An auditor is trying to figure out if the inventory at an electronics store chain is obsolete.
Question:
An auditor is trying to figure out if the inventory at an electronics store chain is obsolete. What characteristics might be used to help establish a model predicting inventory obsolescence?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 83% (6 reviews)
The auditor may look at simple metrics such as the age of the inventory eg based on purchase date ...View the full answer
Answered By
Hassan Imtiaz
The following are details of my Professional Experience. Responsibilities Eight years of demanding teaching experience in the field of finance and business studies at Master’s Level. Completion of the given tasks within given time with quality and efficiency. Marketing professional with practical experience in and solid understanding of a diverse range of management applications, including market analysis, sales and marketing, team building and quality assurance. I have excellent skills to approach deal and sustain corporate clients / customers by demonstrating not only extraordinary communication and interpersonal skills but also high caliber presentation, negotiation and closing skills. Manage and follow up the day-to-day activities. Manage and co-ordinate the inventories. Fulfillment of all the tasks assigned.
The following are details of my Areas of Effectiveness. Finance 1. Corporate Finance 2. Advanced Corporate Finance 3. Management of Financial Institutions 4. International Financial Management 5. Investments 6. Fixed Income 7. Real Estate Investment 8. Entrepreneurial Finance 9. Derivatives 10. Alternative Investments 11. Portfolio Management 12. Financial Statement Analysis And Reporting (US GAAP & IFRS) 13. International Financial Markets 14. Public Finance 15. Personal finance 16. Real estate 17. Financial Planning Quantitative Analysis 1. Time Value Of Money 2. Statistics 3. Probability Distribution 4. Business Statistics 5. Statistical Theory and Methods Economics 1. Principles of Economics 2. Economic Theory 3. Microeconomic Principles 4. Macroeconomic Principles 5. International Monetary Economics 6. Money and Banking 7. Financial Economics 8. Population Economics 9. Behavioral Economics International Business 1. Ethics 2. Business Ethics 3. An introduction to business studies 4. Organization & Management 5. Legal Environment of Business 6. Information Systems in Organizations 7. Operations Management 8. Global Business Policies 9. Industrial Organization 10. Business Strategy 11. Information Management and Technology 12. Company Structure and Organizational Management Accounting & Auditing 1. Financial Accounting 2. Managerial Accounting 3. Accounting for strategy implementation 4. Financial accounting 5. Introduction to bookkeeping and accounting Marketing 1. Marketing Management 2. Professional Development Strategies 3. Business Communications 4. Business planning 5. Commerce & Technology Human resource management 1. General Management 2. Conflict management 3. Leadership 4. Organizational Leadership 5. Supply Chain Management 6. Law 7. Corporate Strategy Creative Writing 1. Analytical Reading & Writing Other Expertise 1. Risk Management 2. Entrepreneurship 3. Management science 4. Organizational behavior 5. Project management 6. Financial Analysis, Research & Companies Valuation 7. And any kind of Excel Queries
4.80+
150+ Reviews
230+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
An auditor is trying to figure out if the goodwill its client recognized when it purchased a factory has become impaired. What characteristics might be used to help establish a model predicting...
-
Based on the data from datavizcatalogue.com, how does a box and whisker plot show if the data are symmetrical?
-
For a company like Walmart, how would the Balanced Scorecard help balance the desire to be profitable for its shareholders with continuing to develop organizational capacity to compete with Amazon...
-
Colors and More is considering replacing the equipment it uses to produce crayons. The equipment would cost $1.37 million, have a 12-year life, and lower manufacturing costs by an estimated $304,000...
-
Consider the right triangle ABC as shown in Figure 7. Point A1 is determined by drawing a perpendicular to line AB through C; B1 is formed by drawing a line parallel to AC through A1. This process is...
-
Thelma and Louise are neighbours. During the winter, it is impossible for a snowplow to clear the street in front of Thelmas house without clearing the front of Louises. Thelmas marginal benefit from...
-
Robert Shapiro was the owner and CEO of Woodbridge, a supposed investment firm. Woodbridges main business model was to solicit money from individuals to invest in low-risk and conservative...
-
House Company is considering three capital expenditure projects. Relevant data for the projects are as follows. Annual income is constant over the life of the project. Each project is expected to...
-
(30 Pts.) Convert the following for loop into a while loop n=[] For Loop for x in range(100,0,-1): if x%10==0: n.append(x) print(n) While Loop (Write your answer below)
-
Elon Musk's The Boring Company wants to invest in al subway to be constructed in Metro Manila to decongest the heavy traffic in the capital through the Public-Private Partnership program of the...
-
How could the fuzzy match be used to find undisclosed related party transactions that might need to be disclosed?
-
How might clustering be used to explain customers that owe us money (accounts receivable)?
-
Show that an FFT on data with Hermitian symmetry can be derived by reversing the flow graph of an FFT for real data.
-
An animal breeder can buy four types of food for Vietnamese pot-bellied pigs. Each case of Brand A contains 25 units of fiber, 30 units of protein, and 30 units of fat. Each case of Brand B contains...
-
In the past 25 years the United States has entered into several "free trade agreements." The commonality of these free trade agreement has been making it easier for foreign companies to sell their...
-
"Animal spirits"optimism about and predictions for the current and future state of marketscan fuel increased spending on things like homes and financial instruments, even when those "spirits" are not...
-
Consider the recorded transactions below. Debit Credit 1. Accounts Receivable Service Revenue 9,000 9,000 2. Supplies 1,500 Accounts Payable 1,500 3. Cash 8,600 Accounts Receivable 8,600 4....
-
(A company has a monopoly in British Columbia for a particular product. The government of British Columbia is considering implementing a new economic policy that would introduce competition into the...
-
If a voltage of 6 V is impressed across the circuit in the preceding question and the voltage across the first lamp is 2 V, what is the voltage across the second lamp? Defend your answer.
-
In Problem use absolute value on a graphing calculator to find the area between the curve and the x axis over the given interval. Find answers to two decimal places. y = x 3 ln x; 0.1 x 3.1
-
1. In the hierarchical data model, the mapping from parent to child is: a. 1:1 (one-to-one). b. 1:N (one-to-many). c. N:N (many-to-many). d. N:1 (many-to-one). 2. Advantages of relational data models...
-
Use the Cash table above to show the output for the following SQL query: SELECT Account#, Balance FROM Cash WHERE Balance < 50000; Cash Account# Type Bank Balance Checking Boston5 BA-6 253 BA-7...
-
Use the Cash table above to show the output for the following SQL query: SELECT Account#, Balance FROM Cash WHERE Balance < 50000; Cash Account# Type Bank Balance Checking Boston5 BA-6 253 BA-7...
-
Natural Mosaic. Natural Mosaic Company (U.S.) is considering investing Rs54,000,000 in India to create a wholly owned tile manufacturing plant to export to the European market. After five years, the...
-
Base Electronics buys 2,000 shares of stock in Blue Mission Company for $20 per share on January 2 of the current year. Base Electronics does not have the ability to participate in the decisions of...
-
Chan and Fatina are forming a partnership. Chan is investing a building that has a market value of RM80,000. However, the building carries a RM56,000 mortgage that will be assumed by the partnership....
Study smarter with the SolutionInn App