7.29 Effect of circumstances on audit opinion You are an audit partner finalising your 30 June 2015 audits. The following independent and material matters have come to your attention. 1. Food Fund Foundation‚ a charity‚ is a non-reporting entity. As in previous years‚ you have performed the audit in accordance with its constitution. The financial report is prepared by another firm of accountants on behalf of Food Fund’s board of directors‚ because Food Fund does not have the in-house expertise to
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1. Do you agree with Virgin ’s market diversification strategy? If so‚ what other markets should they pursue? If you disagree‚ what should be their business focus? Diversification is most commonly understood through the financial world‚ where one should have a diverse range of investments. Mixing funds that are countercyclical – the performance of certain funds is not correlated to the performance of others. Usually when one set of funds are down‚ the value of another set of funds is up. This
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CanGo has moved from a small startup to a recognized growth company having a recent IPO offering. CanGo is currently lacking in a critical area for any business. It needs to focus on Strategic Planning. Strategic Planning will benefit CanGo by allowing it to: 1. Clearly define its goals consistently with its Mission and Vision statement. 2. Communicate effectively its goals to all of the organization. 3. Provide a foundation on which to direct future efforts. CanGo has the layers for a hierarchical
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Sub : INFORMATION SECURITY M.E.(CSE) I Sem Tutorial-1 1. What is security attack? Explain active attacks and passive attacks? 2. Explain objectives of Information Security. 3. Distinguish among vulnerability‚ threat‚ and control 4. Preserving confidentiality‚ integrity‚ and availability of data is a restatement of the concern over interruption‚ interception‚ modification‚ and fabrication. How do the first three concepts relate to the last four? That is‚ is any of
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Use of the Internet has resulted in recognition that information technology security is of major importance to our society. This concern seems relatively new in healthcare‚ but information technology security is a well established domain. A large body of knowledge exists that can be applied to protect healthcare information. A general understanding of security can be obtained by understanding: 1. Security Components 2. Security Principles 3. Threats‚ Vulnerabilities‚ Control Measures
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Corporation of America (HCA) Staff Analysis Statement of Problem HCA‚ after following a conservative financial policy since its establishment‚ has entered the new decade preparing to make some changes in order to realign their financial strategy and capital structure. Since establishment‚ HCA has often been used as a measure for the entire proprietary hospital industry. Is it now time for the market to realign their expectations for the industry as a whole? HCA has target goals which need
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PATIENT PROTECTION & AFFORDABLE CARE ACT OF 2010 (P.P.A.C.A.) HCA305: The U.S. Health Care System Instructor Delana Chappell-James January 14‚ 2013 PATIENT PROTECTION & AFFORDABLE CARE ACT OF 2010 (P.P.A.C.A.) Introduction If there is one thing that most Americans are in agreement with‚ it is the vile shape of our U.S. health care system. There is no argument that the U.S. health care system is in need of an overhaul‚ however‚ there is much debate over just how to effectively
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Autism spectrum disorder or ASD is a group of neurodevelopmental disorders which includes Asperger Syndrome‚ Pervasive Developmental Disorder (atypical autism) and classic autism also known Autistic disorder. Several myths surround the disease because of popular shows and movies such as “Rain man”‚ in which actor Dustin Hoffman portrays an adult male named Raymond Babbitt whom is autistic. The film won four Oscars at the 61st Academy Awards in 1989 which included best picture. Because of the spark
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This file of IT 210 Week 3 Discussion Questions consists of: DQ 1: Review the definition of control structure on p. 45 in Extended Prelude to Programming: Concepts and Design (2nd ed.). Then‚ think about the pseudocode algorithm you would write for a simple task (making a peanut butter sandwich‚ for example) as well as three simple control structures that could be used to create this algorithm. What do you think is the most difficult part of creating the algorithm? What can you
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Tutorial 3 1. Are there any goods or services where consumers do not experience diminishing marginal utility? Explain? (4 marks) 2. The table below shows the quantity and total utility obtained from consumption of good X. Fill in the blanks for marginal utility. (4 marks) Quantity | Total Utility | Marginal Utility | 1 | 40 | | 2 | 75 | | 3 | 105 | | 4 | 130 | | 5 | 150 | | (b) If price per unit of X is RM25‚ calculate the quantity of X that will maximise the utility
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