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What is the objective of performing this test? What is the sampling unit?What is the population?
These are the questions I am confused on the sampling and population I have some information
Richard Derick has asked you to develop a sampling plan to determine the extent of misstatements in classifying expenditures as repairs and maintenance expense or factory equipment additions. Given the problems noted during control testing (as described in Module II), Derick believes that significant misstatements may have occurred.The same vendor's invoice frequently contains charges for parts and supplies as well as equipment, and the Biltrite employees preparing the vouchers sometimes fail to distinguish among the charges and simply indicate "factoryequipment" as the debit if the invoice amount is large. Inasmuch as this type of misstatement would cause an overstatement in the factory equipment account, Derick instructs you to use MUS sampling to determine the extent to which such misstatements have occurred during 2009. Of the total debits-$89,860,000 to factory equipment during 2009-major additions in the amount of $77,260,000 have been made to replace worn-out equipment. Derick has decided to audit the major additions in their entirety and sample the remainder.
In the context of the public sector, discuss incremental system of budgeting and evaluate their strengths and weaknesses
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i want to make assignment
How to treat them both which affect the trial balance and which dont affect the trial balance
Sales= 4,500,000 Min required return= 15% Avg Operating assets= 1,800,00 Residual Income= 90,000 !) Whats the company's return on investments? Please show work so I can see how
definition of cost of control
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#Hi! would you mind to help me? is there such an accounting term as Withholding Tax Payable??? please help me.. thanks
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