Campbell Tomato Soup Prepared by X -Executive Summary- The Campbell Soup Company is the world’s largest soup manufacturer in the world. In 1897‚ the Company created their first product‚ Campbell Condensed Tomato Soup. The White and Red cans are now the most famous brand of tomato soup in the United States and around the globe. Through this product‚ the Campbell Soup Company is targeting all kinds of populations‚ from families to the working people. With an average of 90 cents
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Chapter 5 18. a. They should use the resistance of meeting auditing standards and contributory neglegence. Stuart Supply Company management is responsible for the fraud. The fraud was complicated and difficult to discover‚ but the steps recommended by Lauren Yost & Co made it possible. The president of Stuart Supply Company ignored the proposal to count the inventory on the same day‚ and was therefore responsible to breakdown of detecting the fraud due to his decision. Luckily‚ Lauren Yost & Co
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Hoang Thi Thanh Ha – 13200154 Auditing Assignment 2: 1.What are the factors to consider Inherent Risk? Inherent risk is a measure of the auditor’s assessment of the likelihood that there are material misstatements in a segment before considering the effectiveness of internal control. Factors affecting assessment of inherent risk include: Nature of the client’s business : Industry practices Non-routine transactions Makeup of the population Audit experience : Results of previous audits Initial vs
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Auditing Theory 1. A control which relates to all parts of the EDP system is called a(n) a. Systems control c. Applications control b. General control d. Universal control 2. Which of the following is not an output control? a. Proper authorization of transaction b. Control totals c. Check digits d. Adequate documents 3. Should the auditor feel‚ after obtaining an understanding of the EDP internal control structure‚ that
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Auditing Theory College 1: Het waarom van de accountantscontrole Agency theorie: De agency theorie legt de relatie tussen de 3 perspectieven uit. De drie partijen zijn‚ namelijk de principaal (investeerder)‚ agent (management)en monitor (accountant). De agency costs nemen relatief meer toe dan dat het aandelen bezit van de manager afneemt. Daarnaast kunnen de agency costs die groei begrenzen door dat eventuele investering niet gedaan kunnen worden. Je kan er van uit gaan dat de agency costs een negatieve
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Burlingham Bees 1. AU 329 a. Based on the standards‚ describe the guidelines for developing an expectation and conducting analytical procedures when those procedures are intended to provide substantive evidence (para. 9-22). i. .09 Reliance on substantive tests: may be derived from tests of detail‚ from analytical procedures‚ or from a combination of both. The decision about which procedure to use is based on the auditor’s judgment. ii. .10 Level of assurance: analytical procedure
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evaluate the effectiveness of accounting system‚ business methods for detection for fraud and planning and conduct of an audit process as well as purpose and content of a statutory audit report of Tesco Supermarket. Past failures in the process of auditing financial
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At the beginning‚ we have a little opening in a casual talking way. The main topic that we discuss is ‘ cultivate soul ’‚ then two of the student think there is a book ( Serving of Chicken Soup for the Soul ) is about the ‘ cultivate soul ’ and they tell the others one of the story in the book——Mr. Washington. The story was starting in a school and the main character is called Brown. Brown is a student who is a little bit clumsy so many classmates didn’t like him. However‚ Brown met Mr. Washington
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Campbell Soup Company 20041794 한승민 20050254 이해주 20061941 김일회 20071546 김현지 Contents 1. Company overview 2. Case introduction 3. Plastigon developing process 4. Problem & Soultion 1. Over view Campbell soup company /2006 Revenue: $7‚343million Operation profit: $1151 million Headquater: Camden‚ New Jersey Emloyees: 23000 people Market share: about 80% Vision: “Together we will build the world’s most
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Campbell Soup‚ Co. Camden‚ N.J. - When R. David C. Macnair‚ Campbell Soup Co.‘s chief technical ofticer‚ summoned doctors and nutrinists for a preview of the company’s promismg new product‚ he wasn’t prepared for the gasps as he unveiled a helping of mashed potatoes. Unexpectedly‚ they were glowing bright green The fluorescent spuds might have been a harbinger for Campbell back in 1992‚ as the soup company pursued its most ambitious and secretive product in a century: a regimen of nutrient-fortified
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