Auditors may identify conditions during fieldwork that change or support a judgment about the initial assessment of fraud risks. Which of the following conditions should alert an auditor about the initial assessment? a. missing or conflicting evidence b. discrepancies in…
Cosgrove Art & Antiques sells unique art and antiques exclusively at antique shows. Cosgrove purchases inventory from individuals and other dealers at garage sales, flea markets, antique malls, and estate sales. Each time Cosgrove makes a purchase, she records the…
Which of the following statements is correct concerning an auditor’s communication of internal control related matters (significant deficiencies) noted in an audit? A. The auditor may issue a written report to the audit committee representing that no significant deficiencies were…
in what ways so the standards used to attribute liability for harassment to employers differ depending on on whether the harasser are manager, coworker, or third parties?
Which of the following is not an important consideration in an auditor’s evaluation of an entity’s business risk? A. The specific business risks an entity faces that may result in financial statement errors and fraud. B. Business risk factors that…
Leadership Styles : key informaiton Choose one well-known business leader (such as GE’s Jack Welch, Chrysler’s Lee Lacocca, IBM’s Lou Gerstner, and so on.) to research on the Internet. Identify three of their qualities, characteristics, or behaviors that appeal to…
Abbot, CPA, as principal auditor for consolidated financial statements, is using a qualified report of another auditor. Abbot does not consider the qualification material relative to the consolidated financial statements and Abbot is willing to accept responsibility for the work…
An auditor noted that client sales increased 10 percent for the year. At the same time, Cost of Goods Sold as a percentage of sales had decreased from 45 percent to 40 percent and year-end accounts receivable had increased by…
An auditor’s report on financial statements prepared in accordance with a basis of accounting other than generally accepted accounting principles should include all of the following except: A. An opinion as to whether the basis of accounting used is appropriate…
1) Explain, in general terms, the steps comprised in the automated synthesis of the DNA sequence GCT. 2) Draw and label the four DNA nucleosides. 3) Draw and label a G-C base pair. Point out all the hydrogen bonds with…
