The new appointment of our president ______ from the very beginning of next semester.A.tak
The new appointment of our president ______ from the very beginning of next semester.
A.takes effect
B.takes part
C.takes place
D.takes turns
The new appointment of our president ______ from the very beginning of next semester.
A.takes effect
B.takes part
C.takes place
D.takes turns
Which of the following is NOT a principle of the UK Corporate Governance Code?
A.There should be a rigorous and transparent procedure for the appointment of new directors to the board
B.The board should use the annual general meeting (AGM) to communicate with investors
C.The non-executive chairman should decide on the remuneration of all directors
D.All directors should receive induction training on joining the board
which were recently discussed at the monthly audit managers’ meeting:
(1) Nate & Co has recently been approached by a potential new audit client, Fisher Co. Your firm is keen to take the
appointment and is currently carrying out client acceptance procedures. Fisher Co was recently incorporated by
Marcellus Fisher, with its main trade being the retailing of wooden storage boxes.
(2) Nate & Co provides the audit service to CF Co, a national financial services organisation. Due to a number of
errors in the recording of cash deposits from new customers that have been discovered by CF Co’s internal audit
team, the directors of CF Co have requested that your firm carry out a review of the financial information
technology systems. It has come to your attention that while working on the audit planning of CF Co, Jin Sayed,
one of the juniors on the audit team, who is a recent information technology graduate, spent three hours
providing advice to the internal audit team about how to improve the system. As far as you know, this advice has
not been used by the internal audit team.
(3) LA Shots Co is a manufacturer of bottled drinks, and has been an audit client of Nate & Co for five years. Two
audit juniors attended the annual inventory count last Monday. They reported that Brenda Mangle, the new
production manager of LA Shots Co, wanted the inventory count and audit procedures performed as quickly as
possible. As an incentive she offered the two juniors ten free bottles of ‘Super Juice’ from the end of the
production line. Brenda also invited them to join the LA Shots Co office party, which commenced at the end of
the inventory count. The inventory count and audit procedures were completed within two hours (the previous
year’s procedures lasted a full day), and the juniors then spent four hours at the office party.
Required:
(a) Define ‘money laundering’ and state the procedures specific to money laundering that should be considered
before, and on the acceptance of, the audit appointment of Fisher Co. (5 marks)
A.To make an appointment
B.To report a problem
C.To ask for advice
It was not until he had arrived home______ he remembered his appointment with the lawyer.
A.that
B.where
C.when
D.which
You cannot see the doctor______you have made an appointment with him.
A.except
B.even
C.however .
D.unless
A.appreciation
B.appropriate
C.apology
D.appointment
A.schedule
B.service
C.option
D.appointment
A.efficiency
B.communication
C.patients
D.appointment