
Auditing and Assurance Services (16th Edition)
16th Edition
ISBN: 9780134065823
Author: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan
Publisher: PEARSON
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Question
Chapter 20, Problem 20DQP
a.
To determine
State whether each of the procedures is primarily a test of control or a substantive test of transactions.
b.
To determine
Find out the transactions-related audit objective of each of the procedures.
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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 20 Solutions
Auditing and Assurance Services (16th Edition)
Ch. 20 - Prob. 1RQCh. 20 - Prob. 2RQCh. 20 - Distinguish among a payroll master file, a W-2...Ch. 20 - Prob. 4RQCh. 20 - Prob. 5RQCh. 20 - Prob. 6RQCh. 20 - Prob. 7RQCh. 20 - Prob. 8RQCh. 20 - Prob. 9RQCh. 20 - Prob. 10RQ
Ch. 20 - Prob. 11RQCh. 20 - Prob. 12RQCh. 20 - Prob. 13RQCh. 20 - Prob. 14RQCh. 20 - Prob. 15RQCh. 20 - Prob. 16.1MCQCh. 20 - Prob. 16.2MCQCh. 20 - Prob. 16.3MCQCh. 20 - Prob. 17.1MCQCh. 20 - Prob. 17.2MCQCh. 20 - Prob. 17.3MCQCh. 20 - Prob. 18.1MCQCh. 20 - Prob. 18.2MCQCh. 20 - Prob. 18.3MCQCh. 20 - Prob. 19DQPCh. 20 - Prob. 20DQPCh. 20 - Prob. 21DQPCh. 20 - Prob. 22DQPCh. 20 - Prob. 23DQPCh. 20 - Prob. 24DQPCh. 20 - Prob. 25DQPCh. 20 - The following are various asset misappropriations...Ch. 20 - Archer Uniforms, Inc., is a distributor of...Ch. 20 - Prob. 28DQPCh. 20 - Prob. 29C
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