight‚ moles‚ mass‚ volume and molarity recorded before doing so). Distilled water was added to the sugar until a total of 25mL were in the flask. Then
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RPBRL: R P Basmati Rice Mill Limited * RPBRL has been in operations for the last 20 years and known as one of India’s leading manufacturers and exporters. * RPBRL is a Government approved and ISO 9001:2000‚ HACCP Certified Company. * RPBRL is supplying Basmati Rice to clients in Saudi Arabia‚ Kuwait‚ Yemen‚ Bahrain‚ Doha‚ Dubai‚ Cyprus‚ South Africa‚ Switzerland‚ Germany‚ France‚ Mauritius‚ etc. * It have 250 employees in all offices and representatives in 19 countries. * It is
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plan once it is developed. Reengineering is a radical rethinking of an organization and its cross-functional‚ end-to-end processes (Hammer‚ 1993). After it’s introduction reengineering had taken corporations by storm. In a survey of over 500 chief information officers (CIOs)‚ the average CIO is involved in 4.4 re-engineering projects (Moad‚ 1993). Walmart (example 1) is seen as one of the successful executers of reengineering. Despite the excitement over reengineering‚ however‚ the rate of failure
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Process Design Matrix and Summary Design Andreameda Pollock OPS/571 July 15‚ 2014 Professor Mark Bolotte Executive Summary- Services Hair Studio Salons was founded in 2014 and is created so that salon professional can become independent owner. Hair Studio would assist these professional to become their own boss with the hassles of traditional salon ownership. Hair Studio Salons like to have its location in high end areas like downtown area. Hair Studio will provide
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Mopak Corporation performed a search for drugs and guns on the employees and contract workers vehicles with the assistance of a private security company and drug detection dogs. In the search‚ guns were found‚ but not drugs‚ in several vehicles. At the completion of the search‚ five employees along with ten contract workers whose vehicles where the weapons were found were terminated‚ due to the corporation’s belief that the employees violated the company policy. The terminated workers immediately
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attachment and sale of the properties of the judgment-debtor. Since‚ a decree holder does not by virtue of the judgment‚ get a right to the property‚ he cannot get the right by way of filing a suit but by attachment and sale in execution. While through the process of attachment the court informs the world that the property so ordered to be attached is “in its view” and “no existing rights and liabilities should be altered”; through the process of sale of the properties of the judgment-debtor‚ the
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2.2.3 Purposes of Real Property Valuation There are five elements of property value: Production: productivity is the way of enhancing or hindering capacity for valuation Utility: Utility is the ability to arouse desire for its possession or use. Scarcity: The object must be relatively scarce to satisfy the demand. Demand: There must be a need and ability to purchase. Transferability: It must be possible to transfer good title with ease (Donald A. Corb‚ JD and Richard A. Giovangelo‚ 2013-14)
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Yes‚ because as Locke used the word property‚ it was used in small and wide understandings. It was within of human well-being and belongings. He argued that it was a natural right to have property and was determined from work. John Locke believed that claiming of property was made by the value of work or jobs. And property went ahead of government‚ but the governemt just can’t get rid of the area of the subjects immediately. He believed that human nature was described by reason and understanding
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Skills Required of a Property Manager Q1: Rebecca manages a 300-unit multi-family complex that offers exceptional amenities‚ but has a less-than-stellar vacancy rate. She decides to host an open house to attract families with small children. The bounce-houses‚ cotton candy machine rental‚ door prizes and food and beverage will cost about $3500. She checks her management authority guidelines to make sure she can spend this amount without owner approval as a _________ expense. A. Advertising and
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