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提问人:网友fandh88 发布时间:2022-01-07
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1. Is the following statement regarding tests of control true or false? Tests of control are designed to detect material misstatements in the financial statements.

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第1题
??Questions 6 to 10 are based on the following passage:In cities with rent control,the cit
??Questions 6 to 10 are based on the following passage:

In cities with rent control,the city government sets the maximum(最高的)rent that a landlord can charge for an apartment. Supporters of rent control argue that it protects people who are living in apartments. The irrent cannot increase; therefore, they are not in danger of losing their homes. However, the critics say that after along time, rent control may have negative(负面的)effects. Landlords know that they cannot increase their profits. Therefore, they invest in other businesses where they can increase their profits. They do not invest in new buildings which would also berent-controlled. As a result, new apartments are not built. Many people who need apartments cannot find any. According to the critics, the end resul to frent control is a short age of apartments in the city.

Some theorists argue that the minimum(最低的) wage law can cause problems in the same way. The federal government sets the minimum that an employer must pay workers. The minimum helps people who generally look for unskilled, low-paying jobs. However, if the minimum is high, employers may hire fewer workers. They will replace workers with machinery. The price, which is the wage that employers must pay, increases. Therefore, other things being equal, the number of workers that employers want decreases. Thus, critics claim that an increase in the minimum wage may cause unemployment. Some poor people may find themselves without jobs instead of with jobs at the minimum wage.

Supporters of the minimum wage say that it helps people keep their dignity(尊严)Because of the law, workers cannot sell their services for less than the minimum. Further more, employers cannot force workers to accept jobs at unfair wages. Economic theory predicts there sults of economic decisions such as decisions about farm production, rent control,and the minimum wage. The predictions may be correctonly if “other things are equal”. Economists do not agree on some of the predictions. They also do not agree on the value of different decisions. Some economists support a particular decision while others criticize it. Economists do agree, however, that there are no simple answers to economic questions.

There is the possibility that setting maximum rent may____.

??A.cause a shortage of apartments

B.worry those who rent apartments as homes

C.increase the profits of landlords

D.encourage landlords to invest in building apartments

According to the critics, rent control _________.A.will always benefit those who rent apartments

B.is unnecessary

C.will bring negative effects in the long run

D.is necessary under all circumstances

The problem of unemployment will arise .

A.if the minimum wage is set too high

B.if the maximum wage is set too low

C.if the workers are unskilled

D.if the maximum wage is set

The passage tells us ________.A.the relationship between supply and demand

B.the possible results of government controls

C.the necessity of government control

D.the urgency of getting rid of government controls

Which of the following statements is NOT true?

A.The results of economic decisions cannot always be predicted.

B.Minimum wage cannot always protect employees.

C.Economic theory may predict the results of economic decisions if other factors are not changing.

D.Economic decisions should not be based on economic theory.

请帮忙给出每个问题的正确答案和分析,谢谢!

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第2题
Which thesis statement below is less effective ?

A、New employees must go through four training sessions before they start to work.

B、You can acquire a competitive spirit by practicing five personality traits.

C、In this essay I want to discuss what the government should do to help homeless children.

D、Preparing for a PowerPoint presentation can really be quite easy.

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第3题
【单选题】Which of the following can be described as involving indirect finance?

A、You make a loan to your neighbor.

B、You buy a U.S. Treasury bill from the bank.

C、You buy a U.S. Treasury bill from the U.S. Treasury.

D、A corporation buys a short-term security issued by another corporation.

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第4题
Is the following statement regarding internal control questionnaires true or false? Internal control questionnaires are used to determine whether there are controls which prevent or detect specified errors or omissions.
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第5题
请对观察企业的重大错报风险进行评估,并提出总体应对程序或方法。
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第6题
Is the following statement regarding the auditor's responsibility to report deficiencies in internal controls true or false? All deficiencies in internal controls which the auditor judges should be reported to management must be reported in writing.
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第7题

Cannavaro.com is a website design company whose year-end was 31 December 20X4. The audit is almost complete and the financial statements are due to be signed shortly. Profit before tax for the year is $3.8 million and revenue is $11.2 million. The company has only required an audit for the last two years and the board of directors has asked your firm to provide more detail in relation to the form and content of the auditor’s report. During the audit it has come to light that a key customer, Pirlo Co, with a receivables balance at the year-end of $285,000, has just notified Cannavaro.com that they are experiencing cash flow difficulties and so are unable to make any payments for the foreseeable future. The finance director has notified the audit team that he will write this balance off as an irrecoverable debt in the 20X5 financial statements. The audit assistant assigned to the audit of Cannavaro.com wants a better understanding of the effect subsequent events have on the audit and has made the following statements: (1) All material subsequent events require the numbers in the financial statements to be adjusted (2) A non-adjusting event is a subsequent event for which NO amendments to the current year financial statements are required (3) The auditor’s responsibilities for subsequent events which occur prior to the audit report being signed are different from their responsibilities after the audit report has been issued (4) The auditor should request a written representation confirming that all relevant subsequent events have been disclosed Which of the statements above in relation to subsequent events are true?

A、1 and 3

B、2, 3 and 4

C、1, 2 and 4

D、3 and 4

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第8题
The auditor must satisfy themselves that the use of the going concern basis in FS is appropriate.
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第9题

Cannavaro.com is a website design company whose year-end was 31 December 20X4. The audit is almost complete and the financial statements are due to be signed shortly. Profit before tax for the year is $3.8 million and revenue is $11.2 million. The company has only required an audit for the last two years and the board of directors has asked your firm to provide more detail in relation to the form and content of the auditor's report. During the audit it has come to light that a key customer, Pirlo Co, with a receivables balance at the year-end of $285,000, has just notified Cannavaro.com that they are experiencing cash flow difficulties and so are unable to make any payments for the foreseeable future. The finance director has notified the audit team that he will write this balance off as an irrecoverable debt in the 20X5 financial statements. The audit engagement partner has asked you to make an initial assessment of the materiality of the issue with the outstanding receivables balance with Pirlo Co and to consider the overall impact on the financial statements. Which of the following correctly summarises the effect of the outstanding balance with Pirlo Co?

A、Material Financial statement impact No Revenue is overstated

B、Material Financial statement impact No Gross profit is understated

C、Material Financial statement impact Yes Profit is overstated

D、Material Financial statement impact Yes Going concern principle is in doubt

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第10题
In evaluating whether the FS give a true and fair view, auditors shall assess the materiality of uncorrected misstatements.
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