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n200080 [17]
4 years ago
13

A. explain the auditor’s justification for accepting the uncertainties that are inherent in the sampling process.

Business
1 answer:
Troyanec [42]4 years ago
8 0
<span>A. An auditor can accept the uncertainties in the sampling process since they have some idea in which financial statements errors are occurring. In this case their sample is not completely random. B. The formula AR = IR Ă— CR Ă— DR is often used to describe audit risk. Here, AR is audit risk, IR is inherent risk, CR is control risk, and DR is detection risk. Inherent risk is the risk of a report containing errors due to the complex nature of how the audited business runs. Control risk is the risk that an error may occur but may not be detected by the business itself. Detection risk is the risk that the auditor may fail to find errors that are present in the business' financial reports. C. An auditor may only sample, or inspect a fraction of a company's financial history. This is done for practical purposes, for there may not be enough time to inspect everything, or it may be too costly. If the auditor is issuing a test of controls, in which they are scrutinizing their target's internal procedures for detecting errors, then sampling may fail to see these errors.</span>
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which characteristic that may pose a potential nutrition problem would the nurse identify in a preterm neonate
Bond [772]

The immature sucking reflex is the characteristic that may pose a potential nutrition problem in a preterm neonate.

Immature sucking reflex- Th reflex of sucking doesn't start at the 32nd week of pregnancy and is not fully developed till the 36th week. If the baby is born prior to the 36th week, it will not allow the sucking reflex to be fully devloped. The immature sucking reflex will not allow the baby to consume the milk of the mother or the food required for development. Such immaturity of reflex will lead to the nutrition problem because of a lack of sufficient intake.

Later infants may develop various diseases and can be anemia. the infant requires extra care in such a situation, the increase in the flow of milk may help the infact in intake.

To learn more about the preterm neonate please click on the link brainly.com/question/8985665

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8 0
2 years ago
Jeff earns well and belongs to a good team, but he is quite dissatisfied with his boss and the critical remarks he receives desp
creativ13 [48]

Answer: D.) Supervision

Explanation: In an organizational setting, it is imperative to oversee, monitor, evaluate and carry out performance appraisal of workers or employees in other to access and ensure that workers carry out their fuctions as perfectly as possible based on organizational benchmark and standard. The supervisory role is usually overseen by an individual of higher position who who inturn gives a verdict or remark based on the employee's performance. In the scenario above, Jeff's lack of job satisfaction could be traced to Supervision due to the critical remark he earns despite giving best.

3 0
4 years ago
Lahdekorpi OY, a Finnish corporation, owns 100 percent of Three- O Company, a subsidiary incorporated in the United States. Requ
RUDIKE [14]

Answer:

Lahdekorpi OY, a Finnish corporation and Three-O Company, a subsidiary incorporated in the United States

Transfer Pricing:

a) The best transfer pricing method in this case is the cost plus method.  This gives the transfer price as Cost + 50%.

b) The appropriate transfer price should be $3 ($2 x 1.5).

Explanation:

Transfer pricing arises when controlled entities set prices for exchange of goods and services.  When Lahdekorpi OY, a Finnish corporation, sells wooden puzzles to Three-O Company, given their relationship, transfer pricing has arisen.  It is the assignment of cost for goods and services exchanged between related parties, like a parent and a subsidiary.

There are many Transfer Pricing methods which entities and the taxing authorities can use to determine the best transfer price.  According to the Organisation for Economic Co-operation and Development (OECD) Multinational Entities and tax authorities can use any of these five main transfer pricing methods:

a) Comparable uncontrolled price (CUP) method. The CUP method is grouped by the OECD as a traditional transaction method (as opposed to a transactional profit method)

b) Resale price method

c) Cost plus method

d) Transactional net margin method (TNMM)

e) Transactional profit split method.

7 0
3 years ago
Assume that a Parent company owns 100% of its Subsidiary. On January 1, 2016 the Parent company had a $1,000,000 (face) bond pay
PSYCHO15rus [73]

Answer:

a. Interest income from bond investment

  • intercompany transaction gains or losses are eliminated when preparing consolidated financial statements

b. Interest expense on bond payable

  • intercompany transaction gains or losses are eliminated when preparing consolidated financial statements

c. Gain (loss) on constructive retirement of bond payable

  • gain on retirement of bond = $1,070,000 - $996,000 = $74,000

d. Consolidated net income

  • consolidated net income = income from parent company + income from subsidiary + net gain from retirement of bond = $630,000 + $420,000 + $74,000 = $1,124,000
7 0
3 years ago
. It is good field practice to double-check and possibly triple-check the ____ decision, since the cost of repairing an improper
Zielflug [23.3K]

Answer:

It is good field practice to double-check and possibly triple-check the <u>location</u> decision, since the cost of repairing an improperly cut roof can be very high

Explanation:

Location decision can be described as the process of selecting a business location. Its major goal is to select the best options from a variety of options.

How easy or difficult it is for customers to reach a business is the most crucial factor that influences the success of a business. Customers frequently abandon businesses that are difficult to reach. Again, it is important to think about the target clients of the business and choose a location that will make it easier for them to locate the business.

Therefore, it is good field practice to double-check and possibly triple-check the <u>location</u> decision, since the cost of repairing an improperly cut roof can be very high. This implies the negative effect of a bad location decision may be too high for the business to bear.

3 0
3 years ago
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