Silver Company makes a product that is very popular as a Mother's Day gift. Thus, peak sales occur in May of each year, as shown in the company's sales budget for the second quarter given below: Required 1 Required 2 Budgeted sales (all on account) From past experience, the company has learned that 25% of a month's sales are collected in the month of sale, another 60% are collected in the month following sale, and the remaining 15% are collected in the second month following sale. Bad debts are negligible and can be ignored. February sales totaled $380,000, and March sales totaled $410,000. Complete this question by entering your answers in the tabs below. April $450,000 Required: 1. Prepare a schedule of expected cash collections from sales, by month and in total, for the second quarter. 2. What is the accounts receivable balance on June 30th? February sales March sales April sales May sales June sales Total cash collections Prepare a schedule of expected cash collections from sales, by month and in total, for the second quarter. Schedule of Expected Cash Collections April May $ 0 $ May $ 650,000 0 $ < Required 1 June $ 0 $ June $ 250,000 Total 0 0 0 0 0 0 Total $ 1,350,000 Required 2 >

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Critically evaluate how the breach of ethics by auditors could contribute to expand the audit expectation gap. Your report should include/address the following concerns: 1. Introduce/analyze ethical aspect of auditors and audit expectation gap. 2. Critically examine how different threats to ethics enlarge the audit expectation gap. 3. Propose ways to minimize the threats to ethics and thus the expectation gap of audits. 4. Determine the current developments and future direction of ethical aspects of auditors, and explain how such developments contribute to safeguard the audit profession as a concluding remarks. Include a cover page, an executive summary, a table of contents and references. You may include an appendix if necessary.

Karen finds that many claim forms were rejected because important information was omitted. How might Karen suggest corrections for these omissions?

What is risk of incorrect acceptance?     A. The risk that the auditor concludes that a material misstatement exists when it does not exist.   B. The risk that the auditor concludes that a material misstatement does not exist when it actually does not.   C. The risk that the auditor concludes that a material misstatement does not exist when it does exist.   D. The risk that the auditor concludes that a material misstatement exists when it actually does.

Urgent Please answer a soon as possible. Answer must be plagirism free    What is the role of auditors and explain the importance of the role.

1. Choose the ethical considerations that Amahle Khumalo should recognize in deciding how to proceed. Note: You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect. Check my work is not available. Khumalo should exercise initiative and good judgment in providing management with information having a potentially adverse economic impact Khumalo should determine whether the controller's request violates her professional or personal standards or the company's code of ethics. ? Khumalo should protect proprietary information and should not violate the chain of command by discussing this matter with the controller's superiors ?Khumalo should not try to convince the controller regarding the probable failure of reworks.

Quite often, people may face situations that put them in an ethical conflict. The best way to cope with this is ________.   Question 22 options:   A)  to develop a personal code of ethical conduct about what is right and wrong   B)  to use the "golden rule"   C)  to do what makes the largest number of people happy in the situation   D)  to do nothing and ignore the situation   E)  to act the same way you have seen others act in similar situations

Search Google images for bad data visualizations. Post a link to the image.Describe what is inaccurate or misleading about the visualization. Replace the inaccurate and misleading information with what you think makes the image a good visualization.

Some accountants argue that the receiving department should be eliminated. Discuss the objective of eliminating the receiving function. What accounting/audit problems need to be resolved.