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State about the Detection risk
This is the risk that auditors 'substantive procedures don't detect a material misstatement in an account balance or class of transactions. It is mainly the consequence of the fact that auditors don't, and can't, examine all available evidence.
Having assessed inherent risk and control risk, detection risk is then balancing figure set to achieve an acceptable total audit risk.
Why do analysts calculate financial ratios? Ratios are comparative measures. For the reason that the ratios show relative value, they permit financial analysts to compare inf
Determine the factors of Large organisations - Greater efficiency and productivity achieves economies of scale - Easier to manage, organise and control workers through hie
Starbucks future cash flows
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Roxanne invested $560,000 in a new business 7 years ago. The business was expected to bring in $8,000 each month for the next 26 years (in excess of all costs). The annual cost of
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