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Read the Grande Stores Case 7-38 from Chapter 7 of your Auditing and Assurance Services text.
Identify deficiencies in the sufficiency and appropriateness of the evidence gathered in the audit of accounts payable of Grande Stores.Discuss what additional steps you would take to increase the sufficiency and appropriateness of the evidence needed to ensure that the audit mission is completed in a manner that fulfills substantial compliance standards in each separate instance.
monarch associates a u.s. computer parts manufacturer entered into a joint venture with a russian computer technology
Assuming that all sales are on credit, compute the current ratio (two decimal places), inventory turnover ratio (one decimal place), and accounts receivable turnover ratio (one decimal place) for 2013. Explain what each ratio means for Cintas.
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What will the depreciation expense for this purchase (exclude all other plant and equipment) be after its second year of use? (Use FASB GAAP)
Prepare the report using highly technical and accounting specific language to show that you are qualified to give the presentation.
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Jose purchases a building for $100,000 in the current year and wants to use the double declining balance method. The asset has a life of 3 years and a residual value of $10,000. What is the depreciation for the THIRD year?
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