False Question 35 of 50 1.0/ 1.0 Points Auditors perform walkthroughs as an efficient way to gain an understanding of ICFR and assess design effectiveness. A. True B. False Question 36 of 50 1.0/ 1.0 Points Currently, the primary authoritative body that regulates individual CPAs is the Congress of the United States. A.
In Defense of Citizens United Decision Introduction The 2012 federal election cycle set to cost a record of $6 billion, which has been marked as the most expensive election in American history.i What’s also special about this election is that it is the very first presidential election after Supreme Court’s decision on the landmark case Citizens United v. Federal Election Commission (2010), which frees corporations and unions from the limited amount of contribution they can donate to a campaign. “Campaigns are the ‘heart and soul’ of a representative democracy”. ii In the excerpt from Federalist 10 paper, the Founding fathers believe that people naturally form different opinions and it is the preservation of the diversity in opinions
. (TCO A) Which one of the following is an advantage of corporations relative to partnerships and sole proprietorships? (Points : 5) Reduced legal liability for investors Harder to transfer ownership Lower taxes Most common form of organization 2. (TCO A) The Dividends account _____. (Points : 5) is increased with a debit is decreased with a credit is not an expense account All of the above 3.
The Reform Act limits third party rights to sue to only five times. This helps the auditor avoid multiple or endless lawsuits. 5. The Reform Act changed how the court appoints lead plaintiffs, this was done in favor of institutional investors whom likely have the greatest financial risk. This helps the auditor by preventing those with minimal financial risk rushing to the courts to press a suit and having the advantage over the larger entity.
Identify two of these ethical issues. • Question 21 IS capabilities support all of the following business objectives except: • Question 22 Basic functions of an IS are: • Question 23 Which of the following is a characteristic of competitive advantage? • Question 24 According to Porter’s competitive forces model, there are five major forces in an industry that affect the degree of competition. Those five forces impact: • Question 25 While of the following statements about mobile market opportunities is false? • Question 26 Multiple networks were needed to transmit documents, voice, and video because: • Question 27 Which of the following is not a characteristic of intranets?
But none of this issue can be resolved, until we address the problems with the current political system itself. It is clear that recent court decisions around campaign finance have fundamentally altered the shape of American politics. These ruling have expanded the power of corporations and allowed a flood of special interest money into the political process. They have increased the need for fundraising and spurred the onslaught of attack ads from outside groups financed by undisclosed, unregulated donations. They helped make the 2010 elections one of the most expensive on record and look likely to make the 2012 elections even pricier.
* Question 1 4 out of 4 points | | | Possible goals of Not-For-Profit (NFP) enterprises include all of the following EXCEPT:Answer | | | | | Selected Answer: | maximize total costs | Correct Answer: | maximize total costs | | | | | * Question 2 4 out of 4 points | | | To reduce Agency Problems, executive compensation should be designed to:Answer | | | | | Selected Answer: | create incentives so that managers act like owners of the firm. | Correct Answer: | create incentives so that managers act like owners of the firm. | | | | | * Question 3 4 out of 4 points | | | The primary objective of a for-profit firm is to ___________.Answer | | | | | Selected Answer: | maximize shareholder value | Correct Answer: | maximize shareholder value | | | | | * Question 4 4 out of 4 points | | | In the shareholder wealth maximization model, the value of a firm's stock is equal to the present value of all expected future ____ discounted at the stockholders' required rate of return.Answer | | | | | Selected Answer: | profits (cash flows) | Correct Answer: | profits (cash flows) | | | | | * Question 5 4 out of 4 points | | | Shirking of one’s duties is often encountered in team production settings becauseAnswer | | | | | Selected Answer: | teammates face a dilemma posed by a dominant strategy to shirk | Correct Answer: | teammates face a dilemma posed by a dominant strategy to shirk | | | | | * Question 6 4 out of 4 points | | | The Saturn Corporation (once a division of GM) was permanently closed in 2009. What went wrong with Saturn?Answer | | | | | Selected Answer: | Saturn sold cars below the prices of Honda or Toyota, earning a low 3% rate of return. | Correct Answer: | Saturn sold cars below the prices of Honda
Ethnographic Research: For-Profit Organization and a Not For-Profit Organization Tasha Williams PHI 445: Personal & Organizational Ethics Instructor: Ronald Cade July 05, 2014 Ethnographic Research: For-Profit Organization and a Not For-Profit Organization As an ethnographic researcher writing an article for a popular organizational behavior research journal I am required to cover to companies. One is the Family Readiness Group (FRG) Organization which is a not-for-profit organization and the other is PepsiCo which is a for-profit organization. While Some may believe ethics and morals is not important to business operations, establishing proper ethics and morals is very important for both organizations to prosper because there
How might a company be rewarded or punished for making an ethical or unethical decision? DQ 3: Review the case study “It Seems Right in Theory but Does It Work in Practice?” in Perspectives in Business Ethics. How is ethical theory applied in practice? DQ 4: Review the case study “Where and Why Did Business Ethicists Go Wrong? The Case of Dow Corning Corporation’ in Perspectives in Business ethics.
Delaware Corporation Law Have you ever wonder why majority of the fortune 500 companies has chosen to incorporate their business in Delaware? Well it’s not because of taxes, although Delaware like every other state tries to keep its corporate tax rates low and competitive. There are a few advantages why companies decided to incorporate in Delaware, for instance; • As a state that welcomes corporations with open arms, Delaware provides such financial incentives for corporations as freedom from personal property tax, intangible property tax and even sales tax. A bigger incentive is the absence of a corporate income tax, provided the corporation is not doing business within the state. Furthermore, Delaware corporations pay