ATTESTATION RISK is the risk the CPA may unknowingly fail to modify the report
on management’s assertion. It is composed of inherent risk, control risk, and detection risk.
GROUP ACCOUNTS are the financial statements of a group of companies. These are usually presented in the form of consolidated accounts.
PRIME COST is equal to the sum of DIRECT MATERIAL plus DIRECT LABOR.
Enter a term, then click the entry you would like to view.