MULTIPLE CHOICE (2 points each)
1. A company has estimated its economic order quantity for Part A at 2,400 units for the coming
year. If ordering costs are $200 and carrying costs are $0.50 per unit per year, what is the
estimated total annual usage?
ACCG878 Module Two Outlining the Course of Action
List of questions
What is the time frame?
What is the nature of the suspected fraud?
Where are the relevant locations?
Who is the contact at the locations?
Who are the targets?
Additional planning items that should be considered when computer processing
is involved are:
The extent to which the computer is used in each significant accounting
The report simply states: The financial statements are not intended to be
presented in conformity with financial reporting standards. The opinion
expression thereafter refers to
The proper installation of IT can lead to internal control enhancements by
replacing manually-performed controls with computer-performed controls. ITbased accounting systems have the ab
CORPORATE GOVERNANCE AND AUDITS
Corporate governance is defined as:
a process by which the owners and creditors of an organization
exert control and require accountability for the resources entrusted to
the organization. The owners
Many of the revenue and expense accounts are not material in relation to the
financial statements and may be combined with other accounts in the financial
statements. These accounts ca
In a batch processing system, documents evidencing transactions and events are
gathered and processed by groups. The days sales invoices, for example, may
be converted to machine-readable form and processed th
Major reasons for departure from the standard unqualified report
Students may identify more than one description of the most important
distinction between an op
The entire audit process culminates in the preparation of the auditors report.
The auditors report is the primary product of the audit. The auditor should
review and assess the conc
An incorrect acceptance decision directly impairs the effectiveness of an audit.
Auditors wrap up the work and the material misstatement appears in the
An incorrect rejection de
Refer to page 806, 3rd paragraph of the textbook.
The major function of audit workpapers is to provide evidence of conformance
with auditing standards. As a body, the workpapers are the principal record of
Refer to page 834 of the textbook.
Refer to pages 836 and 837 of the textbook.
The objective of evaluating misstatements is to determine the effect on the audit
and whether there is a need to perform ad
Directly. Higher levels of control risk induce auditors to audit larger samples of
receivables, with confirmation date closer to the fiscal year end date. As for
nature of the procedures: higher levels of control ris
The cutoff bank statement is a bank statement sent by the bank directly to the
auditor, and it is usually for a fifteen or twenty day period following the
reconciliation date. The basic use
Examples of using what has held true in the past will hold true in the future:
(a) evaluating the collectibility of accounts receivable based on past collection
(b) evaluating inven
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Module Code: BM052-3-2-BAS
INDIVIDUAL ASSIGNMENT (30% weightage)
1. Assess and implement the strategy position of an organisation (MQF1 and MQF2).
2. Evaluate and restructure organisation s
Table of Contents
2.0) MAIN BODY:.2
2.1) DIGITIZATION KEY TO SUCCESS IN MANUFACTURING SECTOR:.2
2.2) DIGITIZATION IN SERVICE SECTOR:.4
Zhou (2013) defined digitalization as the process of
Table of Contents
MAIN SECTION:. 2
DIGITIZATION IN MANUFACTURING SECTOR:.2
DIGITIZATION IN INSURANCE SECTOR:.4
Digitalization is the process of converting analog information or signals into a
According to Schindler (2011), people management refers to the role of manager in
developing, motivating and training employees to perform at their best. Management
in an organization plays a critical role as the success and failure of
What Communication Style Are You?
Pre-reading: Hartman, J.L. & McCambridge, J. Optimising Millennials Communication Styles.
Business Communication Quarterly. Mar 2011, Vol. 74 Issue 1, p22-44.
Step 1: Read and score each of the following statements.
Assignment 1 (Online Test)
Format: It would be a multiple-choice test covering topics 1-3.
Venue: Online via Blackboard
Time: The online test will be held between 4pm and 6pm on Friday of week 5.
IMPORTANT: Once you start, you will get 25
BUSM1162 ASSIGNMENT 2 GUIDE
Individual Report (50%)
This guide answers frequently asked questions relating to:
1. GETTING ORGANISED
A. Style of the assignment Business report
2. APPLYING THEORY
3. ASSIGNMENT SUBMISSION - Electronic copy
Table of Contents
EXECUTIVE SUMMARY:. 2
1.0) EVALUATION OF QUESTIONNAIRE:.3
1.1) DATA COLLECTION METHODS:. 4
ADVANTAGES AND DISADVANATGES OF THE METHOD:.4
1.2) RECOMMENDATION ON THE TYPE OF SAMPLING METHOD:.4
ADVANTAGES AND DISADVANTAGES OF STRATIFIED
Readings from Australian Taxation Law 2016 CCH for this lecture
Introduction to taxation law
What is a tax? W1-550
Constitutional aspects of taxation W1-530 to 1-540; W1-595 to 1-600
Sources of Australian income tax law W1-310 to 1-520
Three criteria will be used to assess student work in this Unit:
Knowledge Development: Understanding of key ideas, knowledge
components and their interrelationships.
Application: Ability to apply theoretical ideas and frameworks to e
Emerging Issues in Financial Crime
Session 2 2016
Note this is NOT the Unit Guide
The official Unit Guide is available online and is accessed separately through iLearn
of this unit. The assessment guide should be read in conjuncti
BM056-3-2 Financial Management
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This assignment is an individual assignment and is worth 30% of your total assessment. Proper
referencing and citation should be included and use Harvard Referencing method. Your
Journal entries: Debit and Credit
Sales journal: Record all of the company sales on credit (ACCOUNTS RECEIVABLE: PROVIDE
THE SERVICE WITHOUT RECEIVING THE MONEY)
Cash receipts Journal: Keep track of the sales of items when cash is received (CASH A
PAMANTASAN NG CABUYAO MH
Auditing Problems AP-06
basis. Occasionally it sells patents. The following presents the summary of the
activities in relation to the aforementioned patent:
2001 2002 Research aimed at the discovery of the new P3, 840,