Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The ?rm of Le and Lysius was conducting the audit of Coomes Molding Corporation for the ?scal year ended October 31. Michelle Le, the partner in charge of the audit, decides that MUS is the appropriate sampling technique to use in order to audit Coomes's inventory account. The balance in the inventory at October 31 was $4,250,000. Michelle has established the following: risk of incorrect acceptance = 5% (i.e., the desired con?dence level of 95%), tolerable misstatement = $212,500, and expected misstatement = $63,750. Required a. Calculate the sample size and sampling interval. b. Hon Zhu, staff accountant, performed the audit procedures listed in the inventory audit program for each sample item. Calculate the upper limit on misstatement based on the following misstatements. What should Hon conclude about Coomes's inventory account? Error Number Book Value Audit Value 1 $ 6,000 $ 2,000 2 24,000 20,000 3 140,000 65,000
Determine the objectivity of the two measurement systems for the year under consideration. On the basis of your examination, which of the two systems would you prefer? Explain.
develop the mathematical relationship for total cost and revenue
total stockholders equity representsa.a claim to specific assets contributed by the owners.b.the maximum amount that
explain using proper database terminology why it is only necessary to enter journal entries into the sap system and it
Is Landon's proposal acceptable accounting?
which of the following is not an example of a product cost at a gym?a. salary paid to instructors.b. corporate office
watts and zimmermans positive accounting theory isa. one of several normative theories of accounting b. one of
Are there times when the values of the tangible assets are actually less than the value of the intangible assets, such as Goodwill?
Discuss ideas for a new business in your community. Explain what is the new business will you provide and why your community is need of such a business.
The board of a company decides that the strategic objectives of the company should be:to become established as the best in its field.
Last month when Harrison Creations, Inc., sold 40,000 units, total sales were $300,000, total variable expenses were $240,000, and fixed expenses were $45,000.
Investment income and related expenses amt. to $7,000 and $500 respectively. What is Mike and Sally's interest deduction for the 2010 tax year?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd