Auditing & Assurance Services with ACL Software Student CD-ROM
Auditing & Assurance Services with ACL Software Student CD-ROM
6th Edition
ISBN: 9781259197109
Author: Timothy J Louwers, Robert J. Ramsay Professor, David Sinason Associate Professor, Jerry R Strawser, Jay C. Thibodeau Associate Professor
Publisher: McGraw-Hill Education
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Chapter 4, Problem 44MCQ
To determine

Identify the responsibility of an auditor for detecting the noncompliance with any law or regulation.

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Data Table Oftentimes you will receive data that is overly general. Notice in the data table that begins in row 18, daily revenue is provided. However, your analysis calls for monthly and daily aggregation of the revenue data. In columns C and D of the data table, use the techniques you learned above to populate each row with the month and day of the week based on the date in column A. In column E of the data table, note the target dollar value in cell E16. In column E of the data table, create an IF formula that will display TARGET if the revenue in column B is greater than or equal to the target value in E16, or MISS otherwise. Revenue Pivot Table In cell A2 in Pivot worksheet, create a pivot table based on the data table, that aggregates revenue by placing month in the columns and weekdays in the rows. Make sure Vales in the Pivot Table task pane is set to Sum of Revenue. What is the lowest sum of revenue in the pivot table? (Note: Conditional formatting can help!) Lowest revenue…
Can you solve this general accounting problem using appropriate accounting principles?
General accounting
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