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ExtremeBDS [4]
1 year ago
6

In the study of internal control, the auditor uses sampling to compare the __________ to the __________.

Business
1 answer:
Arturiano [62]1 year ago
5 0

In the study of internal control, the auditor uses sampling to compare the adjusted estimate of the deviation rate to the tolerable rate of deviation.

How Do Internal Controls Work?

A plan of structure, processes, and records that are concerned with the security of assets and the accuracy of financial records are together referred to as internal controls.

Fundamentals of Internal Control Systems

A firm's unique information requirements should be taken into account when designing an internal control system. As a result, the system might be anything from a straightforward manual system to a sophisticated computerized online system with remote terminals dispersed all over the nation. The accounting system must process data effectively, precisely, and promptly whether it is electronic or manual. An internal control system that has been carefully thought out is at the core of any well-designed accounting system.

Protecting the assets under management's control is one of their main duties.

to know more about  Internal Control Systems

brainly.com/question/26398073

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A higher level of interest income can be received if a savings account offers a promotional rate.
KiRa [710]
True. One would get the regular stated interest rate plus the additional promotional rate. Thus one would recieve a higher income via the savings rate.
4 0
3 years ago
Katie’s Cleaning Service has cleaning contracts for 15 apartments, 45 family homes, and 25 office buildings. She estimates that
Tomtit [17]

Answer:

correct option is B: $29,000

Explanation:

given data

apartments = 15

family homes = 45

office buildings = 25

pay for cleaning staff =  $12.50/hour

solution

we get here Total Budgeted hours that is

type                      Number     Hrs/Clean      No of Cleans    Total Hours

Apartments           15                  4                    4                      240

Homes                   45                 6                    4                      1080

Office                     25                10                    4                     1000

Total Budgeted hours need per month                                2320

Budgeted cost per month that is 12.50/hrs so it will           29000

so correct option is B: $29,000

3 0
3 years ago
Which of the following is a disadvantage of a market economy?a. consumer satisfaction is lowb. it limits freedom for producers a
patriot [66]

Answer: The correct answer is c) It does not provide for everyoned.

Explanation:

In a market economy, the problem is that we are not born with the same opportunities, nor the possibility of accessing the same factors of production, nor are we equally qualified in all fields. That is, those who are born in a family with less economic resources, or simply are not enabled in activities that have more benefits, are at a disadvantage compared to the rest of the individuals. These inequalities end up generating inequalities in income distribution.

4 0
3 years ago
Ben was considering spending his gift card on books, music downloads, or movie tickets. He chose the movie tickets. Any values g
Bess [88]

Answer:

b

Explanation:

6 0
3 years ago
Which of the following is the process of taking the necessary preventive or corrective actions to keep things on track?
Kryger [21]
Control is the right answer to keep things on track
4 0
3 years ago
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