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3 years ago

What are tresholds in auditing?

Business

1 answer:

Greeley [361]3 years ago

5 0

Answer:

Explanation:

The materiality threshold in audits refers to the benchmark used to obtain reasonable assurance that an audit does not detect any material misstatement that can significantly impact the usability of financial statements.

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1. Most students initially believe that if they are good at math, they will be good at accounting.True / False

Contact [7]

Answer:

1. True

2. a & c

3. b

4. a, b & c

5. a, b & c

Explanation:

When you feel interested in math, it's likely accounting is suitable for you.

please read more articles about accounting in these links

https://www.accountingcoach.com/accounting-principles/explanation

https://studymoose.com/foundational-accounting-principles-and-terminology-essay

https://www.edx.org/course/management-accounting-acca-fma-f2-x-8

7 0

3 years ago

Global market channels involve a firm producing goods in:______

topjm [15]

Answer:

A. Their home country and exporting them to other countries.

Explanation:

A global market channel generally explains the production of commodities by a certain or group of firms and goods by a home country and exporting them to other countries. This is seen generally in the production of phones, laptops, tv brands refrigerators and a whole lot of products amongst tier 1 or tier 2 countries and are been shipped to lowest their countries and other tier countries. This is seen to boost the economy and international trade friendship of either countries though the country at the recieving end is loosing per capital but at the end, we need each other to grow and live.

3 0

4 years ago

Freddie's auto service stations were fined for failure to provide the services billed and other things. after being fined, fredd

puteri [66]

It is known as the Total Quality Management or TQM. It is the nonstop procedure of lessening or dispensing with blunders in assembling, streamlining inventory network administration, enhancing the client encounter, and guaranteeing that workers are doing speed with their preparation. Add up to quality administration means to hold all gatherings associated with the generation procedure responsible for the general nature of the last item or administration.

5 0

4 years ago

In the "Input Analysis" section of the spreadsheet model, calculate the correlations between the sales of each type of product a

rodikova [14]

Answer:

The correct formula will be :

=average(past event tab then col in that tab) use this for att, programs, food, and merch

=AVERAGE('Past Events'!C4:C103)

Explanation:

To calculate the correlation between the sales of each kind of product and event attendance, from the Input analysis part of the spreadsheet model.

According to the information provided, in the targeted cell, we will use formula

=Average(data cells)

and for other part of the question is to calculate sales. For this part we can simply use the sum formula, first, we will sum the sales for a single item in past events column than at the end of the past column.

Thus, the correct formula will be :

=average(past event tab then col in that tab) use this for att, programs, food, and merch

=AVERAGE('Past Events'!C4:C103)

7 0

3 years ago

An investment adviser representative is also a commisioned representative at a brokerage firm. the iar has developed an asset al

Zolol [24]

Answer:

The options include:

[A] cannot implement the plan

<em>[B] can implement the plan </em>

[C] can implement the plan only if no commissions are charged

[D] can implement the plan only if no management fee is charged

<em>[B] can implement the plan is Correct</em>

Explanation:

Because the client or consumer has been fully disclosed and he agrees that the Adviser / Representative will obtain a management fee and commissions the Advisor / Representative will be allowed to progress with the project.

5 0

3 years ago

What are tresholds in auditing?​

What are tresholds in auditing?