Using the Web site edgarscan.pwcglobal.com/servlets/edgarscan, enter “Hershey Foods.” Click on Hershey Foods Corp. and then click on 10-K 2004–12–31. Fetch the entire 10-K filing by clicking on text rich (724K). Once the 10-K filing appears, find the “Management Report on Internal Control over Financial Reporting” by searching the document for the key words “internal control” using the Word “Find” command, and answer the following questions:
1. How many times is “internal control” mentioned in Hershey’s 10-K?
2. Are there any recent changes in internal control over financial reporting?
3. What criteria were used by management to analyze and assess internal control as a basis for the “Management Report on Internal Control over Financial Reporting”?
4. Who signed the “Management Report on Internal Control over Financial Reporting” on behalf of Hershey’s management?
5. Do Hershey’s internal controls guarantee its financial reporting is complete and accurate?
6. Who is Hershey’s independent public accounting firm?
7. What do 10-K Exhibits 31.1 and 31.2 say about the possible existence of fraud?