In a letter to the audit committee of the Cline Wholesale Company, Jerry Schwartz, CPA, informed them of material weaknesses in the controls over inventory. In a separate letter to senior management, he elaborated on how the material weaknesses could result in a significant misstatement of inventory by the failure to recognize the existence of […]
A CPA’s client, Boos & Baumkirchner, Inc., is a medium-size manufacturer of products for the leisure-time activities market . During the past year, a new computer system was installed and inventory records of finished goods and parts were converted to the new system. The inventory master file is maintained electronically. Each record of the file […]
COMPONENTS OF A COMPUTER SYSTEM With the components of a computer system provided below, choose one and illustrate. Motherboard Graphics Card CPU RAM NOTES TO REMEMBER: Freedom in how you want to illustrate it – draw to paper and scan, edit via PowerPoint, anything. Just make sure you did the work. Provide a behind-the-scenes photo […]
