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NEW QUESTION: 1
A. No
B. Yes
Answer: A
Explanation:
Azure Event Hubs Dedicated is ideal for customers that need a single-tenant deployment, not the fully- managed platform, to manage the most demanding requirements.
NEW QUESTION: 2
A company's latest accounts show profit after tax of $20.0 million, after deducting interest of $5.0 million. The company expects earnings to grow at 5% per annum indefinitely.
The company has estimated its cost of equity at 12%, which is included in the company WACC of 10%.
Assuming that profit after tax is equivalent to cash flows, what is the value of the equity capital?
Give your answer to the nearest $ million.
$ ? million
Answer:
Explanation:
300, 300000000
NEW QUESTION: 3
Analytical procedures used in planning an audit should focus on:
A. Assessing the adequacy of the available audit evidence.
B. Providing assurance that potential material misstatements will be identified.
C. Enhancing the auditor's understanding of the client's business.
D. Reducing the scope of tests of controls and substantive tests.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Choice "C" is correct. Analytical procedures used in planning the audit should focus on enhancing the
auditor's understanding of the client's business and the transactions and events that have occurred since
the last audit date.
Choice "A" is incorrect. Analytical procedures used in planning do not reduce tests of controls or
substantive tests.
Choice "B" is incorrect. Analytical procedures used in planning are not designed to identify material
misstatements.
Choice "D" is incorrect. Audit evidence has not yet been gathered during the planning process, so its
adequacy cannot be assessed.