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As an external IT auditor, you have been asked to perform a review of the following: The Financial Transactions Application (FTA) is causing a problem with the General Ledger Application (GLA) due to the timing of the transfer of transactions. Data was transferred late by FTA causing end-of-the-month reports to be inaccurately stated. Managers met to review prior month's activity reports, and noticed a shortfall of $50,000 in some accounts. Prepare an audit plan to conduct procedures to address this type of situation
For eCatalog Services Was the revenue earned in October or November? What accounts should be debited and credited in October and November?
A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term government and corporate bond fund, and the third is a T-bill money market fund that yields a cure rate of 5.3%.
Complete the payroll register showing Gross Pay, Net pay, Total payroll liability if they are paid Total deductions = statutory deductions + voluntary deduction
Find What is the price of the stock for Pharsalus Inc? This dividend is expected to grow at a rate of 8.4 percent per year forever.
Prepare a Cash Flow Statement using the indirect method and the most recent data is in the first column
Homestead jeans co. has an annual plant capacity of 65,000 units, and current production is 45,000 units. Monthly fixed costs are 54,000 and variable costs are $29 per unit. prepare a differential analysis on whether to reject or accept the dawkins o..
A company requires 1.5 billion for investment in a perpetual bonds, market yield is 8.5% per annum compounding semi-annually. Calculate how many bonds required
On 1/1/2014 the Jackson Co. has a $40,000 debt outstanding which matures on 12/31/16. Interest which is payable on Dec. 31 of each year, was last paid on 12/31/13. Using the effective interest method. how much interest expense is recognized on the de..
Prepare an unadjusted trial balance. Journalize the adjusting entries. Record the adjusting entries of the journal. Prepare the closing entries. Record the closing entries on Page 23 of the journal.
Amy's new product offerings. In a competitive bidding contest, how much premium will A have to pay out to Amy's shareholders to win the bid?
Lewis, Schultz and Nobel Development Corp. has an after-tax cost of debt of 4.5%. With a tax rate of 21%, what is the yield on the debt
Prepare journal entries to close the accounts directly to Retained Earnings. After these entries are posted, what is the ending balance in the Retained Earnings
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