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NEW QUESTION: 1
The draft accounts of KenDoo Ltd for the year ended 31 August 2006 showed a net profit of $10000.
During the audit, the following errors and omissions were discovered.
(a) Items valued at $3100 had been completely omitted from the closing stock figure.
(b) Accrual of electricity bill for $200 and insurance prepayment of $500 had been omitted.
(c) Equipment costing $12000, acquired on 1 September 2005, had been debited to the purchases acccount.
(KenDoo Ltd depreciates equipment at 15% on the straight line basis).
Due to materiality, the directors of KenDoo Ltd agreed to adjust the accounts accordingly.
Incorporating the above adjustments, the revised net profit is
Answer:
Explanation:
$23600
NEW QUESTION: 2
Which is the CORRECT activity to carry out the "How do we get there" phase of the Continual Service
improvement approach?
A. Service and process improvement
B. Measurable targets
C. Policy and governance review
D. Baseline assessments
Answer: A
NEW QUESTION: 3
A subscriber is locked out of messaging system after three unsuccessful login attempts. The administrator needs to unlock the subscriber's mailbox.
Which basic parameter from the Messaging/Administration> Subscriber management > Manager > Manage > menu should the administration edit to unlock the subscriber's mailbox?
A. Custom COS Permissions> trusted Server Access = no
B. Basic Information > password
C. Basic Information> Locked? =yes
D. Basic Information> Locked? = no
E. Custom COS Permissions> Trusted Server Access = Yes
Answer: C
Explanation:
Reference in screenshot