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Using your IDEA audit software and workbook, walk through and complete the entire process described in Section 4, related to the analysis of inventory. Create a document in MS Word that briefly documents the audit and/or data analysis processes that you employed using IDEA to arrive at each of your audit findings. In your document, each audit finding should have a brief narrative section as well as a corresponding screenshot(s) to support the finding and/or your comments. All required screenshots should be inserted at the end of this exam.
explain what the quantity factors price factors and unit cost factors mean? what are these used for? s any value in
Based on your confidence interval, can you reject the null hypothesis at the .05 level? What is the 95% confidence interval on the difference between means?
Pirate, Inc. leased equipment from Shoreline Enterprises under a four-year lease requiring equal annual payments of $180,000, with the first payment due at lease inception.
on january 2 2011 well co. purchased 10 of rea inc.s outstanding common shares for 400000. well is the largest single
Kent Co. includes one coupon in each bag of dog food it sells. In return for eight coupons, customers receive a leash. The leashes cost Kent $2.00 each. Kent estimates that 40 percent of the coupons will be redeemed. Data for 2006 and 2007 are as ..
you have been asked to comment on the accounting treatment for various transactions that you recorded or prepared for
What is the effect of this transaction on the company's assets, liabilities, and income before income taxes?
on january 31 2011 b corp. issued 450000 face value 10 bonds for 450000 cash. the bonds are dated december 31 2010 and
Refer to the information in Exercise 9 13 and prepare the journal entries for the following selected transactions of Dulcinea Company for 2013.
A firm has total assets of $3,000,000. It has $1,200,000 in long-term debt. The stockholders equity is $1,000,000. What is the debt to total asset ratio
Harry purchased one share of common stock in a computer company for $90. Shortly after he purchased it, the corporation distributed two new shares of common stock for each share held. What is his basis for each of the three shares of common stock?
Prepare a schedule analyzing the changes in each of the plant asset accounts during 2011. this schedule should include columns for beginning balance, increase, decrease and ending balance for each of the plant asset accounts.
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