All Matches

Solution Library

Expert Answer

Textbooks

Search Textbook questions, tutors and Books

Oops, something went wrong!

Change your search query and then try again

Result Not Found

Books FREE
Tutors
Study Help
Ask a Question

Search
Sign In
Register

study help
business
organizational behavior

Questions and Answers of Organizational Behavior

Your supervisor at work deliberately falsified how an illegal kickback payment the company made to a government official was reported. When others in your department went to lunch at a nearby
Marilyn Greenen, a Washington State CPA, kept her ex-husband on her employer-provided health insurance policy, knowing that he no longer was a qualified family member entitled to coverage. Her
The IFAC Code of Ethics prohibits professional accountants from marketing promotions that "bring the profession into disrepute. This prohibition encompasses "disparaging remarks ...to the work of
You are a CPA who provides bookkeeping services to a small home remodeling company. This client principally uses its financial statements only for internal decision making. Recently, however, to
A standard unqualified audit opinion states that financial statements "present fairly" a company's results "in accordance with generally accepted accounting principles." Does following GAAP
Why was the Continental Vending case so important to the accounting profession?
Could a difference of less than one-tenth of a per cent in a company's Sales ever be considered material? In what circumstances?
Your financial planning client is a wealthy entrepreneur who owns diverse businesses and real estate holdings. This client is concerned with the market value of his assets and has no desire to read
In a lawsuit filed by the Estate of Michael Jackson on behalf of his children, the plaintiffs' accounting expert had to forecast the lost earnings that resulted from his death. What factors would you
An international banana grower owns a large plantation in a Latin American country. Due to political upheaval in that country, the government of that country might expropriate land ownership for
In a landmark U.S. Supreme Court case, Price Waterhouse, CPAs v. Hopkins, a senior accountant was denied a promotion to partner at a major CPA firm because, according to one evaluation, she needed to
A staff accountant with a large corporation wrote a book in which he proudly admits that, as tax deadlines approached, he "popped illegal amphetamines" and "frankly was stoned" when he was preparing
Various disciplinary committees are considering whether the following three accountants committed discreditable acts: • The first accountant is an Enrolled Agent who deposited a client's tax refund
An unmarried, gay couple recently attempted to rent an apartment from a landlord who happens to be a CPA. The CPA told them that they would make "wonderful tenants," but she could not rent to them
The head of the accounting department at a mid-size corporation refuses to promote workers of Portuguese heritage with solid performance records because he does not believe that they "ever are
Your client is a gun manufacturer. Due to the tragic nature of gun violence, many citizens have threatened to protest against your client. However, your client's manufacturing plant is located in
Your tax advisory client is an active securities trader. She just told you she intends to spread a rumor that a Middle Eastern sheik is planning to buy a controlling interest in Technotrilogy stock.
You recently become a partner in a local CPA firm. Your firm provides a wide range of professional services, but your firm is best known in the business community for its expertise in loan workouts,
Under GAAP, contingent liabilities have to be accrued on a company's balance sheet if they are "probable and "can be reasonably estimated." During the course of performing a company's annual audit,
You discovered material errors in your client's audited statements for prior years. The CPA firm that performed the audit was reckless, in your opinion. You would like to disclose this other firm's
A former client just sued you for malpractice. Fortunately, you have malpractice insurance, so the costs of defending this legal action and any possible costs of settlement or liability will be borne
Toby, CPA is representing his client in a critical, time-sensitive negotiation. Toby had expected his client to attend a meeting with Dunbart, the opposing party, but Toby's client called him to say
A 19-year-old staff member at your accounting firm went into your computer system and copied the names, addresses, and identifying numbers of clients who pay by your firm by credit card. As a result
A manufacturing client hired you to prepare a property tax report. During the course of your discussions, the client told you that it made certain improvements to its production facilities without
Should there be an accountant-client privilege in every state? Discuss the pros and cons.
Your clients applied to the Portland Housing Authority to obtain a government-subsidized apartment and were approved. As part of the approval process, your clients submitted a statement of income and
Injured workers have filed numerous workers' compensation claims against your audit client. In reviewing medical exams filed in connection with these claims, you noticed that one of these former
While you were at client's production facility, you noticed that factory personnel were taking hazardous chemicals and dumping them in a forest area behind the facility. Based on a microbiology class
Your former accounting professor recently contacted you because she knows that you currently work for an accounting firm that performs compilation services for several privately held mining
Your client, a French pharmaceutical manufacturer, is about to release a blockbuster new drug that inhibits the growth of certain tumors. While auditing this company, you happened to overhear
The Commodities Futures Trading Commission, or CFTC, is a respected federal agency that oversees trades in futures contracts for commodities such as wheat and cotton. You have several clients in Iowa
A CPA wants to entice a small cable television company to become a client. During the course of their discussions, the CPA mentioned that he is very familiar with the communications industry because
During the course of auditing a telecommunication hardware company, you learned a great deal about typical credit terms and profit margins in that industry. You now have been hired by a small
During the course of preparing budgeting projections in a consulting engagement, you learned that your client might be engaged in illegal price-fixing with its distributors and franchisees. The
Indicate if independence is required for an accountant to perform the following tasks: a. Render tax advice to a non-audit client b. Issue an audit opinion concerning a government-run airport c.
In a lawsuit between a Bottomfisher Bank and Cellular Dynamico, a question has arisen whether Cellular Dynamico's bookkeeping staff routinely recorded a journal entry in the ordinary course of
After a fee dispute arose between a CPA firm and its client, the parties agreed to discuss their dispute confidentially with a retired federal judge in mediation. As of now, the parties have not
Your audit client was thrilled with your audit team's efficiency and slightly wacky sense of humor. On the day that the client's audited statements were issued, the client's Controller invited all of
When a member of your review client's accounting staff quit abruptly, you agreed to "help out" by preparing customer invoices and verifying shipping documents and warehouse receipts. Was your
A CPA firm audits a large international bank. The bank has agreed to give a home mortgage loan to a senior manager at the CPA firm. The senior manager has stated that she "does not have any
Consider the following prose: I am ferocious, hear me roar My professional skepticism is tough to the core I may look like a pussycat, but I'm a lion on the inside, dude Who cares about appearances
A CPA firm maintains its savings and checking accounts at Columbus Bank. The CPA firm also is negotiating to become this bank's auditor. Does the CPA firm meet the independence requirements to audit
A CPA audits a well-known New York bank and also uses a credit card issued by that bank. The CPA makes purchases using the credit card near the start of a month, but always pays her outstanding
You plan to issue an audit report next month. Your client still owes you $20,000 for performing last year's audit, and you do not expect to collect all of these fees by the expected issuance date of
Ratha Gupta is a sole practitioner CPA. Ratha has a profitable audit client that operates a chain of hospitals in Arizona. This client also owns 65% of a hematology testing laboratory in Mexico. This
What steps would you recommend that the auditing profession take to minimize the impact of moral seduction?
Is an auditor allowed to own a direct interest in an audit client? Is ownership of an indirect interest permitted? What is the difference between direct and indirect interests?
When Ramin was growing up in a small suburb of Boston, he was best friends with his cousin Saureb. Both boys played soccer on the same school team. Their parents even held joint birthday parties for
Your college friend has always respected your financial acumen as a CPA. As a result, when your college friend formed his business in February, he asked you to serve on the company's Board of
Ryan and Darla are married. Darla is partner at Ernst and Notold, CPAs, where she serves as the lead engagement partner on the audit of Mortis Company. Darla does not own any stock in Mortis Company,
A CPA firm has numerous partners, all of whom work out of the firm's sole office in New York City. Jeannie is the lead attest partner on the audit of Bell Bank, a small financial institution located
Sterling, CPAs has offices in major cities throughout the United States. Julieanne, a partner at Sterling, has a brother named Hudson who recently accepted a position as CFO of Tivoli Gardens, Inc.
Bob is an accounting supervisor who works in Jimenco's tax department. Sharon is a partner at Delight, CPAs, and Delight, CPAs audits Jimenco. Recently, Bob asked Sharon if he could "make some extra
Eldridge Elderly retired from the active practice of public accounting last year. As part of his retirement, he received a buyout package from his former CPA firm that pays him $300,000 per year for
The lead attest partner, Lisha, on an audit engagement recently got married to Samid. a. If Lisha's husband is a sales representative for one of Lisha's attest clients, is her independence
When you recently were dining at a restaurant, you asked your food server whether the seafood appetizer uses fresh, top-quality crab and shrimp, or whether you should just skip ordering an appetizer.
A CPA firm has been retained by a major corporation to analyze whether its bank overcharged it interest on a bank loan, in violation of Oregon usury laws which establish maximum interest rates. This
In response to a new banking regulation, the consulting department of your CPA firm has been retained to determine the amounts that a bank client overcharged customers on their credit cards. A
Ryan and Kim are married and commute to and from work together each day. Ryan, a CPA, works in the Project Budgeting Department of Carson Company and his wife Kim works as an engineer in the
Your employer, Megan Manufacturing, has asked you to negotiate the sale of certain tangible fixed assets to a German company. When you were discussing this sale, Kyle, the German company's
You have a very outgoing personality and are extremely friendly with a staff member named Adelana. Adelana reports directly to you in the company's Billing Department. You are a CPA, but Adelana is
A company pays bonuses to its production employees based on them achieving favorable standard cost variances.a. Does company management have a conflict of interest in setting these standard costs?b.
Dalbeck, a CPA, serves on the Alumni Admissions Committee of his alma mater. As part of his duties, he interviews and evaluates applicants for this prestigious college and ranks them on a scale of 1
Great Deals on Earth, a chain of office supply stores, sells paper shredders. Its profit margin on paper shredders is $40. If a salesperson successfully sells a customer extended warranty coverage,
A doctor has recommended that you have a CAT scan procedure to see if you suffered a concussion in a recent auto accident. The doctor has informed you that she wants you to get a CAT scan procedure
You have been retained to testify as a damages expert at a binding arbitration about the financial loss your client sustained when a supplier shipped it defective raw materials. Several days before
During a period of cognitive overload, is it advisable, or not advisable, to make ethical decisions?
An Enrolled Agent serves private-sector clients in her professional practice located in Norfolk, Tennessee. Prior to working in the private sector, she worked as a sales tax auditor for the state of
A large publicly traded company encourages its production-line employees to invest their tax-deferred retirement money in the company's own stock. The company believes that this creates an allegiance
You have prepared the tax return for a married couple for many years. This couple now has approached you with the question: "Should we file married filing jointly or married filing separately?" You
When your clients need tax-sheltered life insurance coverage, you always recommend a particular insurance agent. This agent appreciates your referrals and frequently refers clients who need
X and Y are about to start an online ad placement service that they will conduct as a partnership. X is contributing substantially fewer tangible assets to the partnership than Y is contributing, but
Mr. Bayfront has a listing to sell a townhouse. When sold, his commission will equal 3% of the selling price. These townhouses sell quickly when they are priced at $120,000, but it can take months of
An insurance company issued a malpractice policy to an accountant. The malpractice policy covers the accountant's liability for negligence to clients, up to the maximum $1 million face amount of the
Huang started a small CPA firm several decades ago when he immigrated to the United States. Now, he is the managing partner of the firm, which has grown to have 40 partners and over 90 professional
A CPA became fascinated by the precious metals trading industry while auditing a client in that industry. A few years later, this CPA discontinued the practice of accounting and become an independent
A prospective client called Yavorsky, Nick, and Associates, a full-service accounting firm where you work, to obtain a quote for bookkeeping services. During your phone call, the client told you that
Before issuance, most corporate and governmental bonds receive a credit rating that usually ranges from a high of triple-A down to B-. Nearly all bond ratings are issued by one of three credit rating
Varda operates a financial advisory firm that gives advice to small business owners. Varda prepared a loan amortization schedule that assisted Gupta in winning a court judgment against Nguyen for
"Sleazy" Slenoso, is a convicted ex-governor who has been indicted by a federal grand jury for running a Ponzi scheme that cost investors millions of dollars. As part of the government's allegations,
You and your client have agreed to jointly buy an apartment building. Your client respects your knowledge of real estate financing and has always looked to you for financial advice. Do you have a
You are the accountant for a very successful import brokerage business. Customer goodwill is its largest asset. The three co-owners wish to enter into a buy-sell agreement that will require the
Most of the employees at a factory are unrepresented by a union, but about 10% with specialized skills are unionized. All of the employees believe that their employer has not been abiding by state
What personality traits would you expect a whistleblower to typically possess? Do you have those traits?
What are the advantages of a setting up a whistleblower reporting system that allows individuals to report anonymously? Would a system in which people have to identify themselves be better in any
When you were at the office late at night, you were shocked to see a colleague in the Government Contract Accounting Verification Department make derogatory remarks about a fellow employee's
As a junior staff accountant for a publicly-traded corporation, you were shocked when your department head told you to book January sales shipments as if they had occurred in December so the company
A prospective new client literally walked up to your CPA firm's reception desk, and asked to speak with you. She proceeded to tell you about her "scummy" ex-boyfriend's under-the-table unreported
You filed a whistleblower complaint with the IRS. The IRS estimates that there is an 80% chance that it will be able to recover $3 million from the wrongdoer. The IRS also estimates that it will have
When an auditor performed an inventory count at a privately-owned medical supply company, it observed that some of the waste from radioactive isotopes produced at that facility three years appeared
You are a young accounting staff member at Wackyo.com, a publicly traded company that recently had its Initial Public Offering. When the corporation recently "issued earnings guidance" for the
Two employees at a large nonprofit organization recurrently have observed the Chief Recruiter for their company extend job offers to prospective employees who are members of the Chief Recruiter's
Matthew Moral, the CFO of Stargem, Inc., a listed New York Stock Exchange media company, faced a dilemma: Should he have certified the reliability of the company's financial statements in accordance
Your buddy mentioned that she is thinking about suing under the qui tam law. You are not sure what that is. a. What is a qui tam provision? b. Can employees who do not work for the government sue
The Code of Conduct in use at a well-known national tax preparation firm says that, if you are contacted by law enforcement, a governmental agency such as the IRS, SEC, or FBI; or the media about
The Audit Committee of a publicly traded is comprised of three members. One of the members is a retired Chief Financial Officer of a global bank headquartered in New York. She has extensive
"Auditors, like a good set of car tires, need to be rotated every so often." a. Under what circumstances, if any, must a lead audit partner be rotated? b. Under what circumstances, if any, must a
PCAOB inspectors discovered that, in making proposals to potential audit clients, a large accounting firm used the following phrases: • Your auditor should be your partner in supporting and helping
Joyce spent the last three months working as part of an engagement team that was auditing Vintage by Jessica, a fast-growing, publicly traded, high-fashion cosmetics company headquartered in the
A CFO and CEO potentially are subject to huge financial penalties if they incorrectly certify to the SEC that their company's internal controls function properly, and they do not. They similarly are

Showing 5700 - 5800 of 6232

First
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63

Get In Touch

About Us
Contact Us
Career
Jobs
FAQ
Campus Ambassador

Company Info

Security
Copyrights
Privacy Policy
Terms & Condition
SolutionInn Fee
Scholarship

Services

Sitemap
Fun
Definitions
Become Tutor
Study Help Categories
Recent Questions
Expert Questions

Copyright © 2024 SolutionInn All Rights Reserved.

Get the SolutionInn - Study Help App