10,000 + 10,000 = 2,00,000 / 80 % = 25,0000 totally investment
This is an example of discrimination.
Discrimination refers to unequal or unfair treatment or behavior towards individuals belonging to a certain race, gender or social group. Discrimination typically stems from prejudices- unfounded and often untrue negative generalizations and beliefs about individuals belonging to a certain group, social class, race or gender.
Answer: $900000
Explanation:
The second step in any substantive analytical procedures decision process is to determine or calculate a tolerable difference. Since the expectation developed by the auditor will slightly be identical to the client's recorded amount, the auditor must make a decision about the amount of difference that would require further investigation. The size of the tolerable difference relies on the significance of the account, the desired degree of reliance on the analytical procedure, the level of disaggregation in the amount being tested, and the precision of the expectation.
In the above statement,
The tolerable misstatement= 50%
Income before taxes= $36million
5% benchmark appropriate for planning materiality.
Therefore,
The tolerable difference for the analytical procedure:
$36million × 0.05 × 0.5
= $900000
Answer:
Quality control
Explanation:
Six Sigma is a quality business management strategy which helps business organizations to improve the quality of processes, products and services by discovering and eliminating defects, variations or errors. It is a strategic business concept that was developed in 1986 by Motorola.
Under the six sigma approach, any process that doesn't provide customer satisfaction or causes challenges in an organisation's process should be eliminated from the system in order to produce quality products and services. It allows only 3.4 defective features for every million opportunities and as such expects processes to be defect free 99.99966 percent of the time.
Generally, there are two (2) main methods of achieving the six sigma approach;
1. DMAIC: define, measure, analyze, improve and control.
2. DMADV: define, measure, analyze, design and verify.
Hence, a pre-concert rehearsal is an example of quality control because the participants or team members are made to practice their routines so as to master them and prevent mistakes on the day of the concert. Thus, a pre-concert is aimed at getting the best out of a team in order to deliver a quality performance to the audience.
