List four factors that would cause the auditor to use a lower percentage for establishing tolerable misstatement.
Question:
List four factors that would cause the auditor to use a lower percentage for establishing tolerable misstatement.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (5 reviews)
Factors that would cause the auditor to use a lower percentage for tolerable misstatement High ri...View the full answer
Answered By
Milan Mondal
I am milan mondal have done my Msc in physics (special astrophysics and relativity) from the University of burdwan and Bed in physical science from the same University.
From 2018 I am working as pgt physics teacher in kendriya vidyalaya no2 kharagpur ,west bengal. And also I am doing advanced physics expert in chegg.com .also I teach Bsc physics .
I love to teach physics and acience.
If you give me a chance I will give my best to you.
5.00+
4+ Reviews
10+ Question Solved
Related Book For
Auditing & Assurance Services A Systematic Approach
ISBN: 978-1260687637
11th Edition
Authors: William F Messier Jr, Steven M Glover, Douglas F Prawitt
Question Posted:
Students also viewed these Business questions
-
List four factors that impact safety when checking in freight and moving it to and from inventory.
-
The following are independent questions. Required (a) List four factors that make audit evidence more reliable. (b) Explain the difference between positive and negative confirmations for accounts...
-
List four factors that cause the market value of the company as a whole to be greater than the book value of the company.
-
You deposit $12,000 annually into a life insurance fund for the next 10 years, at which time you plan to retire. Instead of a lump sum, you wish to receive annuities for the next 20 years. What is...
-
Obtain The Coca-Cola Company's 2010 annual report either using the ''Investor Relations'' portion of its website (do a web search for Coca-Cola investor relations) or go to www.sec.gov and click...
-
Evaluate the expression. 6 C 4 / 10 C 4
-
Why do hotels discount?
-
Wayward Airfreight, Inc. has asked you to recommend a new automatic parcel sorter. You have obtained the following bids: Using an MARR of 15% and a rate of return analysis, which alternative, if any,...
-
A cash basis taxpayer who charges an expense on a bank credit card is allowed to claim a deduction at that point in time whereas a cash basis taxpayer who charges an expense on a department store...
-
Hypothesis Testing for the Population Proportion Use a cell reference or a single formula where appropriate in order to receive full credit. Do not copy and paste values or type values, as you will...
-
Give three examples of qualitative factors that might affect the auditors choice of the percentage to apply to the benchmark used to establish overall materiality.
-
If the independent auditors decide that it is efficient to consider how the work performed by the internal auditors may affect the nature, timing, and extent of audit procedures, they should assess...
-
Determine the center (or vertex if the curve is a parabola) of the given curve. Sketch each curve. 16x 2 + 25y 2 32x + 100y 284 = 0
-
Q10: Region ( experienced compressive stresses and has a than the rest of the bracket. Region ( ) experienced tension stresses and has a of the bracket. Deep Drawing and Stretch Forming width (into...
-
A sample of 1500 computer chips revealed that 32% of the chips do not fail in the first 1000 hours of their use. The company\'s promotional literature claimed that above 29% do not fail in the first...
-
The 75 lb block is released from rest 5 ft above the plate. Determine the compression of each spring when the block momentarily comes to rest after striking the plate. Neglect the mass of the plate....
-
Indiana Soy Products (OSP) buys soybeans and processes them into other soy products. Each ton of soybeans that OSP purchases for $250 can be converted for an additional $180 into 675 lbs of soy meal...
-
The 2025 Annual Report of Splish International contains the following informatio (in millions) June 29, 2025 June 27, 2024 Total assets $1,545 $1,502 Total liabilities 989 1,060 Net sales 2,800 2.971...
-
Chapters 2 through 9 deal with specific knowledge needed to understand accounting and financial reporting by state and local governments. A continuous problem is available on the texts Web site...
-
1. Use these cost, revenue, and probability estimates along with the decision tree to identify the best decision strategy for Trendy's Pies. 2. Suppose that Trendy is concerned about her probability...
-
Toms Trailers Ltd. (TTL), located in London, Ontario, manufactures industrial trailers that are used to ship goods across the country. Originally, Tom Tran owned 60 percent of the common shares of...
-
You are the audit senior of Rhino & Co. and you are planning the audit of Kaine Construction Co. for the year ended March 31, 2020. Kaine specializes in building houses and provides a five-year...
-
Identify the audit risks associated with the installation of the new IT system for patient revenue for Gardens Nursing Home Fellowes and Associates is a successful mid-tier accounting firm with a...
-
question 1- You borrow a simple loan of SR 500,000, interest rate is 20%, it matures in one year. what's the yied to maturity? question 2- calculate_i for One-Year Discount Bond with price(p) =...
-
Taste of Muscat is a reputed chain of restaurants operating in Oman. Assume You are working as a management accountant for this restaurant chain which is specialized in all types of Arabic food. Your...
-
Industry Current Year Minus 1 Current Year Minus 2 Company: Air Products and Chemicals, Inc. (APD) Stock Price: 306.72 USD Shares Outstanding: 220.89 M Financial Ratios Most Current Year Current...
Study smarter with the SolutionInn App