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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Answer:
A
Explanation:
The correct answer is:
A. Accounts Payable 2,000 Cash 2,000
Contributing to the negative balance of payments.
Answer:
January 3.54
February 2.24
March 2.33
April 3. 12
Explanation:
<em>We should calcualte the total machine hours:</em>
hours per machine x machine used and then we divide the production of the month by this amount The result is how many units of output we generate per machine hours.
<em />
<em>January</em>
2,100 / (297 x 2) = 3.54
<em>February</em>
1,600 / (178 x 4) = 2.24
<em>March</em>
2,600 / (371 x 3) = 2.33
<em>April</em>
2,800 / (299 x 3) = 3.12
I believe the correct answer from the choices listed above is option C. If the country is in a recession, the government can <span>increase spending or decrease taxes</span><span> to help bring the economy back to its original level. An expansionary fiscal policy can be done. Hope this answers the question.
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