Common corroborating procedures include examination of supporting evidence, inquiries of independent persons, and evaluating evidence obtained from other auditing procedures.
<h3>What is
evidence ?</h3>
- Evidence refers something that can be used to prove something.
- For example, the evidence presented at the trial, or the trail of breadcrumbs following Hansel's trail through the woods.
- Evidence is an item presented by a party to make the auditing of a fact more or less likely.
- Evidence may take the form of testimony, documents, photographs, videos, audio recordings, DNA tests, or other physical objects.
- There are two types of evidence for auditing . direct evidence and circumstantial evidence testimonies.
- This is one of the most common forms of evidence given orally or in writing by a witness under oath.
- It can be obtained in court, by affidavit, or by affidavit.
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Answer:
The correct answer is (C) a general and ongoing rise in the average level of prices in an economy.
Explanation:
The definition above, usually applies to inflation only if the rise happens for a certain period of time. In other words, the price does not fluctuate. Though oftentimes we consider inflation as bad, this occurrence brings both positive and negative effects. Negative effects of inflation are seen in the discouragement of savings and investments and goods shortages because people might consider buying products at large quantities due to the price volatility. Positive effects of inflation include the decrease of unemployment.
Answer:
a weakness
Explanation:
Industry analysis
This is a method used by company to assess its market position relative to its competitors. Companies do uses the SWOT analysis to assess their performance generally.
SWOT analysis stand for
1. Strengths in SWOT
This is simply regarded as an are areas where the organization has set of skills and resources that would gives them room it to pursue and meet goals efficiently.
2. Weakness in SWOT
This is said to be where the organization is lacking resources and would be prevented from pursuing some goals.
3. Opportunities in SWOT
These are regarded also as conditions that benefits the interest of an organization and would help inachieving its goals.
4. Threats in SWOT
These are also refered to as conditions that would hinder the organization from achieving its goals.
Answer:
ethical
Explanation:
Corporate social responsibility (CSR) can be defined as an organization's obligation to act in a manner that benefits and adds significant value to the society, usually it has its business operations.
Hence, in addition to making profits and maximizing shareholders, organizations are required to lessen negative environmental impact or degradation and provide social amenities such as pipe-borne water, electricity, roads etc.
According to Carroll, the four (4) main levels of an organization's pyramid of corporate social responsibility are;
I. Legal
II. Economic.
III. Philanthropic.
IV. Ethical.
In this scenario, Whole Life Spa uses only organic products that are mainly considered to be environmentally friendly. Thus, Whole Life Spa is operating at the ethical level of the pyramid of corporate social responsibility because it involves doing or performing actions that are considered to be morally right.
The demand for air travel between two cities doubles. The elasticity of the supply of air travel between these cities will <span>become more elastic, the longer the time since demand doubled</span>. Elasticity is the responsiveness between supply or demand when nothing changes but the price. In this situation, the demand for air travel between two citifies doubled, so, the traveling is elastic because even though the demand rose, so did the price, but the demand didn't start to drop.