Jessica Schmitt Auditing Chapter 9‚ problem 9-28 A. Since there are no specific materiality guidelines‚ it is the auditor’s professional judgment that must be used to determine the appropriate preliminary estimates of materiality. I used the guidelines listed on pg 251 in figure 9-2: Statement Percent Guideline Dollar Range (in thousands) Earnings from continuing operations before taxes 3-6 % $12‚500-$25‚100 (rounded) Current Assets 3-6 % $67‚600-$135‚200 (rounded) Current Liabilities 3-6 %
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11/18/14 Viviana Montalti. P.8 Chapter 9: Assessments. 1. How did the lack of a single strong ruler benefit Italy during the Renaissance? The lack of a single strong ruler made it possible for a number of city-states in northern and central Italy to remain independent. 2. How did the demand for goods affect both the power of the Italian states and the Catholic Church? As the Italian states grew wealthier‚ the power of the Church began to decline slightly. 3. How did the fact that other countries
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Machiavelli describes as a strong Prince. In chapters 5-10‚ Machiavelli gives the reader a perfect image of the stone-hearted reputation that he has been renowned for throughout his years as a political writer. He states his own beliefs on annexing a democratically free state‚ commonwealth‚ or republic and how to appropriately reign over the peoples of said state‚ while at the same time commanding loyalty and respect of its citizens. Machiavelli explains in chapter 5 that the best way to take over and rule
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1. The childhood anecdote from the beginning of the chapter shows that racial prejudices and differences are not inborn and they are a result of the way that society shaped a persons image of the different races. Based on this assumption‚ it is safe to believe that a non-white three year old would be likely to bring home a white “baby sister” because the three year old wouldn’t realize that there is a difference. White people are put at an advantage with an “invisible knapsack of privileges”.
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Guideline for MGT 210 Group Project Section 15 & 16‚ FALL 2012 Faculty: TqM Project Theme: Analyzing an organization from the management perspective. The organization must be an established and operational organization and not any fictitious one. The analysis should be carried out by conducting an interview with a manager of the organization. Chapter 1 1. Organization’s background (when established‚ mission‚ vision‚ goal‚ functions‚ etc.). Universal Foods Ltd. was established in 1990
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Chapter 13: Determining Optimal Level of Product Availability Exercise Solutions 1. 0.2941 Optimal lot-size == NORMINV(0.2941‚100‚40) = 78.34 Given that p = $200‚ s = $30‚ c = $150: Expected profits = (p – s) NORMDIST((O – )/‚ 0‚ 1‚ 1) – (p – s) NORMDIST((O – )/‚ 0‚ 1‚ 0) – O (c – s) NORMDIST(O‚ ‚ ‚ 1) + O (p – c) [1 – NORMDIST(O‚ ‚ ‚ 1)] = $2‚657 Expected overstock = (O – )NORMDIST((O – )/‚ 0‚ 1‚ 1) + NORMDIST((O – )/‚ 0‚ 1‚ 0) = 7.41 Expected understock = ( – O)[1 –
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TECHNOLOGY PROJECT Project Plan Odessa Mobile Technology Project Author: Debbie Whitson Creation Date: 7/10/03 Last Revised: 7/10/03 Version: 1.0 TABLE OF CONTENTS INTRODUCTION 2 PURPOSE OF PLAN 2 BACKGROUND INFORMATION/AVAILABLE ALTERNATIVES 2 PROJECT APPROACH 3 PHASE X: SECURE EQUIPMENT 3 GOALS AND OBJECTIVES 4 BUSINESS GOALS AND OBJECTIVES 4 PROJECT GOALS AND OBJECTIVES 4 SCOPE 5 SCOPE DEFINITION 5 ITEMS BEYOND SCOPE 6 PROJECTED BUDGET 6 RISK ASSESSMENT 7 INITIAL
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CHAPTER 15 Multiple-Choice Questions 1. easy A sample in which the characteristics of the sample are the same as those of the population is a(n): b a. variables sample. b. representative sample. c. attributes sample. d. random sample. 2. easy When the auditor decides to select less than 100 percent of the population for testing‚ the auditor is said to use: a a. audit sampling. b. representative sampling. c. poor judgment. d. none of the above. 3. In practice‚ auditors
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Chapter 15: The Resurgence of Empire in East Asia 1) Xuanzang a) Educated in Confucius texts as a youth. b) Followed his older brother into a monastery where he became devoted to Buddhism. c) Traveled to India and visited the holy sites of Buddhism. d) After he left China (Illegal to do at time) his guide abandoned him in the Gobi Desert. e) Made his way to oasis town of Turpan‚ which was on the Silk Road. f) Turpan ruler‚ who was also Buddhist‚ supplied him with many necessary supplies.
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Any project must be well planned especially if a number of people and activities will be involved. It is the task of the project management to ensure that various tasks required in the project are completed in time. Operational researchers developed a method of scheduling complex projects shortly after the Second World War. This scheduling is called network analysis and is usually known as Critical Path Analysis (CPA). While Program Evaluation Review Technique (PERT) will analyze the involved
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