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Q: What audit procedure steps are taken when there are errors found in your inventory observation test counts?
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none


Discuss five errors in personal human inquiry?

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A repeated word counts as two 2 errors in typed copy or a timed writing?

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What has the author James Topping written?

James Topping has written: 'Errors of observation and their treatment'


Is Taking a physical count of inventory necessary when the periodic inventory system is used?

Yes Yes Yes Physical inventory will allow to validate book inventory system. The gaops may be because of errors or worse pilferage, spoilage etc. Both the system are required for effective controls


How do you compile a PLSQL procedure?

You can do that with Sql*Plus: SQL> CREATE OR REPLACE PROCEDURE foo ... IS ... END foo; / SHOW ERRORS


How is an ammeter connected to reduce frequency errors?

Connecting an ammeter does not reduce the frequency errors.


Does ols estimating procedure that minimise the sum of the errors square?

Yes, it is.


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It could refer to four standard errors. If an observation from a Gaussian (normal) distribution is 4 standard errors away from the mean, it has an extremely low probability.


What purpose does physical inventory serve?

Taking inventory more than once a year, and thus looking at stocks over shorter periods of time, often results in discovering accounting or processing errors


Why does retail business do inventory in January?

Many businesses are on a calendar year for accounting purposes so they can include any inventory adjustments in their December numbers if they do an inventory in January. Also, December is traditionally a busy time for most retailers, so there is a higher probability that inventory errors and discrepancies occur in December, so January is a good time to make corrections.


What does the z score of 1.3 mean?

It means that there is a probability of 0.0968 that an observation as extreme as this occurred purely by chance.