An audit program which is done on a random basis is: c) discriminant function system program.
<h3>What is an
audit program?</h3>
An audit program is also referred to as audit plan and it can be defined as a series of directions that an auditor and his or her team members must follow, in order to achieve the proper execution of an auditing process.
<h3>The types of
audit program.</h3>
In Business management, there are different types of audit program and these include the following:
- National research program.
- Discriminant function system program.
In conclusion, discriminant function system program simply refers to a types of audit program which is done on a random basis.
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Explanation:
The three activities that took place in the forming stages are:
- Team members introduce to each other, they share their backgrounds and information about their interests and experience and develop impressions towards each other.
- Team members come to know about each other strengths, interests, and challenges.
- Team members learn about the project they are doing work and they discuss the project's goals and they conceive about what contribution and role they are going to perform on the particular project.
Answer:
1) Real GDP = Base year price X Current year quantity
Real GDP for 2009 using 2009 as base year = 5 X 100 + 40 X 20 = 500 + 800 = 1300
2) Real GDP for 2009 using 2010 as base year = 5.25 X 100 + 24 X 20 = 525 + 480 = 1005
3) Real GDP for 2010 using 2009 as base year = 5 X 110 + 40 X 30 = 550 + 1200 = 1750
4) Real GDP for 2010 using 2010 as base year = 5.25 X 110 + 24 X 30 = 577.5 + 720 = 1297.5
5) GDP growth rate using 2009 as base year = (Real GDP for 2010 - Real GDP for 2009)/Real GDP for 2009 X 100
= (1750 - 1300)/1300 X 100 = 450/13 = 34.61
6) GDP growth rate using 2010 as base year = (1297.5 - 1005)/1005 X 100 = 29.10
7) Arithmetic average of growth rates = (34.61 + 29.10)/2 = 63.71/2 = 31.85
Answer:
Price of the Bond is $4,268.26
Explanation:
The price of the bonds can be obtained using a Financial calculator by entering the data as follows :
r = 6.27%
Pmt = $0
n = 14
Fv = $10,000
Pv = ? Price of the Bond
Therefore, Pv, Price of the Bond is $4,268.2561.
Thus Price of the Bond is $4,268.26 ( 2 decimal places).
This is false that Business intelligence (bi) systems have four standard components called hardware, software, data, and procedures.
Business intelligence (BI) is a technology-driven method for data analysis and information delivery that aids managers, employees, and executives in making wise business decisions. A sort of software known as "business intelligence," or "BI," can maximize the potential of data within an organization. To help businesses make wise judgments, it provides a better way to compare, sort, and examine data.
The five standard parts of Business intelligence (BI) systems are technology, software, data, processes, and people. a Business intelligence (BI) system's software component is referred to as a BI application.
Business intelligence (BI) assists users in making decisions based on data analysis. Advanced statistics and predictive analytics are used by data scientists to delve into the details of data in order to find patterns and predict new patterns.
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