
Auditing and Assurance Services, Student Value Edition (16th Edition)
16th Edition
ISBN: 9780134075754
Author: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan
Publisher: PEARSON
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Chapter 12, Problem 23DQP
To determine
Evaluate the given internal control independently, and state the controls which must be tested in the current years’ audit of December 31, 2016.
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Students have asked these similar questions
What would be the net income effect?
None
Current Year
Data below are from recent annual reports for Samsung, Apple, and Google.
Apple
Current Year
Samsung
Prior Year
Total revenue
Total employees
$ 197,690,938,000
$ 209,163,262,000
$ 260,174,000,000
98,753
101,546
137,000
Required:
Google
Current Year
$ 161,857,000,000
118,899
1. Compute revenue per employee for Samsung for the current year and the prior year.
2. Using revenue per employee, did Samsung's workforce become more effective in generating revenues in the current year
versus the prior year?
3. Which company, Apple, Google, or Samsung, was most effective at generating revenue in the current year based on revenue per
employee?
Complete this question by entering your answers in the tabs below.
Required 1
Required 2
Required 3
Compute revenue per employee for Samsung for the current year and the prior year.
Total revenue
Number of employees
Revenue per employee
Samsung, Current Year
Samsung, Prior Year
Chapter 12 Solutions
Auditing and Assurance Services, Student Value Edition (16th Edition)
Ch. 12 - Prob. 1RQCh. 12 - Prob. 2RQCh. 12 - Prob. 3RQCh. 12 - Describe how the nature of evidence used to...Ch. 12 - Prob. 5RQCh. 12 - Prob. 6RQCh. 12 - Prob. 7RQCh. 12 - Prob. 8RQCh. 12 - Prob. 9RQCh. 12 - Prob. 10RQ
Ch. 12 - Prob. 11RQCh. 12 - Prob. 12RQCh. 12 - Prob. 13RQCh. 12 - Prob. 14RQCh. 12 - Prob. 15RQCh. 12 - Prob. 16.1MCQCh. 12 - Prob. 16.2MCQCh. 12 - Prob. 16.3MCQCh. 12 - Prob. 17.1MCQCh. 12 - Prob. 17.2MCQCh. 12 - Prob. 17.3MCQCh. 12 - Prob. 18.1MCQCh. 12 - Prob. 18.2MCQCh. 12 - Prob. 18.3MCQCh. 12 - Prob. 19.1MCQCh. 12 - Prob. 19.2MCQCh. 12 - Prob. 19.3MCQCh. 12 - Prob. 20DQPCh. 12 - Prob. 21DQPCh. 12 - Prob. 22DQPCh. 12 - Prob. 23DQPCh. 12 - Prob. 24DQPCh. 12 - Prob. 25DQPCh. 12 - Prob. 26DQPCh. 12 - Prob. 27DQPCh. 12 - A CPAs client, Boos Baumkirchner, Inc., is a...Ch. 12 - Prob. 29DQPCh. 12 - Prob. 30DQPCh. 12 - Based on a cost-benefit analysis, management at...Ch. 12 - Prob. 32DQP
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