How do audits serve a preventive purpose?
Question:
How do audits serve a “preventive” purpose?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 87% (8 reviews)
Audits serve as a control mechanism for business organizations t...View the full answer
Answered By
Aysha Ali
my name is ayesha ali. i have done my matriculation in science topics with a+ . then i got admission in the field of computer science and technology in punjab college, lahore. i have passed my final examination of college with a+ also. after that, i got admission in the biggest university of pakistan which is university of the punjab. i am studying business and information technology in my university. i always stand first in my class. i am very brilliant client. my experts always appreciate my work. my projects are very popular in my university because i always complete my work with extreme devotion. i have a great knowledge about all major science topics. science topics always remain my favorite topics. i am also a home expert. i teach many clients at my home ranging from pre-school level to university level. my clients always show excellent result. i am expert in writing essays, reports, speeches, researches and all type of projects. i also have a vast knowledge about business, marketing, cost accounting and finance. i am also expert in making presentations on powerpoint and microsoft word. if you need any sort of help in any topic, please dont hesitate to consult with me. i will provide you the best work at a very reasonable price. i am quality oriented and i have 5 year experience in the following field.
matriculation in science topics; inter in computer science; bachelors in business and information technology
_embed src=http://www.clocklink.com/clocks/0018-orange.swf?timezone=usa_albany& width=200 height=200 wmode=transparent type=application/x-shockwave-flash_
4.40+
11+ Reviews
14+ Question Solved
Related Book For
Auditing and Assurance Services Understanding the Integrated Audit
ISBN: 978-0471726340
1st edition
Authors: Karen L. Hooks
Question Posted:
Students also viewed these Auditing questions
-
Why does having audited financial statements bring down a companys cost of capital?
-
Why is auditing described as a systematic process?
-
What are examples of non-assurance and consulting services?
-
Is Madisons response regarding the factors that affect short-term and long-term rate volatility correct? A. Yes B. No, she is incorrect regarding factors linked to long-term rate volatility C. No,...
-
A study of the PSA blood test for diagnosing prostate cancer in men (by R. M. Hoffman et al., BMC Family Practice, vol. 3, p. 19, 2002) used a sample of 2620 men who were 40 years and older. When a...
-
A manager using a force-coercion strategy is most likely relying on the power of __________ to bring about planned change. (a) expertise (b) reference (c) legitimacy (d) information
-
Catalytic oxidation of \(\mathrm{CO}\) is an important reaction in pollution prevention. The reaction scheme is \[\mathrm{O}_{2}(\mathrm{~A})+2 \mathrm{CO}(\mathrm{B}) ightarrow 2...
-
Sheldon Optics produces medical lasers for use in hospitals. The accounts and their balances appear in the ledger of Sheldon Optics on October 31 of the current year as follows: Preferred 2% Stock,...
-
Tech Solutions is a consulting firm that uses a job-order costing system. Its direct materials consist of hardware and software that it purchases and installs on behalf of its clients. The firm's...
-
Solutions Plus is an industrial chemicals company that produces specialized cleaning fluids and solvents for a wide variety of applications. Solutions Plus just received an invitation to submit a bid...
-
What does Sliding an objective function line towards the origin represents? Away from the origion?
-
Over the course of Young & Youngs audit of SQL Group, a publicly traded company, Young & Young concluded that SQLs financial statements presented fairly according to U.S. GAAP, but its internal...
-
A manager sells a piece of operating equipment. Which of the following represents the impact of the sale? a. Decrease in assets; resulting in source of funds b. Decrease in assets; resulting from use...
-
Data for the Bidwell Company are as follows: Required: a. Based on the preceding data, calculate break-even sales in units. b. If Bidwell Company is subject to an effective income tax rate of 40...
-
Do you use decompositional analyses to understand what behavioral aspects (e.g., frequency, order size) are most strongly associated with these differences?
-
As you perform customer-base audits on an ongoing basis, how do they change as you gain more experience and perspective? Are they simpler or more complex?
-
Before contemplating a full audit, what kinds of basic analyses do you perform with this integrated dataset? What are the first crossover (product customer) questions you seek to answer?
-
Do you seek to know which products tend to be disproportionately favored by high-value customers?
-
Simplify. Leave numerators and denominators in factored form when appropriate. 2x + 4 x+1 x + 3x + 2 4x + 2
-
Prove the result that the R 2 associated with a restricted least squares estimator is never larger than that associated with the unrestricted least squares estimator. Conclude that imposing...
-
Under the Private Securities Litigation Reform Act (the Act), independent auditors are required to first a. Report in writing all instances of noncompliance with the Act to the clients board of...
-
Under the Private Securities Litigation Reform Act (the Act), independent auditors are required to first a. Report in writing all instances of noncompliance with the Act to the clients board of...
-
When evaluating whether accounting estimates made by management are reasonable, auditors would be most interested in which of the following? a. Key factors that are consistent with prior periods. b....
-
Jenny wishes to accumulate $10000 over 5 years for an overseas trip. She will make a deposit every 6-months, and the funds will earn the interest rate of 4% per annum compounded semi-annually. How...
-
Write a short C++ program that will prompt the user and input three integer values (month, day, year) from the console in a "date" format that includes '/' separator characters. e.g., 8/21/2013. Your...
-
Aimee is the owner of a stock with annual returns of 12.3 percent, -5.0 percent, 6.6 percent, and 18.2 percent for the past four years. She thinks the stock may achieve a return of 27 percent this...
Study smarter with the SolutionInn App