Basic knowledge about International
When a corporation needs money, what
method can it use to raise fund?
A borrow money from bank
B issue stocks
C issue bonds
D all above methods can be used.
Which of the f
Analysing evaluating the impact
Who benefits from a subsidy?
Although producers receive all the money from the subsidy (nominal benefit) unless demand is
perfectly elastic, they h
Definition: Use of rules, standards and laws to influence behaviour and the allocation of resources.
Sometimes referred to command and control policies)
-government regulation (local/national)
Definition : A superiority gained by an organization when it can provide the same value as its
competitors but at a lower price, or can charge higher prices by providing greater value through
differentiation. Competitive advantage re
9-24: (a). 3 (b). 4 (c). 3
a. 10000/1000000=1% 2500000*1%=25000.
b. The total overstatements= 58000. At the beginning, the
auditor set the materiality threshold 50000, so it can not
c. Because AR=IR*CR*DR, the total overstatement
Assignment: CH 01-CH 02. (Name: Priscilla, ID: h702197846 )
a. (3) b. (2) c. (2) d. (1)
c. (4) d. (2)
a: Banks as an lenders, who rely on reliable financial statements to
decide the interest rate, require an independent
MC (3-23,3-24,3-25) 3-26, 3-27, 3-28, 3-29, 3-30, 3-31
(2) (3) (4)
(3) (4) (1)
(3) (2) (3)
a. Because the auditor is not guaranteeing about the
accuracy of the financial statement. Correctly stated
means absolute correctly.
CH 05 and CASE 4.1
5-16: a. (2). b. (1). c. (4).
5-17: a. (3). b. (4). c. (2). d. (2).
1. (1). Gas pipelinedeliver nature gas: the businesses risks is price instability and foreign
(2). Involved in the brokerage of speculati
a. The auditor is required to plan and perform audit
engagements to provide reasonable assurances that the
financial statements are free of misstatements. But there
have differences between the the error and fraud. Error
mean that the financi
6-20: a. (2). b. (3). c. (1)
6-21: a. (1). b. (2). c. (1)
6-25: (1). the auditor has a critical assessment that need to ask the management problem, also,
the auditor need to have questioning mind when they perform the audit procedures.
(2). 1.The clo
10-30: A. (3) B. (1) C. (1) D. (4)
10-31: A. (3) B. (2) C. (4) D. (2)
10-31: A. (2) B. (2) C. (4) D. (4)
cash not sent to sale clerks
sales clerks record daily sales that
related to their comm
13-22: a. (2). B. (2). C. (1). D. (4)
13-23: a. (3). B. (1). C. (3). D. (3)
a. NO. because the inherent limitation of internal control, the
auditor need to perform test of balances to evaluate the
effective of internal control. For example, t
4-18: a. (1) b. (1) c. (3)
4-19: a. (1) b. (1) c. (3)
a. YES. Because providing bookkeeping services is not
f. YES. Because providing internal audit services to a
public company is violation of rules.
11-20: a. (1). b. (1). c. (2). d. (4)
11-21: a. (1). b. (2). c. (3).
11-22: a. (1). b. (3). c. (1)
11-23: 1. Fraud risk. Opportunities. 2. None. 3. Fraud risk.
Opportunities. 4. Fraud risk. Pressures. 5. Fraud risk. Pressures.
6. none. 7. None. 8. Fr
15-223. 1. 1. 1.
15-231. 3. 4. 4.
15-244. 3. 2.
a. Base on the compare between the Population sizes,
2>1. ARO decrease. 3>2. TER decrease. 4>1. ARO decrease.
5<1. TER and EPER increase. 6<5. EPER decrease. 7> 3 and 4. TER and EPER DECREASE
b. 1. (88
In July, UKs unemployment rate fell to a lowest point since late 2008, with only 6.4%. UK
claimant count fell by a seasonally adjusted 33,600 according to the ONS. Lowered
unemployment rate can be very beneficial to the
Chemistry Individual Investigation Proposal
What are the kinetics of the decomposition of the Fe3+ thiosulphate
Catalysed via Cu2+ ions
Investigate the effect of concentration on the rate of decomposition of the Fe 3+
AS to A2 Summer Work: Measuring Astronomical Distances
You have to make a written report on methods of measuring astronomical
distances. You will be tested on this at the beginning of term.
Your report should be no longer than 1500 words and should not be
Physics Summer work
Measuring Astronomical Distances Report
How do we measure distances in Astronomy?
Radar is an object-detection system that uses radio waves to determine
the range, attitude, direction or the speed of object. The radar dish or
Physics Summer work
Cepheid variables are divided into several subclasses which exhibit markedly different masses, ages,
and evolutionary histories: classical Cepheids, type II Cepheids, anomalous Cepheids, and dwarf