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As the auditor of Maisha Clouds, a software firm in Colchester, Simon Accountants is concerned about the liability accounts of the company. Following some unusual changes in the liability accounts, the amount of total liability has decreased by 12% compared to that in the previous year. Yet the company has experienced a growth in terms of scope and scale of operations. The auditors are somewhat sceptical and wish to check whether there are any unrecorded liabilities. |
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Discuss FIVE audit procedures for unrecorded liabilities. Support your answer with example(s). |
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In: Accounting
A survey found that women's heights are normally distributed with mean 63.5 in and standard deviation 2.5 in. A branch of the military requires women's heights to be between 58 in and 80 in.
a. Find the percentage of women meeting the height requirement. Are many women being denied the opportunity to join this branch of the military because they are too short or too tall?
b. If this branch of the military changes the height requirements so that all women are eligible except the shortest 1% and the tallest 2%, what are the new height requirements?
In: Statistics and Probability
Regression and correlation analysis both describe the strength of linear relationships between variables. Consider the concepts of education and income. Many people would say these two variables are related in a linear fashion. As education increases, income usually increases (although not necessarily at the same rate). Can you think of two variables that are related in such a way that their relationship changes over their range of possible values (i.e., in a curvilinear fashion)? How would you analyze the relationship between two such variables?
In: Statistics and Probability
A football receiver running straight downfield at 5.50 m/s is
10.0 m in front of the
quarterback when a pass is thrown downfield at 25.0 degree above
the horizon. If the
receiver never changes speed and the ball is caught at the same
height from which it
was thrown:
(a) Draw a diagram of the motion. Include initial and final positions of the runner.
(b) Find the initial speed of the football.
(c) Find the amount of time the football spends in the air
(d) The distance between the quarterback and the receiver when the catch is made.
In: Physics
How did the “Real Plan” work? Why was it successful?
What led the central bank to introduce a crawling peg in March 1995?
What were the most important developments in Brazil’s balance of payments from January 1997 to April 1998? What factors contributed to these changes?
What policies did the central bank pursue in response to the BOP developments? Were the policies successful?
What would you expect the effects of a devaluation or adoption of a floating exchange rate regime to be on the Brazilian economy?
In: Economics
Protein Denaturation:
1) If changing the pH of an enzyme solution greatly reduces the activity of that enzyme without precipitation, how could you tell in the lab if it were the result of denaturation or just going to a pH that is just not a good one for the enzyme? And how would a change in pH impact or even stop enzyme function without denaturation? (Consider the enzymes that are active in your stomach, such as pepsin-discussed in Wikipedia.)
2) For changes that precipitate a protein, are some more likely than others to be denaturation?
In: Biology
People with mental health conditions often fear workplace reprisals if they seek mental health care with employer-provided insurance. What kind of system changes can improve this situation? How can nurses be involved in getting more people who need attention in mental health care? . Given the insurance barriers and many other barriers to long-term mental health care, what can advanced practice registered nurses (APRNs) do for patients and their families once they leave care?
In: Nursing
Marketers typically do their research to determine what will best appeal to consumers. Many brands are created with the results of this research in mind. Over the years, many famous brands have been repositioned to reflect changes in customer preferences.
Topic: Product Brands
Using the Library for your research, provide several examples of brands that have recently repositioned themselves. Then explain how they accomplished this task and discuss the following:
In: Accounting
In an attempt to escape from a deserted island, a castaway builds a raft and sets sail for the sea. The wind changes a lot during the day and flies along the following straight lines: 2.60 km and 45.0 ° north of west, then 4.80 km and 60.0 ° south of east, then 1.60 km and 5.00 ° east of north, and finally 2.70 km and 13.0 ° north of the east. Use the analytical method to find the resulting vector of all its displacement vectors. What is its magnitude and direction?
In: Physics
3. The Chinese government is expected to increase military spending in 2017 to counter President Trump’s increased defense spending policies.
a. Explain in macroeconomic measurement, modeling, and movement terms how this action will affect GDP and inflation in China in the Chinese Transactions sector and the Chinese Money sector.
b. Explain how increases in military spending in China could affect the economies of other countries using macroeconomic measures, models, and movement cycles. State at least two different perspectives on what the changes will mean.
In: Economics