Is the Personnel and Finance review required on a minimum of once a year?

Is the Personnel and Finance review required on a minimum of once a year?
by

1 Answer

Answer :

What is the answer ?
by

Related questions

In connection with the element of professional development, a CPA firm's system of quality control should ordinarily provide that all personnel a. Possess judgment, motivation, and adequate experience. b. Seek assistance from persons having appropriate level of knowledge, judgment, and authority. c. Demonstrate compliance with peer review directives. d. Have the knowledge required to enable them to fulfill responsibilities assigned.

Description : In connection with the element of professional development, a CPA firm's system of quality control should ordinarily provide that all personnel a. Possess judgment, motivation, and adequate ... review directives. d. Have the knowledge required to enable them to fulfill responsibilities assigned.

Last Answer : Have the knowledge required to enable them to fulfill responsibilities assigned.

Which of the following is not a potential effect of an auditor's decision that a lower acceptable audit risk is appropriate? a. More evidence is requiredb. Less evidence is required. c. Special care is required in assigning experienced staff. d. Review of the working papers by personnel who were not assigned to the engagement.

Description : Which of the following is not a potential effect of an auditor's decision that a lower acceptable audit risk is appropriate? a. More evidence is required. b. Less evidence is required. c. ... experienced staff. d. Review of the working papers by personnel who were not assigned to the engagement

Last Answer : Less evidence is required.

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.

Finance Commission is constituted – (1) every year (2) once in four years (3) once in two years (4) once in five years

Description : Finance Commission is constituted – (1) every year (2) once in four years (3) once in two years (4) once in five years

Last Answer : (4) once in five years Explanation: The Finance Commission of India came into existence in 1951. It was established under Article 280 of the Indian Constitution by the President of India. The ... , the commission is appointed every five years and consists of a chairman and four other members.

Should states be required to comply with the MOVE Act, a federal law passed in 2009 mandating that absentee ballots be provided to military personnel overseas at least 45 days before election day?

Description : Should states be required to comply with the MOVE Act, a federal law passed in 2009 mandating that absentee ballots be provided to military personnel overseas at least 45 days before election day?

Last Answer : I think all states should have to comply.

How many personnel are required to assemble and erect the Rapid Airfield Damage Assessment System (RADAS) antenna and radio tripod?

Description : How many personnel are required to assemble and erect the Rapid Airfield Damage Assessment System (RADAS) antenna and radio tripod?

Last Answer : 3

One of the following is not among the major components required on board ship under the global maritime distress and safety system. A. On board radio facilities B. Radio operator telegraphy onboard C. Shore base facilities D. Radio personnel on board

Description : One of the following is not among the major components required on board ship under the global maritime distress and safety system. A. On board radio facilities B. Radio operator telegraphy onboard C. Shore base facilities D. Radio personnel on board

Last Answer : B. Radio operator telegraphy onboard

The firm should obtain written confirmation of compliance with its policies and procedures on independence from all firm personnel required to be independent by the Code of Ethics at least: a. Annually b. Every 3 years c. Every 2 years d. Every 5 years

Description : The firm should obtain written confirmation of compliance with its policies and procedures on independence from all firm personnel required to be independent by the Code of Ethics at least: a. Annually b. Every 3 years c. Every 2 years d. Every 5 years

Last Answer : Annually

The objective of quality control mandates that a public accounting firm should establish policies and procedures for professional development which provide reasonable assurance that all entry-level personnel a. Prepare working papers which are standardized in form and content. b. Will advance within the organization. c. Develop specialties in specific areas of public accounting. d. Have the knowledge required to enable them to fulfill responsibilities assigned

Description : The objective of quality control mandates that a public accounting firm should establish policies and procedures for professional development which provide reasonable assurance that all entry-level ... accounting. d. Have the knowledge required to enable them to fulfill responsibilities assigned

Last Answer : Have the knowledge required to enable them to fulfill responsibilities assigned

The firm is to be staffed by personnel who have attained and maintained the technical standards and professional competence required to enable them to fulfill their responsibilities with due care is the objective of what quality control policy? a. Ethical requirements b. Leadership responsibilities c. Assignment d. Monitoring

Description : The firm is to be staffed by personnel who have attained and maintained the technical standards and professional competence required to enable them to fulfill their responsibilities with due care ... control policy? a. Ethical requirements b. Leadership responsibilities c. Assignment d. Monitoring

Last Answer : b

A teacher is introducing a new subject when meeting the class for the first time it would be best to Options: A) Begin with the first lesson without delay B) Give a class a broad outline of the subject C) Begin at once with the review of the relevant material of the previous grades D) Concentrate on identifying potential trouble-makers and leaders of the classroom mischief

Description : A teacher is introducing a new subject when meeting the class for the first time it would be best to Options: A) Begin with the first lesson without delay B) Give a class a ... of the previous grades D) Concentrate on identifying potential trouble-makers and leaders of the classroom mischief

Last Answer : B) Give a class a broad outline of the subject 

With reference to India polity, which one of the following statements is correct? (1) Planning commission is accountable to parliament. (2) President can make ordinance only when either of the two houses of parliament is not in session. (3) The minimum age prescribed for appointment as a judge of the Supreme Court is 40 years. (4) NDC is constituted of Union Finance Minister and the Chief Ministers of all the states.

Description : With reference to India polity, which one of the following statements is correct? (1) Planning commission is accountable to parliament. (2) President can make ordinance only when either of the two houses ... (4) NDC is constituted of Union Finance Minister and the Chief Ministers of all the states.

Last Answer : (2) President can make ordinance only when either of the two houses of parliament is not in session. Explanation: President can promulgate ordinances when the parliament is not in session. ... take immediate action, he may promulgate such Ordinance as the circumstances appear to him to require.

Minimum paid-up capital of small finance banks is _______ A. 100 crore B. 200 Crore C. 500 crore D. 1000 crore E. None of the Above

Description : Minimum paid-up capital of small finance banks is _______ A. 100 crore B. 200 Crore C. 500 crore D. 1000 crore E. None of the Above

Last Answer : A. 100 crore Explanation: Minimum paid-up capital of small finance banks is Rs.100 crore.

Infrastructure Finance Company (IFC) is a non-banking finance company has a minimum Net Owned Funds of _______ A. Rs.100 Crore B. Rs.200 Crore C. Rs.500 Crore D. Rs.300 Crore E. None of the Above

Description : Infrastructure Finance Company (IFC) is a non-banking finance company has a minimum Net Owned Funds of _______ A. Rs.100 Crore B. Rs.200 Crore C. Rs.500 Crore D. Rs.300 Crore E. None of the Above

Last Answer : D. Rs.300 Crore Explanation: Infrastructure Finance Company (IFC) is a non-banking finance company has a minimum Net Owned Funds of Rs.300 Crore.

Who determines the minimum support price in India? a) The Commission for Agricultural Costs and Prices b) The Agriculture Ministryc) The Finance Commissiond) NABARD

Description : Who determines the minimum support price in India? a) The Commission for Agricultural Costs and Prices b) The Agriculture Ministry c) The Finance Commission d) NABARD

Last Answer : a) The Commission for Agricultural Costs and Prices

A CPA should not submit unaudited financial statements of a non-public entity to a client or others unless, as a minimum, the CPA complies with the provisions applicable to a. Audit engagements. b. Review engagements. c. Assurance engagements. d. Compilation engagements.

Description : A CPA should not submit unaudited financial statements of a non-public entity to a client or others unless, as a minimum, the CPA complies with the provisions applicable to a. Audit engagements. b. Review engagements. c. Assurance engagements. d. Compilation engagements.

Last Answer : Compilation engagements.

How much finance is required to complete the mortgage amortization?

Description : How much finance is required to complete the mortgage amortization?

Last Answer : The amount that is amortized depends on the amount of the down payment and the interest percentage rate. It will vary with those and other factors. A good banker will be able to help calculate the exact figures with you.

For initial audits, additional matters the auditor may consider in the overall audit strategy and audit plan include the following except a. Major issues including the application of accounting principles or any auditing and reporting standards discussed with management. b. Confirmation of material accounts receivable balance at the end of the year. c. Planned audit procedure to obtain sufficient appropriate audit evidence regarding opening balances. d. Assignment of firm personnel with appropriate levels of capabilities and competence to respond to anticipated significant risks

Description : For initial audits, additional matters the auditor may consider in the overall audit strategy and audit plan include the following except a. Major issues including the application of ... firm personnel with appropriate levels of capabilities and competence to respond to anticipated significant risks

Last Answer : Confirmation of material accounts receivable balance at the end of the year.

Is the Record Manager required to view each document during a Soldiers Record Review?

Description : Is the Record Manager required to view each document during a Soldiers Record Review?

Last Answer : What is the answer ?

For which of the following services is a CPA professional not required to be independent? a. Tax returns preparation b. Audits of historical financial statements c. Review engagement d. Examination of a forecast

Description : For which of the following services is a CPA professional not required to be independent? a. Tax returns preparation b. Audits of historical financial statements c. Review engagement d. Examination of a forecast

Last Answer : Tax returns preparation

For which of the following services is a CPA professional required to be independent? a. Audits of historical financial statements b. Review services c. Examination of prospective financial statements d. All of the above

Description : For which of the following services is a CPA professional required to be independent? a. Audits of historical financial statements b. Review services c. Examination of prospective financial statements d. All of the above

Last Answer : All of the above

For which of the following services is a CPA professional not required to be independent? a. Tax returns preparation b. Audits of historical financial statements c. Review engagement d. Examination of a forecast

Description : For which of the following services is a CPA professional not required to be independent? a. Tax returns preparation b. Audits of historical financial statements c. Review engagement d. Examination of a forecast

Last Answer : Tax returns preparation

For which of the following services is a CPA professional required to be independent? a. Audits of historical financial statements b. Review services c. Examination of prospective financial statements d. All of the above

Description : For which of the following services is a CPA professional required to be independent? a. Audits of historical financial statements b. Review services c. Examination of prospective financial statements d. All of the above

Last Answer : All of the above

Which of the following is required to be performed in an audit but not in review engagement? a. Complying with the "Code of Professional Ethics for Certified Public Accountants" promulgated by the Board of Accountancy b. Planning the engagement c. Agreeing on the terms of engagement d. Studying and evaluating internal control structure

Description : Which of the following is required to be performed in an audit but not in review engagement? a. Complying with the "Code of Professional Ethics for Certified Public Accountants" promulgated ... engagement c. Agreeing on the terms of engagement d. Studying and evaluating internal control structure

Last Answer : Studying and evaluating internal control structure

Which of the following is least likely to be required on an audit? a. Review accounting estimates for biases. b. Test appropriateness of journal entries and adjustment. c. Make a legal determination of whether fraud has occurred. d. Evaluate the business rationale for significant unusual transactions

Description : Which of the following is least likely to be required on an audit? a. Review accounting estimates for biases. b. Test appropriateness of journal entries and adjustment. c. ... determination of whether fraud has occurred. d. Evaluate the business rationale for significant unusual transactions

Last Answer : Make a legal determination of whether fraud has occurred.

Which of the following is least likely to be required on an audit? a. Review accounting estimates for biases b. Test appropriateness of journal entries and adjustment c. Make a legal determination of whether fraud has occurred d. Evaluate the business rationale for significant, unusual transactions

Description : Which of the following is least likely to be required on an audit? a. Review accounting estimates for biases b. Test appropriateness of journal entries and adjustment c. Make a legal determination of whether fraud has occurred d. Evaluate the business rationale for significant, unusual transactions

Last Answer : Make a legal determination of whether fraud has occurred

An engagement quality control review is required to be performed: a. Immediately after the re-assessment of control risk. b. At engagement completion after the report is issued. c. For all audits of financial statements of listed entitiesd. For all types of audits, regardless of the subject matter of the engagement..

Description : An engagement quality control review is required to be performed: a. Immediately after the re-assessment of control risk. b. At engagement completion after the report is issued. c. For all audits of ... listed entities. d. For all types of audits, regardless of the subject matter of the engagement.

Last Answer : For all audits of financial statements of listed entities

Which of the following steps are required to design a questionnaire? (a) Writing primary and secondary aims of the study. (b) Review of the current literature. (c) Prepare a draft of questionnaire. (d) Revision of the draft. Select the correct answer from the codes given below: (A) (a), (b), (c) and (d) (B) (a), (b) and (c) (C) (a), (c) and (d) (D) (b), (c) and (d)

Description : Which of the following steps are required to design a questionnaire? (a) Writing primary and secondary aims of the study. (b) Review of the current literature. (c) Prepare a draft of questionnaire. (d) Revision of the draft. Select the ... (b) and (c) (C) (a), (c) and (d) (D) (b), (c) and (d)

Last Answer : Answer: A

Assertion A.: The minimum self cleansing velocity in the sewer, at least once a day, must be generated. Reason (R): If certain deposition takes place and is not removed, it obstructs free flow and causes further deposition leading to complete blocking of the sewer. A. Both A and R are true and R is the correct explanation of A B. Both A and R are true but R is not a correct explanation of A C. A is true but R is false D. A is false but R is true

Description : Assertion A.: The minimum self cleansing velocity in the sewer, at least once a day, must be generated. Reason (R): If certain deposition takes place and is not removed, it obstructs free flow and causes further ... correct explanation of A C. A is true but R is false D. A is false but R is true

Last Answer : ANS: A

An emergency generator, driven by an internal combustion engine, shall be tested under load for a minimum of 2 hours at least once every _____________. A. week B. 2 weeks C. month D. 3 months

Description : An emergency generator, driven by an internal combustion engine, shall be tested under load for a minimum of 2 hours at least once every _____________. A. week B. 2 weeks C. month D. 3 months

Last Answer : Answer: C

In an Ethernet local area network, which one of the following statements is TRUE ? a. A station stops to sense the channel once it starts transmitting a frame. b. The purpose of the jamming signal is to pad the frames that are smaller than the minimum frame size. c. A station continues to transmit the packet even after the collision is detected. d. The exponential backoff mechanism reduces the probability of collision on retransmissions

Description : In an Ethernet local area network, which one of the following statements is TRUE ? a. A station stops to sense the channel once it starts transmitting a frame. b. The purpose ... collision is detected. d. The exponential backoff mechanism reduces the probability of collision on retransmissions

Last Answer : The exponential backoff mechanism reduces the probability of collision on retransmissions

1. Which of the following has been found useful in keeping cholesterol level down? 2. Which Directive Principle is based on Gandhian ideology? 3. The tendency of liquid drop to contract and why does it occupy minimum area? 4. After howmany years does Halley’s comet appear once in a period? 5. At which Harappan site have traces of a horse been found?

Description : 1. Which of the following has been found useful in keeping cholesterol level down? 2. Which Directive Principle is based on Gandhian ideology? 3. The tendency of liquid drop to contract and why does ... the largest area of the world? 20. Which was the first scholar, who read Ashokan edicts?

Last Answer : Answer : 1. Garlic 2. Promotion of cottage industries 3. Due to Surface tension 4. 76 years 5. Surkotda 6. 1948 7. Leila Seth 8. Carbohydrates 9. Sideral year10. Kanishka 11. Lok Sabha ... day 15. Harshavardhana 16. Consolidating the economy 17. Sugar 18. Once 19. Pastoral herding 20. James Princep

Would you be okay, for yourself, to spread falsehoods, if that could make cracks in the trust that civilians and military personnel from Russia have in their president, and the subsequent downfall of said president, and a possible end of the war in Ukraine?

Description : Would you be okay, for yourself, to spread falsehoods, if that could make cracks in the trust that civilians and military personnel from Russia have in their president, and the subsequent downfall of said president, and a possible end of the war in Ukraine?

Last Answer : No. I don’t think it would be necessary. The truth is more powerful than lies.

Are you following the attempt of the American (embassy) personnel to flee from Kabul?

Description : Are you following the attempt of the American (embassy) personnel to flee from Kabul?

Last Answer : A bloodbath.

Medical personnel of Reddit, why is a patient with a CPAP treated like they're using a biological weapon?

Description : Medical personnel of Reddit, why is a patient with a CPAP treated like they're using a biological weapon?

Last Answer : What do you mean?

Is the use of the unsubstantiated Steele dossier as grounds for investigating Trump personnel a scam of the FISA courts?

Description : Is the use of the unsubstantiated Steele dossier as grounds for investigating Trump personnel a scam of the FISA courts?

Last Answer : Conspiracy ! ! ! Steele dossier was done by Martians

Should military personnel get special consideration regarding education, housing and health care?

Description : Should military personnel get special consideration regarding education, housing and health care?

Last Answer : No. They should be locked up once their killing spree is over.

Corporate warfare and office survival tips for rank and file personnel?

Description : Corporate warfare and office survival tips for rank and file personnel?

Last Answer : You can’t please everyone. Please yourself and your team leaders. Don’t comment to co-workers about religion or politics, yours or theirs. Have coffee breaks/meals with the group, if appropriate. Limit the time to allowed periods of time. No loud music at the work station, ear buds if allowed.

Would you like to have your own personnel robot?

Description : Would you like to have your own personnel robot?

Last Answer : answer:I can see just a robot roaming through my house, during the middle of the night. if my dog did not attack it, that blasting sound would by from my 12-Ga. shotgun. goodbye robot. Some parts of the world may be ready for a robot, but not at my house.

Have you been dangerously misdiagnosed or neglected by medical personnel?

Description : Have you been dangerously misdiagnosed or neglected by medical personnel?

Last Answer : answer:No - but I have been overcautiously misdiagnosed. Symptoms I was experiencing led my doctor to believe I was having/had a heart attack. I was immediately admitted and spend four days getting multiple ... figured out exactly what it was, but it wasn't a heart attack. Stress, most likely.

Sometimes, do doctors, nurses, and other medical personnel scare the hell out of you with what appears to be total incompetence and lack of common sense?

Description : Sometimes, do doctors, nurses, and other medical personnel scare the hell out of you with what appears to be total incompetence and lack of common sense?

Last Answer : Yes, I do believe that doctors do sometimes lack the common sense needed to do well in their professions. In my case, it was a total lack of bedside manner in my following situation: In ... away and not try to help them answer questions about it or give them any further information whatsoever.

Why or why not do military veterans/active personnel deserve the praise they receive?

Description : Why or why not do military veterans/active personnel deserve the praise they receive?

Last Answer : Honestly depends on the country and the politicians. A soldier is a tool of political will. Freedom, pride and glory are just propaganda.

What are your views on the tradition of automatically granting all embassy and consulate personnel, "diplomatic immunity" from prosecution?

Description : What are your views on the tradition of automatically granting all embassy and consulate personnel, "diplomatic immunity" from prosecution?

Last Answer : This is a tough one. I don't especially like this policy, but I do understand the need for it. I think that without such a policy in place, normal diplomatic relations between countries would be ... if, perhaps, something better could be created. But I can't think of an alternative. Anybody else?

Promotion and Compensation of Personnel or employees?

Description : Promotion and Compensation of Personnel or employees?

Last Answer : not employees

Explain the following terms/concepts : (i) Key Managerial Personnel

Description : Explain the following terms/concepts : (i) Key Managerial Personnel

Last Answer : Explain the following terms/concepts : (i) Key Managerial Personnel (ii) Administrators (iii ... (iv) Government Department (v) Courtesy

If you have just concluded an information briefing of host nation personnel at a Subject Matter Expert Exchange on incorporating human rights considerations into the military planning process and have?

Description : If you have just concluded an information briefing of host nation personnel at a Subject Matter Expert Exchange on incorporating human rights considerations into the military planning process and have?

Last Answer : Need answer

What are methods for training food service personnel management practices except?

Description : What are methods for training food service personnel management practices except?

Last Answer : Need answer