SWFT Individual Income Taxes
43rd Edition
ISBN: 9780357391365
Author: YOUNG
Publisher: Cengage
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Discuss the differences between management letter and legal representation letter
(Auditing)
. Decision makers vary widely in the types of decisions they make, the methods of decision making they employ, the information they already possess or can obtain from other sources, and their ability to process information. Consequently, for information to be useful there must be a linkage between these users and the decisions they make. This link is:
a. relevance.
b. reliability.
c. understandability.
d. materiality.
Which of the following is typically NOT part of an ERP’s OLAP applications? a. decision support systems b. information retrieval c. ad hoc reporting/analysis d. logistics e. what-if analysis
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- Which of the following statements is incorrect? The practice of management accounting is fairly flexible. The information gathered from management accounting is not required by law. Management accounting focuses mainly on the internal user. Reports produced using management accounting must follow GAAP.arrow_forwarddiscuss the difference between internal and external users of information and their needs and demands on an information system. historically, which type of user has the firm catered to most?arrow_forwardDiscuss the differences between internal and external users of information and their needs and demands on an information system. Traditionally, which type of user has the company catered to most?arrow_forward
- Describe ways that system theory can help you implement an OD intervention. Assume an organization wants to give more power or decision-making authority to lower level employees. Describe one intervention that might be useful for achieving the objective. Assume an organization conducted a workshop on customer service. The goal was to improve the customers experience. Describe one way you might be able to evaluate the interventionarrow_forwardWhich standards apply to consulting engagements?arrow_forwarddescribe motivations that might cause management to issue fi nancial reports that are nothigh quality;arrow_forward
- Which of the following is NOT an example of a decisional role according to Mintzberg? Select one: O a. disturbance handler b. resource allocator O c. entrepreneur O d. spokespersonarrow_forwardWhat are the advantages of a CPA over members of other professions in rendering management advisory services or consulting work? Explain. Enumerate the practice standards in MAS and explain each.arrow_forward2.You are an external auditor and you have agreed on a task completion a task with required outcomes to obtain a fee. Which of the following threat it will arise?Single choice. Self review threat Intimidation threat Advocacy threat Familiarity threatarrow_forward
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