Describe a three-way match.

Q: Describe the three steps of the high-low method.

A:

Q: Describe the three different methods to illustrate the Equivalence Calculations?

A: Three different methods that illustrate the Equivalence calculations are shown below: Single…

Q: Define three forms of EMH

A: Following are the three forms of EMH: Weak Form EMH: Recommends estimating all prior knowledge is…

Q: Please see image for question as this is a single, three part question.  A. ? B. ? C. ?

A: A model that helps to evaluate the value of the stock by discounting the dividend earned on the…

Q: Explain whether the characteristics listed in Table 1 can be met simultaneously or else achieving by…

A:

Q: Explain Matching Principles?

A: Matching concept is an accounting principle which explains the need to match revenue with the…

Q: What is Single stage-Two envelopes procedure and Two stage-Two envelopes procedure?

A: When a company wants to auction its product or assets to other party for the purpose of obtaining…

Q: Describe two generic strategies.

A: Strategy: The word strategy may also be regarded as generalship. It may be defined as the…

Q: Which of the two machines should be installed?

A: Probability for installing two machines will be: = Probability×Returns(1+risk free rate)Time

Q: Write two examples of SWOT analysis

A: 2. SWOT analysis for Sedibeng Breweries Strength: Capital stock: A strong capital base has been…

Q: Explain the features of HELOCs that differentiate them from HELs with example?

A: Home equity refers to the difference in the value of the home and the mortgage balance. In HELs and…

Q: How is the Equivalence Calculations performed with CompositeCash Flow Elements?

A: The question is based on the concept of the Equivalence Calculations performed with Composite Cash…

Q: Explain how to link tables in a 1:1 association. Why may this be different in a 1:0,1 association?

A:

Q: What is the owner's draw? Give three examples?

A: Owner’s draw: Person one who withdraws money or goods from his own business for his /her personal…

Q: The matching principle

A: Financial Accounting:   It refers to the process of recording the financial transactions of the…

Q: Define Matching principle

A: Introduction: The matching principle that needs a corporation to match expenditures with connected…

Q: Which of the two alternatives should be selected? Show all calculations.

A: Incremental analysis A technique that helps in taking decisions by a business to find out the…

Q: What are the differences among the three forms of the EMH?

A: EMH refers to efficient market hypothesis.  The differences among the three forms of the EMH are:

Q: Define each of the following terms:f. White knight; proxy fight

A: A white knight is hostile acquisition security by which a 'friendliness' person or business who…

Q: Explain horizontal and vertical analysis and when you would use one over the other.

A: While assessing financial performance of a company, we can\\'t just look at the company\\'s…

Q: as two choices: -

A: An investment wants the best returns for its amount invested through various modes like bank…

Q: Define split-off point.

A: Contribution approach: The contribution approach calculates the net profit by calculating the…

Q: Match

A:

Q: What is a three-way match? Give an example?

A: Three-way Match: The verification of the purchase transaction by the accounts payable department is…

Q: What are the four types of Tiebout competition?

A: Tiebout competition is also known as a hypothesis, Tiebout expenditures (1956). The essence of the…

Q: What is composite of e?

A: Composite unit is defined as the hypothetical measure which combines the products in the sales mix…

Q: what is double entry system ?

A: Double entry system of accounting is based on the accounting equation as follows: ASSETS = EQUITY…

Q: Define two-bin method

A: Inventory: Inventory refers to the stock of goods purchased, utilized and maintained by the company…

Q: What are the three steps of controlling?

A: Introduction: Controlling is referred as terminal management function because it takes place after…

Q: What are the different stages of the Double Entry System?

A: The accounting is a process to identify the business transactions, classify the business…

Q: Define reverse split

A: In order to increase the liquidity firm usually conducts stock splits by way of splitting an…

Q: Explain the process of Equivalence Calculations with Continuous Compounding?

A: Equivalence calculation is that calculation which gives the fix return surety in future in any…

Q: Think of two [ of your ] real life examples about matching principle

A: The question is related to Matching Concept. In matching concept all expenses matched with revenue…

Q: When you have more than two mutually exclusive alternatives, how can they be compared in pairs?

A: Mutually exclusive alternatives are those in which we can select only one out of various…

Q: What is the primary advantage of the multiple-step format?

A: Definition: Multi-step income statement: The income statement represented in multi-steps with…

Q: Explain LIFO method and list three advantages of LIFO method?

A: The inventory in the business can be valued using various methods as LIFO, FIFO and weighted average…

Q: Explain briefly what cross hedging implies. What is the significar

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: What is management by exception? Give three examples?

A: Management by Exception: Management by exception is the process of finding the deviations in the…

Q: Distinguish between the single-rate and the dual-rate methods.

A: Cost Allocation: The process of assigning the cost to the cost object is cost allocation. The cost…

Q: Distinguish between the two general types of subsequent eventsand explain how they differ. Give two…

A: Auditing: Auditing is an independent examination of financial statements. The set of financial…

Q: What is an entity multiple?

A: Entity multiple: It's moreover called the EV multiple, a degree utilized to calculate a firm's…

Q: Briefly discuss the nature of Single entry and double entry system.

A: The double entry system of accounting or bookkeeping means that for each and every business…

Q: Explain the double entry mechanism with an illustrative example.

A: The transactions are recorded in the books of accounts initially in the form of journal entries…

Audit Procedures

Audit Procedures are methods and techniques performed by the auditor to determine the quality of financial information of clients, thereby expressing an opinion on true & fair view of financial statements and entity position. They are identified and applied at the planning stage of audit after determining audit objectives, scope, approach, and risk assessment.