Business, 04.07.2019 08:00 jjjjjjjbvhnchjkj
You have been asked to test the effectiveness of ingo corporation's control of manually approving all purchases over $25,000. during the year, ingo corporation has made 1,000,000 purchases, of which 3,000 were over $25,000. jian zhang, cia, your supervisor, has asked you to use a tolerable deviation rate of 4 percent (although she expects the rate to be only approximately 0.25 percent) and a 5 percent risk of assessing control risk too low.
Answers: 1
Business, 21.06.2019 15:50
2. you take $100 you had kept under your mattress and deposit it on your bank account. if this $100 stays in the banking system as reserves and if banks hold reserves equal to 10% of deposits, by how much does the total amount of deposits in the banking system increase? by how much does the money supply increase?
Answers: 3
Business, 22.06.2019 19:30
The owner of firewood to go is considering buying a hydraulic wood splitter which sells for $50,000. he figures it will cost an additional $100 per cord to purchase and split wood with this machine, while he can sell each cord of split wood for $125. if, for this machine, design capacity is 50 cords per day, effective capacity is 40 cords per day, and actual output is expected to be 32 cords per day, what would be its efficiency?
Answers: 1
You have been asked to test the effectiveness of ingo corporation's control of manually approving al...
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