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State the factors of Tests of controls
Tests of controls may include
· Enquiriesand observationscorroborating internal control functions.
· Testing of the internal controlsoperating on specific computerised applications or over the overall IT function, for instance access or program change controls.
Q. Implications of Gordons fundamental valuation? Explanation: - The implications of Gordon's fundamental valuation may be as below: (1) While the rate of return of the firm
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what are the advantages and disadvantages of incremental budgeting?
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A.I.G. is often called the largest insurance entity in the world. A.I.G.'s total assets were $860 billion on 12/31/2008 (dwarfing any other insurance entity) with 116,000 employees
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