To which of the following stakeholders do the auditors of Tesco plc have a legal as opposed
Question:
To which of the following stakeholders do the auditors of Tesco plc have a legal as opposed to a moral responsibility
a. The bank
b. The employees
c. HM Revenue and Customs
d. People intending to buy shares in the company
e. A supplier of goods to Tesco plc
f. The shareholders
g. The government of the United Kingdom
h. The council of the Stock Exchange
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (9 reviews)
f T...View the full answer
Answered By
Nyron Beeput
I am an active educator and professional tutor with substantial experience in Biology and General Science. The past two years I have been tutoring online intensively with high school and college students. I have been teaching for four years and this experience has helped me to hone skills such as patience, dedication and flexibility. I work at the pace of my students and ensure that they understand.
My method of using real life examples that my students can relate to has helped them grasp concepts more readily. I also help students learn how to apply their knowledge and they appreciate that very much.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...
-
In which of the following situations is specific performance available as a remedy? (a) Mary and Anne enter into a written agreement under which Mary agrees to sell and Anne agrees to buy for $100...
-
MCQ questions: 1. An increase in oil prices, such as the oil shocks in the 70s, lead to _______ thereby causing ________ a movement along the AS curve; cost-push inflation a leftward shift in the AS...
-
A. What is the expected dividend in two years? Suppose NI = $85,000 B. What is Samsung's WACC? Samsung's capital structure is 65% ordinary equity and 35% debt. He has operating assets equal to...
-
Consider a risky portfolio. The end-of-year cash flow derived from the portfolio will be either $70,000 or $200,000 with equal probabilities of .5. The alternative risk-free investment in T-bills...
-
1. What, if anything, should the Ships,Inc. do with regard to salaried personnel who have vacations planned later this year and now don't have enough vacation time? 2. What, if anything, should the...
-
Upon reviewing recent use of conference rooms at an engineering consulting firm, an industrial engineer determined the following probability distribution for the number of requests for a conference...
-
XY Limited commenced trading on 1 February with fully paid issued share capital of 500 000, Fixed Assets of 275 000 and Cash at Bank of 225 000. By the end of April, the following transactions had...
-
14. The following is a partial year-end adjusted trial balance. Account Title Debits Sales revenue Credits $300,000 Loss on sale of investments $22,000 Interest revenue $4,000 Cost of goods sold...
-
Tony has decided to end the Precision Computer Centres first year as of July 31, 2019. Below is an updated chart of accounts. Assignment (Use the Excel templates in MyAccountingLab to complete this...
-
You are reviewing the audit files of Monty Ltd with a view to finalising the audit. From your review of the files you identify the following factors. Identify whether or not they can be a) Ignored b)...
-
Give three examples of where auditors routine audit procedures involve periods after the year end date, excluding consideration of post balance sheet events.
-
The Long Haul Trucking Company is developing metrics for its drivers. The company computes variable costs of each load based upon miles driven and allocates fixed costs based upon time consumed. Load...
-
A friend enters the code shown below into the mbed compiler, but when compiling, a number of errors are flagged. Find and correct the faults. #include "mbed" Digital Out myled(LED1); int man() {...
-
Another student wants to control a DC motor from the mbed and therefore builds the circuit of Fig. 3.17B), where VS is a DC supply of appropriate value. As a further indication that the motor is...
-
A comparator circuit and LM35 are to be used to create an interrupt source, using the circuit of Fig. 9.5. The comparator is supplied from 5.0 V, and the temperature threshold is to be approximately...
-
A new method of postoperative treatment was evaluated for patients undergoing a certain surgical procedure. Under the old method, the mean length of hospital stay was 6.3 days. The sample mean for...
-
The calibration of a scale is checked by weighing a standard \(10 \mathrm{~g}\) weight 100 times. Let \(\mu\) be the population mean reading on the scale, so that the scale is in calibration if...
-
Green Company is considering acquiring the assets of Gold Corporation by assuming Golds liabilities and by making a cash payment. Gold Corporation has the following balance sheet on the date...
-
Open Text Corporation provides a suite of business information software products. Exhibit 10-9 contains Note 10 from the companys 2013 annual report detailing long-term debt. Required: a. Open Text...
-
How does the level of sampling relate to audit risk?
-
You are part of the audit team auditing the financial statements of Monckton Ltd for the year ended 30 April 2021. As part of the audit planning, you are applying analytical procedures to the draft...
-
You are the audit senior of Bobo Ltd, a manufacturer of electrical goods. You have been asked to design audit tests for part of the purchases system. Key aspects of the system you are reviewing are:...
-
Assume you have a single OU with three users. You want to create a GPO that applies to only one of those users. In two paragraphs, describe the options you have to filter the GPO to apply to only a...
-
During audit planning, auditors should attempt to identify all related parties, who authorizes and approves transactions with related parties, and the accounting for and disclosure of the...
-
Credit policies are established to approve customers to purchase on account and terms are established to let customers know when a payment is due and whether there's a discount if they pay early....
Study smarter with the SolutionInn App