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MrMuchimi
3 years ago
13

Which of the following statements is correct concerning analytical procedures used in plan- ning an audit engagement?

Business
1 answer:
nata0808 [166]3 years ago
4 0

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.

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Answer:

$4,068

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Monthly electricity costs = $42

Her costs per year will be

= ($297 x 12) + ( $42 x 12)

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3 years ago
If a market basket was defined in 2014 and it cost $10,000 to purchase the items in that basket in 2014, while it cost $11,000 t
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Answer:

110

Explanation:

The computation of the price index is presented below:  

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= ($11,000) ÷ ($10,000) × 100

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We simply applied the above formula so that the price index could come by considering the cost of 2014 and cost of 2015

5 0
4 years ago
Jabari is power washing houses for a summer job. for every job, he charges an initial fee plus \$30$30dollar sign, 30 for each h
barxatty [35]

f(t) = 50 + 30t

Step-by-step explanation:

Let,Jabari total fee = f (in dollars) and the time taken per hour = t

Let, the initial fee charged = x dollars.

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As, the total fee charged for 4 hour job is 170.

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Initial fee + 30 × 4 = 170

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f(t) = Initial fee + 30 × Fee per hour

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Hence, the function formula for the given situation is f(t) = 50 + 30t.

What is Function formula ?

function, in mathematics, an expression, rule, or law that defines a relationship between one variable (the independent variable) and another variable (the dependent variable).

If a variable y is so related to a variable x that whenever a numerical value is assigned to x, there is a rule according to which a unique value of y is determined, then y is said to be a function of the independent variable x.

This relationship is commonly symbolized as y = f(x)—which is said “f of x”—and y and x are related such that for every x, there is a unique value of y. That is, f(x) can not have more than one value for the same x. To use the language of set theory, a function relates an element x to an element f(x) in another set. The set of values of x is called the domain of the function, and the set of values of f(x) generated by the values in the domain is called the range of the function.

Learn more about function formula use :

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