INTERNATIONAL STANDARD ON AUDITING 320 AUDIT MATERIALITY (This Standard is effective‚ but contains conforming amendments that become effective at a future date)* CONTENTS Paragraph Introduction ................................................................................................... Materiality ..................................................................................................... The Relationship Between Materiality and Audit Risk ................................. Evaluating
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TO: O.T.T. Incorporated FROM: Xiaoqian Kang DATE: Dec. 31‚ 20X1 SUBJECT: Determine the amount of other-than-temporary impairment (OTTI) Introduction O.T.T. Incorporated‚ principally engaged in the manufacture and sale of clothing‚ has six investments remaining in the department’s portfolio as of December 31. According to ASC‚ this memo analyzes whether any of its investments are other-than-temporary impaired‚ and determines the amount of the impairment. Facts Investment 1 -- Happy
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Criminal Investigation The Criminal Procedure and Investigation Principles of Investigation Shawntee Allen Liberty University Online CJUS 420 Professor Ryan Zuidema May 6‚ 2013 1 An individual studying in criminal investigation needs to know and understand the four main principles dealing with Criminal Investigation. Knowing when and how to apply the principles is also
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Show my work: X= -b±b2-4ac2a X= (-7) ±(-7)2-4(3)(20)2a X= 7±64-802a X=7 ±-16 X=7+4/2=5.5 X=7-4/2=1.5 c.10x^2+x-3=0 x=-b±b2-4ac2a x=-1±(1)2-4(10)(-3)2(10) x=1±1-12020 x=1±10 x=1+320 = 5 x=1-320= 10 There are two types of solutions to this problem which are x=1+320 = 5 and x=1-320= 10 2. a. The solution for this equation just by looking at the graph is (-2.3‚0) and (0‚6.3) b. This is a maximum function. The reason how I obtain my answer is because it is at the peak of
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Answer Fine Country Fruit Cakes 1. With the current method of working‚ what is the monthly and annual capacity of the business? The capacity has been calculated according to the following assumptions:- • There are five working days per week. • There are four weeks per month. • The 1995 forecast assumes a similar demand pattern to 1994. • The rate of production is the same as in 1994. No down time is assumed. • The sales for 2kg cakes in February 1994 have been
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FastCat Compensation Plan Phase I February 10‚ 2013 Presented By: The Compensation Group Table of Contents Executive Summary 2 Recommended Compensation Plan Objectives 3 Strategy for Internal Alignment 4 Job-based Plan 5 Compensable Factors 6 Internal Structure 11 Picture of Internal Structure 12 Execution/Manual 21 Rationale/Evaluation of Recommendations 22 Executive Summary FastCat’s mission is to exceed customer’s expectations of value‚ dependability
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Emma’s Dog Grooming Business Plan Business Plan Sample Created by 1011 Lakeshore Drive‚ Suite 521 Lake Charles‚ LA 70601 337.377.8535 www.woodyearconsulting.com michelle@woodyearconsulting.com Sample Prepared by Woodyear Consulting Page 1 Confidentiality Agreement The undersigned reader ac knowledges that the information provided by _______________ in this business plan is confidential; therefore‚ reader agrees not to disc lose it without the express written permission of _______________. It
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variation in parenting style is almost universal. Numerous studies have investigated parenting in a very diverse set of countries‚ each with its own value systems‚ using parenting styles derived from Baumrind’s work as the measure (Boyd & Bee‚ 2012‚ p.320-329). All of these studies have shown that authoritative parenting is the most consistently parenting style associated with the best psychosocial development and mental health development across
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FASB Section 320-10-20 the fair value of Teton Co.’s bonds are “readily determinable” because it is in the over-the-counter market. This is only if the prices or quotes are publicly reported National Association of Securities Dealers Automated Quotations systems or by Pink Sheets LLC. Impairment of a Security An impairment of Teton Co.’s security shall be reported in other comprehensive income after unrealized holding gains and losses are removed from earnings. Section 320-10-35 states
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NPV Versus IRR W.L. Silber I. Our favorite project A has the following cash flows: -1000 0 0 1 0 2 +300 3 +600 4 +900 5 We know that if the cost of capital is 18 percent we reject the project because the net present value is negative: - 1000 + 300 600 900 + + = NPV 3 4 (1.18) (1.18) (1.18)5 - 1000 + 182.59 + 309.47 + 393.40 = -114.54 We also know that at a cost of capital of 8% we accept the project because the net present value is positive: - 1000 + 300 600 900
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