Which of the following statements, if any, concerning the accounting for
business combinations is/are correct?
I. All business combinations in the U.S. are subject to the acquisition accounting
requirements of ASC 805, "Business Combinations."
Sally had her own small accounting firm. Due to some personal connections
with a top officer of Ginormous Corporation, Sally was able to land Ginormous as a
tax client. Unfortunately, Ginormous had very complicated international tax issues
that Sally a
An auditor is required to establish an understanding with a client regarding
the services to be performed for each engagement. This understanding generally
A. Management's responsibility for errors and the illegal activities of employees that
An auditor would most likely be concerned with which of the following
controls in a distributed data processing system?
C. Access controls.
A distributed data processing system links minicomputers in remote locations
with a centralized computer. The co
ABC is an accounting firm with offices all over the U.S. Its Seattle office
audits Macrohard Co. Who, among of the following, is a "covered member"
regarding the Macrohard audit?
A. Tap, a tax partner in ABC's Seattle office, who has never in his caree
The Sarbanes-Oxley Act of 2002 imposes a mandatory rotation applicable to
both the audit engagement partner and the quality control (also called review)
partner. How long in total is the partner allowed to serve as the engagement
partner or review part
Which of the following statements concerning control risk is correct?
A. Assessing control risk and obtaining an understanding of an entity's internal control
structure may be performed concurrently.
Gaining an understanding of internal control and ass
Which of the following statements about audit sampling risks is correct for a
A. Nonsampling risk arises from the possibility that, when a substantive test is restricted
to a sample, conclusions might be different than if the auditor had te
Question #1 (AICPA.951137AUD-AU)
Computer Services Company (CSC) processes payroll transactions for schools.
Drake, CPA, is engaged to report on CSC's policies and procedures placed in operation as of
a specific date. These policies and proce
Restoration of the carrying value of a long-lived asset is permitted under IFRS if the
asset's fair value increases subsequent to recording an impairment loss for which of
Held for use
Held for disposal
Under IFRS the impairment los
Fair Value Framework - Recognition and Measurement
Instruments Not Eligible for Fair Value Option
Entities may NOT use fair value to measure and report the following financial assets and financial
a) An investment in a subsidiary that is to b
Module 41: Information Technology
Computers have become the primary means used
to process financial accounting information and
have resulted in a situation in which auditors
must be able to use and understand current
information technology. Accor
Chapters 3,4,17, and 18
Chapter 3: Documentation Techniques
1) What is documentation
2) Why documentation tools important
3) What does Sarbanes Oxley (SOX) have to do with documentation
4) What does DFD stand for
5) What are the symbols used
Review Questions for Exam
Chapters 5, 7, 8, 9 and 10
Chapter 5: Computer Fraud
1) What are the four categories of threats to AIS
2) Know the definition of fraud
3) What are the two forms of fraud
4) Which type of fraud did the Treadway Commissio
Chapter 17 Example problems
1. Draw an REA diagram, without cardinalities, of the following cycle:
Bills Bicycle Shop is a store that sells custom-made bicycles. Builders of the bicycles
contact Bills when they have custom bikes available for sale. It pay
GENERAL LEDGER AND REPORTING SYSTEMS
1. Describe the information processing operations required to update
the general ledger and to produce other reports for internal and
2. Identify the m
Example of Narrative Problems Final Test
1. The Harris Company has the recently implemented a new expenditure system. The system allows for the direct
input of purchase requisitions by various users from various departments. All departments are
Chapters 12, 13, 15, 16
Final Test Chapters 12, 13, 15, and 16:
25 multiple choice (chapters 12 13 15, 16) and 5 problems
Two types of problems (1) Match threats to procedures (two of these) and (2) Identification of
Chapters 1 and 2
1) What is a system
2) What is the difference between goal conflict and goal congruence
3) What is the difference between data and information
4) Know what is meant by information overload
5) How can we d
June 30, 2015
PAGSALUNGAT O EPIGRAM
Ito ay ginagamit sa mga tambalang pangungusap na ang unang bahagi ay sinalungat at ang ikalawa
naman ay ang taludtod.
Kung sino ang gumawang batas, siya ang unanglumalabag.
Ang kanyang kagandah
5-1. Cost-volume-profit analysis is often referred to as break-even analysis.
True / False
Wrong. The correct answer is true. Using cost-volume-profit analysis
techniques will reveal the break-even point. However, cost-profit-volume
techniques will reveal
Quiz Chapter 20
1) Which of the following departments is most likely responsible for pay rate changes and changes
in deductible amounts for employees?
segregation of duties
A) General Accounting - responsible for recording things
3.0 Marketing Strategy
Our mission is to serve the people of the New York area with the highest quality
healthcare insurance possible when they need it so that they can focus on what is
most important to them.
3.2 Marketing Objectives
What are the components of the six-step decision making process?
1) Problem Identification
2) Data Collection
3) Solution Generation
4) Solution Test
5) Solution Selection
6) Solution Implementation
Define the problem as clearly and
EX16_XL_VOL1_GRADER_CAP_HW - Software Training Books 1.4
You are a vice president for a publisher of software training books. Your division publishes three
series that focus on Microsoft Office and Windows. You want to analyze the sal
Office 2016 myitlab:grader Instructions
EX16_XL_CH02_GRADER_CAP_HW - Inland Jewelers 1.3 - Clone2
You are an account manager for Inland Jewelers, a regional company that makes custom class rings
for graduating seniors. Y
Learning to lead:
Real leaders say, I dont have the answer.
As the downfalls of CEOs in the past three years
illustrate, staying the course can lead to disaster.
The times are certainly challenging, but todays
leader can succeed only be creating and
Sunday, March 12th, 2017
Year 16 Scoreboard
HRMG 6200: Managing People and Organizations
Note: This is the text -only version of this weeks lecture.
All media (i.e. videos, flash presentations, and PowerPoints) and learning activities
(i.e. assigned readings, assignments, and discussions) are acces