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...
-
A construction worker uses a bosun's chair arrangement (as shown in the figure (Figure 1)) to lift himself to his workplace. The rope may be considered massless and the pulley may be considered...
-
A laminar boundary layer velocity profile is approximated by \(u / U=2(y / \delta)-2(y / \delta)^{3}+(y / \delta)^{4}\) for \(y \leq \delta\), and \(u=U\) for \(y>\delta\). (a) Show that this profile...
-
Ed Hickey, the consultant introduced at the beginning of section two of the chapter (p. 456), has obtained the following data relative to the Kaufman and D'Esti consulting job: Assume that the...
-
Demanding Nursing profession. It has become an especially challenging hiring and ongoing management category in recent years. Covid, overall workload demands, advanced education requirements, and...
-
Listed are the equity sections of balance sheets for years 2011 and 2012 as reported by Mountain Air Ski Resorts, Inc. The overall value of stockholders equity has risen from $2,000,000 to...
-
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?
-
Review the decision-making models described in this chapter. Which model do you think is closest to what managers do when they make decisions? Why? DECISION-MAKING MODELS Problem-solving and...
-
I am learning to program a game engine which is why I followed a tutorial, with that tutorial I have gotten this far and even though my code is identical to theirs (theirs did work in the videos) its...
-
b Employer identification number (EIN) 26-3356489 c Employer's name, address, and ZIP code General Motors LLC 9832 Detroit Way Detroit, MI 54569 d Control number e Employee's first name and initial...
-
How could individual accounting standards be applied for a situation study, and what key methodologies should people consider to successfully deal with their funds and accomplish their monetary...
-
Queens and Kings Inc. sells high quality chess sets (with a clock) for $100.00. The fixed costs for the business are $120,000 and the variable cost per set is $60.00. Determine: (7 marks total) a....
-
Q.5. [2+2+1=5 Marks] Recall in logistic regression, probability of a response variable Y is calculated by P(Y=1) 1/(1+exp(f(x)) where, x is the set of explanatory (independent) variables. Assume,...
-
Find E(X) and Var(X) of the following probability generating function, Where q = 1 p. Gy(i) = 1- qt
-
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?
-
Characterize the nature of motivation, including its importance and focus Identify and describe the need theories on motivation. Identify and describe the behavior theories on motivation. Identify...
-
Calculate the amount that Astrid should withdraw from her college savings fund of $21000 if she wishes to withdraw equal amounts at the end of each month for four years. The annual nominal interest...
-
Jason borrows $ 10300 for the next 4 years at a variable interest rate. Assume that the interest accumulates for 4 years at an annual nominal rate of 11% compounded quarterly. Calculate the...
Study smarter with the SolutionInn App