Write a Paper including the concise answers for each of the questions below based on Marriott International,
Question:
Write a Paper including the concise answers for each of the questions below based on Marriott International, Inc. Form 10-K, for the year ending December 31, 2020. The objectives of this graded assignment are to: a) increase your understanding of the SEC’s financial accounting and reporting requirements for publicly-held companies; and b) to help you improve your communication skills.
1. What policies and procedures are included in the company’s internal control over financial reporting?
2. What did company management conclude about the company’s internal control over financial reporting?
3. How does the company allocate the purchase price of an acquisition to the assets acquired and liabilities assumed?
Financial Accounting An Integrated Statements Approach
ISBN: 978-0324312119
2nd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren