It is true that the narrative pattern of organization is particularly effective when addressing a sympathetic audience.
The narrative pattern refers to the fact that you are organizing your speech or writing around a particular story that you want to tell. You want your audience to perhaps learn something from your story, to get your message, and it will be particularly successful if your audience is a sympathetic one.
Answer: Yes, <em>Jim should pay back the money he used for his electric and phone bill.</em> Since he is the custodian of petty cash for the company it is his responsibility to account for the money. The petty cash should only be used for work related expenses. The company could ask for an audit and Jim could get fired because there no record of the cash being given out for company expenses. Jim should put an IOU in the petty cash drawer and explain why it was taken out. Jim should also speak with one of the managers of the department to explain about the missing petty cash.
If Ruskin receives a check and deposits it in its checking account, the float amount is $300,000.
<h3>What is the float amount?</h3>
The float amount is the amount that a customer's account reads in the bank at a particular point in time.
The float amount is usually briefly counted twice due to time gaps in registering a deposit and processing the paper checks.
Thus, if Ruskin receives a check and deposits it in its checking account, the float amount is $300,000.
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Factors related to the susceptibility of accounts to misstatement or fraud include the Size of the account balance and the volume of transactions.
A fraud risk factor is an event or condition that: (1) shows rationalizations or attitudes that justify wrongdoing; (2) Demonstrates motivation or pressure to commit fraud; or (3) provides an opportunity to commit fraud.
From the auditor's perspective, the three components of audit risk are inherent risk, control risk, and detection risk.
Inherent risk refers to the vulnerability of a statement to susceptibility misrepresentation due to error or fraud that, individually or in combination with other misrepresentations, could be material before appropriate controls are applied. increase.
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