Give me 2 paragraphs on how auditors manage their day to day tasks
Q: 3
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Q: Am. 104.
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Q: bvs.1
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Q: None
A: To begin, the 3-Year Moving Average technique is a methodology that is often used in the field of…
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A: The objective of the question is to calculate the total combined direct labor cost for the two…
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A:
Q: The Cook Corporation has two divisions--East and West. The divisions have the following revenues and…
A: Current Financial Summary:East Division Net Operating Income: $65,000West Division Net Operating…
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A: Given information, Future value (FV) = $2,000Time (t) = 3 yearsAnnual interest rate (r) = 5% or…
Q: The adjusted trial balance for the year of Dreamer Corporation at July 31, 2021, follows. (Click the…
A: Certainly! Let's break down each financial statement and what they represent:Income Statement:This…
Q: Clipboard 2. RCB Manufacturing Inc. is a manufacturer of after-market auto parts. It is the end of…
A: Part 2: Explanation:1. The first step in addressing the yearend adjusting entries is to calculate…
Q: Federal Income Tax Withholding Bob Browning's weekly gross earnings for the present week were…
A: Part 2: Explanation- Step 1: Calculate Bob Browning's taxable income by subtracting the standard…
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A: Retrospective restatement usally is appropriate for a change in Accounting principle but not in…
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A: Step 1:Computation of the total estimated manufacturing overhead cost in Customizing…
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A: Net Present Value (NPV) is a financial metric used to evaluate the profitability of an investment by…
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A: Step 1: The calculation of the NPV ABCDEF1YearCashflowPVF @ 11%PVF @ 25%PV @ 11%PV @ 25%20…
Q: Please fill out these charts
A: Step 1:Answer 2a.Computation of the total product cost per unit under the variable costing:Per unit…
Q: please answer in text form and in proper format answer with must explanation , calculation for each…
A: Revenue Section:- Sales: $159,500- Sales Returns and Allowances: $1,400- Sales Discounts: $4,160-…
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A: Distribution of $50,000:The entire distribution of $50,000 is treated as a non-taxable return of…
Q: A5
A: Actual hours = 3,300 Standard Hours allowed = Standard DL Hours per unit × Units Manufactured = 3 ×…
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Q: The following section is taken from Oriole Company's balance sheet at december 31, 2021. Current…
A: for more information ping me, Happy learning.
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Q: Provide 7 entries in worksheet
A: DATENOTESMay 3We simply debit inventory or merchandise inventory then credit cash, $9000.May 5For…
Q: Explain why consistency is important in financial reporting.
A: Consistency in Financial reporting means applying the same accounting principles, methods and…
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Give me 2 paragraphs on how auditors manage their day to day tasks
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- Give me one solid paragraph on how auditors manage day to day tasksDiscuss any four factors that an accountant would consider when selecting a data input device that they can use to perform their daily taskOutline from your own understanding the roles of the following people in information system audit department: a) The Executive. b) IT Department. c) Your d) User
- Describe how data analytics can be used during an external audit of a company's financial statements. Be specific and provide 4 examples?Which of the following is an example of an input control? a.making sure report that are distributed to the proper people b.monitoring the work of data entry clerks. c. Collecting accurate statistics of historical transactions while gathering data. d. Performing a check-digit test on a customer acount number e.Having anothr person review the design of a business formQ2. What is operational audit? List five examples of specific operational audits that could be conducted by an internal auditor in a manufacturing company?
- Give me 2 solid paragraphs as to why communication is important as an auditori. Briefly inform these stakeholders of the benefits of automation on the current business processes within the organization, specifically referencing the benefits of using a spreadsheet solution and how easy it was to process data to derive the information presented in the report. ii. Give a brief analysis of the data found in the chartCan you tell us what accounting will be used to evaluate each of the responsibility centers?
- Can you explain some impacts of implementing software-based AIS (Accounting Information System) on the different departments and processes in the picture below.Question based on Accounting Information System subject 5. What are the levels of data hierarchy ?6. Distinguish the roles of internal and external auditors7. Distinguish between the centralized and distributed approaches to organizing the IT function.Give and explain three examples of how data analytics can be useful to an accountant