Question 11. 25 Your firm has been engaged to audit the financial statements of Haven Ltd. In obtaining an understanding of internal control relating to credit sales‚ the following questionnaire is used: 1 Does the company evaluate the customer’s credit history‚ and is amount of available credit checked before a sale is authorised? Select a sample of credit order and inspect credit history and other supporting documents. Review the policy/procedure for customer approval and setting of
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Bla Bla Bla Nothing to write yet. E=MC2 In physics‚ mass–energy equivalence is the concept that the mass of an object or system is a measure of its energy content. For instance‚ adding 25 kilowatt-hours (90 megajoules) of any form of energy to any object increases its mass by 1 microgram‚ increasing its inertia and weight accordingly‚ even though no matter has been added. A physical system has a property called energy and a corresponding property called mass; the two properties are equivalent
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1. The parallax of the star 75 Leo is 0.10 and its apparent visual magnitude is +5.18. The absolute visual magnitude of 75 Leo is +5.14. 2. A G2 I star is larger in diameter and more luminous than the sun. 3. spectroscopic parallax can be used to determine the distance to a star when the spectrum of the star can be used to determine its spectral type and luminosity class. 4. Luminosity class IV objects are known as sub giants. 5. For stars
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Threat Safeguards Objective Assessment a) The lending of staff by the firm to an audit client may create a self-review threat. (APES110.290.142) Referring to APES110‚290 142‚ it states that if the firm lend the staff to audit client‚ and it will create the self-review threat. The possible safeguards are as following: Pay more attention on the work done by the loaned staff while in audit engagement. Do not assign any audit responsibility to the task that is performed by that loaned staff
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The Last of the Mohicans 1. Provide a brief synopsis of the film. (When does the film take place? Where does the film take place? What is the storyline?) The movie The Last of the Mohicans took place in 1757 during the French and Indian War. In the movie the main character Nathaniel Hawkeye and his adoptive father and brother save Major Duncan Heyward and the two daughters of Officer Edmund Munro who were set up by their guide Magua. While on their way to the fort where Munro is Hawkeye and the
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because Consumers Union is independent of the products tested. 1-18 (continued) b. The concepts of information risk for the buyer of an automobile and for the user of financial statements are essentially the same. They are both concerned with the problem of unreliable information being provided. In the case of the auditor‚ the user is concerned about unreliable information being provided in the financial statements. The buyer of an automobile is likely to be concerned about the manufacturer or dealer
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Homework/Case Analysis Week 1 Chapter 3 pages 125-127 Homework/Case Analysis Tyiese L. Stephens DeRamus BUS 427 Global Issues in Business Homework Critical thinking and Discussion Questions Questions. 1. “Why culture of a country might influence costs of doing business in that country”? There are many contributions to cultural differences “ethnocentricity” is one. Peoples’ belief system of their own ethnic group or culture being superior
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Develop applications 12. What is a server in a LAN (local area network) D. A device that stores program and data file for users of the LAN 14. The following is false about an accounting information system (AIS) B. It is best suited to solve problems when uncertainty is great 16. A computer operator needed to know whether a particular job had already been run today‚ they figure this out by viewing the… C. Console Log 18. The following statement regarding the decision support system is generally
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This chapter taught me what the concept of enterprise application integration and how it can affect the modern business industry. Enterprise application integration involves the capture and transformation of data to be compatible with the latest software business practices. I learned through this chapter about what the different types of software technology are used and what for. Things like accounting‚ payroll‚ inventory‚ data entry/storage are made easier. Back in the old days companies would
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Instructor Guo Ji Public email bnuwec@gmail.com‚ PIN interbusiness Contact Information guoji@bnu.edu.cn Course Prerequisites Micro and Macro Course Description This course is an introduction to international business with an emphasis on the contemporary issues of China. The basic content of the course includes (1) an overview of the means of conducting international business‚ with an emphasis on what makes international different from domestic (2) the effects of the social systems within countries
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