EBK AUDITING AND ASSURANCE SERVICES
EBK AUDITING AND ASSURANCE SERVICES
16th Edition
ISBN: 9780134067117
Author: Hogan
Publisher: VST
Question
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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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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
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