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Controls and Substantive Testing Inherent risk is associated with the unique characteristics of the business or industry of the client. Firms in declining industries are considered to have more inherent risk than firms in stable or thriving industries. Inherent risk will not be reduced by internal control. Control risk is the likelihood that the control … Read more

Computers. clients and servers question What is the difference between a client and a server? Explain the functions of client and server computers. How do the hardware requirements differ? How do they each support business goals? Cite specific examples.         ……………..Answer Preview……………. In computing both client and server refer to computers that … Read more

Decision Making with Managerial Accounting Due to varying business characteristics, the managerial accounting techniques applied in each business may differ.  For example, a business in the start-up phase may rely heavily upon budgeting and capital investment techniques; whereas, a business in the mature/maintaining phase may rely heavily upon cost management and quality control. Ultimately, the … Read more

UMUC Haircuts Case Study Referring to the UMUC Haircuts Case Study, Myra, the owner, has asked you if outsourcing some of the functions/processes would benefit her business.  Identify which function(s) you would recommend she outsource and explain why they would be appropriate for outsourcing.  List three competitive advantages Myra could get by outsourcing and three … Read more

Ashford ECO 406: Week 3 – Assignment Due by Day 7. Monetary Policy and Macroeconomy. In a two- to three-page paper (not including title and references pages), answer the question “How does monetary policy affect the macroeconomy?” In your answer, include the following: • Explain the fundamentals behind why changes in the money supply have … Read more