Would an item with a zero balance be included in a PPS sample? If not, what is
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 53% (13 reviews)
No a zero balance item would never be included in a PPS sample Because dollars are used to select ...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Auditing a business risk appraoch
ISBN: 978-0324375589
6th Edition
Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston
Question Posted:
Students also viewed these Auditing questions
-
What is the effect of including a call feature on the price a company can receive for its bonds?
-
What is the effect of an unexpected cash dividend on (a) a call option price and (b) a put option price?
-
What is the effect of an investment increasing from 20% to 40% where there was significant influence upon the purchase of 20%?
-
Which of the following statements about an acquiescence is correct? a. Acquiescences are published only for certain regular decisions of the U.S. Tax Court. b. The IRS does not issue acquiescences to...
-
What are the three stages associated with most P/M sintering operations?
-
For a distribution of scores, the mean is equal to the median. What is the most likely shape of this distribution? a. Symmetrical b. Positively skewed c. Negatively skewed d. Impossible to determine...
-
Refer to the FTC study of the pricing accuracy of supermarket electronic scanners, Exercise 4.30 (p. 192). Recall that the probability that a scanned item is priced incorrectly is y3,, = .033. 1 a....
-
The Professional Golf Association (PGA) measured the putting accuracy of professional golfers playing on the PGA Tour and the best amateur golfers playing in the World Amateur Championship (Golf...
-
( FV ) . ( PV ) . : . . )
-
The flowers in a garden at a resort need to be replaced. The choices for the flowers are Geraniums (G), Impatiens (I), Petunias (P), and Zinnias (Z). The head gardener holds an election in which all...
-
What alternatives are available to the auditor when a population contains a few items with negative balances, such as credit balances in accounts receivable, and the auditor wishes to utilize PPS...
-
What is basic precision, and how is it determined?
-
Reduce to first order and solve, showing each step in detail. 2xy'' = 3y'
-
Brian is considering increasing the length of the cryptographic keys used by his organization. If he adds 8 bits to the encryption key, how many more possible keys will be added to the key space for...
-
Business law SECHON A [100 Marks] Read the scenario below then answer the questions that follow. Contracts are of critical importance especially in daily commercial and business transactions....
-
You may assume that the production costs to the winery are the same for each of the possible wines, despite the differences in volumes with some of the possible wines. Thus maximizing revenue will be...
-
You encounter a split system that uses R-22 refrigerant and observe the following refrigeration parameters from the unit's control display. The unit is operating in cooling mode. Suction pressure:...
-
A refrigerant at -20C is flowing through a 4" schedule 40 carbon steel pipe (inner diameter 102 mm, outer diameter 114 mm); the heat transfer coefficient for the refrigerant is 2500 W/m/K. It is...
-
The following accounts are the consolidated statement of financial position and parent company state ment of financial position for Alpha Ltd as at 30 June 20X2. Notes: 1 There was only one...
-
SCHEDULE OF COST OF GOODS MANUFACTURED The following information is supplied for Sanchez Welding and Manufacturing Company. Prepare a schedule of cost of goods manufactured for the year ended...
-
What is the result of the following? A. null B. An empty String. C. Monday D. The code does not compile. E. The code compiles but throws an exception at runtime. 6: var list new ArrayList (); = 7:...
-
An refinisher of antiques named Constance has been so successful with her small business that she is planning to expand her shop with all new equipment. She is going to start enlarging her shop by...
-
Refer to Problem 2-26 and now assume the prices for the equipment that Constance wants to replace have not been constant. Use the cost index data for each piece of equipment to update the costs to...
-
Five years ago, when the relevant cost index was 120, a nuclear centrifuge cost $40,000. The centrifuge had a capacity of separating 1500 gallons of ionized solution per hour. Today, it is desired to...
-
Choose two stocks from the same industry to minimize the influence of other confounding factors. You choose the industry that you are relatively more familiar with, and then estimate the implied...
-
why should Undertake research to review reasons for previous profit or loss?
-
A pension fund's liabilities has a PV01 of $200 million. The plan has $100 billion of assets with a weighted average modified duration of 8. The highest duration bond that the plan can invest in has...
Study smarter with the SolutionInn App