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Mona, a newly-licensed CPA, who set up an office in South Beach, provides various accounting services to Cardozo Corporation. The services include preparing Cardozo’s financial reports and audit opinions based on the reports. In 2015, Cardozo falls into serious financial trouble, but neither Mona's reports nor her audit opinion letters indicate this situation. Relying on Mona’s work product of Cardozo’s financial situation, BancoAmerico loans Cardozo Corporation a three million dollars to build a new manufacturing facility, and Wright Machinery supplies (on credit) heavy-duty industrial equipment to Cardozo Corporation to build the facility. During the course of her engagement, Mona is aware of the fact that her work product would be used to secure a loan from a bank, but she did not know the exact bank from which credit was requested or how much money the Cardozo was requesting from the bank; furthermore, she did not know that her reports would be distributed to any other party, including Wright Machinery. If Mona did not engage in actual fraud, but was merely negligent in her preparation of the financial reports and audits, what is her potential liability to BancoAmerico? What is her potential liability to Wright Machinery? What is her potential common law liability any other third parties who relied on her reports? Discuss,
Consider a 30-year corporate bond paying 9 percent semi-annual coupon. The current yield to maturity is 11 percent. Find the modified duration. Refer to part a. If the interest changes by 25 basis points, what is the exact change in price?
"Fast Food Franchise" Please respond to the following: Choose two fast food franchises, such as McDonalds and Burger King, and examine their facility layouts. Compare and contrast both food franchises, and discuss the differences in their layouts.
What information should be included in a realistic job preview by a firm seeking to attract the best college graduates? Does your answer depend on the type of industry? On the geographic location? On whether it includes an overseas assignment? Expla..
American Capitalism. Is a large discrepancy between executive pay and that of the average worker unfair to the worker? Is it unfair to increase a CEO's compensation at the same time that he or she downsizes
keep the level of detail for these activities general, rather than specific. Be sure to indicate some degree of precedence relationship among the activities
Professional Liability. Discuss a situation in which an individual in a Medical assisting profession might be held liable for negligence. Also discuss ways to proactively avoid or prevent negligence in the profession that you selected.
Should an organization provide reference information for former employees? Why or why not? What selection methods are most valid? Should employers test employees for drugs? Why or why not? Are integrity tests fair and accurate?
Create a public relations campaign for a financial institution that has recently received negative exposure in the media pertaining to its lack of responsiveness to those wishing to modify existing home loans. The goal of your campaign is to influenc..
A couple of the topics we discussed was authentication and authorization. Is it possible to have authorization without authentication? Justify your response. Discuss biometrics. Identify the most widely used technology and why this is the case.
One characteristic of products that consumers used to value was that products were made to last. Now with technology products like cell phones, video games and tv's and there is an up comeing new version of the product to come out soon. Many consumer..
A firm hosts eCommerce transactions for other companies. The firm processes credit purchases supporting most major credit cards and is known as an inexpensive alternative to other larger competitors. Describe a positive and negative risk event, the r..
A= Poor electrolyte coverage B=Improper lamination C= Low copper plating D= Plating separation E= Improper etching For 50 circuit boards that had been rejected last month.
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