By disecting the eyeball of a dog‚ researchers found that about 10% of the photoprecepters are cones. Cones are responsible for helping the brain detect colors. The photoreceptors in our eyes are 100% cones. This means that we can process all the colors and see them more vividly. A dog can’t tell the difference between red‚ yellow‚ orange‚ or green but they can see whites light blues‚ purples and different shades of grey. Besides just the cones‚ there are other photoreceptors known as rods
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Fundamental concepts of f/s audit Materiality misstatement of accounting information. is a matter of professional judgment Audit risk The auditor expresses an inappropriate audit opinion when the financial statements are materially misstated‚ Evidence (more than “per discussion with client) Major phrases of audit: Client acceptance/continuance; Preliminary engagement activities; Establish materiality and assess risks; Plan the audit ;Consider and audit internal control; Audit business processes and
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the circumstances and opinion expressed by an auditor‚ where he is unable to obtain sufficient audit evidence. 2. Auditors of M/s Santa Banta (P) Ltd. were changed for the accounting year 2010-11. However there was no change in the position of closing stock which remained at ` 400 lacs . The auditors of the company propose to exclude the audit of closing stock of ` 400 lacs from their audit programme on the understanding that it pertains to the preceding year which was audited by another
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our pets. Our dogs are members of the family. To many of us‚ they are one of the kids – the furry one. But are we as careful with what we feed our pets as what we feed our children? Frequently‚ ads for pet food claim that they have “real” food‚ but the ingredients end up being things like wheat gluten meal‚ animal by-products‚ and corn by-products. Nestle’s Purina Beneful brand‚ one of the most popular brands of dog food‚ is currently facing a class action lawsuit claiming their food caused serious
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expectations for revenue accounts Recognize factors that lead to precise expectations of account balances Appreciate the degree of professional judgment involved in evaluating differences between expected and reported account balances Understand the audit planning implications of using analytical procedures as substantive tests of account balances Burlington Bees‚ an independent‚ minor league baseball team‚ competes in the North-west Coast League. The team finished in second place in 200X with
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Name: __________________________ ( ) Class:________ Date: ____________________ Essential Information sheet for SEQ Chapter 6 – How did World War 2 Affect Singapore? EQ1: What were the efforts made by the British to defend Singapore? All military planning and deployment of military resources towards the defence of Singapore and Malaya centered around a key strategy known as the Main Fleet to Singapore Strategy . Why did the military planners come up with this strategy of
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Sammi Picquet TRICIA’S CLASS DW.2 EXPLAINING ESSAY 3/10/10 HOW TO TRAIN A GOOD FAMILY DOG Wouldn’t you love to have one of the the best dogs in your own house? It all begins with good training and great love towards your pup. Having a good dog doesn’t just mean getting a dog and never being home‚ you have to be dedicated and I will tell you how. It starts with picking out the cutest brown lab/pitbull with a little bit of white on his neck. Then comes picking out the perfect name. Roscoe
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Audit Proposal By: Catherine Chase Instructor: Khatrina Higgs‚ CPA ACC/542 Audit Proposal Abstract Understanding the audit process and how auditors operate is vital since it informs IT managers how to develop an environment that is compliant. More importantly‚ this brief will discuss the role of the auditor and its responsibilities as well as expand on the role and responsibilities of management during and after the audit. This brief will also focus on the methodologies of how
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determining the appropriate response with regard to the inventory of Ace Computers Ltd (Ace) for the year ended 30 June 2011 audit‚ you become aware of the following information: 1. The best-selling computer presentation package has been experiencing a high level of returns owing to suspected software problems. 2. Based on closing inventory‚ inventory turned over an average of 4.33 times in 2009 and 3.97 in 2011. 3. Ace moved its inventory from a central warehouse to five new
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ADMINISTRATION PAYCHECK FILE How many records are there in database? There are 147 records in the paycheck file. How many data validity errors are there in the database? There were no validity errors in the database; all records are entered into the system‚ thus makes it all valid. What are the following totals? Gross Pay (TOTAL_GROS) = 178‚831 Taxes withheld (TOTAL_TAXE) = 36‚584 Deductions withheld (TOTAL_DEDU) = 24‚947 Net Pay (NET_PAY) = 117‚292 EMPLOYEE FILE How many records are
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