AUDITING & ASSURANCE SERV.>CUSTOM<W/AC
AUDITING & ASSURANCE SERV.>CUSTOM<W/AC
8th Edition
ISBN: 9781266045905
Author: LOUWERS
Publisher: MCG CUSTOM
Question
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Chapter D, Problem 59EP

a.

To determine

List the benefits obtained from the internal audit services provided by CPA.

b.

To determine

List the benefits obtained from the in-house internal audit department.

c.

To determine

List the concerns raised from the internal audit services provided by CPA.

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D-Mart reported a net income of $19,500 for the previous year. At the beginning of the year, the company had $300,000 in assets. By the end of the year, assets had increased by $100,000. Calculate the return on assets.
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