Discuss the risks to an audit should the client become aware of the materiality thresholds used on audit engagements by the auditing firm. Auditors cannot insist that their clients accept all proposed audit adjustments even those that have an “immaterial” effect on the given set of financial statements‚ because most clients would refuse to propose audit adjustments. 1. Discuss the general principles or guidelines that dictate when companies are entitled to record revenue and how the
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CHAPTER I STATEMENT OF THE PROBLEM AND ITS BACKGROUND In this chapter‚ the proponents discuss the statement of the problem‚ the objective of the study‚ the hypothesis or the assumptions‚ the significance of the study‚ and its scope and limitations. INTRODUCTION Student academic record is an area of the registrar’s office functions. These include student’s personal information‚ official grades‚ original admission documents‚ grade changes and incomplete grade remarks. The registrar’s office is
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CHAPTER 1 THE PROBLEMS ANG IT’S SETTING INTRODUCTION The rapid advancement of computers in our society has made our daily workloads easier and more accurate. With its vast development‚ we need to set ourselves in its change and go with its flow. It had changed the views of many people to shift or after their way of doing their task from a manual system to a more detailed computerized system. Computer makes communication easier and faster. Getting connected to different kinds of people around
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What attribute of your personality are you most proud of‚ and how has it impacted your life so far? This could be your creativity‚ effective leadership‚ sense of humor‚ integrity‚ or anything else you’d like to tell us about. (*) (200-250 words) A “Personality”‚ to me‚ is the outcome of the behavioral features controlling a person’s mental and physical abilities. Thus‚ the attributes of a personality are its abilities and its behaviors and attitudes. Objectively‚ the inquiry as I understand it
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Face in the Crowd Give three examples from the film which illustrates the concept of ethos and ethics in connection with LR and Marcia. LR in some part of the movie had ethos but he never had ethics. In his relationship with Marcia he had ethos in the begging of the movie when he was in the jail singing and talking using his great charisma of speak. In addition‚ he lost the Goodwill with her when he lies about his first marriage‚ and when he marries betty-lou while he engaged
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The Seven Sins of Memory Jasey Masoner Oklahoma State University The human brain is a very complex and intricate part of the human body. It is filled with hundreds of functions‚ one of these tasks being memory. Memory is the ability to retrieve and store information over time. There are many ways to use the memory‚ and many ways the memory works. Memory is a great operation of the brain‚ but it also has its disadvantages. A good example of these drawbacks is the famous
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The House of the Seven Gables By Nathaniel Hawthorne Book Summary The House of the Seven Gables once a "show place" in a small New England town‚ now presents little evidence of its former grandeur. Wind‚ sun‚ storm‚ and neglect left its sides‚ shingles‚ and chimney crumbling. Its gray look is mottled here and there with moss. The lattice fence surrounding it is in ruin. The lawn in front‚ and what must have been a spacious garden at the rear‚ long since have missed the care of the cultivator’s
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expenses and profits or losses. Using the income statement‚ investors can both evaluate a company’s past income performance and assess the uncertainty of future cash flows. A company’s profits reported in the income statement are accounting income and most likely contain certain non-cash elements‚ providing no direct information on a company’s cash exchange during the period. Moreover‚ a company also incurs cash inflows and outflows during a period from other non-operating activities‚ namely investing
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TOPIC 1 : Face-to-face communication is better than other types of communication‚ such as letters‚ E-mail‚ or telephone calls "With the advent of advanced technology‚ humanity has the tendency to regard letters‚ email‚ or telephone calls as more modernized ways to communicate with each other. However‚ faceto-face communication is by no means replaced by such things‚ as it is the most comprehensive and interactive way to be in touch. From my individual point of view‚ meeting everyone in person
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