Answer:
b. They typically use financial and non-financial data aggregated at a high level.
Explanation:
The statement which is correct concerning analytical procedures used in planning an audit engagement is statement B because the use of financial and non-financial data aggregated at a high level is commonly used during preliminary analytical procedures. Evaluations of financial knowledge gained by the research of PLAUSIBLE RELATIONSHIPS between both financial plus non-financial data. Typically use financial and non-financial data AGGREGATED AT A HIGH LEVEL, they are a Type of Audit Procedure as well as a Type of Evidence (usually practiced in alliance with different kinds of data) as the aforementioned that it is known as analytical procedures.
Answer:
Debit Furniture Depot $1300
Credit cash $1300
Explanation:
Both furniture and cash are assets held by the company.
When an asset increases, in this case we purchased furniture, we must debit the asset account. On the other hand, when an asset decreases, we have less cash since we paid for the furniture, we must credit the account.
The accounts must always be balanced.
Accounting or accountancy is the measurement, processing, and communication of financial information about economic entities such as businesses and corporations. The modern field was established by the Italian mathematician Luca Pacioli in 1494 (this was on google lol)
Answer: The economy of the United States is that of a highly developed country with a mixed economy. It is the world's largest economy by nominal GDP and net wealth and the second-largest by purchasing power parity (PPP).
Explanation:
<span>The level of maintenance that involves preventive and corrective procedures which are intended to restore equipment to a mission-capable status is the D - level maintenance. The FRC is a place whereby these kind of maintenance is being held. They are the ones who ensure that the transportation vehicle is still capable to operate such as checking their operation systems, maintenance, improvement and sampling.
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