Prepare a substantive audit program to test accounts receivable balances and bad debts. the construction of such a program should begin with an explicit recognition of the five financial statement assertions: 1 existence or occurence, 2 completeness, 3 rights and obligations, 4 valuation or allocation, and 5 presentation and disclosure. you should derive your specific audit objectives for accounts receivable and bad debts from these assertions. your audit program should address the five financial statement assertions, as well as any weakness in the control structure that you have uncovered. in ths regard, keep in mind the six categories of control procedures, as well as the other control structure elements. you may assume that you have satisfied yourself as to any assertions not speciffically mentioned in the narrative.

Shelby company produces three products: product x, product y, and product z. data concerning the three products follow (per unit): product x product y product z selling price $ 85 $ 65 $ 75 variable expenses: direct materials 25.50 19.50 5.25 labor and overhead 25.50 29.25 47.25 total variable expenses 51.00 48.75 52.50 contribution margin $ 34.00 $ 16.25 $ 22.50 contribution margin ratio 40 % 25 % 30 % demand for the company’s products is very strong, with far more orders each month than the company can produce with the available raw materials. the same material is used in each product. the material costs $8 per pound, with a maximum of 4,400 pounds available each month. required: a. compute contribution margin per pound of materials used. (round your intermediate calculations and final answers to 2 decimal places.) contribution margin per pound product x $ product y $ product z $ b. which orders would you advise the company to accept first, those for product x, for product y, or for product z? which orders second? third? product x product y product z

Kendrick is leaving his current position at a company, and charlize is taking over. kendrick set up his powerpoint for easy access for himself. charlize needs to work in the program that is easy for her to use. charlize should reset advanced options

What do you recommend adam do to increase production in a business setting that does not seem to value high productivity?