Read the following statements: 1. Once the audit strategy and plan are formulated, both should not be changed. 2. The process of setting the audit strategy assists the auditor in determining the resources necessary for the audit. 3. The availability of audit resources should be a major factor in determining the audit strategy and plan. 4. Preliminary engagement activities form part of the planning stage. 5. The audit strategy and plan should never be discussed with the client. 6. If the auditor understands the client's business environment, it is not that important for the auditor to evaluate the company's accounting system and related internal controls. 7. Because it is actually carried out by the auditor, observation is the most valuable test of control. 8. In planning an audit, the use of Analytical Procedures may be used to assist in assessing the risks of material misstatement. 9. The first two stages of the audit process can be described as 'gathering audit evidence' and 'evaluating, concluding, and reporting' 10. The objective of the planning stage of the audit is to ensure that the client has sufficient funds to pay the auditors. 103 HAUD230-1-Jul-Dec2022-FA2-DE-05072022 ANNEXURE I: FORMATIVE ASSESSMENT 2 REQUIRED: Indicate whether each of the above statements are TRUE or FALSE, including a brief explanation, therefore. Marks will be awarded as follow: - Stating True or False for each statement (10 marks) - Explanation provided (10 marks) Use the following table format to present your answer:

Answer:

Debit

Explanation:

Depositing money increases the bank balances in one's account. It is an increase in a person's assets. It is similar to debits. A debit entry increases assets. From an account holders' point of view, to deposit will be the same as to debit the account.

Answer:

The law of demand states that quantity purchased varies inversely with price. In other words, the higher the price, the lower the quantity demanded. This occurs because of diminishing marginal utility.

Answer:

I am not sure but it sounds luke the marketing environment or possibly supply and demand+ costomers

The null hypothesis is that there is no difference in the mean amount of sales per day between men and women. The alternative hypothesis is that the mean amount of sales per day is larger for women than for men.

b) The decision rule is to reject the null hypothesis if the test statistic is greater than the critical value obtained from the t-distribution at the 0.05 significance level with degrees of freedom equal to the sum of the sample sizes minus 2.

c) The value of the test statistic can be calculated as (1500-1400)/sqrt(((200^2/40) + (250^2/50))) = 2.28.

d) Using the decision rule, the test statistic is greater than the critical value of 1.67 obtained from the t-distribution with 88 degrees of freedom (40+50-2) at the 0.05 significance level. Therefore, the null hypothesis is rejected.

e) The p-value can be calculated as the probability of obtaining a test statistic greater than 2.28 under the null hypothesis. Using a t-distribution with 88 degrees of freedom, the p-value is approximately 0.012.

f) The result suggests that there is a statistically significant difference in the mean amount of sales per day between men and women. Based on the sample data, it appears that women sell more appliances per day than men. However, it is important to note that this conclusion is based on a sample and may not necessarily hold true for the entire population. Further research and analysis may be needed to confirm the findings.

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Complete question:

Tom Sevits is the owner of the Appliance Patch. Recently, Tom observed a difference in the dollar value of sales between the men and women he employs as sales associates. A sample of 40 days revealed the men sold a mean of $1400 worth of appliances per day. For a sample of 50 days, the women sold a mean of $1500 worth of appliances per day. Assume the population standard deviation for men is $200 and for women $250. At the 0.05 significance level, can Mr. Sevits conclude that the mean amount sold per day is larger for women? a) State the null hypothesis and the alternative hypothesis. b) What is the decision rule? c) What is the value of the test statistic? d) What is your decision regarding the null hypothesis? e) What is the p-value? f) Interpret the result.

Answer:

Economic data is one that is qualitative and quantitative and describes the actual economy's past, present, and future.  It includes the collection of data on the basis of surveys and analysis.

Thus, having economic data is good for historical knowledge band also helps to precut the future economic activity.

The database is essential to maintain such as on a monthly, quarterly, and annual basis. The data can seasonally vary and maybe for a temporary time period.

Hence such data is important and meets the needs of the economy.

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True. The cost to heat a manufacturing facility is often directly linked to the number of units produced. As the production increases, more energy is typically required to heat the facility, resulting in higher heating costs.

A manufacturing facility, also known as a factory or plant, is a location where goods are produced or manufactured. It typically consists of various equipment, machinery, and resources necessary for the production process. Manufacturing facilities can be found in various industries, including automotive, electronics, food processing, pharmaceuticals, and more. They are designed to efficiently and effectively produce goods at scale.

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Answer:

B

Explanation:

Veblen's initial thesis said that better social standing and peer recognition were the two key factors influencing ostentatious consumption.

Conspicuous consumerism is the act of acquiring things or services specifically with the intention of flaunting one's affluence. When publicly exhibited products and services are too expensive for other people in a person's class, conspicuous spending is a way to demonstrate one's social position.

What is the conspicuous consumerism theory?

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Answer:

False

Explanation:

Certifications are official verification, from an accredited source, attesting to capability, not credentials. Certifications include diplomas and degree certificates.

Credentials are only qualifications, personal quality, or achievement that shows a person is good at a skill. This can include getting a trophy for winning all games in a chess tournament.

The checks, cash, and coins that are being added to a bank account are listed on a deposit slip.

One can deposit and withdraw money from a bank account, make payments, send money to another person or organisation, pay bills online, and more. Bank accounts allow for cashless transactions and the receipt of direct deposits from employers or other organisations.

Opening a bank account can be one of the most crucial actions to achieve financial objectives. Because keeping money in an FDIC-insured bank account can provide monetary security, simple access to funds, cost savings from check cashing costs, and general monetary peace of mind.

Deposit account funds are used by banks to fund loans to other people or companies. The borrower pays interest on those loans to the bank in return.

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The Strengths that a business identifies when it does a SWOT Analysis are not new actions to be implemented so this is False.

SWOT analysis help a company evaluate itself to know what it needs to do to improve past its competitors. It is an acronym that stands for:

As shown above, strengths are not a new action to implement but are rather areas and actions that a company is already well-versed at implementing.

In conclusion, it is false that strengths in a SWOT Analysis are new actions that should be implemented.

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Answer:

I think C if its not D

Explanation:

The job which does not require post-secondary education is Non destructive Testing Specialist and Surveying Technician. Thus, the correct answer is D.

STEM is the acronym for Science, Technology, Engineering, and Math.STEM education fosters critical thinking, improves knowledge acquisition, and empowers the next generation of entrepreneurs.

These refer to the best career help in the growth of a country and stability of economy. It is a demanding job that requires highly qualified candidates. This will help in introducing technology and encourages innovation.

Therefore, option D Non-Destructive Testing Specialist and surveying technician is the correct answer which only requires a secondary degree.

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A boosted post helps an adviser to connect with the audience and gain trust.

Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.

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In writing the assignments in this course, I have learned the importance of critical thinking, independent research, and effective communication skills. I believe the assignments were made different from the lecture material to encourage students to engage with the material in a more active and independent way.

Through analyzing and synthesizing information from various sources, I have been able to deepen my understanding of the course material and apply it to real-world situations. Additionally, the assignments have allowed me to hone my writing skills and improve my ability to clearly and concisely convey my ideas.

By requiring us to do our own research and draw our own conclusions, we are forced to think critically and develop our own ideas rather than simply regurgitating information from the lectures.

This approach not only deepens our understanding of the material, but also prepares us for real-world situations where we will need to think independently and solve problems on our own. Furthermore, the assignments also help us to develop important skills such as time management, organization, and effective communication.

By giving us a variety of different types of assignments, we are able to practice these skills in different contexts and become more well-rounded and effective learners. Overall, I believe that the assignments in this course are an essential component of our learning experience and have helped me to develop a range of important skills and competencies.

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He is not spending his entire income and His marginal utility per dollar spent is not the same for both good are the reasons that Anaiah is behaving irrationally. Hence, option A and C are correct.

The additional satisfaction a consumer experiences from owning one extra unit of an item or service is known as marginal utility. Economists utilize the idea of marginal utility to estimate the quantity of a good that consumers will buy. Progressive taxation are frequently defended using the law of diminishing marginal utility.

Positive marginal utility, zero marginal utility, and negative marginal utility are the three primary types of marginal utility. When marginal cost is lower, consumers frequently feel higher marginal utility.

Thus, option A and C are correct.

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Answer:

1-c,2-h,3-a,4-j,5-b,6-i,7-d,8-c,9-g,10-f

Explanation:

should be right.

Explanation:

Correlation does not lead to causation, no matter how strong the correlation may be. You'll need to do an experiment to see if one variable causes the other. There may be other factors that aren't being considered here. We consider these confounding variables.

An example of correlation doesn't lead to causation could be this: In the summertime, ice cream sales increase and the amount of sunburns increase. Both ice cream sales and sunburns are strongly positively correlated. Does eating ice cream cause a sunburn? The answer is "no" because clearly the sun is responsible for that. So the sun would be the confounding variable here. Specifically, the amount of sunlight exposure would be key here.

Answer:

B.

Explanation:

Answer:

i believe is A. non compete agreement

Explanation:

is easy i did it

if it was helpfully pls give me points and a heart

Answer:

FBLA-PBL members most likely to participate in business competitions and leadership conferences.

Answer:

leadership conferences

business competitions

Explanation:

Answer:

Penetration pricing is a pricing strategy where a company charges less than its competitors in order to entice its competitors' customers to patronise them instead.

Competitive pricing on the other hand will see a company charging the same price as its competitors.

Benefits of using Penetration pricing over Competitive

Risks involved

Answer:

Yes it surely does

Explanation:

please mark me as brainlyest

Someone who will personally suffer from a risk happening has C. An insurable risk

An insurable risk refers to a risk that an insurance company is willing to cover because it meets certain criteria, one of which is that the person or entity seeking insurance must have an insurable interest in the property or potential loss. This means that the person must have a financial or other kind of interest in the property or potential loss being insured.

In the context of the given options, subrogation refers to the right of an insurer to pursue legal action against a third party responsible for a loss after the insurer has paid a claim to the insured. Proximate cause is a legal term that refers to the cause that sets in motion a sequence of events leading to an injury or loss. An uninsurable risk refers to a risk that an insurance company is not willing to cover due to the high likelihood of a loss occurring or because it is illegal or against public policy to do so.

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Answer:

a

Explanation:

its because people wont be able to afford hence reduced production of shoes

Answer:

are careers that are focused on running businesses.

Explanation:

The Business, Management, and Administration career cluster includes business skills essential to efficient, productive operations for any company (Administrative and information support, Business analysis, Business, financial management and accounting, Human resources, Management..) The Business, Management, and Administration career cluster is best described with the following: These are careers that are focused on running businesses.

Correct answer: A

If Susan has an additional $120 in blanket sales, how much will her profit increase: The profit will increase by $21.

The contribution margin represents the amount of revenue that contributes to covering the fixed costs and generating profit. In this case, the contribution margin is $7 per puppy blanket sold.

If Susan sells an additional $120 worth of puppy blankets, we can calculate the increase in profit by multiplying the contribution margin by the additional sales:

$7 (contribution margin) * $120 (additional sales) = $840

Therefore, Susan's profit will increase by $840. However, since we are asked for the specific increase, the answer is $21, which is derived from the $840 increase in profit divided by the $40 selling price per blanket:

$840 (increase in profit) / $40 (selling price per blanket) = 21 blankets

So, selling an additional $120 worth of puppy blankets will increase Susan's profit by $21.

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Answer:

A public limited company is a company listed on a recognized stock exchange and the stocks are traded publicly. Although, a private limited company is neither listed on the stock exchange nor they traded.

c: https://legaldocs.co.in

The outcome here is that the court would make blackbeard to give the pay raise that he promised to Davy.

Davy may decide to sue because there has been a breach here. He may decide to sue under the proprietary estoppel.

He already met with what was required of him by providing the book to Blackbeard. It was Blackbeard that was unable tyo meet up with his own part.

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