Which entity oversees and regulates Florida's financial entities including state-chartered banks and securities industry participants?

Which entity oversees and regulates Florida's financial entities including state-chartered banks and securities industry participants?
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The auditor's understanding of the entity and its environment consists an understanding of the following aspects: a. Industry, regulatory and other external factors, including the applicable financial reporting framework b. Nature of the entity, including the entity's selection and application of accounting policies c. Objectives and strategies and the related business risks that may result in a material misstatement of the financial statements d. All of these.

Description : The auditor's understanding of the entity and its environment consists an understanding of the following aspects: a. Industry, regulatory and other external factors, including the applicable financial reporting ... may result in a material misstatement of the financial statements d. All of these.

Last Answer : All of these.

The auditor's understanding of the entity and its environment consists of an understanding of the following aspects except a. Industry, regulatory, and other external factors, including the applicable financial reporting framework. b. Nature of the entity, including the entity's selection and application of accounting policies. c. Measurement and review of the entity's financial performance. d. Entity's selection and screening process of marketing and production personnel.

Description : The auditor's understanding of the entity and its environment consists of an understanding of the following aspects except a. Industry, regulatory, and other external factors, including the ... financial performance. d. Entity's selection and screening process of marketing and production personnel.

Last Answer : Entity's selection and screening process of marketing and production personnel.

Open Market Operations refer to (1) Borrowings by Scheduled banks from RBI (2) Lending by Commercial banks to industry (3) Purchase and sale of Government securities by RBI (4) Deposit mobilization

Description : Open Market Operations refer to (1) Borrowings by Scheduled banks from RBI (2) Lending by Commercial banks to industry (3) Purchase and sale of Government securities by RBI (4) Deposit mobilization

Last Answer : (3) Purchase and sale of Government securities by RBI Explanation: Open Market Operation (OMO) refers to the buying and selling of government securities in the open market in order to expand or ... in the banking system. A central bank uses OMO as the primary means of implementing monetary policy.

Open Market Operations refer to __________ . (1) Borrowings by Scheduled banks from RBI (2) Lending by Commercial banks to industry (3) Purchase and sale of Government securities by RBI (4) Deposit mobilisation

Description : Open Market Operations refer to __________ . (1) Borrowings by Scheduled banks from RBI (2) Lending by Commercial banks to industry (3) Purchase and sale of Government securities by RBI (4) Deposit mobilisation

Last Answer : Purchase and sale of Government securities by RBI

In mapping of ERD to DFD a) entities in ERD should correspond to an existing entity/store in DFD b) entity in DFD is converted to attributes of an entity in ERD c) relations in ERD has 1 to 1 correspondence to processes in DFD d) relationships in ERD has 1 to 1 correspondence to flows in DFD

Description : In mapping of ERD to DFD a) entities in ERD should correspond to an existing entity/store in DFD b) entity in DFD is converted to attributes of an entity in ERD c) relations in ERD has 1 to 1 correspondence to processes in DFD d) relationships in ERD has 1 to 1 correspondence to flows in DFD

Last Answer : a) entities in ERD should correspond to an existing entity/store in DFD

A ………………. Does not have a distinguishing attribute if its own and mostly are dependent entities, which are part of some another entity. A) Weak entity B) Strong entity C) Non attributes entity D) Dependent entity

Description : A ………………. Does not have a distinguishing attribute if its own and mostly are dependent entities, which are part of some another entity. A) Weak entity B) Strong entity C) Non attributes entity D) Dependent entity

Last Answer : A) Weak entity

Which of the following statements is FALSE about weak entity set ? (A) Weak entities can be deleted automatically when their strong entity is deleted. (B) Weak entity set avoids the data duplication and consequent possible inconsistencies caused by duplicating the key of the strong entity. (C) A weak entity set has no primary keys unless attributes of the strong entity set on which it depends are included. (D) Tuples in a weak entity set are not partitioned according to their relationship with tuples in a strong entity set.

Description : Which of the following statements is FALSE about weak entity set ? (A) Weak entities can be deleted automatically when their strong entity is deleted. (B) Weak entity set avoids the data ... weak entity set are not partitioned according to their relationship with tuples in a strong entity set.

Last Answer : (D) Tuples in a weak entity set are not partitioned according to their relationship with tuples in a strong entity set.

Which of the following is least likely considered a financial statement audit risk factor? a. Management operating and financing decisions are dominated by top management. b. A new client with no prior audit history. c. Rate of change in the entity's industry is rapid. Profitability of the entity relative to its industry is inconsistent.d

Description : Which of the following is least likely considered a financial statement audit risk factor? a. Management operating and financing decisions are dominated by top management. b. A new client with no ... entity's industry is rapid d. Profitability of the entity relative to its industry is inconsistent.

Last Answer : Management operating and financing decisions are dominated by top management.

An auditor who accepts an audit engagement and does not possess the industry expertise of the business entity, should a. Engage financial experts familiar with the nature of the business entity. b. Obtain a knowledge of matters that relates to the nature of the entity's business. c. Refer a substantial portion of the audit to another CPA who will act as the principal auditor. d. First inform management that an unqualified opinion cannot be issued

Description : An auditor who accepts an audit engagement and does not possess the industry expertise of the business entity, should a. Engage financial experts familiar with the nature of the business entity. ... as the principal auditor. d. First inform management that an unqualified opinion cannot be issued

Last Answer : Obtain a knowledge of matters that relates to the nature of the entity's business.

An auditor who accepts an audit engagement and does not possess the industry expertise of the business entity, should a. Engage, financial experts familiar with the nature of the business entity. b. Obtain a knowledge of matters that relates to the nature of the entity's business. c. Refer a substantial portion of the audit to another cpa who will act as the principal auditor. d. First inform management that an unqualified opinion cannot be issued

Description : An auditor who accepts an audit engagement and does not possess the industry expertise of the business entity, should a. Engage, financial experts familiar with the nature of the business entity. ... as the principal auditor. d. First inform management that an unqualified opinion cannot be issued

Last Answer : Obtain a knowledge of matters that relates to the nature of the entity's business.

To become BBPOUs, Banks and non-bank entities are mandatorily required to apply for approval / authorisation to Reserve Bank of India under ________ A. Payment and Settlement Systems (PSS) Act 2007. B. Foreign Exchange Management Act, 1999 C. Banking Regulation Act, 1949 D. SARFAESI Act, 2002 E. None of the Above

Description : To become BBPOUs, Banks and non-bank entities are mandatorily required to apply for approval / authorisation to Reserve Bank of India under ________ A. Payment and Settlement Systems (PSS) Act 2007. B. Foreign ... Act, 1999 C. Banking Regulation Act, 1949 D. SARFAESI Act, 2002 E. None of the Above

Last Answer : A. Payment and Settlement Systems (PSS) Act 2007. Explanation: To become BBPOUs, Banks and non-bank entities are mandatorily required to apply for approval / authorisation to Reserve Bank of ... PSS) Act 2007. Bharat Bill Payment Operating Units (BBPOUs) will be the authorised operational units.

Reserve Bank of India gave “in-principle” licences to _______ entities to launch payments banks. A. 10 B. 11 C. 12 D. 13 E. None of the Above

Description : Reserve Bank of India gave “in-principle” licences to _______ entities to launch payments banks. A. 10 B. 11 C. 12 D. 13 E. None of the Above

Last Answer : B. 11 Explanation: Reserve Bank of India gave -in-principle licences to 11 entities to launch payments banks. They are:- Aditya Birla Nuvo Airtel M Commerce Services Cholamandalam ... Reliance Industries Dilip Shanghvi, Sun Pharmaceuticals Vijay Shekhar Sharma, Paytm Tech Mahindra Vodafone M-Pesa.

Reserve Bank of India gave provisional licences to _______ entities to launch small finance banks. A. 10 B. 11 C. 12 D. 13 E. None of the Above

Description : Reserve Bank of India gave provisional licences to _______ entities to launch small finance banks. A. 10 B. 11 C. 12 D. 13 E. None of the Above

Last Answer : A. 10 Explanation: Reserve Bank of India gave provisional licences to 10 entities out of 72 applicants to launch small finance banks. The selected applicants are: Au Financiers (Jaipur), ... Micro Finance (Navi Mumbai), Ujjivan Financial Services (Bengaluru) and Utkarsh Micro Finance (Varanasi).

Which Stock Exchange was the first to introduce a transparent, screen-based trading system in the wholesale debt market including govt. securities in 1994 ? (A) Bombay Stock Exchange (B) Delhi Stock Exchange (C) National Stock Exchange (D) Jaipur Stock Exchange

Description : Which Stock Exchange was the first to introduce a transparent, screen-based trading system in the wholesale debt market including govt. securities in 1994 ? (A) Bombay Stock Exchange (B) Delhi Stock Exchange (C) National Stock Exchange (D) Jaipur Stock Exchange

Last Answer : Answer: National Stock Exchange

Which of the following is most likely to be considered a risk factor relating to fraudulent financial reporting? a. Low turnover of senior management. b. Extreme degree of competition within the industry. c. Capital structure including various operating subsidiaries. d. Sales goals in excess of any of the preceding three years

Description : Which of the following is most likely to be considered a risk factor relating to fraudulent financial reporting? a. Low turnover of senior management. b. Extreme degree of competition within the ... various operating subsidiaries. d. Sales goals in excess of any of the preceding three years

Last Answer : Extreme degree of competition within the industry.

PSA 315 requires that the auditor should obtain an understanding' of relevant industry, regulatory and other external factors including the applicable financial reporting framework. Which of the following is not an example of matters relating to regulatory environment that the auditor would usually consider? a. Regulatory framework for a regulated industry. b. Product technology relating to the entity's product. c. Legislation and regulation significantly affecting the entity's operationd. Taxation

Description : PSA 315 requires that the auditor should obtain an understanding' of relevant industry, regulatory and other external factors including the applicable financial reporting framework. Which of the ... product. c. Legislation and regulation significantly affecting the entity's operation d. Taxation

Last Answer : Product technology relating to the entity's product

PSA 315 requires that the auditor should obtain an understanding of relevant industry, regulatory and other external factors including the applicable financial reporting framework. Which of the following is not among the items that relate to industry conditions? a. Energy, supply and cost b. Inflation and currency revaluation c. Market and competition d. Cyclical or seasonal activity

Description : PSA 315 requires that the auditor should obtain an understanding of relevant industry, regulatory and other external factors including the applicable financial reporting framework. Which of the ... Inflation and currency revaluation c. Market and competition d. Cyclical or seasonal activity

Last Answer : Inflation and currency revaluation

the fed regulates banks but has little authority over bank holding companies. -General Knowledge

Description : the fed regulates banks but has little authority over bank holding companies. -General Knowledge

Last Answer : The Fed regulates banks but has little authority over bank holding companies. False.

In the planning stage of an audit engagement, the auditor is required to perform audit procedures to obtain an understanding of the entity and its environment, including its internal control. These procedures are called a. Substantive tests b. Tests of controls c. Risk assessment procedures d. Dual-purpose tests

Description : In the planning stage of an audit engagement, the auditor is required to perform audit procedures to obtain an understanding of the entity and its environment, including its internal control. These ... a. Substantive tests b. Tests of controls c. Risk assessment procedures d. Dual-purpose tests

Last Answer : Risk assessment procedures

Which one of the following statements is false ? (A) The Open Market Operations involve the sale or purchase of govt. securities by the Central Bank (B) The RBI manages longterm liquidity through rapos (C) The RBI manages longterm liquidity through Open Market Operations (D) Open Market Operations do not alter the total stock of govt. securities but change the proportion of govt. securities held by the RBI, Commercial Banks and Co-operative Banks

Description : Which one of the following statements is false ? (A) The Open Market Operations involve the sale or purchase of govt. securities by the Central Bank (B) The RBI manages longterm liquidity through ... change the proportion of govt. securities held by the RBI, Commercial Banks and Co-operative Banks

Last Answer : Answer: The RBI manages longterm liquidity through rapos

Which of the following apex body and regulators has asked banks to swap customer related information so that the frauds and defaults may be prevented in future? (A) Bombay Stock Exchange (BSE) (B) Indian Banks Association (IBA) (C) Securities Exchange Board of India (SEBI) (D) Reserve Bank of India (RBI)

Description : Which of the following apex body and regulators has asked banks to swap customer related information so that the frauds and defaults may be prevented in future? (A) Bombay Stock Exchange (BSE) (B) Indian Banks ... (IBA) (C) Securities Exchange Board of India (SEBI) (D) Reserve Bank of India (RBI)

Last Answer : Answer: Reserve Bank of India (RBI)

Commercial banks create credit - (1) on the basis of their securities (2) on the basis of their assets (3) on the basis of their reserve fund (4) on the basis of their deposits

Description : Commercial banks create credit - (1) on the basis of their securities (2) on the basis of their assets (3) on the basis of their reserve fund (4) on the basis of their deposits

Last Answer : (4) on the basis of their deposits Explanation: Commercial banks create credit on the basis of their deposits. Credit creation is the multiple expansions of banks demand deposits. Whenever, ... will depend on the primary deposits and also on the amounts of minimum legal resource requirement.

The RBI can decrease the money supply in the market by: a) selling government securities b) buying government securities c) borrowing money from commercial banks d) none of the above

Description : The RBI can decrease the money supply in the market by: a) selling government securities b) buying government securities c) borrowing money from commercial banks d) none of the above

Last Answer : a) selling government securities

Commercial banks create credit (1) on the basis of their securities (2) on the basis of their assets (3) on the basis of their reserve fund (4) on the basis of their deposits

Description : Commercial banks create credit (1) on the basis of their securities (2) on the basis of their assets (3) on the basis of their reserve fund (4) on the basis of their deposits

Last Answer :  on the basis of their deposits

Long-term debt securities issued by the GOI or any of the State Government‟s or undertakings owned by them or by development financial institutions are called as ________ A. Shares B. Debentures C. Bonds D. Both (A) and (C) E. None of the Above

Description : Long-term debt securities issued by the GOI or any of the State Government‟s or undertakings owned by them or by development financial institutions are called as ________ A. Shares B. Debentures C. Bonds D. Both (A) and (C) E. None of the Above

Last Answer : C. Bonds Explanation: Long-term debt securities issued by the Government of India or any of the State Government‘s or undertakings owned by them or by development financial institutions are called as bonds.

The market for auditing services is driven by a. Congress at the state level b. A demand by external users of financial statements c. The regulatory authority of the Securities and Exchange Commission d. Pronouncements issued by the Auditing Standards and Practices Council

Description : The market for auditing services is driven by a. Congress at the state level b. A demand by external users of financial statements c. The regulatory authority of the Securities and Exchange Commission d. Pronouncements issued by the Auditing Standards and Practices Council

Last Answer : A demand by external users of financial statements

a ________ is a senior manager who oversees the use of it in the firm. -General Knowledge

Description : a ________ is a senior manager who oversees the use of it in the firm. -General Knowledge

Last Answer : CIO is the answer.

Who is the person who oversees the entire process of staging a production?

Description : Who is the person who oversees the entire process of staging a production?

Last Answer : Need answer

Which group of representatives oversees foreign assistance security issues and the U.S. military?

Description : Which group of representatives oversees foreign assistance security issues and the U.S. military?

Last Answer : Committee on Foreign Affairs

What hotel management company oversees Mariott?

Description : What hotel management company oversees Mariott?

Last Answer : Marriott hotels are publicly owned under the name Marriott International, Inc. Marriott Jr. currently owns 30% of the firm. Most of the Marriott properties are managed by Winegardner & Hammons, Inc. Which is a is a full-service hotel management company

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Description : What Navy office oversees the MEASURE program?

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What effect did the growth of chartered have On Europe economies?

Description : What effect did the growth of chartered have On Europe economies?

Last Answer : Feel Free to Answer

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Description : Complete the following statement. As a project manager, Darrell is  excited that he is assigned to be in charge of the most important project  this year. After being chartered for the project, he ... c. prepare for the template to monitor project progress. d. estimate the entire project budget.

Last Answer : b. start to define and develop the stakeholder needs and requirements

The ________is a network layer Internet protocol that provides message packets to report errors and other information regarding IP packet processing back to the source: a) Internet Control Message Protocol b) Internet Standard Flexible Message Protocol c) Internet Dynamic Chartered Message Protocol d) None of These

Description : The ________is a network layer Internet protocol that provides message packets to report errors and other information regarding IP packet processing back to the source: a) Internet Control Message ... Standard Flexible Message Protocol c) Internet Dynamic Chartered Message Protocol d) None of These

Last Answer : a) Internet Control Message Protocol

The companies which are formed under Companies Act.2013. They will be called as A. Chartered companies B. Statutory companies C. Registered companies D. None of these

Description : The companies which are formed under Companies Act.2013. They will be called as A. Chartered companies B. Statutory companies C. Registered companies D. None of these

Last Answer : C. Registered companies

The companies which are formed under special Act. Those companies are called as A. Chartered companies B. Statutory companies C. Registered companies D. None of these

Description : The companies which are formed under special Act. Those companies are called as A. Chartered companies B. Statutory companies C. Registered companies D. None of these

Last Answer : A. Chartered companies

The companies which are formed under special charter granted by the king or queen of England are called A. Statutory companies B. Registered companies C. Chartered companies D. None of these

Description : The companies which are formed under special charter granted by the king or queen of England are called A. Statutory companies B. Registered companies C. Chartered companies D. None of these

Last Answer : C. Chartered companies

Which of these is not a part of GDP for the year 2006? (a) Earning of an International fashion show organized in Delhi (b) Sale of ticket for Republic day parade. ; (c) Fee of a practicing Chartered Accountant (d) A house built in 2000 and first sold in 2006

Description : Which of these is not a part of GDP for the year 2006? (a) Earning of an International fashion show organized in Delhi (b) Sale of ticket for Republic day parade. ; (c) Fee of a practicing Chartered Accountant (d) A house built in 2000 and first sold in 2006

Last Answer : (d) A house built in 2000 and first sold in 2006

Would my business violate Florida's auto dealer statutes?

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Florida's Stand Your Ground law, is it a good idea, or an invitation to legalized murder?

Description : Florida's Stand Your Ground law, is it a good idea, or an invitation to legalized murder?

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Is it true that The goal of Florida's Voluntary Prekindergarten (VPK) Education Program is to prepare ALL children for kindergarten success.?

Description : Is it true that The goal of Florida's Voluntary Prekindergarten (VPK) Education Program is to prepare ALL children for kindergarten success.?

Last Answer : Preschool gives children a solid academic foundation that prepares them for kindergarten. Preschool teacher Deanna Raynor says: In order for the children to really do well in school, in society, at home ... time and the quality of their education will shape how they perform in school in the future.

What is Florida's statehood year?

Description : What is Florida's statehood year?

Last Answer : Florida became a state on March 3, 1845.

What are Florida's car seat laws?

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Last Answer : The car seat laws differ from state to state. In the state of Florida, any child under the age of 5 must be in a car seat. For specifics, visit the Florida DMV website.

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Description : What are Florida's bordering states?

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What are Florida's bordering states?

Description : What are Florida's bordering states?

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What does amortization mean? A. Spreading payments over multiple periods B. Buying a financial instrument in order to sell the same instrument at a higher price in another market C. Issuance approval,by a credit card issuer D. Buying the underlying securities at a specified excercise price E. None of the Above

Description : What does amortization mean? A. Spreading payments over multiple periods B. Buying a financial instrument in order to sell the same instrument at a higher price in another market C. Issuance approval, ... issuer D. Buying the underlying securities at a specified excercise price E. None of the Above

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________ are financial markets for the buying and selling of long-term debt or equity-backed securities. A. Bullion Market B. Capital Market C. Money Market D. All of the Above E. None of the Above

Description : ________ are financial markets for the buying and selling of long-term debt or equity-backed securities. A. Bullion Market B. Capital Market C. Money Market D. All of the Above E. None of the Above

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Last Answer : Commission on Higher Education