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Examine about the Risk-based auditing
A risk based audit will be reviewing the risk management process and considering main risks of the organisation as a whole.
Risk management procedures are used to assess what risks will impact on business. These are not only within the organisation however much wider and look outside the business externally into its environment. If these risks aren't mitigated then business maybe severely affected resulting in the business not continuing in the future. Illustrations are competition, latest business developments, the state of the economy and social trends.
What are financial markets? Why do they exist? Ans: Financial markets are in which financial securities are bought and sold. They be present primarily to bring deficit economi
Finance companies Finance companies make loans to individuals as well as corporations by providing consumer lending business lending also mortgage financing. A few of their loa
Jack needs to borrow $1,000 for the next year. Bank South will give him the loan at 9 percent. Suncoast bank will give him the loan at 7 percent with a $50 loan origination fee. Fi
Q. What do you mean by Cash Flow Ratios? Cash Flow Ratios: - Cash Flow Ratios are an additional device of cash management. Some important cash flow ratios are: (i) Cash Turn
Define depreciation expense as it appears on the income statement. How does depreciation affect cash flow? The term accounting depreciation is the allocation of an asset's init
An Investor can receive income from this source when the bonds purchased at discount are held up to maturity or when he sells the bond before ma
Q. What are Sources of Finance? No details are specified concerning the nature of a business to comment on and hence only general recommendations can be made. Given that fixed
operating cycle in vegetable growing business in uganda..
a) An approx. 3% defect rate (i.e. 0.03 x 300m units) = 9m units per year. b) A apparent definition of Quality Assurance should be awarded, e.g. the management process of guaran
Explain the pricing-to-market phenomenon. Answer: The pricing-to-market abbreviated as PTM refers to the phenomenon that similar securities are priced in a different way for diff
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