The question is about Audit procedures of inventory that differ if
The Inventory is in small number
- Complete inventory can be counted.
- The inventory is different type of boats each boats market price can be checked separately.
- Floor to record and record to floor can both be tested appropriately.
The Inventory is in large number
- Sample based count.
- The inventory is different type of boats each boats market price can not be checked separately, instead again a sample of inventory will be checked.
- Floor to record and record to floor can be tested on a sample basis.
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<span>Recognition process consists of two phases of activity, they are
"discovery" and
"evaluation".
</span>
Opportunity discovery<span> is a deliberate advancement process
that creates new thoughts, consolidates them to frame potential openings, and
after that distinguishes the most encouraging ones for analysis that sets up
the reason for business improvement and while complete evaluation of a business
opportunity incorporates a hazard evaluation. A genuine evaluation of the
potential dangers innate in your new business can enable you to get ready for
conceivable issues and choose whether the dangers are worth the investment. </span>
Answer:
$28 million
Explanation:
Calculation to determine the minimum estimated value of the synergistic benefits from the merger
Using this formula
Minimum estimated value of synergistic benefits=Cash-Value
Let plug in the formula
Minimum estimated value of synergistic benefits =$482 million-$454 million
Minimum estimated value of synergistic benefits=$28 million
Therefore the minimum estimated value of the synergistic benefits from the merger is $28 million
<span>The No Child Left Behind mandate made this so. The mandate was passed in 2001 and it required that schools have to test their students in areas such as reading and report the scores. The goal was to make all students proficient on state tests to prove literacy had improved.</span>