1. Retrieve the SEC's complaint against ClearOne Communications, Inc. (www.sec.gov/ litigation/litreleases/lr17934.htm). Describe management's scheme for inflating revenue.
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- Corporate Social Responsibility has been defined as a “firm’s intelligent and objective concern for the welfare of society; such concern should entail a firm contributing to human betterment, by using its profit to address issues of concern to society and/or a firm to restraining from behaviour and activities that are harmful to society, no matter how immediately profitable such behaviour or activities might be”. Required: Describe the relationship between strategy and corporate social responsibility Explain how a firm’s cooperation in matters of taxes, bribery and corruption may constitute corporate social responsibilityErnst & Young to Pay $100 Million Penalty for Employees Cheating on CPAEthics Exams and Misleading InvestigationLargest Penalty Ever Imposed by SEC Against an Audit FirmWashington D.C., June 28, 2022The Securities and Exchange Commission today charged Ernst & Young LLP (EY) forcheating by its audit professionals on exams required to obtain and maintain CertifiedPublic Accountant (CPA) licenses, and for withholding evidence of this misconductfrom the SEC’s Enforcement Division during the Division’s investigation of the matter.EY admits the facts underlying the SEC’s charges and agrees to pay a $100 millionpenalty and undertake extensive remedial measures to fix the firm’s ethical issues.“This action involves breaches of trust by gatekeepers within the gatekeeper entrustedto audit many of our Nation’s public companies. It’s simply outrageous that the veryprofessionals responsible for catching cheating by clients cheated on ethics exams ofall things,” said Gurbir S. Grewal,…Which of the following correctly categorizes the items as entity level factors and industry/economic effect factors? O Entity level factors; 1, 4, 6; Industry/Economic effect factors; 2, 3, 5, 7,8 O Entity level factors; 3, 4, 6; Industry/Economic effect factors; 1, 2, 5, 7, 8 O Entity level factors; 1, 3, 4, 5, 6; Industry/Economic effect factors; 2, 7, 8 O Entity level factors; 1, 3, 4, 6; Industry/Economic effect factors; 2, 5, 7, 8 O Entity level factors; 1, 4; Industry/Economic effect factors; 2, 3, 5, 6, 7, 8 O Entity level factors; 1, 2 3, 4, 6, 7; Industry/Economic effect factors; 5, 8
- Give three circumstances where respondeat superior does not apply and an agent will be liable to a third party. (Do not give examples Edit View Insert Format Tools Table 12pt v Paragraph v BIU Av2v T² v p Question 22 Name 5 events by law or by will that terminate an agency: 8: با هم ସା ៨ Da Ev D 0For tax purposes, assume that the maximum taxable earnings are $118,500 for Social Security and $7,000 for the unemployment tax and that all earnings are taxable for Medicare. For the payroll register for the month of November for Shelby, Inc., determine the taxable earnings for each employee. If an amount is zero, enter "0". NAME BEGINNING CUMULATIVE EARNINGS TOTAL EARNINGS ENDING CUMULATIVE EARNINGS TAXABLE EARNINGS UNEMPLOYMENT SOCIAL SECURITY MEDICARE Axton, C. 109,798.00 10,668.00 120,466.00 Edgar, E. 145,398.00 19,392.00 164,790.00 0 Gorman, L. 36,979.00 3,041.00 40,020.00 0 Jolson, R. 24,149.00 2,440.00 26,589.00 Nixel, P. 6,813.00 2,214.00 9,027.00 Feedback Check My Work First, make sure that the amount of beginning Cumulative Earnings plus the total earnings for this pay period do not exceed the maximum amount for Social Security. If they do, only multiply the percentage times the amount that brings you to the maximum amount. For example: Beginning cumulative amount =…Pls help ASAP