External Auditing – Week 4 discussion What do following risk categories mean: planned detection risk‚ inherent risk‚ control risk‚ acceptable audit risk? Can you give some examples? How do we as auditors deal with them? DETECTION RISK Detection risk is the risk that auditor’s substantive procedures will not detect a misstatement that exist in an account balance or class of transactions that could be material‚ individually or when aggregated with misstatements in other balances or classes.
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Books (in around 60 days@5-6 hrs/day or 30 days@10-12 hrs/day) Geography - 6th to 12th Physics - 6th to 10th Civics - 6th to 10th Chemistry - 6th to 10th Pol Science - 11th to 12th Biology - 6th to 10th History - 6th to 12th Maths - 6th to 10th Sociology -11th to 12th Probability - 12th Maths Economics - 9th to 12th Permutations & Combinations – 11th Maths CSAT (will take around 3 months @ 5 hours/day) GRE word list
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Salem Telephone Company Case Study 1. I saw Sales Promotion for Salem Data being the VC because depending on how good business is doing (increased revenue and clients) would depend on how much money would need to be spent in promotions. Variable cost: Operations hourly personnel Power Fixed cost: Space Costs Equipment Costs Wages and Salaries (minus hourly personnel) Corporate Services 2. January February March Hourly wages $7‚896 $7‚584 $8‚664 Power
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Services lie at the hub of economic activity in the United States. Service jobs account for almost 80 percent of total U.S. employment. As such‚ we say that the U.S. has a service economy. Within this service economy‚ the term service has several meanings when paired with other words. For example‚ a service firm is defined as one that derives more than 50 percent of its sales from providing services. RCA’s service revenues now exceed its revenues from electronic manufacturing. A service package is
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Software for Human Services Organizations Rachel Landry BSHS/375 March 2‚ 2015 Donna Zeh Software for Human Services Organizations Technology has come a long way in recent years when it comes to making the human service field more efficient‚ with software and applications it has made client care access as easy as getting to a computer. Patients are able to access their information through applications or software offered by the professionals providing the care. The information about the client
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Identifying Learners Training Requirements Form for Food and Beverage Services NCII Name: ______________________________________ Age:_________ Educational Attainment: _________________ Work Experience:_______________________ Date of Start of Training: ____________________ Expected Date of Completion: ____________________ Actual Date of Completion: ____________________ |Current Competencies of the Trainee|Proof of Evidence |Required Competencies/Learning Outcome
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Outsourcing Outsourcing is subcontracting a service‚ such as product design or manufacturing‚ to a third-party company. The decision whether to outsource or to do in house is often based upon achieving a lower production cost‚ making better use of available resources‚ focusing energy on the core competencies of a particular business‚ or just making more efficient use of labour‚ capital‚ information technology or land resources. It is essentially a division of labour. Outsourcing became part of
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Q: In the risk society is ‘security’ ever possible? Modernity or the Modern Age as it is commonly referred to‚ drastically changed the society we live in. The rapid advancements in physics‚ chemistry‚ mathematics and other sciences have enabled humans to reach peaks that were previously rendered unimaginable‚ or even impossible in the pre-modernity era. From inventions like television sets‚ microwaves‚ cars and personal computers (PCs) to walking on the Moon and breaking the speed of sound – all
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Empowering Your Organization Introduction Organizations are about people. People are the most valuable asset that an organization can possess to create success. The development of these people and the ability for an organization to retain talent can be complex. An organization must be organized to communicate and provide the structure necessary for growth and development. They must also have the people within the organization understand their ability to grow and the directions available
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Summary Page for: CHAPTER 5 ART OF ANCIENT GREECE Context: Cultural Belief System (religion) / History / Social / Political / Economic / Geographical Greek art influenced Western civilization to present / city states=democracy first evolved-also abstract reasoning‚ inquiry‚ philosophy‚ drama‚ poetry‚ & history / rugged mountainous terrain / Greeks felt themselves superior & called all other people "barbarians"/ After Persian army was repulsed Athenians established a democratic government headed
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