subject
Business, 25.01.2020 02:31 weg5309

Identify which of the major fundamental principles (responsibilities, performance, or reporting) is most closely related to each of the following:

1. the need for auditors to consider their financial relationships with prospective clients.
2. an auditor has raised some question with respect to management’s response to various inquiries concerning pending litigation facing the client.
3. the auditors’ consideration of the effectiveness of the entity’s internal control on the nature, timing, and extent of substantive procedures.
4. the auditing’ evolution of the magnitude of a misstatement that would impact perceptions of the entity’s profitability.
5. the auditors’ issuance of a disclaimer of opinion because of a significant scope limitation.
6. relevant education and experience requirement to provide absolute assurance with respect to profession.
7. the inability of an audit examination of provide absolute assurance with respect to detecting all material misstatements.
8. the requirement that auditors possess the skills and knowledge of others in their profession.
9. the preparation of a written audit plan that guides the conduct of the audit engagement.
10. the auditors’ issuance of a qualified opinion because of a departure from gaap.

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 05:00, jason9394
Identify an organization with the low-total-cost value proposition and suggest at least two possible measures within each of the four balanced scorecard perspectives.
Answers: 3
image
Business, 22.06.2019 10:40, jonnaevans4856
You were able to purchase two tickets to an upcoming concert for $100 apiece when the concert was first announced three months ago. recently, you saw that stubhub was listing similar seats for $225 apiece. what does it cost you to attend the concert?
Answers: 1
image
Business, 22.06.2019 20:30, tilly40oooo
This problem has been solved! see the answercompute and interpret altman's z-scoresfollowing is selected financial information for ebay, for its fiscal years 2005 and 2006.(in millions, except per share data) 2006 2005current assets $ 4,970.59 $ 3,183.24current liabilities 2,518.39 1,484.93total assets 13,494.01 11,788.99total liabilities 2,589.38 1,741.00shares outstanding 1,368.51 1,404.18retained earnings 4,538.35 2,819.64stock price per share 30.07 43.22sales 5,969.74 4,552.40earnings before interest and taxes 1,439.77 1,445.18compute and interpret altman z-scores for the company for both years. (do not round until your final answer; then round your answers to two decimal places.)2006 z-score = answer2005 z-score = answerwhich of the following best describes the company's likelihood to go bankrupt given the z-score in 2006 compared to 2007.the z-score in 2006 is half of the 2005 score. both z-scores are well above the score that represents a healthy company. the z-score in 2006 is double the 2005 score. the z-score has increased sharply, which suggests the company has greatly increased the risk of bankruptcy. the z-score in 2006 is half of the 2005 score. the z-score has decreased sharply, which suggests the company is in financial distress. the z-score in 2006 is double the 2005 score. the z-score has increased sharply, which suggests the company has greatly lowered the risk of bankruptcy.
Answers: 3
image
Business, 22.06.2019 21:10, ray1840
Ahospital purchases a $500,000 magnetic resonance imaging (mri) machine that has a useful life of 9 years. the salvage value at the end of 9 years is $77,000. (a) write a linear equation that describes the value y (in dollars) of the mri machine in terms of the time t (in years), 0 ≤ t ≤ 9. (b) find the value, in dollars, of the machine after 6 years. $ (c) find the time, in years, when the value of the equipment will be $140,000. (round your answer to two decimal places.) yr
Answers: 2
You know the right answer?
Identify which of the major fundamental principles (responsibilities, performance, or reporting) is...

Questions in other subjects:

Konu
Chemistry, 27.07.2019 03:30