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Paul [167]
4 years ago
12

The auditors are concerned that these practices are inadequate and that more secure alternatives should be explored. Management

has expressed counter concerns about the high cost of purchasing new equipment and relocating its data center. Required: What risks currently exist that are of concern to the auditors
Business
1 answer:
Genrish500 [490]4 years ago
8 0

Answer:

Audit Risk

Explanation:

Auditors could be Internal or External auditors, however, they both perform similar function in accessing company financial statements or reports. If the auditors are unable to find out financial misstatement and flag the report as correct, meanwhile, the report in actual sense contain errors, it is termed Audit Risk. It comprises of three components which are Detection risk, Inherent Risk, and Control risk

You might be interested in
What does copyright law protect?
kupik [55]

Answer:

Copyright, a form of intellectual property law, protects original works of authorship including literary, dramatic, musical, and artistic works, such as poetry, novels, movies, songs, computer software, and architecture.

6 0
2 years ago
Kevin and Randy Muise have a jar containing 4444 ​coins, all of which are either quarters or nickels. The total value of the coi
aev [14]

Answer:

they have 25 quarters and 19 nickels

Explanation:

let N = number of nickels

let Q = number of quarters

5N + 25Q = 720

N + Q = 44

N = 44 - Q (now we must replace)

5(44 - Q) + 25Q = 720

220  - 5Q + 25Q = 720

20Q = 720 - 220 = 500

Q = 500 / 20 = 25

N = 44 - 25 = 19

6 0
3 years ago
To an experimenter in frame s′, the meter stick's frame, did you make your two measurements simultaneously? if not, which end di
Likurg_2 [28]

No,  it is not possible to measure simultaneously.we have to measure the left end first.

The meter scale is the apparatus for dimension of the period of any item. instance: The duration of the square is 5 meters. right here, 5 is the magnitude of the period and meter is the unit of length. 1 meter of the meter scale is split into a hundred centimeters. Meter scale is used to degree length.

The metre scale alongside the object in order that the 'zero' mark on the metre scale coincides with one give up of the item and studying at the other cease of the size suggests the duration of the item.

Measurement is the procedure of comparison of the given physical amount with the regarded fashionable quantity of the same nature. as an example, dimension of duration the usage of Vernier Callipers and measurement of diameter of wire using screw gauge.

Learn more about measurements here:- brainly.com/question/26668346

#SPJ4

3 0
2 years ago
A Quality Analyst wants to construct a sample mean chart for controlling a packaging process. He knows from past experience that
AlexFokin [52]

Answer:

There are 5 questions altogether, so the answers and explanations are below.

Explanation:

QUESTION 1

Whenever the packaging process is under control, package weight is normally distributed with mean of 20 ounces and standard deviation of 2 ounces. This makes the true mean lie between 18 and 22 [subtract 2 from 20 and add 2 to 20].

For Monday, the mean is the addition of the values then divided by 4. That is, 92/4 = 23

For Tuesday, same computation follows. We have 84/4 = 21

For Wednesday, 80/4 = 20

For Thursday, 76/4 = 19

For Friday, 80/4 = 20

For the packaging process to be out of control, the mean weight for that day of the week must be outside the interval.

The answer is option (A) Monday because the mean weight for that day exceeds the upper limit of 22 ounces.

QUESTION 2

Accordingly, he sampled 4 units of output from each machine.

We will find the mean of the output units from each machine.

M1 : (17+15+15+17) ÷ 4 = 64/4 = 16

M2 : 84 ÷ 4 = 21

M3 : 92 ÷ 4 = 23

The correct answer is option (A) Machine Number 1 because the process mean for that machine is outside the control limit specified. The value 16 is below the lower limit value of 16.71.

QUESTION 3

It is the same as question 2 BUT we are to find the estimate of the process mean for whenever it is under control.

The interval given [16.71 - 23.29] represents the interval within which the process means for machines which are 'under-control' will fall. Hence the estimate of the process mean for whenever the machines are under control is:

(23.29 + 16.71) ÷ 2 = 40/2 = 20

The correct option is (C) 20

QUESTION 4

Specification requires that the piece of material be between 52.47 and 55.53 inches.

The process that produces the piece of material yields an interval of [53.1 - 54.9].

This is gotten from the subtraction of the standard deviation/error from the process mean of 54 and adding the standard error to the process mean of 54.

The answer is option (E) None of the above. This is because the correct answer is 100%. All pieces produced by the process fall within 53.1 and 54.9 inches and this interval falls rightly within the required specification of [52.47 - 55.53] inches.

QUESTION 5

Here, process mean interval is same as the required interval. Subtracting the standard deviation from the process mean and adding it to the process mean, we get our lower limit and upper limit respectively. The distribution of output is also normal.

Since the process is under/in control, it means that the 5 samples had sample means that are within the required interval.

So, since distribution of output (mean) is Normal, 85.01% of the sample means will fall within the middle values of 85.01% of the interval.

The interval spans 1.6 points or inches. This is the distance or difference between the upper and lower limits.

85.01% of 1.6 is 1.36016

We will divide this interval into two so we can get our new standard deviation and subtract it from 59, as well as add it to 59, to get the new interval within which 85.01% of sample means will fall.

1.36016 ÷ 2 = 0.68008

So the new lower limit is 58.31992

New upper limit = 59.68008

Correct answer is Option (E) None of the above

85.01% of sample means will fall within [58.31992 - 59.68008]

If approximated to 3 decimal places as in the options given above, 85.01% of sample means will fall within [58.320 - 59.680] inches.

GOOD LUCK!!

6 0
3 years ago
Antonio has $11.00 to spend on a lunch consisting of hamburgers ($1.50 each) and French fries ($1.00 per order). Antonio's satis
saveliy_v [14]

Answer: <em>$4. 71 hamburger and $6.29 French fries. </em>

Explanation:

Total spendable income of Antonio = $11.00  

1 hamburger = $1.50

1 order of French fries = $1.00

Utility maximization function: U(x1, x2) = x1x2 i.e. 1 hamburger and 2 orders of French fries

Using the Utility maximization function: U(x1, x2) = $1.50 + $2.00

                                                                                      = $3.50 per lunch  

Therefore the customer will purchase hamburger worth of $(1.50 x 11.00/3.50) = $4. 71

And French fries orders worth of $(2.00 x 11.00/3.50) = $6.29

<em>Antonio will maximize his satisfaction by purchasing $4. 71 hamburger and $6.29 French fries. </em>

3 0
4 years ago
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