SOLUTION: University of California LA Apollo Shoe Inc Case Questions Discussion

Hi, find attachedRunning Head: APOLLO SHOE INC. MINI CASEApollo Shoe Inc. Mini CaseStudent’s NameInstitutionDate1APOLLO SHOE INC. MINI CASE2Q1The strength in the excitement portrayed in consumer confidence has been a recent galacticwinner in meeting companies’ market widespread acceptance. Ernst Hathaway’s promotion toApollo shoe Inc.’s vice president gave birth to wireless local area network (LAN) multi-server usedto test hardware and software. An easy transition from to a new IT system has validated. Networkprinters allocated to each specific department were two security features to ascertain balanced andunique database storage. It provides comprehensive business documents, thus allowing reportsdetailed for database storage, file management, and redundancy caused by erroneous entries thatcan be corrected by disbursing maintenance functions. Information systems vice president controlscomputer processing operations. It provides the primary contact and trains new personnel to usethe new system (NVIVO n.d.). The project manager modifies the financial accounting system andgives specifications about a project. The operations manager ensures computers are operationaland directing the operator’s work.Q2While there might exist a considerable number of risks of both overstatement andunderstatement, on both individual or aggregated statements, a possibility allows for necessarydisclosure or, thus, need for significant accounts (“Financial statement assertions — AccountingTools,” 2018). The Prospective Annual Report indicates underlying inaccurate forecasts regardingits revenues, earnings, and spending revenue margins, cashflows, orders, inventory, and productswithout limitation to the precepted performance. Such information is subject to significant accountor disclosure.APOLLO SHOE INC. MINI CASE3Q3The relevant assertion is those assertion misstatement mistakes that can cause materialmisstated financial statements.Audit procedures resu…

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