Discuss the importance of surprise check.
Question:
Discuss the importance of surprise check.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 40% (5 reviews)
Surprise checks also known as surprise audits or spot inspections hold a significant value in variou...View the full answer
Answered By
PRINCE PANDEY
I am Indian Chartered Accounting having a strong hold in the subjects of Accounting, IFRS Reporting, Indian
Taxation, Cost Accounting, Auditing. I have vast experience of teaching a student with easy way problem-solving approach.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Read the case study below and answer ALL the questions that follow. COVID and the Future of Talent Management By Nathan Peirson, Aug 19, 2020 In a recent survey conducted by Paycor, business leaders...
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
Discuss the importance of metrics; and discuss and assess at least five metrics to measure innovation; then discuss and assess five metrics to measure marketing strategy. Finally, recommend the...
-
Read the case study of Statistics regarding the Lawler Grocery Store chain. The use of the sign test is demonstrated in this case study. In your opinion, what is the biggest benefit of the sign test?...
-
A toroid has a major radius R and a minor radius r, and is tightly wound with N turns of wire, as shown in Figure P32.12. If R >> r, the magnetic field in the region enclosed by the wire of the...
-
Should firms require higher rates of return on foreign projects than on identical projects located at home? Explain. AppendixLO1
-
When is it appropriate to use 100% inspection? LO.1
-
Your roommate, Matt Mikan, contends that accounting contributes to most of the steps in managements decision- making process. Is your roommate correct? Explain.
-
I. Walt Davies and Shane O'Brien are district manapers for Lee, Inc. Over the years, as they moved throagh the firm's sales organization, they became (and still remain) close friends. Walt, who is 33...
-
Trace or copy the graph of the given function f. (Assume that the axes have equal scales.) Then use the method of Example 1 to sketch the graph of f' below it. yA
-
Distinguish between principles of auditing and techniques of auditing.
-
What is audit manual?
-
Show that the lines And Interest, and find the equation of the plane that they determine. -2 1-1 -4 z-4 2
-
how could playing in a sandbox help to the development of children? how could a garden help to the development of children? how could playground obstacle courses like a pebble bridge and monkey bars...
-
A store order bottles of shampoo throughout the year. Over time, the store has learned that the annual demand D for shampoo is constant, i.e., there is no variability. Currently, the store decides to...
-
Solve the Practice #2 == where L2 =02A = a, L404B = c, L = 0204 = d, y = /2 1) Find the velocity 3 when 82 = /2 and 6 = 0.4 rad/s 2) Find the acceleration 63 when = /2 and 62 = 0.4 rad/s 03. 03 Y B...
-
.0.5 0.5 For the above plot of the ellipsoid (22) 2- + +() + (-) = 1, find the parameters a, b and c. Note that a, b and c are positive integers between 1 and 6 inclusive. Use the mouse to rotate the...
-
The annual energy consumption of the University of Maryland is 100 million kWh. How much Uranium-235 is needed to produce this amount of energy in a nuclear power plant assuming 100% efficiency? (The...
-
A large, braced robot arm for welding large structures is shown in Figure DP1.4. Sketch the block diagram of a closed-loop feedback control system for accurately controlling the location of the weld...
-
Privitera and Freeman (2012) constructed a scale to measure or estimate the daily fat intake of participants; the scale was called the estimated daily intake scale for fat (EDIS-F). To validate the...
-
What is the main principle of segregation of duties?
-
When would cash balances not be audited?
-
What audit tests would be performed on purchase invoices?
-
An underlying asset price is at 100, its annual volatility is 25% and the risk free interest rate is 5%. A European call option has a strike of 85 and a maturity of 40 days. Its BlackScholes price is...
-
Prescott Football Manufacturing had the following operating results for 2 0 1 9 : sales = $ 3 0 , 8 2 4 ; cost of goods sold = $ 2 1 , 9 7 4 ; depreciation expense = $ 3 , 6 0 3 ; interest expense =...
-
On January 1, 2018, Brooks Corporation exchanged $1,259,000 fair-value consideration for all of the outstanding voting stock of Chandler, Inc. At the acquisition date, Chandler had a book value equal...
Study smarter with the SolutionInn App