Discuss various classes of error and state in each case the effect they might have on the trial balance being discovered. "It is nothing to the auditor whether the business is run prudently or imprudently, profitable or unprofitably-Do you agree? Give reasons for your answer.
Q: Determine how you would organize your salesforce to optimally sell the product and explain why.
A:
Q: The threat of new entrants is increased if product differentiation in the industry is high. True…
A: Product differentiation is what makes your product or services stand out to your target audience.…
Q: Discuss JOLLIBEE how they provided the needs of their customers in terms of providing facilities and…
A: The central objective of Jollibee lies in reinforcing brand love and affinity through its…
Q: A. Select an industry to analyze. Identify companies for each of competitive strategies. How many…
A: Company will provide value for customers in terms of products and services. It will receive profits…
Q: Explain and expound the five (5) menu planning constraints?
A: Recent years have seen growth in the food business, which has impacted the global market's economic…
Q: Write about the concept of service quality in marketing
A: Introduction : The quality of a company's offerings has a major impact on its brand's image and…
Q: How to achieve my goals while understress?
A: Stress is caused by physical or emotional tension. When there's a gap between the life one has…
Q: Apha Research Consultants is a marketing research consultancy operating in Jamaica for approximately…
A: Introduction:- Marketing Mix is a concept of marketing that revolves around 4Ps pf marketing namely:…
Q: Mention the factors influencing promotion -mix .
A: Introduction : Since promotion is an important part of any business, businesses come up with a mix…
Q: What Sets a Process Apart from a Technological Capability
A: Management capabilities is a structured framework that the manager implements in the organizational…
Q: Explain how Instagram mission and vision is reflected in the marketing of Instagram.
A: Marketing a business requires continued and longterm planning.
Q: How does perception affect Royal Enfield's marketing?
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: transformation.
A: Company values are the fundamental principles or standards that direct your business decisions. They…
Q: Why is Google Pinterest's biggest competitor? Why does Pinterest develop new products and features…
A: Strategy is the set of choices made by the company or a person to do certain things and avoid others…
Q: Name a current advertising slogan you believe is particularly effectivefor developing a unique…
A: The unique selling proposition (USP) in marketing is also known as the unique selling point (USP) or…
Q: Procter & Gamble sends new parents home from the hospital with asample of Pampers diapers, and…
A: Marketing techniques are a series or collection of strategic approaches or actions used to promote…
Q: Identify the various types of sales promotions.
A: The mix of promotions includes sales promotions. It is a process of persuading a customer to…
Q: To effectively use mobile technology, various challenges must be addressed. How much money might you…
A: Evolution in mobile technology: Mobile technology has transformed how we interact with one another,…
Q: Nathan gauged the level of exposure to his marketing campaign usingthe percentage of the target…
A: Marketing or an advertising campaign are set of advertising messages that aim at promoting the goal…
Q: Why is promotion the communication between the seller and the buyer ?
A: The promotional or communication mix refers to the types of promotional communication techniques a…
Q: CAN YOU EXPLAIN THREE OUTPUTS OF MARTRIX MODEL CONNNNUNICATION WITH SOME EXAMPLES?
A: Marketing means communication and not merely communication, it is something where a marketer tries…
Q: Select two stores you shop at, and state how they compete.
A: Competition in the market puts companies under the constant pressure of doing better than their…
Q: and why the poster will be used as a marketing tool and how you will reach your target market
A: Every company will try to use a marketing channel which will give it highest number of customers in…
Q: Explain how trade allowances work.
A: Trade-in allowances are cash rewards used in a wide range of industries. In essence, it refers to…
Q: Imagine a town has four competing stores of the same kind. What types of technology could help one…
A: Information technology is highly influencing the business sector. Although organizational cultures…
Q: Why do companies use public relations as part of their IMC strategy?
A: Promotion is an effort to inform, induce or suggest to final customers and business-to-business…
Q: what is ethical marketing?
A: Target market is a group of customers in which the business aims its marketing efforts and…
Q: Write the basis ( Technology, interface, advertising
A: As we are bound to answer only 3 sub parts of a question so, to get full answer you need to repost…
Q: Discuss the pricing strategies.
A: Pricing strategy is a tool used to determine the price of a particular product or service by…
Q: Which products are best suited for an exclusive distribution strategy and why?
A: The exclusive distribution supports a manageable and well-balanced supply chain. The manufacturer…
Q: The Opportunity Cost of any choice is: A the direct cost. B the indirect cost. C the foregone…
A: The Opportunity Cost of any choice is: A. the direct cost B. the indirect cost C. the foregone value…
Q: What is skimming?
A: Price skimming is a marketing tactic in which the vendor lists the price of his products or services…
Q: Discuss, What is Atlas doing well with regard to staffing strategically? b. Explain, How could…
A: Hiring the right candidate is a task in itself. A competent employee is an asset for the…
Q: 1) Aside from profit, what are the advantages of distribution management that will conform to the…
A: The process of controlling the flow of goods from the supplier or producer to a storage facility or…
Q: n: Critically analyse the marketing mix of Alpha Research Consultants.
A: Consultancy firms helps other organisation in betterment of their businesses. They Provide business…
Q: The Container Store should ensure all of the following when setting sales goals, except: Multiple…
A: Goals are defined as the future aim or result that an individual or group tries to achieve by…
Q: would be an example of a competitive advantage with a vegan resturant
A: Every business will create value for its customer and will try to increase the market share for…
Q: Chapter 9 also discusses product positioning, repositioning, and perceptual mapping. a. Construct a…
A: Disclaimer: Since you have posted a question with multiple sub-parts, so we will solve first three…
Q: Q2. (Zara Case) Wha based systems help Answer:
A: Zara is a leading outfit and accessory retailer worldwide with numerous locations. In 1975, Amancio…
Q: switching costs? What role does technology play in strengthening a firm's switching costs
A: Cost in a business firm is an expense incurred that a business bear to take on its efforts to sell a…
Q: Cadbury is a British multinational confectionery company owned by Mondelēz International. It is the…
A: One of the important parts of management is its process which is known as the management process.…
Q: What is the meaning of market response and data release in market consensus give examples for each
A: A Market is considered to be a place where trading/exchange of items is done by people and…
Q: what is ethical marketing
A: Introduction :- Ethical marketing is the practice of applying moral principles to a business's or…
Q: How is Marketing different from selling ?
A: Marketing is the entire activity of identifying the needs of the customer and then developing the…
Q: What precisely are measures for quality of service? What use do Quality of Service measurements…
A: The requirements for service quality vary by industry. After all, you wouldn't anticipate a hotel…
Q: 1. The finance discipline aims to help the business decision makers in answering key questions. How…
A: Disclaimer: Since you have posted a question with multiple sub-parts, so we will solve first three…
Q: overraction influences investment decision-making.
A: Investors overestimate their knowledge and belief that the best way to predict a company's future…
Q: Imagine that you work for Puma and are tasked with producing an IMCcampaign with a goal of…
A: The efficacy of traditional media is used by marketers to promote their goods and spread the…
Q: [Brillig] Steven Brillig works as owner of Amazon. He oversees Bezos' schedule and decides who he do…
A: The role which is played by Brillig in the organizational buying centre to explain to Jeff Bezos the…
Q: Produce a strategic marketing plan for an organisation that Measures achievement of marketing…
A: A comprehensive framework makes up a strategic marketing plan. It serves to ready a business for the…
Step by step
Solved in 3 steps
- ASA500 requires the auditor to obtain sufficient appropriate evidence to support the opinion issued in an audit report. Auditors must be persuaded that their opinion is correct with a high level of assurance. In the audit of Jones Computer Parts Co. Ltd the auditor concludes there is a high likelihood of obsolete inventory.Required:Identify the two factors that determine the persuasiveness of audit evidence.The auditor assesses the identified fraud risks after taking into account an evaluation of the client’s programs and controls. How might the auditor respond to the results of the assessment of higher fraud risk?11. An important group is interested in acquiring a company, for which reason they request an opinion from the external auditor to ratify the reliability of the figures on which they will support their decisions and that demonstrate the productivity and financial solidity of the company to be purchased. The stakeholder group is called: Select one: a.Federal government. b.Shareholders. c.Collaborators. d.top innovation.
- As the acceptable level of detection risk decreases, the auditor may do one or moreof the following except change the(1) nature of audit procedures to more effective procedures.(2) timing of audit procedures, by perhaps performing them at year-end rather thanan interim date.(3) extent of audit procedures, by perhaps using larger sample sizes.(4) assurances provided by audit procedures to a lower levelWhen performing sales mix analysis , which one of the following is false : a. Producing and selling more units of the product with a higher contribution margin would likely decrease the breakeven point b. Making changes to the sales mix will likely cause a change in the breakeven point c. The sales mix is usually assumed to be remain the same . d. Shifting the sales mix to the product with a lower contribution margin will likely ncrease the overall contribution margin e. Normally the calculation of the breakeven point for multiproduct is more complicated than that for a single productLew Pherson and Vera Collier are friends whoare employed by different CPA firms. One day during lunch they are discussing theimportance of internal control in determining the amount of audit evidence requiredfor an engagement. Pherson expresses the view that internal control must be evaluatedcarefully in all companies, regardless of their size or whether they are publicly held,in a similar manner. His CPA firm requires a standard internal control questionnaireon every audit as well as a flowchart of every transaction area. In addition, he says thefirm requires a careful evaluation of the system and a modification in the evidenceaccumulated based on the controls and deficiencies in the system.Collier responds by saying she believes that internal control cannot be adequate inmany of the small companies she audits; therefore, she simply ignores internal controland acts under the assumption of inadequate controls. She goes on to say, “Why should Ispend a lot of time obtaining an…
- ABC is still at a relatively early stage of its development and its implications for the process control may in the final analysis be more important than its product costing implications. it is a good time for every organization to consider whether or not ABC is appropriate to its particular circumstances. You are required (a) to contrast the feature of organizations which would benefit from ABC with those which would not. (b) to explain in what ways ABC may be used to manage costs, and the limitations of these approaches. (c) to explain control product costs.A. Being a consumer of cookies, what are the qualities do you consider before buying the cookies at hypermarket? B. What will be the role of quality control inspector in this production process of cookies? Briefly explain. C. A small percentage of cookies is stored temporarily in the company’s warehouse, but they must be shipped shortly because of their limited shelf life due to not using preservatives. Based on this statement, what are the advantages and limitations associated with not using preservatives in cookies by Lew-Mark?The auditor’s tests of controls revealed that required approvals of cash disbursementswere absent for a large number of sample transactions examined. Which of thefollowing is least likely to be the appropriate auditor response?(1) The auditor will communicate the deficiency to those charged with governance.(2) The auditor will increase the planned detection risk.(3) The auditor will not select more sample items to audit.(4) The auditor will perform more extensive substantive tests surrounding cash disbursements.
- 1. How can internal auditors use histograms during internal audits? 2. How can management use control charts as part of their ongoing monitoring activities? 3. How can the 5S model be used during an operational audit? 4. How is transporting a waste? Provide an example to support your answer. 5. Describe the impact of defects on organizational success from an internal and external (e.g., competitive) perspective.Using signavio or any PBM tools. Model the following business process at a supplier. After a supplier notifies a retailer of the approval of a purchase order, the supplier can receive an order confirmation, an order change, or an order cancelation from the retailer. It may happen that no response is received at all. If no response is received after 48 h, or if an order cancelation is received, the supplier will cancel the order. If an order confirmation is received within 48 h, the supplier will process the order normally. If an order change is received within 48 h, the supplier will update the order and ask again the retailer for confirmation. The retailer is allowed to change an order at most three times. Afterwards, the supplier will automatically cancel the order.kindly answer please thank you! operation auditingin performing effective risk assessment, organizations should: Identify and implement changes that could impact risk and internal control identity and analyze risks to the achievement of its objectives to determine how they may be planned Clearly specify objectives to allow the identification and assessment of risks related to the controls Consider potential fraud relating to the achievement of objectives None of the choices