Ling, an audit manager, is planning the audit of Modern Technologies, Inc. (MT, Inc.), a manufacturer of electronic components. This is the first year that Ling’s audit firm has performed the audit for MT, Inc. Ling set the preliminary judgment about materiality for the financial statements as a whole at $66,000 and is now in the process of setting performance materiality for asset accounts. Asset balances for the current year (unaudited) and prior year (audited) are listed below, as well as Ling’s initial determination of performance materiality for each account. Based on preliminary discussions with management, a tour of the production facility, and background reading about the electronic components industry, Ling determines that MT, Inc., has strong

Comments Off on Ling, an audit manager, is planning the audit of Modern Technologies, Inc. (MT, Inc.), a manufacturer of electronic components. This is the first year that Ling’s audit firm has performed the audit for MT, Inc. Ling set the preliminary judgment about materiality for the financial statements as a whole at $66,000 and is now in the process of setting performance materiality for asset accounts. Asset balances for the current year (unaudited) and prior year (audited) are listed below, as well as Ling’s initial determination of performance materiality for each account. Based on preliminary discussions with management, a tour of the production facility, and background reading about the electronic components industry, Ling determines that MT, Inc., has strong
Ling, an audit manager, is planning the audit of Modern Technologies, Inc. (MT, Inc.), a manufacturer of electronic components. This is the first year that…

The following are various activities an auditor does during audit planning. 1. Review accounting principles unique to the client’s industry. 2. Determine the likely users of the financial statements. 3. Evaluate the appropriate financial statement measures for determining amounts. likely to be considered material by users of the financial statements. 4. Identify whether any specialists are required for the engagement. 5. Send an engagement letter to the client 6. Tour the client’s plant and offices 7. Specify materiality levels to be used in testing of accounts receivable 8. Compare key ratios for the company to those for industry competitors

Comments Off on The following are various activities an auditor does during audit planning. 1. Review accounting principles unique to the client’s industry. 2. Determine the likely users of the financial statements. 3. Evaluate the appropriate financial statement measures for determining amounts. likely to be considered material by users of the financial statements. 4. Identify whether any specialists are required for the engagement. 5. Send an engagement letter to the client 6. Tour the client’s plant and offices 7. Specify materiality levels to be used in testing of accounts receivable 8. Compare key ratios for the company to those for industry competitors
The following are various activities an auditor does during audit planning. 1. Review accounting principles unique to the client’s industry. 2. Determine the likely users…

came to your attention: 1. Canyon Outdoor’s operating lease for its main store is with MTS Properties, which is a real estate investment firm owned by Andrei Mikhailov. Mr. Mikhailov is a member of Canyon Outdoor’s board of directors. 2. One of Canyon Outdoor’s main suppliers for kayaks is Hessel Boating Company. Canyon Outdoor has purchased kayaks and canoes from Hessel for the last 25 years under a long-term contract arrangement. 3. Short-term financing lines of credit are provided by Cameron Bank and Trust. Suzanne Strayhorn is the lending officer assigned to the Canyon Outdoor account. Suzanne is the wife of the largest investor of Canyon Outdoor. 4. Hillsborough Travel partners with Canyon Outdoor to provide hiking and rafting ad- venture vacations. The owner of Hillsborough Travel lives in the same neighborhood as the CEO of Canyon Outdoor. They are acquaintances, but not close friends. 5. The board of directors consists

Comments Off on came to your attention: 1. Canyon Outdoor’s operating lease for its main store is with MTS Properties, which is a real estate investment firm owned by Andrei Mikhailov. Mr. Mikhailov is a member of Canyon Outdoor’s board of directors. 2. One of Canyon Outdoor’s main suppliers for kayaks is Hessel Boating Company. Canyon Outdoor has purchased kayaks and canoes from Hessel for the last 25 years under a long-term contract arrangement. 3. Short-term financing lines of credit are provided by Cameron Bank and Trust. Suzanne Strayhorn is the lending officer assigned to the Canyon Outdoor account. Suzanne is the wife of the largest investor of Canyon Outdoor. 4. Hillsborough Travel partners with Canyon Outdoor to provide hiking and rafting ad- venture vacations. The owner of Hillsborough Travel lives in the same neighborhood as the CEO of Canyon Outdoor. They are acquaintances, but not close friends. 5. The board of directors consists
came to your attention: 1. Canyon Outdoor’s operating lease for its main store is with MTS Properties, which is a real estate investment firm owned…

Your comparison of the gross margin percent for Jones Drugs for the years 2016 through 2019 indicates a significant decline. This is shown by the following information: 2019 2018 2017 2016 Sales (thousands) $ 14,211 $ 12,916 $ 11,462 $ 10,351 CGS (thousands) 9,223 8,266 7,313 6,573 Gross margin $ 4,988 $ 4,650 $ 4,149 $ 3,778 Percent 35.1 36.0 36.2 36.5 A discussion with Tanvi Anand, the controller, brings to light two possible explanations. She informs you that the industry gross profit percent in the retail drug industry declined fairly steadily for three years, which accounts for part of the decline. A second factor was t

Comments Off on Your comparison of the gross margin percent for Jones Drugs for the years 2016 through 2019 indicates a significant decline. This is shown by the following information: 2019 2018 2017 2016 Sales (thousands) $ 14,211 $ 12,916 $ 11,462 $ 10,351 CGS (thousands) 9,223 8,266 7,313 6,573 Gross margin $ 4,988 $ 4,650 $ 4,149 $ 3,778 Percent 35.1 36.0 36.2 36.5 A discussion with Tanvi Anand, the controller, brings to light two possible explanations. She informs you that the industry gross profit percent in the retail drug industry declined fairly steadily for three years, which accounts for part of the decline. A second factor was t
Your comparison of the gross margin percent for Jones Drugs for the years 2016 through 2019 indicates a significant decline. This is shown by the…

Patient With Fatigue EM is a 74-year-old male with a history of rheumatoid arthritis (RA) who presents in the clinic with a complaint of fatigue. EM is ambulatory with a walker and recently has had intermittent flare-ups of his rheumatoid arthritis (RA) disease activity, with increasing pain and swelling in his affected joints. His energy has been declining over the past few months, so he thought it was a good time to come in for follow-up laboratory testing and reassessment of his medications. Most troublesome, he has fainted twice in the past 2 weeks, which resulted in falls onto his carpeted floor. He is afraid to go out into public and even more afraid to drive his car. He has also had some chest pains with exertion. He is eating and sleeping okay, although he does sleep better if his head is elevated on a few extra pillows. He lives alone and gets mea

Comments Off on Patient With Fatigue EM is a 74-year-old male with a history of rheumatoid arthritis (RA) who presents in the clinic with a complaint of fatigue. EM is ambulatory with a walker and recently has had intermittent flare-ups of his rheumatoid arthritis (RA) disease activity, with increasing pain and swelling in his affected joints. His energy has been declining over the past few months, so he thought it was a good time to come in for follow-up laboratory testing and reassessment of his medications. Most troublesome, he has fainted twice in the past 2 weeks, which resulted in falls onto his carpeted floor. He is afraid to go out into public and even more afraid to drive his car. He has also had some chest pains with exertion. He is eating and sleeping okay, although he does sleep better if his head is elevated on a few extra pillows. He lives alone and gets mea
Patient With Fatigue EM is a 74-year-old male with a history of rheumatoid arthritis (RA) who presents in the clinic with a complaint of fatigue.…

Q1. Differentiate with suitable examples thetraditional costing systems and activity-based costing. Explain how ABC is used in manufacturing by providing a numerical example. (3 Marks) Note: Your answer must include suitable numerical examples. You are required to assume values of your own and they should not be copied from any sources. Answer: Q2. Provide a numerical example of special order decisions and make or buy decisions and explain how these decisions are backed by quantitative and qualitative considerations. Your answer must include suitable numerical examples. You are required to assume values of your own and they should not be copied from any sources. (Week 8, Chapter 4)

Comments Off on Q1. Differentiate with suitable examples thetraditional costing systems and activity-based costing. Explain how ABC is used in manufacturing by providing a numerical example. (3 Marks) Note: Your answer must include suitable numerical examples. You are required to assume values of your own and they should not be copied from any sources. Answer: Q2. Provide a numerical example of special order decisions and make or buy decisions and explain how these decisions are backed by quantitative and qualitative considerations. Your answer must include suitable numerical examples. You are required to assume values of your own and they should not be copied from any sources. (Week 8, Chapter 4)
Q1. Differentiate with suitable examples thetraditional costing systems and activity-based costing. Explain how ABC is used in manufacturing by providing a numerical example. (3 Marks)…

Do you think the newly announced fentanyl vaccine will be useful in mitigating the opioid overdose crisis? The development of a vaccine to prevent fentanyl from crossing the blood-brain barrier has been announced. Read the GAO article and discuss some of the issues this treatment option may raise. Source: https://uab.instructure.com/files/71232711/downloa… Submit a question of your own and the thoughts on the source. need 300 words.

Comments Off on Do you think the newly announced fentanyl vaccine will be useful in mitigating the opioid overdose crisis? The development of a vaccine to prevent fentanyl from crossing the blood-brain barrier has been announced. Read the GAO article and discuss some of the issues this treatment option may raise. Source: https://uab.instructure.com/files/71232711/downloa… Submit a question of your own and the thoughts on the source. need 300 words.
Do you think the newly announced fentanyl vaccine will be useful in mitigating the opioid overdose crisis? The development of a vaccine to prevent fentanyl…

Target and Kohl’s are chains of stores that cater to customers who desire name-brand goods at lower prices. The Securities and Exchange Commission (SEC) Form 10-K filing rules require management of U.S. public companies to include background information about the business, as well as the most recent financial condi- tion and results of operations. Access each company’s most recent Form 10-K. These can be obtained through the SEC website (www.sec.gov), or directly from the investor relations section of th

Comments Off on Target and Kohl’s are chains of stores that cater to customers who desire name-brand goods at lower prices. The Securities and Exchange Commission (SEC) Form 10-K filing rules require management of U.S. public companies to include background information about the business, as well as the most recent financial condi- tion and results of operations. Access each company’s most recent Form 10-K. These can be obtained through the SEC website (www.sec.gov), or directly from the investor relations section of th
Target and Kohl’s are chains of stores that cater to customers who desire name-brand goods at lower prices. The Securities and Exchange Commission (SEC) Form…

interview followers (intv) project 2: interview followers (intv) the main purpose of the project is to determine “what do followers want from their leaders during a crisis?” to address this central qualitative research question, you will conduct interviews of the total three (3) employees from different multicultural organizations, located in your country of residence. collect and code the interviews in order to identify themes that emerge. include the qualitative method section in the paper. analyze and discuss

Comments Off on interview followers (intv) project 2: interview followers (intv) the main purpose of the project is to determine “what do followers want from their leaders during a crisis?” to address this central qualitative research question, you will conduct interviews of the total three (3) employees from different multicultural organizations, located in your country of residence. collect and code the interviews in order to identify themes that emerge. include the qualitative method section in the paper. analyze and discuss
interview followers (intv) project 2: interview followers (intv) the main purpose of the project is to determine “what do followers want from their leaders during…

locate any report or periodical article that contains at least two different graphical representations of data or use one of the supplied articles. interpret the graphs and present your findings in a brief powerpoint presentation (6-10 slides). instructions complete the following: article identification. use one of the articles listed under article options subheading below or find an article in forbes or ot

Comments Off on locate any report or periodical article that contains at least two different graphical representations of data or use one of the supplied articles. interpret the graphs and present your findings in a brief powerpoint presentation (6-10 slides). instructions complete the following: article identification. use one of the articles listed under article options subheading below or find an article in forbes or ot
locate any report or periodical article that contains at least two different graphical representations of data or use one of the supplied articles. interpret the…

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