AU section 316 concentrates on the possibility of discovering fraud when auditing financial statements. The standard found in this Section details the responsibilities that auditors must fulfill in an audit pertaining to fraud. AU section 316 helps auditors understand the processes that need to be fulfilled as well as their responsibilities when performing an audit. In order to obtain reasonable assurance that the audit was conducted in compliance with AU Section 316‚ auditors must meet their obligation
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CLICK TO DOWNLOAD MAT540 Week 3 Homework Chapter 14 1. The Hoylake Rescue Squad receives an emergency call every 1‚ 2‚ 3‚ 4‚ 5‚ or 6 hours‚ according to the following probability distribution. The squad is on duty 24 hours per day‚ 7 days per week: Time Between Emergency Calls (hr.) Probability 1 0.05 2 0.10 3 0.30 4 0.30 5 0.20 6 0.05 1.00 a. Simulate the emergency calls for 3 days (note that this will require a “running”‚ or cumulative‚ hourly clock)‚ using
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Question #1: Please read Problem 3 at the end of Chapter 17 regarding the lawsuit by alleged thief Mr. Mapp against Gimbels Department Store. Under what theory might Mr. Mapp argue that Gimbels is liable for the assault committed against Mapp by Mr. DiDomenico‚ an employee of J.C. Penney’s? Would Mr. Mapp be successful under the theory you chose? Why or why not? Did the Gimbels security woman allow DiDomenico to assist in her store? Agency theory turns on a few items in a balancing act: (i) who
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You have received a business research study done by a consultant for a life insurance company. The study is a survey of customer satisfaction based on a sample of 600. You are asked to comment on its quality. What do you look for? The first aspect of the research study I would evaluate is the how the sample was selected. The criteria for choosing a 600 person sample size would need to be evaluated to ensure it was a random and fair sample. I would be interested to know how the researcher selected
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Administrative Ethics Paper Sharon M Flemming HCS 335 April 10‚ 2011 Professor Singel Administrative Ethics Paper As an Administrator working in the health care field there may be a number of issues that one will face. Understanding the legal and ethical obligations held by that administrative position will assist in the decision-making when dealing with these situations. The article chosen presents a case study highlighting the conflict between an individual ’s right to privacy and the
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Resolving Ethical Dilemmas Calvin L Harris Jr. ETH 316 15 November 2012 Marlon Spencer Resolving Ethical Dilemmas Ethical issues are inevitable because we live in a world of diversity. Diversity brings many beliefs‚ attitudes and personalities. As a result‚ ethical issues are common. They come in many shapes‚ sizes‚ and favors. Even though ethical issues cannot be prevented‚ ethical issues can be resolved because sound decisions can by considering ethical lenses to address and
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Week 3 Discussion Post: Read a scenario Resolving Ethical Business Challenges in the text on page 177 and then answer the discussion questions below. I am looking forward to some great discussions! 1. Describe Saul’s ethical dilemma? Saul is facing two types of ethical challenges: an ethical dilemma and an ethical decision. An ethical dilemma is a morally problematic situation in which you must choose between two or more alternatives that aren’t equally acceptable. The dilemma is characterized as
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Ethics Paper Week 5 ETHC 445 Today a decision needs to be made. We have three patients who are in dire need of a heart transplant and there is only one heart available. Decisions like this are never easy to make and there is no right answer‚ because no matter the choice there will be two people left with little hope to live. However it is my duty and my responsibility to make that choice in a timely manner so that someone may benefit from the heart that is available
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informants and the most plausible leaked documents may turn out to be part of a conspiracy ploy. Simple game-theory tools can go some way toward restoring common sense. People in business may not mean what they say but‚ unlike the secretive rulers of the old Soviet Union‚ they mostly make sense. Though both Boeing and Airbus engaged in successive puzzling activities in the "superjumbo" game‚ they may reveal in the end
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Christian Ethics Project #3 1. The biblical basis of Jubilee 2000’s call for the immediate canceling of all debts of HIPC’s is found in Leviticus. This bible book states that “you shall not oppress one another.” Also in the book of Leviticus in the case of someone who becomes poor and in turn to sells his possessions then his relative may redeem the possessions he sold. Or if the man has no one to redeem it but he himself becomes able to redeem it then let him count the years since the sale
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