Question Tag: Evaluation

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AAA – Nov 2011 – L3 – SAII – Q20 – Assurance Engagements

Definition of an assurance engagement's objective in providing confidence to users.

An assignment in which the practitioner expresses a conclusion designed to enhance the degree of confidence of the intended users other than the responsible party about the outcome of the evaluation or measurement of a subject matter is…………………………

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CSME – May 2021 – L2 – Q2 – Risk Management and Corporate Strategy

Examination of a risk manager’s role, specific risks managed, and purposes of risk monitoring.

“A risk manager is not a line manager and is not directly responsible for risk management but might help with the management of specific risks.”

Required:

a.
i. Review the statement above within the context of the role of a risk manager. (7 Marks)
ii. Evaluate THREE specific risks that can be managed. (3 Marks)

b. Discuss the purposes of risk monitoring. (10 Marks)

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BMF – Nov 2019 – L1 – SB – Q5c – Basics of Business Finance and Financial Markets

State and explain three approaches to measuring and evaluating team performance.

(c) Measuring and evaluating team performance is essential, especially in a system that rewards success.
State the THREE basic approaches to measuring and evaluating team performance and explain any TWO of the approaches. (6 Marks)

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QT – May 2017 – L1 – Q1a – Basic Mathematics

Evaluate a given cost function for two specific values

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AA – Nov 2020 – L2 – Q3c – Audit and Assurance Evidence

Outline procedures to determine reliance on an auditor’s expert's work.

Future Prospects Company Ltd is a multinational company operating in Ghana. Its core operations include management of pension funds and real estate development. In preparing the financial statements, they carry out an appraisal of the pension funds to assess its ability to pay benefits to contributors. Periodic revaluation of lands and buildings was also carried out.

Required:
Outline FOUR (4) procedures you will follow to determine whether you can place reliance on work performed by an auditor’s expert.
(8 marks)

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AAA – Nov 2011 – L3 – SAII – Q20 – Assurance Engagements

Definition of an assurance engagement's objective in providing confidence to users.

An assignment in which the practitioner expresses a conclusion designed to enhance the degree of confidence of the intended users other than the responsible party about the outcome of the evaluation or measurement of a subject matter is…………………………

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CSME – May 2021 – L2 – Q2 – Risk Management and Corporate Strategy

Examination of a risk manager’s role, specific risks managed, and purposes of risk monitoring.

“A risk manager is not a line manager and is not directly responsible for risk management but might help with the management of specific risks.”

Required:

a.
i. Review the statement above within the context of the role of a risk manager. (7 Marks)
ii. Evaluate THREE specific risks that can be managed. (3 Marks)

b. Discuss the purposes of risk monitoring. (10 Marks)

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BMF – Nov 2019 – L1 – SB – Q5c – Basics of Business Finance and Financial Markets

State and explain three approaches to measuring and evaluating team performance.

(c) Measuring and evaluating team performance is essential, especially in a system that rewards success.
State the THREE basic approaches to measuring and evaluating team performance and explain any TWO of the approaches. (6 Marks)

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QT – May 2017 – L1 – Q1a – Basic Mathematics

Evaluate a given cost function for two specific values

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AA – Nov 2020 – L2 – Q3c – Audit and Assurance Evidence

Outline procedures to determine reliance on an auditor’s expert's work.

Future Prospects Company Ltd is a multinational company operating in Ghana. Its core operations include management of pension funds and real estate development. In preparing the financial statements, they carry out an appraisal of the pension funds to assess its ability to pay benefits to contributors. Periodic revaluation of lands and buildings was also carried out.

Required:
Outline FOUR (4) procedures you will follow to determine whether you can place reliance on work performed by an auditor’s expert.
(8 marks)

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