Identify and analyze the challenges you may face in reconciling the concept Bill of Lading and various types of document of title.

Q: What are the responsibilities of an originator?

A: The originator's responsibilities are: Originator communicates with all borrowers of mortgage loans…

Q: What information is each type of document supposed to provide?

A: Answer: There are different types of documents which provide various information.

Q: Explain how materiality affectsaudit reporting decisions.

A: American Institute of Certified Public Accountants (AICPA): AICPA is the organization which supports…

Q: What does the process of providing this information to external users is called? Describe about it…

A: Financial Reporting System:   It refers to monitoring the financial resources of an organization as…

Q: Discuss a case law to explain the above answer

A: Based on the information provided, it is likely that the gains made by Mr. Peter on the sale of the…

Q: Explain how prenumbered documents help to provide indirect access control over assets.

A: Definition: Assets: These are the resources owned and controlled by business and used to produce…

Q: Why is a source document important? List some examples of source documents.

A: Source documents refers to the documents pertaining to a business transaction. It captures the key…

Q: The document which sets out basic rules for how a compay is to run?

A: Every company operating as a limited liabilities corporation, partnership firm, or public company…

Q: What are the relative merits of input from source documents and direct input?

A: Definition: Direct input: The data that are directly inserted into the system from the source data…

Q: Review the full disclosure principle and describe how it is implemented

A: While preparing the financial statements of company, some genera rules & guidelines have to be…

Q: dentify the items from the following list that are likely to serve as soùrce documents. (You may…

A: Source documents: It is the document which is a proof that a transaction has taken place. It is the…

Q: what are used as evidence and the purpose of each type of document

A: Types of documents and purpose of the document as evidence.   1.Physical examination: A physical…

Q: 3 20X4 Other comprehensive income - net actuarial (g) Pension asset (liability) -48 X -48 x

A: Actuarial gain in 20X4 is $48. There were no actuarial gain in 20X3.

Q: Explain the concept of adequate disclosure.

A: Definition: Adequate Disclosures: In accounting, there is a need for adequate disclosures as these…

Q: Describe how options, rights, and warrants are incorporated in the calculation of EPS.

A:

Q: termine ACA and TCSA of the entity? Provide example to explain your answer.​

A: ACA and TCSA-: The capital profit (made in the CGT incident L3) is comparable to the difference…

Q: What major types of items are reported in the retainedearnings statement?

A:

Q: give practical examples.

A: Appropriation account: Appropriation account is a account prepared for the partnership firm and…

Q: COA needs to journalize the appropriation and allotment released by DBM. * true or false?

A: The government uses a different way to report their financial statements than the private sector…

Q: Using the information given, fi ll in the partially completedinventory record shown here.

A: Perpetual Inventory System: A perpetual inventory system is a program that consistently gauges your…

Q: What are the Copies of all approved requisitions?

A: Requisition:-It is a process where one person requests using service or item. A requisition is a…

Q: Critically discuss what is the motivation for securitisation? Please answer in full paragraphs with…

A: Introduction: Securitisation is the process of repackaging and reselling a pool of financial assets…