Imagine you own a business that sells to customers on trade credit. For
example, you manufacture luxury soaps and you sell these soaps to
boutique stores in your hometown area. Describe your business.
My business would be supplying hotel products to hote
Describe your business.
The business I would choose to do my discussion on is hotel business. It
would be selling hotel rooms and banquet halls for events. It would also
involve a full service restaurant-bar.
Would you use accrual accounting or cash accou
Imagine you own a business that carries inventory. Briefly describe your business.
My business would be supplying hotel products to hotels. It would include, soaps, shampoos,
conditioners, mouth washes, towels, bathmats, washcloths, hand towels, laundry
Imagine you own a business and your business has three or more employees. Identify the type
of company and briefly describe the nature of your business e.g. retail (selling shoes or clothes,
restaurant, or making furniture).
My business would be an India
2-24 Audits can be categorized into five types: (1) financial statement audits, (2) audits of internal
control, (3) compliance audits, (4) operational audits, and (5) forensic audits.
For each of the following descriptions, indicate wh
BSBA Accounting Concentration
ACC470 Auditing I
This course introduces students to the philosophy and environment of the auditing
profession. Students will learn the economic purpose of auditing, auditi
1-26. You were recently hired by the CPA firm of Honson & Hansen. Within two weeks, you were sent to
the first-year staff training course. The instructor asks you to prepare answers for the following
a. How is audit evid