What is the biggest cause for the orange county failure?

Q: Which of the following would be best considered to be an agency conflict problem in the behavior of…

A: Agency problem exist in the corporation due to the fact the owners of company and managers are…

Q: What is a Material Weakness?

A: Material Weakness: Material weakness is the often the result of deficiencies in one or more of a…

Q: How is EDI more than technology? What unique control problems may it pose?

A:

Q: What is the risk of Incorrect Rejection?

A: Risk of incorrect acceptance of internal control reliability and risk of incorrect acceptance of…

Q: What is management fraud?

A: Fraud:   It is an intentional misappropriation of the assets or the financial records of an…

Q: Why is poor-quality systems documentation a prevalent problem?

A: Computer Based Information System: Computer based information system refers to the record of data…

Q: Disadvantage of institutional based correction

A: Following is the answer to the given question

Q: why the Bretton Woods System collapse

A: Bretton Woods System: At the end of the Second World War, leaders of 44 nations met for a conference…

Q: Which of the following factors will most likely have a negative impact or

A: Functions of Budget: Planning: It facilitates planning for future activities. Controlling: Budgets…

Q: What are the disadvantages of a Double Entry System?

A: Double entry system is a method of keeping records of transaction in the books of accounts, where…

Q: definition of political risk and how mitigate it?

A: Political risk are risk arising due to political parties of countries with change in government…

Q: How can a poorly designed database result in unintentional loss of critical records?

A:

Q: What two types of exposures can close supervision of the receiving department reduce?

A:

Q: Give an explanation about this statement: Why does control or internal control fails?

A: Internal control refers to the process of implementing and exercising the various mechanisms, rules,…

Q: What should a MNC do to prevent bribery?

A: Bribery is the act of giving or receiving something of value in exchange for some kind of influence…

Q: What are some main reasons for government shutdown? List and briefly explain at least 3 such…

A: Government Shutdown means reduction in the agency activities and services of the government as well…

Q: What is Normal spoilage?

A: Definition:   Spoilage: Spoilage is the defective item at intermediate or final stage. The spoilage…

Q: Explain the problems associated with questionable executive compensation schemes.

A: Fraud: Fraud refers to a malicious act done by people to fulfill their own personal benefits. In…

Q: what is the most critical risks in enrollment process in a school and what should be the internal…

A: Internal control refers to the process of exercising and formulating various policies incorporated…

Q: What is the risk of Incorrect Acceptance?

A: Risk of incorrect acceptance: The risk that the sample selected by the auditor may show that there…

Q: What are the root cause of conservatism bias?

A: The root cause of Conservatism bias is a strong belief system. As investors, it is difficult to…

Q: The following questions/inquiries can be used in determining risk, EXCEPT: CHOICES: A)What is the…

A: A risk is something that could affect the entity from achieving its goals and objectives. For the…

Q: What is a Control Deficiency?

A:

Q: What are the risks from subversive threats?

A: Taking illegal access over a firm internal system network by doing activity of surpassing the…

Q: Identify and explain one major disadvantage of incorporating.

A: Incorporating is a legal and systematic method for the formation of a separate business entity for…

Q: Why are these coming up as wrong?

A: Step 1 Journal is the part of book keeping. In this Interest is due or outstanding at market rate…

Q: Enron's governance system failed to work properly.  Provide at least two examples of this failure…

A: Enron was the largest (Billions dollar) scandal in the history of the U.S. Enron was an…

Q: What is required if a Material Weakness is identified?

A:

Q: What are (a) an internal control deficiency, (b) a significant deficiency, and (c) a material…

A:

Q: Should standards be used to identify who to blame for problems?

A: Standards are set to identify whether the actual activity is performed efficiently. The variances…

Q: What are valid weaknesses of NPO?

A: Not for profit organization have certain weaknesses. some for them are- 1. Limited Purposes In order…

Q: What are the computer ethical issues regarding unemployment and displacement?

A: Computer Ethical Issues Regarding Unemployment and Displacement In a new age of technology world,…

Q: What is the iceberg effect? How can CASE tools help to minimize this phenomenon?

A: The Iceberg Principle or Iceberg Theory is a hypothesis that proposes that we can't see or recognize…

Q: Which of the following disaster recovery techniques may be least optimal in the case of a widespread…

A: Answer: b. ROC

Q: What does Unbundling entail reducing?

A: Unbundling is the process of selling, changing, or cutting assets, product lines, divisions, or…

Q: When an ERP implementation fails, who is to blame? Is it the software manufacturer, the client firm,…

A:

Q: what are the advantages and disadvantages of decentralization?

A: Decentralization: When the power of decision making is transferred from the higher authority to…

Q: What are the characteristics of an effective recovery strategy in the event of a disaster?

A: Technological advancements in business have increased the potential risk to business. Its existence,…

Q: What are some of the immediate disruptions accountants are facing today because of the coronavirus?

A: Major areas for accountants and auditors are maintenance of accounting books, preparation of…

Q: How avoid Enron scandal? Explain.

A: The Enron scandal was an accounting scandal involving Enron Corporation. It is one of the biggest…

Q: Which one of the following costs is most likely to be deductible? Group of answer choices Fines paid…

A: Solution: Following costs are not deductible as they related to violation of laws or illegal…

Q: What are practical weaknesses of NPO?

A: Organizations are described as business units which are established by the individuals, or group of…

Q: What are the strengths and weaknesses that you see in the system and ways that you would improve any…

A: Systems development is an integral part of modern corporate world. Systems play an important role in…

Q: Which of the following is NOT an example of a significant deficiency in internal control?

A: Statement 2,3 and 4 are examples of significant deficiency in internal control as they are…

Market Efficiency

Market efficiency refers to the market's ability to provide investors with all available information about investment options for buying and selling securities. Market efficiency reflects the true value of securities without undervaluing or overvaluing them. When the quality and quantity of information increase, the market becomes more efficient, allowing it to reduce arbitrage and obtain higher market returns from investment. In a well-functioning market, everyone receives all information completely and immediately at no cost. It opens up a plethora of opportunities for investors to access various investment options.