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examine the greatest threats to a computerized accounting system. Suggest two (2) preventative measures or remedies to protect the system and/or mitigate negative impact to the system. Provide a rationale for your response.
Pretend that you are a criminal and want to commit fraud by altering your company's accruals. Create a plan for committing the fraud.
Predict the major potential resulting damage to the company's financial statements from the fraud.
Describe the basic elements of a financial accounting information system.
Describe basic accrual accounting concepts, including the matching concept.
How do you use accrual concepts to analyze, record, and summarize transactions?
Describe how the accrual basis of accounting enhances the interpretation of financial statements.
Why are adjusting journal entries necessary? What would be the effect if a company failed to journalize and post adjusting entries?
Danielle Salomon invests in a 10-year ordinary annuity for a graduation present. She contacts her bank and tells them to open an account and automatically deposit $500 at the end of the first 5 years, and $1000 at the end of the remaining 5 years.
Zipcar is a highly successful new company specializing in a brand-new model for automobile rental services, allowing their customers long-term and flexible access to shared vehicles on a daily or hourly basis. Zipcar's innovative model allows those w..
App Store Co. issued 13-year bonds one year ago at a coupon rate of 6.5 percent. The bonds make semi-annual payments. If the YTM on these bonds is 5.4 percent, what is the current bond price?
Lycan, Inc., has 8.8 percent coupon bonds on the market that have 7 years left to maturity. The bonds make annual payments. If the YTM on these bonds is 10.8 percent, what is the current bond price?
How much would you have to invest today to receive?
Causes of Problems for Financial Institutions during the Financial Crisis: Briefly discuss the financial crisis. Determine and discuss the underlying causes of problems experienced by financial institutions during the recent financial crisis. Explain..
Calculate the after-tax cost of debt under each of the following conditions: Interest rate of 11%; tax rate of 20%.
His recently departed dear Aunt Annie, may she rest in peace, has left Tom a 6-year annuity paying $4,500 per year. He will receive the first payment 4 years from today. If he is discounting at 7% (EAR), what is the present value of his inheritance?
One way to calculate a stock's beta is to
A local finance company quotes an interest rate of 15.6 percent on one-year loans. So, if you borrow $36,000, the interest for the year will be $5,616. Is the interest rate on this loan 15.6 percent? What rate would legally have to be quoted? What is..
Radon Homes's current EPS is $6.16. It was $3.73 5 years ago. The company pays out 55% of its earnings as dividends, and the stock sells for $36. Calculate the historical growth rate in earnings.
What is the internal rate of return for the following project: an initial outlay of $10,500 resulting in a single cash inflow of $20,462 in 7 years?
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