discovery sampling is used to determine a dollar amount of misstatement.

Answers

Answer 1

Sure, I'd be happy to help! Discovery sampling is a technique used by auditors to evaluate a population of transactions or items when they suspect that there may be a higher risk of misstatement. It involves selecting a sample of items from the population and examining them in detail to determine if there are any errors or irregularities. The results of the sample can then be extrapolated to estimate the total amount of misstatement in the population.

So, to answer your question, yes, discovery sampling can be used to determine a dollar amount of misstatement by estimating the total amount of misstatement in the population based on the results of the sample.


Discovery sampling is a statistical method used in auditing to identify the occurrence of rare events or errors, such as determining the dollar amount of misstatements. By examining a sample of transactions, auditors can estimate the frequency and extent of misstatements in the overall population, helping to maintain accuracy and compliance in financial reporting.

To know more about Discovery visit:-

https://brainly.com/question/8562248

#SPJ11


Related Questions

Which of these is NOT a concern for consumers in times of inflation?
a.They cannot anticipate the cost of goods and services.
b.They lose money on their investments and savings.
c.They are at a disadvantage when paying back borrowed money.
d.They struggle when they are on a fixed income.

Answers

Answer: D

Explanation:

equity shareholders are called what ​

Answers

Answer:

owners

Explanation:

Shareholders' equity represents the amount invested by the owners of a company in the business by either retaining earnings over time or by investing money in it. The shareholders' equity is a form of a company's net assets. Equity shareholders are also known as Equity Stockholders.

The equity shareholders of a company are called its owners.

____ reading will increase your focus and concentration, help you understand the reading, and prepare you to study.

Answers

Answer:

Active.

Explanation:

Active reading can be defined as a process which typically involves an individual being focused on his or her study. It is aimed at acquiring knowledge and understanding of a particular subject or topic without distractions.

Hence, active reading will increase your focus and concentration, help you understand the reading, and prepare you to study.

what is the differences and similarities between rental goods services and non goods services

Answers

Answer and Explanation:

Rented-Goods Services are represented by retailom where consumers can own a good, or use a service for a specified time. As an example of this, we can mention hotel rooms, ski clothes, cars, houses, among others.

Nongoods Services are also represented by retail, but it presents personal services, where consumers can try them, judge them and then decide if they want to own them.

What does the term 'user
experience' refer to regarding a
website?
A. the overall ease of navigation and ability to
purchase on a company's website
B. the general experience a customer has when
using a product of a business
C. the customer experience when dealing with
customer service representatives

Answers

Answer:b

Explanation:

Por que se dice que emprender suele ser una decisión muy difícil quien la toma sabe que esta renunciando a la estabilidad que otorga un salario

Answers

Answer:

porque se dice que quiero tomar el siguiente

HELP ME PLEASEE!! ILL GIVE CROWN!!!
which of the following should credit be used for?
A. small things you want
B. large things you need and that you can repay over time.
C. money that you can never afford to repay.
D. purchasing things you want so you dont have to save.

Answers

Answer:

B

Explanation:

Credit should be used for large things that you can't afford at the moment but over time will be able to repay (like bills). You should never purchase things that are too expensive for you to repay (within a year.)

List the type of banking service each consumer would be most likely to use. Explain your answer.

a. A person planning to open a fitness center
b. A musical group
c. wealthy senior citizen
d. A buyer of a van
e. A high school recycling club

Answers

Think the answer is c but I’m not sure if it’s correct
Wealthy senior citizen

Drag the tiles to the correct boxes to complete the pairs.
Match the different types of incomes to their sources.

Answers

Answer:

interest = the amount earned on bonds or savings accounts

capital gains = the profit earned from selling a financial asset

dividend = the amount of money paid to share holders of a company

Explanation:

A capital gain is a financial term that is most often captured on tax returns when money is made above the face value or declared value of an asset or property that is sold.

When an individual 'purchases' a bond or places money into a savings account, that money is held in an "interest" baring account or grows over time. Savings account: A percentage is paid for holding those funds in a savings account based on the amount held. The financial institution where the funds are held, pays the owner a fee for use of said money that it is held. Those funds are called "interest" and are collected by the owner of those funds. A bond is typically purchased at a reduced face value amount. If the bond is held for a stated amount of time, the bond value reaches maturity after that time. Those gains are called interest and are typically captured on a 1099i form for tax purposes.

A dividend is a profit paid to a stockholder or investor of a company/business entity. Typically those funds are paid when a threshold of profits are reached by that company/business entity. Typically a dividend is captured on a 1099d form for tax purposes.

Answer:

interest = the amount earned on bonds or savings accounts

capital gains = the profit earned from selling a financial asset

dividend = the amount of money paid to share holders of a company

Explanation:A capital gain is a financial term that is most often captured on tax returns when money is made above the face value or declared value of an asset or property that is sold.

When an individual 'purchases' a bond or places money into a savings account, that money is held in an "interest" baring account or grows over time. Savings account: A percentage is paid for holding those funds in a savings account based on the amount held. The financial institution where the funds are held, pays the owner a fee for use of said money that it is held. Those funds are called "interest" and are collected by the owner of those funds. A bond is typically purchased at a reduced face value amount. If the bond is held for a stated amount of time, the bond value reaches maturity after that time. Those gains are called interest and are typically captured on a 1099i form for tax purposes.

A dividend is a profit paid to a stockholder or investor of a company/business entity. Typically those funds are paid when a threshold of profits are reached by that company/business entity. Typically a dividend is captured on a 1099d form for tax purposes.

In what type of economy do individuals and firms determine what will be produced?
Mixed
Traditional
Market
Command

Answers

Answer:

market

Explanation:

I think it’s warket hope this helps

​Lilliput's aggregate income in 2015 was ​$48,002,000,500. Suppose the population of Lilliput was 20,100,500 in 2015​, of which 16,086,000 people were employed. ​Therefore, Lilliput's income per capita in 2015 was ​$nothing. ​(Round your answer to two decimal places.​) Suppose the aggregate income of Lilliput was ​$6.5 billion in​ Q1:2016, ​$5.2 billion in​ Q2:2016, ​$5.4 billion in​ Q3:2016, and ​$5.9 billion in​ Q4:2016. Lilliput ▼ suffered didn't suffer from a recession in 2016. ​Lilliput's yearly unemployment rate for 2016 is likely to be ▼ greater thangreater than not significantly different fromnot significantly different from lesser thanlesser than the previous​ year's value.

Answers

Answer: See explanation

Explanation:

1. Lilliput's income per capita in 2015 will be calculated as:

= Income / Population

= $48,002,000,500 / 20,100,500

= $2388

2. Suppose the aggregate income of Lilliput was ​$6.5 billion in​ Q1:2016, ​$5.2 billion in​ Q2:2016, ​$5.4 billion in​ Q3:2016, and ​$5.9 billion in​ Q4:2016. We can say that Lilliput (suffered) from a recession in 2016. This is because there was a fall in the aggregate income from the first quarter which was $6.5 billion to $5.4 billion in the second quarter

3. Lilliput's yearly unemployment rate for 2016 is likely to be (greater than) the previous​ year's value.

A self-employed psychologist treats clients in an office in his own house. What must the psychologist do with his house in order to best serve clients?

build extra rooms for client treatment
keep the house clean and private
buy snack foods for the kitchen
have a large television

Answers

Answer:

keep the house clean and private.

Explanation:

I know someone who does exactly this. Also, by keeping certain parts of the house either exclusively or predominantly for business, he can write that square footage off in taxes.

Answer:

Its B

Explanation:

brief explain difference between moa and aoa ?​

Answers

Answer:

The MOA (Memorandum of Association) describes the powers and objects of the company, the AOA (Article of Association) defines its rules and the AOA (Articles of Association) is subordinate to the memorandum.



When your tire blows out in the middle of a drive, you should

Answers

You should tap the breaks repeatedly and pull over

get out of the car and change it

An oligopoly is a market structure in which a large number of firms dominate the market. T or F

Answers

Answer: F

Explanation:

An oligopoly is a market structure in which a large number of firms dominate the market.

An oligopoly is a market structure in which a large number of firms dominate the market. FALSE.

Which of these is NOTa concern for consumers in times of inflation? a.They cannot anticipate the cost of goods and services. b.They lose money on their investments and savings. c.They are at a disadvantage when paying back borrowed money. d.They struggle when they are on a fixed income.

Answers

Answer:

c.They are at a disadvantage when paying back borrowed money.

Explanation:

In any economics of a country, inflation may be defined as the fall of the value of the money or currency of a country over a period of time. In inflation, the general price level increase and the value of money decreases.

Due to inflation, with each currency unit, less of goods or services can be bought. In inflation, the consumers are not concern about the disadvantage when they pay back the money that they borrowed because the value of the money decreases. Money decreases its value but the demand of goods and services increases in the economy.

How do I find the cash flow coverage ratio?

Answers

Explanation:

There are a few different ways to calculate the cash flow coverage ratio formula, depending on which cash flow amounts are to be included. A general measure of the company’s ability to pay its debts uses operating cash flows and can be calculated as follows:

Cash flow coverage ratio = $80,000,000 / $38,000,000 = 2.105Cash flow coverage ratio = ($64,000,000 + $4,000,000 + $8,000,000) / $38,000,000 = 2

what's the answer? please help, it's overdue​

Answers

Answer: Honestly in my opinion that's a no

Explanation: because that's there imagine without them they wouldn't be able to get that image up and making profit therefore the player should get a cut of the profit that is made.

Sandia Inc. Wants to acquire a $360,000 computer-controlled printing press. If owned, the press would be depreciated on a straight-line basis over 10 years to a book salvage value of $0. The actual cash salvage value is expected to be $25,000 at the end of 10 years. If purchased, Sandia will incur annual maintenance expenses of $3,000. These expenses would not be incurred if the press is leased. If the press is purchased, Sandia could borrow the needed funds at an annual pre-tax interest rate of 10%. The lease rate would be $48,000 per year, payable at the beginning of each year. If Sandia has an after-tax cost of capital of 12% and a marginal tax rate of 40%, what is the net advantage to leasing? a.$65,543 b.$57,173 c.$37,737 d.$60,713

Answers

Answer:

c.$37,737

Explanation:

Present value of Cost of Buying = The Cost of Press + [(Post Tax annual maintenance expenses - Annual Depreciation Tax shield)*PVIFA (6%,10)] - [Post tax Salvage Value*PVIF (12%,10)]

PV of Cost of Buying = 360000 + (3000*(1-40%)-360000/10*40%)*7.360 - 25000*(1-40%) * 0.322

PV of Cost of Buying = $262,434

Present value of Cost of Leasing = Post tax Lease Payment at the Beginning *(1+PVIFA(6%,9))

PV of Cost of Leasing = $48000*(1-40%)*(1+6.802)

PV of Cost of Leasing = $224,697

Net advantage to leasing = PV of Cost of Buying - PV of Cost of Leasing

Net advantage to leasing = $262,434 - $224,697

Net advantage to leasing = $37,737

Matt works part-time and is paid $6.75 per hour. Determine Matt's gross pay (hours worked x hourly rate of pay) for last week when he worked 20.25 hours. Round your answer to the hundredths place.

Answers

Answer:

Matt's gross pay (hours worked x hourly rate of pay) for last week when he worked 20.25 hours is equal to $136.69

Explanation:

Per hour amount paid to Matt = $6.75

Total number of hours worked by Matt = 20.25

To find Gross pay, multiply hours worked and hourly rate of pay.

Therefore,

Matt's gross pay (hours worked × hourly rate of pay) for last week when he worked 20.25 hours [tex]=20.25(6.75)=\$136.6875[/tex] ≈ $136.69

HELP PLEASE!!!
what is the outcome when a person defaults on a home loan?
A. the person goes to jail.
B. the bank will make the person work a second job.
C.the bank will take the person's car.
D.the bank will foreclose on the home.

Answers

Answer:

D.the bank will foreclose on the home.

Explanation:

The bank may even sue and garnish wages and financial accounts. The bank may even serve a conversion of accetts.

The markets for prostitution in Nevada and New Jersey have two important differences: 1) prostitutes in New Jersey face higher costs because of government efforts to prosecute them and 2) customers in New Jersey face higher risks of contracting diseases from prostitutes because the illegal nature of the business makes reliable information about product quality much more costly to obtain. Given these facts, which state would you expect the price of prostitution services to be higher? Why? Which state would have the higher amount of services consumed (adjusted for population differences)? Why? What are the underlying economic issues of this market?

Answers

Answer:

Given these facts, which state would you expect the price of prostitution services to be higher? Why?

Since the risks associated to prostitution are higher in New Jersey, we could assume that the price for these services will be higher there. The supply curve of prostitution shift to the left, increasing the price and decreasing the quantity.

Which state would have the higher amount of services consumed (adjusted for population differences)? Why? What are the underlying economic issues of this market?

Since the price is higher in New Jersey, the quantity demanded will be lower. Also, the risks associated to consuming the service will shift the demand curve to the left, reducing the quantity.

Why would My future job be a flight attendant

Answers

Answer:

if you like to travel and be on planes and get that bag then be a flight attendant :) do what you want to!

Explanation:

What are three elements of negligence?
Actual Harm
Breach of duty
State of mind
Duty of care
Proximate cause
Motive

Answers

Answer:

actual harm

breach of duty

duty to act

What would Jamie Lee's financial liability have been had she waited more than two days to report the debit/ATM card lost or stolen

Answers

Explanation:

If Jamie notifies the bank within 2 days of the lost card , her liability for unauthorized would be $50.

Jamie Lee's as the account holder is financially responsible for any form of transfers or withdrawals that has or will be made from their accounts and until He report the theft, he will be liable to all withdrawals.

What is a Checking Account:

A checking account is known to be a kind of bank account that is often used by people as a deposit account.

The usual amount deposited by them in this account is known to be used for paying bills and other form of purchases.

Base on the fact above, Jamie Lee's would be liable for his financial liability because she had waited for more than two days to report her debit/ATM card lost or stolen and as such any theft that happen within those two days on her account is her fault.

Learn more about  checking account from

https://brainly.com/question/24751568

Facts about the chip category obtained from AC Nielsen are?


syndicated data.



survey data.



questionnaire data.



primary data.



experimental data.

Answers

Answer:

Explanation:

Then what is the question

what percentage of CTE learners enroll in post secondary education?​

Answers

Answer:

10th-grade public school students in 2002 who were CTE concentrators in high school, 72 percent enrolled in postsecondary education by 2006, or two years after their expected year of high school graduation, and 84 percent enrolled by 2012, or eight years after their expected year of high school graduation.

Answer:

75% – Percentage of high school students concentrating in a CTE discipline who pursue post-secondary education 43% – Percentage of young workers holding a CTE-related license or certificate who earn more than those holding an associate degree

Explanation:

All of these statements apply to effective decision makers except:

A. They take risks based on intuition and gut feelings
B. They are flexible and resourceful
C. They rely on personal ‘scripts’ that help them manage how to act and react
D. They recognize that the same solution may not apply to similar situations

Answers

Except for A because that’s just what makes sense

What careers are in the Information Support and Services career pathway of the IT career cluster? (15 points for you)

Question 1 options:

graphic artists, painters, artists


broadcasters, journalists, writers


help desk specialists, PC support specialists

Answers

I think it’s “help desk specialists, PC support specialists”

The risk-reward relationship says:

Answers

im not understanding this question.. can you reword it?
Other Questions
brownish-orange and red colors in subsurface horizons are caused by ___________ in the soil. The planets closest to the Sun and found between the Sun and the asteroid belt are Mercury, Venus, Earth and Mars. These planets are known as the __________ planets. Inner planets are also sometimes called the Terrestrial planets The biceps are concentrically contracting with a force of 900N at a perpendicular distance of 3cm from the elbow joint. How much torque is being created by the biceps?O 27Nm flexion torqueO 2700Nm flexion torqueO Beach season coming up...time for those curls!O 270Nm flexion torqueO 27Nm extension torque a full-length play, historically speaking, lasts _____. a. less than one hour b. between one and two hours c. between two and three hours d. between three and four hours Presidents Kennedy and Reagan reduced marginal tax rates to promote work and business risk taking.TrueFalse Properties of Matter Unit Test1 of 121 of 12 ItemsQuestionA scientist adds iodine as an indicator to an unknown substance. What will this indicator reveal about the substance?(1 point)the presence of glucosethe presence of glucosethe presence of lipids or fatthe presence of lipids or fatthe presence of baking powderthe presence of baking powderthe presence of starchthe presence of starch a website whose content is created and edited by the ongoing collaboration of end users is known as Need help with implementation of the struct and the three functions.Part I: Thread-Safe, Unbounded Priority Queue TypeThe first part of the assignment is to implement a thread-safe, unbounded priority queue. "Unbounded" means that instances of the queue does not have a fixed capacity: any number of items can be inserted without removing an item. This means you will have to use dynamic memory allocation to grow and shrink the queue as items are inserted and removed."Items" can be anything - they are represented by a pointer. It is up to the client (i.e., the code using the implementation) to ensure that the void * that is returned is cast to the actual type. Note that, unless everything placed into the queue is of the same type, there is no way for the client code to know what to cast the void *pointer returned by pq_next() to. So the best thing is for each instance of pq_t to be used to store only one type of item.You will define a type:typedef struct { /* your code here */ } pq_t;You will also define three functions:pq_t *pq_create(void) { /* your code here */ } Creates and initializes a priority queue instance and returns a pointer to it. Returns NULL on error (e.g., OS out of memory - should never happen). This includes creating and initializing thevoid pq_insert(pq_t *q, void *item, short prio) { /* your code here */ } insert the given item into the given queue at the given priority. This operation never blocks. If item A has priority x, and item B has priority y, and x > y, then item A will be returned before item B. Negative priorities are allowed.void *pq_next(pq_t *q) { /* your code here */ } Returns the item in the given queue that was inserted with the highest priority. If there is more than one item with the same priority, returns the oldest one. If the queue is empty, this operation blocks until an item is inserted.You may implement the queue abstraction any way you want, but you must use pthread_mutex_t and pthread_cond_t to synchronize access to your data structure, since it will be used by multiple threads at the same time. (In particular, your definition of pq_t must include at least one variable of type pthread_mutex_t and one of type pthread_cond_t.) You will also need to use malloc() and free() to dynamically adjust the size of the data structure. (Note: using pthreads' mutex and condition variable is probably the simplest way to implement this.) when trasnational advocacy network endorse international agreements they are engaging in which type of effect that they can have on international politics? in a sociological context, how is a persons individual identity determined? PLEASE BE QUICK ON TIME LIMIT!!!!!Consider the line y =4x 1.Find the equation of the line that is parallel to this line and passes through the point (-3, -6).Find the equation of the line that is perpendicular to this line and passes through the point (-3,-6)Equation of parallel line:?Equation of perpendicular line:? boys begin to outperform girls on many types of visualspatial tasks starting at age eight or nine, and the difference persists into adulthood. T/F exception handling refers to the logical group of dml actions that is affected by a transaction control statement. T/F ? 1. 7 Read the extract below and answer the questions that follow. Not all coping skills are created equal. Sometimes, it's tempting to engage instrategies that will give quick relief but might create bigger problems for you down the road. It's important to establish healthy coping skills that will help you reduce your emotional distress or rid yourself of the stressful situationsyou face1. 7. 1 Based on the statement above, identify two positive coping strategies that couldenhance long term reliance and well-being(2x 1=2) Which of the following is LEAST accurate?Group of answer choicesIgM is mainly found in bloodDimeric IgA is transcytosed to mucosal epithelial surfacesIgG is transported across the placenta and into the baby's bloodstreamIgM is not effective at neutralizing viruses due to its low antigen affinityIgE efficiently activates Mast cells Use Lagrange multipliers to find any extrema of the function subject to the constraint x2 + y2 ? 1. f(x, y) = e?xy/4 the earliest recognizable stone tools are approximately ___________________ years old. (a) How many turns of an helix are required to span a lipid bilayer (-30 across)? (b) What is the minimum number of residues required? (c) Why do most transmembrane helices contain more than the minimum number of residues?The number of turns of -helix required to span the lipid bilayer is approximately 30 is 5.6.The number of minimum residues formed during the single span of the lipid bilayer is 20 residues.The extra residues in the transmembrane form a helix, which partially meets the hydrogen bonding requirements. Consider a particle in a box with rigid walls at x=0 and x=L. Let the particle be in the ground level. Part A Calculate the probability ||2dx that the particle will be found in the interval x to x+dx for x=L/4 (Express your answer in terms of the variables dx and L.) Part B Calculate the probability ||2dx that the particle will be found in the interval x to x+dx for x=L/2. (Express your answer in terms of the variables dx and L.) Part C Calculate the probability ||2dx that the particle will be found in the interval x to x+dx for x=3L/4. (Express your answer in terms of the variables dx and L.) Given 1=275,000, S = 40,000 N = 5 i = 16%Calculate the Capital Recovery amountO a. none of the aboveO b. 55,000O c. 78,171O d. 93,509