Auditing Case study Answers to case study: 1. What are the auditor ’s primary objectives when he or she observes the client ’s annual physical inventory? Ans. The Primary Objective of auditor is to make sure the inventory reflected on the balance sheet actually exists and that the balance sheet includes all inventory owned by the company .This includes all raw material‚supplies‚inventory in transit.The company may have on consignment with another business and inventory stored off the
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QUEUEING THEORY AND ITS APPLICATION TO ROAD TRAFFIC CONGESTION BY CHIEDU NELSON CALED PSC060774 A PROJECT WORK PRESENTED TO THE DEPARTMENT OF MATHEMATICS‚ FACULTY OF PHYSICAL SCIENCE‚ UNIVERSITY OF BENIN IN PARTIAL FULFILMENT OF THE REQUIREMENT OF THE AWARD OF BACHELOR OF SCIENCE (B.SC) (COMBINED HONOURS) DEGREE IN STATISTICS AND COPMPUTER NOVEMBER 2012. CERTIFICATION This is to certify that this project was carried out by CHIEDU NELSON CALEB of the Department of Mathematics
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* Question 1 0 out of 10 points | | | Winston Corp. had $1‚800 of supplies on hand at January 1. During the year‚ supplies with a cost of $4‚000 were purchased. At December 31‚ the actual supplies on hand amount to $1‚300. After the adjustments are recorded and posted at December 31‚ determine the balances in the Supplies and Supplies Expense accounts. Supplies ; Supplies ExpenseAnswer | | | | | Selected Answer: | [None Given] | Correct Answer: | $1‚300; $4‚500 | Response
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MGT 560 FINAL 1. Explain Level Capacity vs. Chase Demand. What specific strategies can companies uses accommodate each one? Level Capacity is a strategy that can be monitored to plan the projected capacity needed for growth and recession periods. Whereas Chase Demand is based on the variation in demands to accommodate need during period of fluctuation. The strategy for using Level Capacity is when it is necessary to compute the rate of output level needed at certain point in times to accommodate
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Toggle SGML Header (+) Section 1: 10-K (10-K) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington‚ D.C. 20549 FORM 10-K (Mark One) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 1‚ 2014. OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-303 THE KROGER CO. (Exact name of registrant as specified in its charter)
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MNGT-511 FINAL EXAM (Total points 100) Name: Rebecca Malandrino Chapter 7 1) Which of the following types of inventory usually is not held by a manufacturing business? (3P) C) Merchandise inventory 2) The following information was taken from the 2007 income statement of Cobra Company: Pretax income‚ $12‚000; Total operating expenses‚ $20‚000; Sales revenue‚ $120‚000. Compute cost of goods sold. (5P) A) $88‚000 (120‚000 – 20‚000 – 12‚000) 12‚000 (pre-tax income) + 20‚000 (operating
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offi cer (Marketing & operations)‚ GCPL. Aanand Pandey reports. If you are an FMCG supply-chain buff‚ then Godrej Consumer Products (GCPL) is where the action is at the moment. The reason: Godrej group has been on a drive to consolidate its consumer portfolio‚ moving in the last few years to combine the operational synergies and scale of its consumer brands – in an effort to make the best of the breakneck FMCG growth‚ and to take on the big boys of the business‚ here and abroad. On October 14
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process and manipulate data elements associated with ADTs. 3.0 THEORETICAL BACKGROUND 3.1 The stack abstract data type The stack is ubiquitous. It is a temporary abstract data type and data structure based on the principle of Last in First out (LIFO).A stack is a list of items with the restriction that insertion and deletion can only be performed in only one position‚ namely the end of the list called the “top”. The fundamental operations of the stack are “push”‚ which is equivalent to insert
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Q: 1 Business market consist of all the organization that acquire goods and services used in the production of other products or services that are sold ‚rented‚ or supplied to other. The business market characteristic is given below. Few‚ larger buyers: In few‚ larger buyers compared to consumer market where there are many buyer and seller. Masood Textile is leading knitwear and they export it very few buyers’ large buyers such as Polo‚ Ralpha‚ Lauren‚ Tommy Holier‚ Hanes‚ and Levies. Big stores
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Chapter 11 - Equity Analysis And Valuation Equity Analysis and Valuation REVIEW Equity analysis and valuation is the focus of this chapter. This chapter extends earlier analyses to consider earnings persistence and earning power. Earnings persistence is broadly defined and includes the stability‚ predictability‚ variability‚ and trend in earnings. We also consider earnings management as a determinant of persistence. Earning power refers to the ability of the core operations of a company to operate
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