Distinguish between a test of controls and tests of details. Give two examples of each.
Question:
Distinguish between a test of controls and tests of details. Give two examples of each.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
A test of controls checks the general effectiveness of a control scheme and is typically not t...View the full answer
Answered By
James Warinda
Hi! I’m James Otieno and I'm an experienced professional online tutor with countless hours of success in tutoring many subjects in different disciplines. Specifically, I have handled general management and general business as a tutor in Chegg, Help in Homework and Trans tutor accounts.
I believe that my experience has made me the perfect tutor for students of all ages, so I'm confident I can help you too with finding the solution to your problems. In addition, my approach is compatible with most educational methods and philosophies which means it will be easy for you to find a way in which we can work on things together. In addition, my long experience in the educational field has allowed me to develop a unique approach that is both productive and enjoyable.
I have tutored in course hero for quite some time and was among the top tutors awarded having high helpful rates and reviews. In addition, I have also been lucky enough to be nominated a finalist for the 2nd annual course hero award and the best tutor of the month in may 2022.
I will make sure that any student of yours will have an amazing time at learning with me, because I really care about helping people achieve their goals so if you don't have any worries or concerns whatsoever you should place your trust on me and let me help you get every single thing that you're looking for and more.
In my experience, I have observed that students tend to reach their potential in academics very easily when they are tutored by someone who is extremely dedicated to their academic career not just as a businessman but as a human being in general.
I have successfully tutored many students from different grades and from all sorts of backgrounds, so I'm confident I can help anyone find the solution to their problems and achieve
0.00
0 Reviews
10+ Question Solved
Related Book For
Auditing The Art And Science Of Assurance Engagements
ISBN: 9780136692089
15th Canadian Edition
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan, Joanne C. Jones
Question Posted:
Students also viewed these Business questions
-
Distinguish between the tests of controls and tests of details of balances for liability accounts in the capital acquisition and repayment cycle.
-
Distinguish between a test of control and a substantive test of transactions. Give two examples of each.
-
Case Study: Quick Fix Dental Practice Technology requirements Application must be built using Visual Studio 2019 or Visual Studio 2017, professional or enterprise. The community edition is not...
-
John works in a factory as a Quality Expert and is responsible for doing quality product testing before the finished products are sent to the customers. John takes a sample of 10 from a batch of 1000...
-
Has the electronic checkout supplanted the need for good customer service?
-
Using the following revenue journal for Zeta Services Inc., identify each of the posting references, indicated by a letter, as representing (1) Posting to general ledger accounts or (2) Posting to...
-
Find the stiffness and mass matrices of the beam supported on springs as shown in Fig. 12.19. Model the beam using one finite element. Assume the material of the beam as steel with a Young's modulus...
-
Petras Music manufactures harmonicas. Petra uses standard costs to judge performance. Recently, a clerk mistakenly threw away some of the records, and only partial data for February exist. Petra...
-
Comparative financial statement data for Carmono Company follow: Assets Cash This Year Last Year $ 8.00 $ 15.00 Accounts receivable Inventory Total current assets Property, plant, and equipment Less...
-
Corp. is a company that provides apparel for motorbikes and other two-wheeled vehicle activities. This includes safety riding jackets, gloves, riding pants and boots. IJ Corp. started its business in...
-
For each of the seven specific types of audit proceduresinspection, observation, external confirmation, recalculation, reperformance, analytical procedures, and inquiries of the client (discussed in...
-
For more information about a cyberattack on Hillsburgs ONHAND system and other background information please refer to the Appendix and Question 8-35. Below is a conversation between the audit...
-
The rod on the power control mechanism for a business jet is subjected to force F. Determine the moment of this force about the bearing at A. Given: F = 80 N θ 1 = 20 deg a = 150 mm θ 2 =...
-
For the situation stated in Problem 32, let the interest on borrowed money go from 5 percent to 15 percent in 1 percent increments. For each borrowing rate, which repayment method is preferred? Do...
-
Look at these photos, taken from Kettlewells original publication on peppered moths. If you were the primary predator of peppered moths, would there be natural selection for color? Why or why not?...
-
Students in a technology class are racing cars propelled by carbon dioxide cartridges. A burst of gas is released when the seal of the cartridge is broken, and this propels the car down the track....
-
Dogslike many animalsstand and walk on their toes. A photo of the rear foot of a dog is shown in Figure P8.50a; Figure P8.50b shows the bones of the leg and foot along with relevant distances. The...
-
Two species of foxes are shown here. One is a kit fox in Arizona. The other is an Arctic fox. Which is which? How can you tell? Describe at least two traits that make each animal well adapted to its...
-
Recall from Problem 10.1.16 that in a particular day, 22 out of 542 visitors to a website followed a link provided by an advertiser. After the advertisements were modified, it was found that 64 out...
-
Problem 3.5 (4 points). We will prove, in steps, that rank (L) = rank(LT) for any LE Rnxm (a) Prove that rank (L) = rank (LTL). (Hint: use Problem 3.4.) (b) Use part (a) to deduce that that rank(L) =...
-
Why would an auditor use an Emphasis of Matter or an Other Matters paragraph with an unqualified audit report?
-
List the conditions requiring a departure from an unqualified opinion, and give one specific example of each of those conditions.
-
Distinguish between the levels of materiality and pervasiveness an auditor considers when assessing how to deal with an inappropriate use of an accounting principle or known material error in the...
-
Influencer marketing on social platforms is integral to marketing campaigns of many brands. For FYiDoctors, it is also vital for the brand. FYIDoctors currently haven't hired any influencers, but it...
-
A conjoint analysis to estimate the partwords of individuals attributed levels of a smartwatch is being designed. There are three levels for the size attributed (40mm, 44mm and 46mm) and three levels...
-
Answer the question below for the bike company, Rad Power Bikes. Marketing Strategy a. The chosen strategy should fit the market and competitive conditions faced by the product and its strategic...
Study smarter with the SolutionInn App