Absolute Monarchy As the Middle Ages began to come to a close‚ feudalism began to die out. The strongest lords began to consolidate power and lands‚ turning them into kingdoms with themselves as the King. Many of which sought to control their realms through absolute monarchy. However‚ absolute sovereignty is not always easily obtained. As history has shown us‚ a lot of these kingdoms had absolute monarch’s while others had a representative government along with the monarchy. What was the cause for
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a Republic is superior to a monarchy. There was discontent amongst classes the aristocrats wanted more political power whilst trying to stay exempt from taxes. They denounced the monarchy’s absolutism though they wanted to implement their own form of it. The Bourgeoisie also attacked the monarchy’s absolutism‚ they also attacked privileges of the Nobility. It was this class‚ the Third Estate that were most influenced by the disposition of mind. The peasants were attracted to the ideas of the Bourgeoisie
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Questions 1. Audit reports should be dated the date on which the financial statements are issued. True False 2. When the auditors are unable to comply with generally accepted auditing standards‚ they should issue an opinion that is unqualified‚ but include an additional explanatory paragraph in the report. True False 3. When evaluating the results of audit tests‚ materiality depends upon both the dollar amount and the nature of the item. True False 4. A public company’s
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Enlightening the Individual History has proved to us that what we know now is nothing compared to what lies ahead in the future. In Europe‚ the people thought that absolutism was the way of the world‚ but they were soon to discover that each individual has just as much power as the next. This new realization was coined the name the enlightenment. It led to the division of religion and the idea of a separated church and state. Religious division and political authority in Europe changed as a result
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theories Kantianism; the view that the only intrinsically good thing is a good will and utilitarianism; that the morally best action is the one that makes the most overall happiness. Religious views of ethics often come from an absolutist view. Moral absolutism may be understood in a strictly secular context‚ as in many forms of deontological moral rationalism. However‚ many religions have morally absolutist positions as well‚ regarding their system of morality as deriving from divine commands. Therefore
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Describe the parts of the standard unqualified audit report. Specify the conditions required to issue the standard unqualified audit report. Understand combined reporting on financial statements and internal control over financial reporting under Section 404 of the Sarbanes–Oxley Act. Describe the five circumstances when an unqualified report with an explanatory paragraph or modified wording is appropriate. Identify the types of audit reports that can be issued when an unqualified opinion is not justified. Explain
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Scientific Revolution Aristotle and Claudius Ptolemy 16th century science was based on their conclusions Geocentric model: Earth is motion less other planets revolve around it Epicycles- Plotlemy’s idea circles within circles Crystalline spheres: heavens are made of a weightless substance allowing them to move Medieval thinkiners used Aristotle and Ptolemy ideology into a Christian framework Thomas Aquinas uses Unmoved Mover concept to confirm G-d’s existence Medieval thinkers believed their hypothesis
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The Bourgeoisie‚ or the middle class‚ becomes a major political force‚ Absolutism and Feudalism were overthrown‚ France becomes a capitalist nation‚ and a sense of nationalism and patriotism were created. The Bourgeoisie was the middle class who could read and enjoy and spread the products of Enlightenment ideas. During the Revolution
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the amounts involved are immaterial‚ the auditor can issue unqualified report. b. In this case‚ the entity failed to record the revenue‚ thus it is considered departure from GAAP. If this departure is material and pervasive to financial statements‚ the auditor should issue adverse opinion. If this failure to record the revenue is material but not pervasive‚ the auditor can issue qualified opinion. If this departure is immaterial‚ unqualified opinion can be expressed. c. Not capitalization of leases
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Absolute Monarchs were eithere kings or queens who controlled the complete way of life in the country they ruled. Absolutism is the rule of one person over any given thing. The two rulers that showed absolutism in the documents are Louis 14th and Peter the Great. They were both absolute monarchs and both ruled over large territories. An absolute monarch has both positive and negative affects as a system or government. One positive attribute is organization. In document eight‚ Louis the 14th
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