1. Discuss the circumstances in which an auditor would prepare a proof of cash. (6 marks) Auditors would prepare a proof of cash when the client has material internal control weakness in cash. If all cash receipts were deposited and all deposits were recorded in the accounting records‚ all recorded cash disbursements were paid by the bank and all amounts that were paid by the bank were recorded. 2. What should be audited on an interbank transfer schedule? (5 marks) The following should be audited
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As a side note‚ upon researching the molecular weight of sugar‚ I found it to be 342.30 g‚ not 331.23 g‚ however‚ in my calculation I used 15.00 g as the molecular weight of O2‚ whereas online 16.00 g was used. Eight8 g of sugar were placed on the scale‚ and then transferred into the volumetric flask (Table 8 shows the calculations of the molecular weight‚ moles‚ mass‚ volume and molarity recorded before doing so). Distilled water was added to the sugar until a total of 25mL were in the flask. Then
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RPBRL: R P Basmati Rice Mill Limited * RPBRL has been in operations for the last 20 years and known as one of India’s leading manufacturers and exporters. * RPBRL is a Government approved and ISO 9001:2000‚ HACCP Certified Company. * RPBRL is supplying Basmati Rice to clients in Saudi Arabia‚ Kuwait‚ Yemen‚ Bahrain‚ Doha‚ Dubai‚ Cyprus‚ South Africa‚ Switzerland‚ Germany‚ France‚ Mauritius‚ etc. * It have 250 employees in all offices and representatives in 19 countries. * It is
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American Economic Association An Introduction to the Law and Economics of Intellectual Property Author(s): Stanley M. Besen and Leo J. Raskind Reviewed work(s): Source: The Journal of Economic Perspectives‚ Vol. 5‚ No. 1 (Winter‚ 1991)‚ pp. 3-27 Published by: American Economic Association Stable URL: http://www.jstor.org/stable/1942699 . Accessed: 24/11/2011 08:39 Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use‚ available at . http://www.jstor.org/page/info/about/policies/terms
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Process Design Matrix and Summary Design Andreameda Pollock OPS/571 July 15‚ 2014 Professor Mark Bolotte Executive Summary- Services Hair Studio Salons was founded in 2014 and is created so that salon professional can become independent owner. Hair Studio would assist these professional to become their own boss with the hassles of traditional salon ownership. Hair Studio Salons like to have its location in high end areas like downtown area. Hair Studio will provide
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Mopak Corporation performed a search for drugs and guns on the employees and contract workers vehicles with the assistance of a private security company and drug detection dogs. In the search‚ guns were found‚ but not drugs‚ in several vehicles. At the completion of the search‚ five employees along with ten contract workers whose vehicles where the weapons were found were terminated‚ due to the corporation’s belief that the employees violated the company policy. The terminated workers immediately
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attachment and sale of the properties of the judgment-debtor. Since‚ a decree holder does not by virtue of the judgment‚ get a right to the property‚ he cannot get the right by way of filing a suit but by attachment and sale in execution. While through the process of attachment the court informs the world that the property so ordered to be attached is “in its view” and “no existing rights and liabilities should be altered”; through the process of sale of the properties of the judgment-debtor‚ the
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2.2.3 Purposes of Real Property Valuation There are five elements of property value: Production: productivity is the way of enhancing or hindering capacity for valuation Utility: Utility is the ability to arouse desire for its possession or use. Scarcity: The object must be relatively scarce to satisfy the demand. Demand: There must be a need and ability to purchase. Transferability: It must be possible to transfer good title with ease (Donald A. Corb‚ JD and Richard A. Giovangelo‚ 2013-14)
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Leasehold and freehold‚ forms of property ownership Owning a property is a cherished dream for most Zimbabweans. The property purchase process which involves selecting the right location‚ the right property and the right price also involves a critical aspect of selecting the appropriate ownership structure. Property can be owned primarily in two forms‚ leasehold and freehold with several other derivations from these two ownership structures. The main difference between these primary ownership
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Jessica Trinh Essay #1 LBST 301 2 March 2006 Rousseau’s View of Private Property Land and private ownership has been the reason for many wars and debates throughout history. There are various people whom believe that land should be used as private property‚ Rousseau‚ Jefferson‚ and Smith‚ and others whom believe land should only have public use‚ Marx and Engels. Rousseau believes that land should be used for private property and that it is necessary within the social contract to demonstrate the
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