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what is Substantive tests or transactions based auditing
Tests to attain audit evidence to detect material misstatements in financial statements. Using analytical procedures and other substantive tests to review the accuracy of the accounting information, for illustration testing transactions and balances, review of minutes of directors meeting and enquiry.
what are the advantages and disadvantages of incremental budgeting?
Historically, three types of shapes have been observed for the yield curve. The relative change in the yield for each treasury maturity is known as a
Fixed Weight Aggregates Method In fixed weight aggregates method, the weights used are neither from base period nor from current period but from a representative period. These
Advantages of Floating rate notes: We know that the coupon rate is fixed for fixed rate bonds and that throughout its tenure the investor receives coupons at a predetermined in
Significance of Secondary Markets: High liquidity and constant demand in the market need a diversified investor base with different preferences of demand, maturity and risk. Ap
there are 3 compaies i have to find out the price of equity share by using walters and gordons model.
What are the pros and cons of commercial paper relative to bank loans for a company seeking short-term financing? Commercial paper is generally a cheaper source of short-term fin
Q. Location of lifting anchors in precast concrete units? It is desirable that position of anchors be located symmetrical to the centre of gravity of precast concrete units. Or
I nvitation of bids and bid publicity In previous sub section we learnt how the bid capacity for works and goods are calculated. We discussed how to prepare the bid documents,
a) Year 2 ROCE = $400k / $1,000k = 40% Year 1 ROCE = $360k / $800k = 45% b) ROCE is an efficiency ratio that measures the monetary performance of a firm compared with the amo
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