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Determine the calculation of materiality
For example:
Turnover 1% -1.5%
Net assets 1% -2%
Net profit 2% -6%
Whatever numbers are selected they would be based on reliability and confidence the auditor places on
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Describe the difference between a parallel loan and a back-to-back loan. Answer: A parallel loan contains four parties. One MNC (multinational company) borrows and re-lends to
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how can management use financial ratios
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It is true that company monetary statements will often consist of narrative information about staff as a key resource. However, under accounting regulation this resource is not sho
Ken started college at the age of 18 with $63,450 already saved, because 18 years ago his saving account 7.25 per year.
Q. Explain what is Comprehensive Income? Comprehensive Income - Change in EQUITY of a business enterprise during a period from transactions and other circumstances and events f
Define operating cycle and long and short operating cycle? Use of operating cycle? Can someone give me assistance on these questions??
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