GB 519 Unit 1 Discussion

Refering to case study 2 Fortunesareus Ethical Scenario. How can these below question be addressed. 1. What are the readily identifiable ethical issues for your decision?   2. Who are the key parties who can influence, or will be affected by, your decision? 3. What fundamental ethical principles for accountants are most applicable and is there an apparent conflict between them?   4. What would you do?

Chapter 10   Accounting Information Systems   Short Problem 10-3, page 394: Using the following table as a guide, describe for each function from Figure 10.1: A risk (an event or action that will cause the organization to fail to meet its goals/objectives) A control/process or use of technology that will address the risk.

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Question 1: What Would Your Accountant Say? The chief executive officer of a business start-up wants the firm to acquire an accounting information system. In response to this request, the firm’s purchasing officer stated, “We should put out bids for an AIS and select the least expensive bid that comports with our existing hardware.” You are the chief accounting officer for the company and your strongly disagree with the purchasing officer's plan. Why?

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QUESTION 39 Which of the following is incorrect:      A. The Market for Corporate Control is an important external mechanism for encouraging corporate managers to act in their shareholders’ best interests      B. GMU Dean Emeritus  Henry G. Manne developed the theoretical concept of "Market for Corporate Control"   C. The Market for Corporate Control was enacted into law by the Williams Act   D. The Market for Corporate Control protects rationally ignorant shareholders   E. None of the above