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    Exam 2 Notes

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    Papers Alexander Hamilton‚ James‚ Madison‚ John Jay (Publius) Fall 1787-Spring 1789 Federalist 10 (Madison) An analysis of nature‚ causes‚ and effects of factions and a search for a way to control them. “Curing the Mischiefs” 1. Remove the cause 2. Control the effects Propaganda- takes them from where they are to where they want them to be. Wants reader to approve ratifications of constitution. If we can eliminate the cause (freedom‚ or making everyone equal) of factions‚ we won’t have them

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    Exam 1 Review

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    is Aeromicrobiology? a. Study of microorganisms present in the air b. Indoor and outdoor air c. Airborne transmission of environmentally relevant microorganisms i. Bacteria‚ viruses‚ fungi‚ yeasts‚ and protozoans 2. Name one airborne microbial toxin? d. Eg. Toxin from Clostridium botulinum – potential biological warfare agent e. Neurotoxin f. Lethal dose – 0.3 µg by inhalation 3. Is lipopolysaccharide an airborne microbial toxin? What

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    An Overview of Auditing

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    Chapter 1 An overview of auditing Multiple Choice 1. The three major professional accounting bodies in Australia are: a. ICAA‚ CPA and ASIC. b. CPA Australia‚ NIA and AARF. c. ATO‚ AUASB and ASIC. d. ICAA‚ CPA Australia and NIA. The correct option is d. Feedback: Section 1.3 The auditing environment 2. Which body has a mission ‘to develop‚ in the public interest‚ high-quality auditing and assurance standards and related guidance to enhance the relevance‚ reliability and timeliness

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    Importance of Auditing

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    Does Auditing Matter? Janice Rhodora P. Carpentero La Salle University and Eljoy Delos Santos La Salle University May 22‚ 2013 Does Auditing Matter? SUMMARY: The scrutiny auditing has received post-Enron provides compelling evidence that auditing does matter‚ to answer the rhetorical question posed by the paper’s title. What is unclear‚ however‚ is whether auditing was sufficiently “broken” in the first place to warrant the radical reforms and changes effected

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    Statistics Exam Review

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    variance s2 of a set of observations is the average of the squares of the deviations of the observations from their mean. In symbols‚ the variance of n observations X1‚ X2‚ …‚ Xn is CLASS 1: Two basic types of data: 1) Quantitative – Response is a #; 2) Qualitative (categorical) – original question being asked is not a number‚ usually a word; “what % fell into each category. Different types of quantitative data: 1. Ratio has a point of origin‚ like on the kelvin scale the 0 means a complete absence

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    Auditing

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    I THE RED FLAGS and the Allegations by the SEC -1996‚ Ruttenberge family sold a large chunk of stocks for $49.6m on the second public offering while the financial statements continuously showed positive trends - The financial statements analysis - Cash flows were negative while profit was reported. Early 1999‚ liqutity problem arised‚ sold $200M of high-yield or Junk bonds in mid 1999. - Justice Department: Adam Gilburne: guilty to conspriracy to commit wire and securities fraud to inflate

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    Module 2 review

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    Module 2 Exam Review -Please note the number in parenthesis is the lesson the answer can be found in./ 1. What is the study of motion called? (2.00) 2. All motion is relative to what? (2.01) 3. Define instantaneous and average speed and give examples. (2.01‚ 2.02) 4. Look at the graph below; be able to explain what quantity is the slope of a “Position versus Time” represents what the average speed for the first hour is‚ what distance is covered during each time interval‚ and what a horizontal

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    Geology Exam Review

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    TERMS AGATE: an ornamental stone consisting of a hard variety of chalcedony‚ typically banded in appearance. AGENTS OF METAMORPHISM: heat‚ pressure‚ chemicals AGENTS OF TRANSPORTATION: wind‚ ice‚ water AMPHIBOLE: any of a class of rock-forming silicate or aluminosilicate minerals typically occurring as fibrous or columnar crystals. ANDESITE: a dark‚ fine-grained‚ brown or grayish volcanic rock that is intermediate in composition between rhyolite and basalt. ANTHRACITE: coal of a hard

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    auditing

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    earnings expectations Stock ownership benefits Retirement benefits Performance based bonuses Maintain growing stock price Maintain industry leadership Maintain reputation Opportunities: Able to use a lot of estimates in depreciation of PPE (over 1/2 of assets) Accounting firm (Arthur Andersen) thought of Waste Management as a crown jewel and would be lenient to keep from losing their account‚ working together since before 1971. Lot of former Andersen employees were working at Waste Management CFO

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    Final Exam Review

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    main sections: one dealing with operating expenses‚ another dealing with financial activities‚ and another dealing with investment activities? a. Income statement b. Retained earnings statement c. Balance sheet d. Statement of cash flows 2. Which of the following lists the main sections of the statement of cash flows? a. Operations‚ investment‚ and credit activities b. Investments‚ credit‚ and cash operations c. Operations‚ investment‚ and financial activities d. Financing

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