ACP AUDITING - RISK BASED APPROACH
10th Edition
ISBN: 9780357195079
Author: JOHNSTONE
Publisher: CENGAGE C
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Which one of the following factors would cause the gross profit % to rise?
A. Increasing sales
B. Increasing costs
C. Increased competition
D. Increased supplier discounts
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Subject: Accounting problem
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- Answer me pleasearrow_forwardGive me true answer this general accounting questionarrow_forwardMicrosoft or Tableau Using the skills you have gained throughout this text, use Microsoft Power BI or Tableau Desktop to complete the generic tasks presented below: Build a new dashboard (Tableau) or page (Power BI) called Financial that includes the following: Create a new workbook, connect to 10-1 O2C Data.xlsx, and import all seven tables. Double-check the data model to ensure relationships are correctly defined as shown in Exhibit 10-1. Add a table to your worksheet or page called Sales and Receivables that shows the invoice month in each row and the invoice amount, receipt amount, adjustment amount, AR balance, and write-off percentage in the columns. Tableau Hint: Use Measure Names in the columns and Measure Values in the marks to create your table. Then once your table is complete, use Analytics > Summarize > Totals to calculate column totals. You will need to create a new measure or calculated field showing the account AR Balance, or the total invoice amount minus…arrow_forward
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