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Tests of controlor systems based auditing
Tests to obtain audit evidence about effective operation of the accounting and internal control systems. It isn't concerned about detailed underlying transactions though interested in the controls which are in place which manage the information.Itis testing that the control is:
. Why do some organizations seem to have a new CEO every year or two, whereas others have top leaders who stay with the company for many years (e.g., John Chambers at Cisco)? What
evaluate the importance of leverage in financial management of a small scale company
A mortgage may be defined as a pledge of property to secure a debt payment; in this context, we will use the term property to mean real estate. If the
The ability of a firm to satisfy its debt obligations can be assessed using three sets of ratios: Short-term solvency ratios Capitalization
Which one is true 1.the higher the discount rate the lower the cost of trade credit 2.the higher the discount rate the higher the cost of trade credit 3.cost of trade credit duri
What considerations might limit the extent to which the theory of comparative advantage is realistic? Answer: The theory of relative advantage was initially advanced by the ninet
Tests in Investments There are many rules that specify how the past data of share prices can be used to obtain a clue regarding the future prices of shares. Such rules would be
Q. Illustrate the method of appraising capital investments? One of the potency of internal rate of return (IRR) as a method of appraising capital investments is that it is a di
Cash flows from financing activities: Items included in this heading are: Cash receipts Cash payments Cash receipts from iss
how do we compute for benefits can derrive out of using lockbox system?
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