John and Patricia are auditors for a regional CPA firm and travel regularly to client locations. The firm invoices their time to clients at a rate of $105/hour as soon as jobs are completed. The firm recognizes the cost of their labor at $60/hour, including payroll taxes and benefits. (a1) If John and Patricia spend a combined 15 hours at one client and complete the audit while there, how much labor cost will the firm recognize for this job? Labor cost $
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- Damon Davis was finalizing the paperwork for Drano Plumbing. He projected a net profit of $50,000. When he added up the columns on the Balance Sheet, he saw that the debit column was equivalent to $400,000 and the credit column was equal to $300,000. Which of the following was the most probable explanation for the mismatch in results? If this was not the cause of the issue, what should he undertake to ascertain its origin?The worksheet for the Drano Plumbing Company was prepared by Damon Davis. He determined that his net income was $50,000. He added up the $400,000 shortfall on his Total Financial Sheet Columns and the $300,000 credit, and then he calculated: Who is aware of the most likely explanation for this disparity? If such is the case, how should he go about locating the issue?A number of professional contacts and outside persons (friends of the employees) may appear in this scenario. Who are they? Are they involved in any of the activities uncovered? 2009-M57-Patents The 2009-M57-Patents scenario tracks the first four weeks of the 13corporate history of the M57 Patents company. The company started operation on Friday, November 13th, 2009, and ceased operation on Saturday, December 12, 2009. As might be imagined in the business of outsourced patent searching, lots of other activities were going on at M57-Patents.13 corporate
- As of the time of writing, Damon Davis was completing out the paperwork for Drano Plumbing. He estimated a $50,000 net profit would be made. He counted the columns of the balance sheet and knew how much was in the credit column ($300,000) and how much was in the negative column ($400,000). What, in your opinion, was the most plausible reason for the discrepancy in the results? What should he do next to identify the issue's cause if this wasn't the cause of the issue?Each semester, each student must be assigned an adviser who counsels students about degree requirements and helps students register for classes. Each student must register for classes with the help of an adviser, but if the student’s assigned adviser is not available, the student may register with any adviser. We must keep track of students, the assigned adviser for each, and the name of the adviser with whom the student registered for the current term. Represent this situation of students and advisers with an E-R diagram. Also, draw a data model for this situation using the tool you have been told to use in your course.Case 1Mark Proctor, a registered auditor arranged with some of his clients to pay the fees that he charged for auditservices, in cash. For clients who agreed to do so, no VAT was charged and a discount was given. Case 2 Because the budget for the audit of Afrimat Ltd would be exceeded and because he felt that, he had acompetent audit team, A Smith the registered auditor in charge of the audit decided not to spend thenecessary time on reviewing the work papers of the audit team. Case 3Clark Parker the registered auditor in charge of the audit of Datatec Ltd, made racist comments concerningthe client’s staff during the audit planning session.Case 4 Peter Kent the registered auditor in charge of the audit of Advetech Ltd, charged the client a fee for auditprocedures that he knew had not actually been carried out.Case 5 Scott Temple, the registered auditor in charge of the audit of Crookes Brothers Ltd, failed to identify themisapplication by the client of an important accounting policy.…
- Prove each of these: Gonzales was either invited or not. Directors invited Gonzales to meetings. Gonzales did not attend the conference. If Gonzales wasn't invited to the meeting, the directors will terminate him. Gonzales departs the company. Attending was Gonzales. Gonzales was invited to the event. Directors wanted Gonzales at the meeting. Gonzales quit the firm?Damon Davis was finalising Drano Plumbing's paperwork. He projected a $50,000 net profit. When he added up the columns on the Balance Sheet, he saw that the debit column amounted to $400,000 and the credit column amounted to $300,000. What was the most probable cause of the outcome discrepancy? If this was not the cause of the issue, how should he proceed to ascertain its origin?Duyong Beach Resort is a contemporary hotel that offers rooms with private balconies that face the sea. Your company has obtained a contract from Duyong Beach Resort to design, maintain and update their online reservation system. All room's prices are subjected to tax and service charge. Therefore, total room price must include 6% of tax and 10% of service charge. Table 1 lists price per night, tax, and service charge for all type of rooms. (b) Room Type Standard (S) Deluxe (D) Family (F) (c) (a) float calculate_basicPrice (char roomType, int night) ● You have been assigned to create and implement this task using C program. You have been instructed to include the following functions: Table 1: List of Price for All Rooms Price per Night Tax Charge RM 230.00 RM 300.00 RM 420.00 accept roomType and reservation duration (night) from main function calculates basic room price for number of night(s) entered according to Table 1 return basic room price to main function void calculate_charges…
- Create a Crow’s Foot ERD to include the following business rules for the EaonCo company: Each sales representative writes many invoices. Each invoice is written by one sales representative. Each sales representative is assigned to one department. Each department has many sales representatives. Each customer can generate many invoices. Each invoice is generated by one customer.Given the following case you are to answer the two questions on the following pages. Bob’s Supply (BS) needs to keep track of the parts they have in their inventory. He wants to know the description of each part, the color of each part, how many of each item is in stock [QOH], and how much each part costs him. BS also needs to keep track of who supplies each part, the supplier’s name, contact person, and telephone number. We know that each part in inventory has only one supplier, but some suppliers supply multiple parts to BS. Bob wants each part and each supplier to have assigned an identifying number. 1. Identify the tables needed to design the database and the fields [attributes] needed for each table and the role or function that some attrIbutes take on. 2. Create the database design for this case below using an Entity-Relationship Diagram.Computer Science Rewrite this brief section. Create a table that illustrates the data. INTRODUCTION: The University of Wisconsin–Stout has experienced a series of large budget cuts in recent years. The athletic department has been granted an estimated budget of $250,000 for updates of current facilities. For a new floor installation to be feasible, the total cost must not reach over $250,000. FIGURES: According to Connors Flooring, the total installation cost of a maple sports floor is $81,300 with over 38 years of life expectancy. This is based on a 10,000-square-foot floor. The Maple Floor Manufacturers Association has concluded that wood floors also require regular cleaning, sanding, lines repainted, and floor refinishing approxi- mately every three years. This is a cost of approximately $8,000.00 per three years, equaling $2,666.00 p/year. With a 38 year life expectancy, the total for cleaning, sanding, painting, etc. = 101,308. CONCLUSION: The total cost of the floor is under…