Explain the relationship between the occurrence transaction-related audit objective and the existence and completeness balance-related audit objectives.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
There is a direct relationship of the occurrence t...View the full answer
Answered By
Lamya S
Highly creative, resourceful and dedicated High School Teacher with a good fluency in English (IELTS- 7.5 band scorer) and an excellent record of successful classroom presentations.
I have more than 2 years experience in tutoring students especially by using my note making strategies.
Especially adept at teaching methods of business functions and management through a positive, and flexible teaching style with the willingness to work beyond the call of duty.
Committed to ongoing professional development and spreading the knowledge within myself to the blooming ones to make them fly with a colorful wing of future.
I do always believe that more than being a teacher who teaches students subjects,...i rather want to be a teacher who wants to teach students how to love learning..
Subjects i handle :
Business studies
Management studies
Operations Management
Organisational Behaviour
Change Management
Research Methodology
Strategy Management
Economics
Human Resource Management
Performance Management
Training
International Business
Business Ethics
Business Communication
Things you can expect from me :
- A clear cut answer
- A detailed conceptual way of explanation
- Simplified answer form of complex topics
- Diagrams and examples filled answers
4.90+
46+ Reviews
54+ Question Solved
Related Book For
Auditing and Assurance services an integrated approach
ISBN: 978-0134065823
16th edition
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan
Question Posted:
Students also viewed these Auditing questions
-
Explain the relationship between objectives and strategies.
-
Explain the relationship between application controls and transaction-related audit objectives.
-
The following are various audit procedures performed to satisfy specific transaction-related audit objectives as discussed in Chapter 6. The general transaction-related audit objectives from Chapter...
-
A psychologist shows a list of eight activities to a subject in an experiment. How many ways can the subject pick a first, second, and third activity? a. Identify the total number of objects n and...
-
Johnson Products is considering purchasing a new milling machine that costs $100,000. The machines installation and shipping costs will total $2,500. If accepted, the milling machine project will...
-
The following data apply to Gordon Company for 2012: Sales revenue (120 units at $35 each) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $4,200 Variable selling expenses . ....
-
Calculate the maximum power and LCOE for a parabolic collector similar to that in Example 8.1, but assume that an evacuated tube receiver is used (case E in Figure 8.18a). Example 8.1 Figure 8.18...
-
Winans Company uses the lower-of-cost-or-market method, on an individual-item basis, in pricing its inventory items. The inventory at December 31, 2013, included product X. Relevant per-unit data for...
-
Using information obtained from television and online advertisements plus sales promotions and direct marketing, compare and contrast the promotional strategies of Walmart and Target. Cite all your...
-
Sandy and John Ferguson got married eight years ago and have a seven-year-old daughter, Samantha. In 2022, Sandy worked as a computer technician at a local university, earning a salary of $152,000,...
-
The information technology (IT) department at Jacobsons, Inc., consists of eight employees, including the IT Manager, Melinda Cullen. Cullen is responsible for the day-to-day oversight of the IT...
-
Indicate the four phases of the audit process. In which phase does the auditor perform tests of controls?
-
Match the following transactions, which are denominated in a foreign currency, with the appropriate foreign currency and exchange gain or losseffects. Matching Foreign Effect Appreciates Appreciates...
-
Discuss common attack vectors in operating systems, such as buffer overflows and privilege escalation. What techniques can be employed at the operating system level to mitigate these risks ?
-
COGS in accounting what do you think is the most challenging aspect of this part of the accounting process? Can you find an example by doing some research of a time this went wrong for a business or...
-
Pick a current governmental or political (not historical) issue or problem of importance in Texas government Address the various sides of your chosen issue and draw conclusions based on your analysis...
-
Suppose that a specific tax of $10 is imposed on consumers of rye. The rye market supply is Qs = 20 + P and the rye market demand is Qd = 200 - P. What is the consumers' tax burden?
-
Assume a reduction in the supply of thirty-year UK government bonds Explain whether this will affect their yields assuming that the liquidity premium theory of the term structure is valid.
-
In Exercises sketch a possible graph for a function that has the stated properties. (x) is continuous for all x except x = 1, where has a nonremovable discontinuity.
-
Explain the term global capital markets. This chapter primarily discusses global equity markets. What other types of financial instruments are traded in these markets? How important are global...
-
Define the sampling interval when using MUS sampling. How is it calculated?
-
Assume that the auditor tested an account receivable with a balance of $3,000 and determined that the audited value was $2,700. That is, the auditor determined the receivable was overstated by $300....
-
What are the most significant balance sheet and income statement accounts related to the acquisition and payment cycle?
-
For its three investment centres, Stahl Company accumulates the following data: Centre I Centre II Centre III Sales $1,966,000 $4,029,000 $3,927,000 Controllable margin 1,096,700 2,145,960 3,858,880...
-
What is a mirror's radius of curvature if cars 1 9 . 0 m away appear 0 . 3 7 their normal size? Express your answer to two significant figures and include the appropriate units.
-
Reading Coming to a new awareness of organizational culture, Edgar H.Schein: https://docs.google.com/document/d/15yKbiEIwu47U1OnyjYevwz9ly42o2PCi0x-Zz_4C-po/edit In the assigned reading from the...
Study smarter with the SolutionInn App