Ethical issues often arise out of a business s relationship with O a customers. Ob. creditors Oc. investors. O d. employees Oe. all of the above.
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- -Discuss and explain the expectations gap. In your answer include how it relates to both the finance and accounting professions and its importance. -List and explain the 3 of the 5 fundamental principles of ethics for members in relation to APES110. -Outline and explain the 3 steps of the conceptual framework of APES110 developed to assist members to manage threats associated with companies with fundamental principles -Explain with examples the use of safeguards in relation to the conceptual framework and the fundamental principles of APES110(1) Identify two situational pressures in a company like HARDA Fashion that would increase the likelihood of fraud. (2) Explain why some companies would choose to install a distributed computer system rather than a centralized one.According to COSO, which of the following differences relevant to the risk-assessment process is most likely to exist bel large entity and a small entity? O A. O B. O C. O D. The CEO of a small entity is more likely than the CEO of a large entity to be attuned to risks arising from internal factors through hands-on involvement with all levels of personnel. The risk-assessment process in a small entity is more structured than in a large one because of the nature of some of the internal control components in a small entity. An owner-manager of a small entity will not normally learn about risks arising from external factors through direct contact with customers, suppliers, and other outsiders, whereas in large entities this process is part of the entity's primary way of identifying new risk. Risk assessment in a small entity, as opposed to that in a large entity, can be problematic to implement because the in- depth involvement of the CEO and other key managers is a conflict of interest…
- You are an employee working in the accounts office of Ukweli company listed on the Nairobi stock Exchange, and while working late one evening during the week, you realized that you had left your expensive pen in the boardroom at an earlier meeting and, given its value, you went upstairs to look for it. As you approached the door you heard the following discussion which was between the company C.E.O (Chief Executive Office and Brian (a Non -Executive director). “C. E.O: I am deeply concerned that if this fall in profit figures is disclosed in the next annual report, there will be all sorts of problems with the shareholders. We may even lose a number of big investors. Brian (also the cousin of the Chief Executive): (large sigh) Well, I suppose we could always find a way of making them look better. C.E.O: How? I can't see it at all. Brian: Well, we could make them just slightly higher than last year's figures by including the proceeds of the sales of our toothbrush division. C.E O: But…Need soon plz help.... Explain briefly the ideals of business ethics.H1. Account Newspaper headlines frequently highlight instances where business professionals are accused of engaging in unethical behavior. Are ethics important to the conduct of management accountants? Why or why not?
- A recent supreme court ruling made it easier to prosecute insider trading cases by? 1) doubling massive fines for those guilty of insider trading, 2) prohibiting current or former public officials from realizing stock market gains, 3) considering even those who share insider information without profiting guilty, 4) Specifying exactly what type of information can and cannot be disclosed. please help.Budgeting and the importance of an organization's financial health are critical elements to consider as part of your role as a public health manager. Question briefly define financial management skills 1. strategic problem solving 2. budgeting and connecting to the broader concepts of management effectiveness or efficiencyWhat is the right choice for the manager to make? Why did the ethical dilemma arise? Is there any way to redesign the accounting reporting system to discourage the type of behavior that the manager is contemplating?
- Critical Thinking If a company of which you are a customer suffered a data breach (in which some of thedata customers created ot shared by customers withthe company we,e compromised), would your perceptions of that company change and if so, why? Would itmatter what type of data was compromised? A!e thereother factors that would lessen or heighten your viewof the severity of the event? If so, what might theyinclude?30) Which of the following is the social objective of financial management? a. Growth of the enterprise b. Timely payment of taxes c. All d. Profit MaximizationDell Company, a CPA firm, conducted an audit for the 2020 financial statements of Perla Corporation. During the course of the audit, the auditors noticed that the management had a known history of violations. This condition that might increase the risk of fraudulent financial reporting is related to the following category: * O Management's characteristics and influence O Industry conditions O Operating characteristics and financial stability O All of the above None of the above