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Part of the audit team ar DDD partners, tendering for the audit of Waterfun for the 2013 financial year. during yor review of an ASIC company extract for Waterfun, you note that DDD holds an interest in Waterfun.The interest is material to DDD. explain whether any safeguards could be put in place to reduce the threat to an acceptable level. would it make any difference to your answers if the shares were held by a tax partner in the office, rather than being held directly by DDD.
you are an accountant at a local cpa firm that is auditing the accounting records of abc company. youve been asked to
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On March 1, 2009, Warren sold 30 million common shares. In keeping with its long-term share repurchase plan, 2 million shares were retired on June 30. Warren's net income for the year ended December 31, 2009, was $1,050,000,000. The income tax rat..
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Circuit City is considering eliminating one of its stores in a large U.S. city. What are some factors that Circuit City should consider in making this decision?
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If a division is evaluated using return on investment (ROI) without regard to how assets are financed, the denminator in the ROI calculation will be
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yr ending dec. 2012 abc corp. had income from operations before taxes of 1200000 before considering the following. see
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