Advanced Auditing Case Assignment 2.3 1. (a) When confirming year-end accounts receivable‚ auditors hope to accomplish the objective of obtaining evidence from third parties to evaluate the client’s assertions of year-end accounts receivable amounts. The client’s assertions that accounts receivable confirmation can effectively address are existence‚ rights‚ and valuation. (b) When performing year-end sales cutoff tests‚ auditors hope to accomplish the objective of obtaining evidence from third
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Chapter 13 Problem 1 a. the use of debt financing leverages up ROE from 12.0 percent to 19.2 percent; total dollars returned to investors (including both stockholders and creditors)increased from $600‚000 to $680‚000; and the “extra” $80‚000 came from the “taxman‚” as taxes are reduced by that amount b. ROE 12.0%/15.0% c. At 20% ROE is 6.0 % At 0.6% ROE is 12.0% At .20 % ROE is 18.0 % The lesson is that although the use of leverage increases expected ROE‚ it also increases
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1. Paragraph 1: What types of fish does your fishery provide and what are the major challenges facing your fishery today? (K: 5 marks) As a Canadian Government representative‚ in the west coast‚ offers diverse sorts of fish however faces numerous encounters. Variety of fish consist of salmon‚ which have many forms as chum‚ spring‚ pink‚ sockeye‚ and coho. Salmon significantly contributes to the Canadian economy while it upturns trades and creates abundance amounts of employments. In addition‚ over
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Leadership Theories Analysis using the movie Apollo 13 Vision and Value Apollo 13 demonstrates the richness of leadership principles and values‚ especially focusing on team solidity. The movie illustrates how the leaders can develop a vision and values‚ and how the teams can collaborate under high stress situation. In the beginning of the movie the vision of the Apollo 13 project was to land the astronaut’s on the surface of moon. But the unexpected explosion in the service module created a
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1.21 Federalism federalism divides power between the national and state governments: 1. federal law refers to the law of the national governmentapplies across the nation 2. state law applies to citizens within its territoryit is extensive and diverse( eg: business and marriage law)即使你住在NV，到其他州，那也必须遵守其他州州法 3. local law applies to a limited geographic or functional area state s grant local jurisdictions legal powers classfications of law Every type of law will be either: civil (familiy law) or criminal(can be punlished
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Practice Problems: Chapter 2‚ Chapter 3‚ and Chapter 4 Chapter 2: 1). Consider an economy that produces only hot dogs and hamburgers. In the following table are data for two different years. 2010 2015 Good Quantity Price Quantity Price Hot Dogs 200 $2 250 $4 Hamburgers 200 $3 500 $4 a) Using 2010 as a base year‚ compute the following statistics for each year: nominal GDP‚ real GDP‚ and GDP deflator. Please show your work to get full credit.
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Apollo 13 Case Study Apollo 13 has experience a major malfunction which changes the mission from landing on the moon to a spacecraft that is now is in a desperate struggle to return to earth with the crew alive. The team work needed to achieve this is substantial and many of the staff at mission control center will in some degree be a leader. Aside from Gene Kranz‚ one of the first people to emerge as a leader and take control of the situation is Sy Liebergot. His review
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DQ Week 2 MGT 401 Hello Class‚ How may an entrepreneur determine a business ventures success? Nothing can determine 100% if a business venture will be successful. However‚ the feasibility analysis can help determine if an idea is viable or worth pursuing. Explain the components of conducting a feasibility analysis The feasibility analysis can be presented in 3 interrelated phases: 1. Industry and Market feasibility analysis - The focus in this phase is twofold: (1) to determine
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Individual Assignment Introduction to Financial Accounting (ACC106) Mega Lawa Trading is a sole proprietorship business owned by Milah Mela. Transactions below are the business activities for the month of December 2013. Date Transaction Effects of Transaction Principles of Double Entry 1 Started a business with a cash at bank for RM 15‚000 and cash in hand for RM 10‚000 3 Purchased machinery on credit from Happy Machine Supplies amounted to RM 90‚000 4 Bought inventories
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assignment. In the organization I choose Marketing department for my research because I need to know what kind of system they use for marketing sales record and how they solve the problems face in marketing by using the particular system. CHAPTER I OVERVIEW OF THE ORGANIZATION AND DEPARTMENTS ASIAPRIMA RESOURCES SDN BHD was incorporated in 1994 to trade in wood and timber related products for the local as well as overseas market. ASIAPRIMA’S trading history harks back to 1966‚ when their
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