Accounting fraud can be described as some sort of earnings management but not all earnings management can be considered fraudulent. The distinguishing criteria of ethical accounting practices from unethical ones are use of accounting standards, transparency, and intent. If the intention is to misrepresent and mislead users of financial reports, it is most likely that accounting practices employed do not conform to accounting standards and unfavorable information vital to investors are withheld. On the other hand, ethical earnings management is done in a transparent manner and vital information are disclosed accordingly. 3.
b. Megabyte 3. Which answer lists the correct number of bits associated with each term? c. 64 bits per quadruple word 4. Which of the following answers are true about random-access memory (RAM) as it is normally used inside a personal computer? (Choose two answers.)
Loosening of Credit Proponents of negative interest rates suggest that when financial intermediaries choose between paying for deposits and receiving income from loans, they will choose the latter. In turn, businesses benefit from this greater amount of credit. Japanisation of the Eurozone However, we mustn’t lose sight of why this proposal is being mooted – to stave off the Eurozone’s deflationary issue. As such, will negative interest rates stem the tide? The answer to this question is simply not clear, but it primarily depends upon expectations of future inflation.
A bank may choose not to implement an online-transfer delay if its customers view speed and efficiency a key factor. 2. What are the two primary lines of security defense and why are they important to financial institutions? The two primary lines of security defense are people and technology. Since banks deal with money they must offer the most advanced security features to keep their customers finances safe.
ACC 564 Week 10 Assignment 4 – Changing the Accounting Information System https://hwguiders.com/downloads/acc-564-week-10-assignment-4-changing-the-accounting-information-system/ ACC 564 Week 10 Assignment 4 – Changing the Accounting Information System Migrating to a new accounting information system is not an easy task. Many firms have struggled with this process, even though our textbook makes the process seem quite straightforward. Recently, IBM recapped some of the lessons learned in migrating to a new accounting information system within the federal government. These lessons can be applied to any accounting information system project. Others have developed their own recommendations for best practices and lessons learned involving implementing accounting information systems.
ACC 564 Week 10 Assignment 4 – Changing the Accounting Information System https://hwguiders.com/downloads/acc-564-week-10-assignment-4-changing-the-accounting-information-system/ ACC 564 Week 10 Assignment 4 – Changing the Accounting Information System Migrating to a new accounting information system is not an easy task. Many firms have struggled with this process, even though our textbook makes the process seem quite straightforward. Recently, IBM recapped some of the lessons learned in migrating to a new accounting information system within the federal government. These lessons can be applied to any accounting information system project. Others have developed their own recommendations for best practices and lessons learned involving implementing accounting information systems.
A user has opened a calculator application, typed the numbers 123456789, and then done some math problem using this number. Which of the following determines, in part, what bits the computer stores in RAM to represent the number 123456789? C. Keyboard map 8. Which of the following is not a feature of a file system that might be used with a hard disk drive? A. an actuator arm 9.
Banks have a reserve requirement, which is set by the fed. A reserve requirement is the minimum percentage of a bank’s total reserves that they are required to keep, for security reasons. (Schiller) The fed can change the reserve requirement to allow a bank to loan more/less money, which is used to control the economy. Many critics use this to determine that annual deficit spending has a negative impact on the economic stability of our country. The fed has to set a lower reserve requirement, which allows banks to loan out more money, which generates more interest, which could lead to periods of inflation and could have worse consequences if the government does not react quickly enough.
DFA roughly believed in efficient market theory. They believed that the high return of small stocks and value stocks come from high risk which matched the efficient market theory. Moreover, they would not do any fundamental analysis of the firm in question. (p6) At the same time, however, they did some adjustments based on other two principles, sound academic researches and skilled traders, to get rid of those not matching the theory. For example, they did not purchase those stocks with inside trade information.
Discuss and evaluate the following statement ‘Accounting is not a root cause of the financial crisis, but it has an important role to play in its resolution.’ The causes for and solutions of the financial crisis in 2008 are extremely topical and of importance as an understanding of the preceding topics will aid the prevention of a future economic crisis. First, I shall discuss the effects of fair value accounting on the financial crisis. Next, I will assess whether the historic cost method of asset valuation should be used to solve the problems that the fair value method causes. Finally, I will evaluate the significance of reforms within accounting in rebuilding the economy and in the prevention of a further economic crisis. Accounting provides economic information from which users can make decisions, therefore has a clear link to financial stability.