When an expert, acknowledged in the field, is used to evaluate quantita- tive models and methods employed:
Question:
When an expert, acknowledged in the field, is used to evaluate quantita- tive models and methods employed:
a. The internal auditor can safely re- linquish his or her audit responsi- bilities.
b. The internal auditor can base the audit opinion on the expert's con- clusions.
c. The internal auditor should base the audit opinion on the validated findings of the expert.
d. The audit report must include the expert's opinion.
e. None of the above.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
When an expert acknowledged in the field is used to evaluate quantitative models and methods employe...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Credit memos are created when a product is returned. Credit memos reduce A/R (accounts receivable) by crediting the account, and it writes off the invoice. This also records a debit to the Sales...
-
Prove that every continuous probability distribution on R", i.e. every probability measure on (R", BR) with density w.r.t. the Lebesgue measure in R", is the marginal distribution of a uniform...
-
CANMNMM January of this year. (a) Each item will be held in a record. Describe all the data structures that must refer to these records to implement the required functionality. Describe all the...
-
The National Health Statistics Reports dated Oct. 22, 2008, included the following information on the heights (in.) for non-Hispanic white females: a. Calculate and interpret a confidence interval at...
-
Let X1,... ,Xn be iid n(,2). Find a function of S2, the sample variance, say g(S2), that satisfies Eg(S2) = . (Hint: Try g(S2) = cS2, where c is a constant.)
-
Assume all of the same facts and scenarios as E12-24, except that Bloom Corporation classifies their Taylor investment as AFS. Required: 1. For each of the scenarios shown in E12-24, prepare the...
-
You receive BC100,000 which you decide to save for your old age. You are now 20. What sort of investment should you go for? Perform the same analysis as if it happened when you are 55 and 80.
-
Jones Petro Company reports the following consolidated statement of income: Operating revenues ....................$2,989 Costs and expenses: Cost of rentals and royalties ................ 543 Cost...
-
Sandhill Distribution markets CDs of numerous performing artists. At the beginning of March, Sandhill had in beginning inventory 2,500 CDs with a unit cost of $8.00. During March, Sandhill made the...
-
The use of PERT or CPM might apply in planning for: a. The construction of a new office building. b. The installation of a new computer system. c. The development of a new product. d. All of the...
-
Documentation for models should show: a. What premises were used in devel- oping the model. b. The degree of uncertainty associ- ated with the assumptions. c. The restrictions on the scope of the...
-
What types of values should be put into the changing cells to test the model?
-
It is generally agreed that procurement professionals should adopt a collaborative relationship with its suppliers. What are the benefits and risks for procurement professionals that are adopting a...
-
The daily exchange rates for the five-year period 2003 to 2008 between currency A and currency B are well modeled by a normal distribution with mean 1.773 in currency A (to currency B) and standard...
-
Define and explain procurement monitoring and how it helps identify potential issues early. Include techniques used for monitoring.
-
Determine year-end adjustments and account balances and prepare an income statement (LO4-3, 4-4, 4-5) Below are transactions for Hurricane Company during 2024. 1. On October 1, 2024, Hurricane lent...
-
1. Fire Trader opens a brokerage account and purchases 300 shares of Internet Dreams at $40 per share. She borrows $4,000 from her broker to help pay for the purchase. The interest rate on the loan...
-
Presented below is information related to Rembrandt Inc.s inventory. Determine the following: (a) The two limits to market value (i.e., the ceiling and the floor) that should be used in the...
-
A test car is driven a fixed distance of n miles along a straight highway. (Here n Z+.) The car travels at one mile per hour for the first mile, two miles per hour for the second mile, four miles...
-
PT Jaringan Raya merupakan salah satu perusahaan penyedia layanan multimedia terkemuka di Indonesia yang memiliki kantor cabang di kota-kota besar. Setiap kantor cabang memiliki otorisasi sendiri...
-
HinsonCo sees an increase in its General Administrative Expenses for the year. Everything else is unaffected. How does this affect Gross Margin and Earnings Before Interest and Taxes (EBIT)?Group of...
-
You are working for a contractor that has a contract for construction of a new hospital. One of the project tasks is the compacted ?ll for the parking lot. Initial investigation of the project plan...
Study smarter with the SolutionInn App