BUS-4072_FouchTashia_Week5Assignment

Question 3 a) Auditors need to identify audit risk in planning an audit engagement. In doing so, the audit risk model may be adopted. Write the audit risk model in the two common ways it is often used by auditor. Each risk should be written in the model or named clearly for any abbreviations used. Explain inherent risk, control risk and planned detection risk respectively.

Question No 3:   Rectify the error if any in the following in-text citation based on APA guidelines.   Perceived risk, which is defined as an individual’s degree of expected uncertainty associated with the result of using a certain technology (Tan and Lau, 2016). It includes five main groupings: service performance, monetary, time, societal and security risks (Jacoby and Kaplan, 1972; Mha, 2015). Perceived risks in turn increase consumer hesitation and generate negative attitudes toward a service (Kalaiarasi and Srividya, 2012). This breeds a sense of anxiety and unease that in turn decreases the perceived value and usefulness of a technology, thereby diminishing adoption intentions (Kumar, Arcand, Tai, 2012). Indeed, as stated by (Kazi and Mannan, 2013), electronic banking applications are associated with high perceived risks because consumers fear the exchange of personal financial information and services through online applications Moreover, studies have indicated that a high…

Subject:- accounting

QUESTION 4  The following table shows the weights and prices of some whole rotisserie chickens at Price Mart. Make a scatterplot with weight on the x-axis and cost on the y-axis. Include the regression line on your scatter    Find the numerical value for the correlation between weight and Explain what the sign of the correlation  What is the equation of the best-fit straight line, using weight as the predictor (x) and cost as the response (y).  What does the slope of the regression line tell us?  Find and interpret the coefficient of determination using the original    Weight (lb.) Price 2.8 $3.92 3.7 $4.70 2.9 $4.41 4.2 $5.38 5.3 $6.84 4.7 $5.99

Seven Essential Elements of An Effective Compliance Program include: Question 21 options:   A-Establishing Compliance Standards of Conduct and Procedures   B-Overall Compliance Program Oversight   C-Due Care in Delegation of Authority   D-Monitoring and Auditing Systems   E-All of the Above

Question 1 (i) What are the 5 components of the COSO framework? A. Risk assessment, control environment, control activities, information and communication, monitoringB. Control environment, risk assessment, control activities, information and communication, monitoring.C. Control activities, monitoring, information and communication, control environment monitoringD. Control activities, control environment, risk assessment, monitoring, information and communication (ii) An opinion which is given by the auditor when the financial statements give a true and fair view except for a particular matter, which the auditor explains is called:A. An adverse opinionB. An unmodified opinionC. A qualified opinionD. A disclaimer opinion (iii) Which of the following is NOT a reason why linking reward to performance may not solve remuneration problems?A. Unsuitable measures of performance may be selected B. Many performance measures are based on the short term resultsC. Remuneration systems are normally…

Subject: Prince Georges County Maryland. Need the following answered - Brief introduction to the ACFR - Highlight the total revenue for the fiscal year - Highlight the total expenditures - Mention the net position at year-end - Include a note on any major capital projects or debt issuance - Present the specific item of interest you found in the ACFR report - Discuss its significance or impact on the county's finances - Include relevant figures or percentages to quantify the importance - Provide a graphical representation if possible (e.g., a bar chart or pie chart to illustrate budget allocation or revenue sources)