Answer:
Explanation:
1. Significant financial statement accounts are materially affected, either directly through entries in the general ledger, or indirectly through the creation of rights or obligations that may or may not be recorded in the general ledger by major class of transaction.
2. The auditors should design procedures to provide a high level of assurance that the controls related to each relevant assertion are operating effective.
3. A significant deficiency is a control deficiency that is less severe than a material weakness yet important enough to merit attentions by those responsible for oversight of the company's financial reporting.
4. To express the internal control opinion, the auditors should obtain sufficient evidence on the effectiveness of controls at the as of date.
5. Ineffective audit committee oversight of management is regarded as at least a significant deficiency
Answer:
b. the public
Explanation:
When it comes to the legislative process of the government, the "citizens" <em>(the public) </em>play an active and direct role. This gives the public <u>the right to contribute regarding decisions that may have an impact on their lives.</u> It is very important that the government inform its citizens of their rights and responsibilities and the decisions that were made in order to obtain <em>"public awareness."</em>
The direct role of the public may be in the form of consultation, such as<em> asking for their feedback and considering their answers when it comes to the lawmaking process.</em> It is essential that their input in the decision-making process is considered.
So, this explains the answer.
Answer:
A (We should focus the analysis on reviewing worker performance appraisal information as well as conducting a sit down meeting between the manager and direct report to discuss areas for improvement.)
Explanation:
Well in my point of view A option is best. In Training need assessment TNA we determine the need for training by evaluation the gap between expected and actual performance of employees. One to one meeting with managers also help them to identify the improvement areas.
Answer:
a. Fiscal Policy involves changing <u>government purchases and tax</u>. In the United States, Fiscal Policy is implemented by the <u>federal government</u>.
b. <u>An expansionary fiscal policy </u>can be used to address a Recessionary Gap by<u> </u><u>reducing</u><u> </u>taxes and <u>increasing</u><u> </u>government purchases.
Explanation:
Fiscal policy can be described as the employment of the government purchase and taxation level by the federal goveernment with the aim of influencing the aggregate demand and economic activity level.
Expansionary fiscal policy occurs when the government increases its purchases and reduces taxes in order to close Recessionary Gap, while contractionary fiscal policy is when the government reduces it purchases and increases taxes.
Based on this explanation, we have:
a. Fiscal Policy involves changing <u>government purchases and tax</u>. In the United States, Fiscal Policy is implemented by the <u>federal government</u>.
b. <u>An expansionary fiscal policy </u>can be used to address a Recessionary Gap by<u> </u><u>reducing</u><u> </u>taxes and <u>increasing</u><u> </u>government purchases.
