Factors that enable corporate executives to manipulate financial statements

Q: The fundamental characteristic of the corporateform of business organization that gives rise to the…

A: Answer:- Correct option is A.the seperation of ownership and control

Q: The audit committee is usually responsible for monitoring the: a) Effectiveness of financial control…

A: An organization's board of directors committee known as the audit committee is in charge of choosing…

Q: corporate social responsibility

A: 1) Corporate social responsibility (CSR) is a term used to describe a company’s efforts to improve…

Q: Reasons (Why) corporate executives manipulate financial statements

A: Manipulation of financial statements involve altering the financial records of a company so as to…

Q: Which of the following is not an incentive for company managers to exercise their accounting…

A: Allowing corporate officials to manage the disclosure of accounting information through the use of…

Q: Explain the factors that cause fraud in managerial accounting.

A: Introduction: The discussion about fraud: Consideration of Fraud in a Financial Statement Audit the…

Q: corporate valuation tools

A: Determining the market value of a publicly-traded company can be done by multiplying its stock price…

Q: What is corporate governance? How does corporate governance affect the returns generated for…

A: Corporate governance is an importance concept in corporate finance.

Q: Which of the following is NOT a dimension of corporate governance:     Select one: a. Suppliers…

A: Corporate Governance Corporate governance is a structure or a system of organization's rules,…

Q: The functions reporting to the CFO sometimes are grouped together and referred to as corporate…

A: Answer:- CFO:- A top executive in charge of overseeing a company's financial operations is referred…

Q: Managers of corporations don’t always takeactions that are in the best interest of the corporation’s…

A: Some of the actions that are taken by the manager that are not in the corporation owner’s best…

Q: Corporate governance is concerned with:

A: Corporate Governance is a set of principles, systems and, processes that make sure that a company is…

Q: Definition of a financial shenanigan, and a list of potential financial shenanigans that corporate…

A: financial shenanigan Financial shenanigans are management tactics that deceive investors about a…

Q: If an organization’s operations rely heavily on the specialized expertise of its management team,…

A: To generate income, an entity has to manage its team at all the levels and must rely on the assets…

Q: How might stockholders use information  to manage business operations ?

A: Stockholders:- Stockholders are those who invested in the company's shares and equity. They are the…

Q: Corporate managers sometimes use dividends as a tool for communicating with the market. Discuss.

A: Dividend: It is revenue which is distributed by the company to his shareholder. When a company is…

Q: What are some limitations of financial statement analysis for formulating corporate plans and…

A: Financial statements: Financial statements are condensed summary of transactions communicated in the…

Q: The objectives of financial reporting for business enterprises are based on the need for…

A: Financial reporting is the financial result of an organisation. Financial result include cash flow…

Q: How has the Sarbanes-Oxley Act had a significant impact on corporate governance?

A: Auditing: In auditing, auditors verify the correctness and fair presentation of financial…

Q: A company’s controller is least concerned with: a. Provision of capital b. Information processing…

A: Controllers refer to a person in a company who managed the financial departments which is helpful in…

Q: Explain the concepts of USEFULNESS and LIMITATIONS of the corporate balance sheets

A: Balance sheet: Balance Sheet is one of the financial statements that summarize the assets, the…

Q: Why are vice presidents and other executive managers who are privy to financial performance data…

A: Securities and Exchange Commission (SEC) is the U.S.-based independent federal body that is…

Q: When financial statements are used by shareholders and investors to evaluate the performance of a…

A: Stewardship Function refers to the use of  financal statements by shareholders and investors to…

Q: Identify any corporate governance issues that hinder smooth financial management that prevail in…

A: What is Corporate governance? Corporate governance is the system, process and practices by which…

Q: What are some of the responsibilities of the Chief Financial Officer (CFO)?

A: Chief financial officer is highly responsible position in the company and main duties are related to…

Q: What is the primary purpose of Corporate Social Responsibility (CSR) reporting in accounting? a) To…

A: Corporate Social Responsibility (CSR) refers to a company's commitment to operate ethically and…