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Why auditors need to attain audit evidence
When significant fluctuations/unexpected relationshipsare identified which are inconsistent with other relevant information or that deviate from predicted patterns, auditors must investigate and obtain adequate explanations and appropriate corroborative evidence.Auditors need to attain sufficient appropriate audit evidence that information being used for analytical procedures is reliable.
Explain the concept of the world beta of a security. Answer: The world beta calculates the sensitivity of returns to a security to returns to the world market portfolio. It is
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Credit enhancement is a key part of the securitization transaction in structured finance, and is important for credit rating agencies. Credit enhancem
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A brief scenario for each of two different organisations is presented. You are advised to read both scenarios before answering the questions that follow. Use the scenario details t
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Seasonal Variation Under this variation, we observe that the variable under consideration shows a similar pattern during certain months of the successive years. An example of s
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