Why might auditors limit the number of transactions tested in the payroll cycle?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (2 reviews)
There are low risks of material misstatement in the payrol...View the full answer
Answered By
Nicholas Maina
Throughout my tutoring journey, I've amassed a wealth of hands-on experience and honed a diverse set of skills that enable me to guide students towards mastering complex subjects. My proficiency as a tutor rests on several key pillars:
1. Subject Mastery:
With a comprehensive understanding of a wide range of subjects spanning mathematics, science, humanities, and more, I can adeptly explain intricate concepts and break them down into digestible chunks. My proficiency extends to offering real-world applications, ensuring students grasp the practical relevance of their studies.
2. Individualized Guidance:
Recognizing that every student learns differently, I tailor my approach to accommodate various learning styles and paces. Through personalized interactions, I identify a student's strengths and areas for improvement, allowing me to craft targeted lessons that foster a deeper understanding of the material.
3. Problem-Solving Facilitation:
I excel in guiding students through problem-solving processes and encouraging critical thinking and analytical skills. By walking learners through step-by-step solutions and addressing their questions in a coherent manner, I empower them to approach challenges with confidence.
4. Effective Communication:
My tutoring proficiency is founded on clear and concise communication. I have the ability to convey complex ideas in an accessible manner, fostering a strong student-tutor rapport that encourages open dialogue and fruitful discussions.
5. Adaptability and Patience:
Tutoring is a dynamic process, and I have cultivated adaptability and patience to cater to evolving learning needs. I remain patient through difficulties, adjusting my teaching methods as necessary to ensure that students overcome obstacles and achieve their goals.
6. Interactive Learning:
Interactive learning lies at the heart of my approach. By engaging students in discussions, brainstorming sessions, and interactive exercises, I foster a stimulating learning environment that encourages active participation and long-term retention.
7. Continuous Improvement:
My dedication to being an effective tutor is a journey of continuous improvement. I regularly seek feedback and stay updated on educational methodologies, integrating new insights to refine my tutoring techniques and provide an even more enriching learning experience.
In essence, my hands-on experience as a tutor equips me with the tools to facilitate comprehensive understanding, critical thinking, and academic success. I am committed to helping students realize their full potential and fostering a passion for lifelong learning.
4.90+
5+ Reviews
16+ Question Solved
Related Book For
Auditing The Art and Science of Assurance Engagements
ISBN: 978-0133405507
13th Canadian edition
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Joanne C. Jones
Question Posted:
Students also viewed these Auditing questions
-
Zeus Optical is a specialist manufacturer of optical instruments. Zeus has recently expanded its core product market of binoculars into making eyepieces for microscopes/telescopes, and screw-on...
-
Assume that your audit team has received the electronic file of sales transactions from ELM and is preparing to use monetary unit sampling in evaluating the fairness of ELM's sales transactions....
-
Many jurisdictions strictly limit sales of hard liquor (liquor with a significantly higher alcohol content than wine) in an effort to limit the associated negative externalities. (De Melo et. al.,...
-
Reading material Raymond Frost, Alexa K. Fox & Judy Strauss (2019). Product: The Online Offer. E-Marketing , 9, 206 - 228. Raymond Frost, Alexa K. Fox & Judy Strauss (2019). Price: The Online Value....
-
In Briggs Company, data concerning two products are contribution margin per unitProduct A $12, Product B $15; machine hours required for one unitProduct A 2, Product B 3. Compute the contribution...
-
Explain why the total return from holding a bond to maturity will be between the yield to maturity and the reinvestment rate.
-
Can you create a graphic of the Fairmont payroll systems company expenses that highlight general accounting clerk, Mary Perez, has company expenses for FICA (social security), Medicare and 401K,...
-
On January 1, 2015, Johnsonville Enterprises acquired 80 percent of Stayer Companys outstanding common shares in exchange for $3,000,000 cash. The price paid for the 80 percent ownership interest was...
-
Data Wrangling Versus ETL On the basis of users, please differentiate extraction, transformation, and loading ( ETL ) from data wrangling. Also, mention which tool a business analyst would use: an...
-
? Dean and Ellen Price are married and have a manufacturing business. They bought a piece of business equipment (7-year personal property) on 4/1/2017 for $50,000. Use half-year convention to...
-
How does the audit of access rights management in the payroll cycle affect the audit of other transaction cycles?
-
Describe three assertions that are important when testing payroll-related liabilities, and provide an example of an audit test for each assertion.
-
Electric plug-in vehicle sales have been increasing worldwide. The table below displays data collected by the U.S. Department of Energy on electric plug-in vehicle sales in the words top markets in...
-
How is a change of state called, when the volume remains constant (V=const.)? Mark the applicable statements a. isotherm b. isentropic c. isochoric d. isobaric
-
The following data were taken from the financial records of Oriole Company. Net sales Beginning inventory Purchases Ending inventory (a) 2025 Inventory turnover $6,420,000 940,300 4,684,945 1,144,000...
-
A spring operated wind up toy is slowing down as it moves up a ramp. The initial is when the toy is wound up, but at rest at the bottom of the ramp. The final is the toy still moving at the top of...
-
Advanced Instruments had retained earnings of $350,000 at December 31, 2020. Net income for 2021 totaled $180,000, and dividends declared for 2021 were $70,000. How much retained earnings should...
-
Dobosh Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense...
-
C.S. Lewis Company had the following transactions involving notes payable. July 1, 2017 Borrows $50,000 from First National Bank by signing a 9-month, 8% note. Nov. 1, 2017 Borrows $60,000 from Lyon...
-
Suppose Green Network Energy needs to raise money to finance its new manufacturing facility, but their CFO does not think the company is financially capable of making the periodic interest payments...
-
Distinguish between compilation and review of financial statements. What is the level of assurance for each?
-
Distinguish the three forms of compilation reports that a CPA can provide to clients.
-
List five things that are required of an auditor by SSARS for a compilation.
-
4 An electron emitter will be used to make a beam of electrons for a microscope. Electrons are emitted from a hot wire and accelerated between an anode and cathode plate which can be approximated to...
-
1. A current of 5.83 A is used to produce the microwave radiation in a microwave oven. If the voltage across the oven is 120V, how much does it cost to run the microwave for 12 minutes if electrical...
-
You've seen the following returns on a stock over the past five years: 6 percent, 12 percent, 20 percent, -6 percent, and 11 percent. Suppose the average inflation rate over this time period was 2.5...
Study smarter with the SolutionInn App