Premium Essay

Http

In:

Submitted By echo888666
Words 268
Pages 2
Each requirement is independent of other requirements. The best approach is to prepare the answers to the requirement as soon as the corresponding chapter is addressed in the course.
Requirement 1:
Understanding types of earnings management
Explain briefly the technique(s) that Diamond’s senior management used in managing Diamond’s earnings in fiscal 2010 and 2011.
Requirement 2
GAAP compliance of Diamond’s accounting for the “continuity” and “momentum” payments
Does Diamond’s recording of the August 2010 “continuity” payments and August/September 2011 “momentum” payments, comply with the Generally Accepted Accounting Principles (GAAP)? Why or why not?
Requirement 3
Evaluation of materiality of misstatements on financial statements
Diamond’s audit committee concluded that a "continuity" payment made to growers in August 2010 of approximately $20 million and a "momentum" payment made to growers in August/September 2011 of approximately $60 million were not accounted for in the correct periods. (a) Assume that a junior auditor of Deloitte’s audit team proposed that given the size of “the total liabilities and stockholders’ equity” of Diamond of $1.226 billion, an adjustment of $20 million of grower payables is immaterial (1.63%) for fiscal 2010. Would you agree with the junior auditor? Why? (Note: assume that Diamond sold all walnuts purchased during a fiscal year in that year itself).

(b) Using the two methods in SAB 108 to evaluate the materiality of misstatements, determine whether the effect of recording the $20 million “continuity” payments and $60 million “momentum” payments in incorrect accounting periods on Diamond’s financial statements for fiscal 2011 was material or not. Provide an appropriate explanation and supporting calculations, if any.

Similar Documents

Free Essay

Https

...HTTPS HTTPS takes the HTTP protocol, and simply layers a SSL/TLS referred to simply as “SSL”. It also has an encryption layer on top of it. Servers and clients still speak the same HTTP to each other, but over a secure SSL connection that scrambles and decrypts their demands and replies. The SSL layer has 2 main purposes are verifying that you are speaking straight to the server that you think you are speaking to. Ensuring is so the server can read what you send it and only you can read what it sends back. This all start with a so called “handshake” which establish an SSL connection between a client and server. Once the connection is recognized, both parties can use the approved algorithm and keys to securely conduct messages to each other. The handshake has 3 main phases. They are called Hello, Certificate Exchange and Key Exchange. Hellos consist of all the data the server needs in order to join to the client via SSL, containing the numerous code groups and maximum SSL version that it supports. The server replies with a Server Hello which encloses alike data necessary by the client, with a decision created on the client’s likings about which encryption suite and version of SSL will be used. Now that communication has been recognized, the server has to prove itself to the client. This is completed using its SSL certificate, which is like password to prove you are who you say you are. SSL certificate holds several pieces of data, including the name of the owner. The domain...

Words: 383 - Pages: 2

Premium Essay

None

...Wireshark lab: HTTP Section 1 1. Is your browser running HTTP version 1.0 or 1.1? What version of HTTP is the server running? ANS: Both are running on HTTP Version 1.1 2. What languages (if any) does your browser indicate that it can accept to the server? ANS: en-US (English US) 3. What is the IP address of your computer? Of the gaia.cs.umass.edu server? ANS: My computer IP: 10.0.0.25 and server IP:128.119.245.12 4. What is the status code returned from the server to your browser? ANS: Status code: 200 5. When was the HTML file that you are retrieving last modified at the server? ANS: Last-Modified: Fri, 05 Jun 2015 05:45:01 GMT\r\n 6. How many bytes of content are being returned to your browser? ANS: Content length : 128 7. By inspecting the raw data in the packet content window, do you see any headers within the data that are not displayed in the packet-listing window? If so, name one. ANS: NO, headers can be found in the raw data. Section 2 2. The HTTP CONDITIONAL GET/response interaction 8. Inspect the contents of the first HTTP GET request from your browser to the server. Do you see an “IF-MODIFIED-SINCE” line in the HTTP GET? ANS: No IF-MODIFIED-SINCE is been displayed. 9. Inspect the contents of the server response. Did the server explicitly return the contents of the file? How can you tell? ANS: Yes, because content is shown in “line based text data” 10. Now inspect the contents of the second HTTP GET request from your browser...

Words: 685 - Pages: 3

Free Essay

Http

...Week 2 & 3- Working with Word Documents First tasks: * Create a new folder entitled Master’s in International Business, or Master’s in Finance. (You can abbreviate them, simply be systematic) * Within this folder create another folder for this course, Mastering Office, in which to save your work from this class, whether in class or at home. * The folder should have a relevant name and should be created similarly to the other folders you will create (have created) for your other courses. Second task: * Create a new Word document. Click Save as and enter the title “Office Booklet”. Save it in your Mastering Office folder (file). * Type the information below, paying attention to the fonts, formats, paragraphs. The Ribbon * To learn more about setting up and using Word and its tools and tips, we will explore the Ribbon, its various icons and share tips on how to best exploit this software. * Home: Cut, copy, paste, fonts, paragraphs, bullet and preset styles. * Page Layout: Setting up Margins * Click on Page Layout, Margins, Custom Margins. Three tabs: Margins, Paper, Layout. Close box. Click twice on the ruler on the left-the same box appears. * Decide on orientation of the page, size of the paper, indenting, spacing, columns, breaks, and other here. You can even select automatic hyphenation! I nsert: Use this insert: a Frame, a Table, a Box, a Picture, Word Art or a Cover page. Remember to apply the same characteristics to your...

Words: 403 - Pages: 2

Premium Essay

Tdtfyh Jvhkbvjkn Hvhkb, Jb

...Wireshark Lab: HTTP SOLUTION Supplement to Computer Networking: A Top-Down Approach, 6th ed., J.F. Kurose and K.W. Ross © 2005-21012, J.F Kurose and K.W. Ross, All Rights Reserved The following screen shots showing the HTTP GET and HTTP reply answer these questions: 1. Is your browser running HTTP version 1.0 or 1.1? What version of HTTP is the server running? 2. What languages (if any) does your browser indicate that it can accept to the server? 3. What is the IP address of your computer? Of the gaia.cs.umass.edu server? 4. What is the status code returned from the server to your browser? 5. When was the HTML file that you are retrieving last modified at the server? 6. How many bytes of content are being returned to your browser? 7. By inspecting the raw data in the packet content window, do you see any headers within the data that are not displayed in the packet-listing window? If so, name one. Answer: no, I don’t see any in the HTTP Message below ©2013 Pearson Education, Inc. Upper Saddle River, NJ. All Rights Reserved. Client IP address Gaia server IP address Client running http 1.1 languages accepted Return status: 200 content: 128 bytes server running http 1.1 document last modified on this date ©2013 Pearson Education, Inc. Upper Saddle River, NJ. All Rights Reserved. 2. The HTTP CONDITIONAL GET/response interaction Here’s a screenshot after doing the two identical HTTP GETs: First GET, then a reply, then another ...

Words: 1220 - Pages: 5

Free Essay

Http

...http://www.google.com.ph/url?sa=t&rct=j&q=&esrc=s&source=web&cd=3&ved=0CC4QFjAC&url=http%3A%2F%2Fwww.philstar.com%2Fngayon&ei=KkwtVOqQCcn38QXyhoLADg&usg=AFQjCNFwSNXJsCxQ2IkpHj3F4A4ZoLOTjA pinoyweekly.org/new/2014/09/beterano-at-kabataan-tutol-sa-ikalawang-termino-ni-aquino-panunumbalik-ng-diktadura/ pinoyweekly.org/new/2014/09/mga-kongresistang-nagbasura-sa-impeachment-ni-aquino-nagbenepisyo-sa-dap/ http://newsinfo.inquirer.net/642241/makati-carpark-overpriced-by-p124m-coa-report newsinfo.inquirer.net/642158/voice-of-the-bosses-6-of-10-filipinos-dont-want-aquino-term-extension-survey http://www.mb.com.ph/ www.mb.com.ph/pnp-chief-on-his-nueva-ecija-home-see-for-yourself/ www.mb.com.ph/ph-pension-coverage-among-lowest-in-the-world/ www.mb.com.ph/passage-of-farm-tourism-act-pushed/ www.mb.com.ph/doh-extends-ligtas-tigdas-campaign/ http://www.mb.com.ph/passage-of-farm-tourism-act-pushed/ http://www.mb.com.ph/doh-extends-ligtas-tigdas-campaign/ https://www.google.com/search?q=boxers+na+pasok+sa+semi-finalists&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a&channel=fflb https://www.google.com/search?q=biker+na+naging+kampeon&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a&channel=fflb Malakas na Paputok na Walang Tunog! Sci-tech, news,...

Words: 253 - Pages: 2

Premium Essay

Information Security

...Wireshark Lab: HTTP SOLUTION Supplement to Computer Networking: A Top-Down Approach, 6th ed., J.F. Kurose and K.W. Ross © 2005-21012, J.F Kurose and K.W. Ross, All Rights Reserved The following screen shots showing the HTTP GET and HTTP reply answer these questions: 1. Is your browser running HTTP version 1.0 or 1.1? What version of HTTP is the server running? 2. What languages (if any) does your browser indicate that it can accept to the server? 3. What is the IP address of your computer? Of the gaia.cs.umass.edu server? 4. What is the status code returned from the server to your browser? 5. When was the HTML file that you are retrieving last modified at the server? 6. How many bytes of content are being returned to your browser? 7. By inspecting the raw data in the packet content window, do you see any headers within the data that are not displayed in the packet-listing window? If so, name one. Answer: no, I don’t see any in the HTTP Message below ©2013 Pearson Education, Inc. Upper Saddle River, NJ. All Rights Reserved. Client IP address Gaia server IP address Client running http 1.1 languages accepted Return status: 200 content: 128 bytes server running http 1.1 document last modified on this date ©2013 Pearson Education, Inc. Upper Saddle River, NJ. All Rights Reserved. 2. The HTTP CONDITIONAL GET/response interaction Here’s a screenshot after doing the two identical HTTP GETs: First GET, then a reply, then another ...

Words: 1220 - Pages: 5

Free Essay

Http: /

...In the short stories “Soldiers Home” by Ernest Hemingway, and “A&P” by John Updike, both authors introduce the concept of rejection of community values. Although the two stories are written in different styles, “Soldiers Home” being serious and dismal, and “A&P” being more humorous and sarcastic, they both reveal similar settings, which both Kreb’s and Sammy rejects. The main characters, Kreb’s and Sammy, both have very similar views on society and reject similar things. Both of the authors used very detailed examples of how each of the main characters rejected society. To begin, “Soldiers Home” takes place in an older time, where society had more expectations and guidelines for the youth. The story demonstrates the conflict between Kreb’s value, which has dramatically changed after his time as a solider during the war. His family is concerned about his future and is worried he had lost his ambition while at war. Krebs doesn't agree with the ways of society and didn't want all the things that most of the people in his town wanted. He didn't have a definite aim in life, like society seemed to order. He rejected what everyone in society wanted. He didn’t even want a girlfriend, or to talk to girls because they were just too complicated for him. Krebs felt as if he had to choose isolation by detaching himself from social relations, love, religion and ambition. Hemingway reveals his familys worry for him in "Soldier's Home" when Kreb's mom says, “Don't you think it's about time...

Words: 449 - Pages: 2

Free Essay

Apis to Affordances

...Drawing from diverse sources including physical architecture, industrial design, the psychology of perception, and cross-cultural mono-myth, a new implementation paradigm is proposed to help software architects and developers meet these challenges; one that invites participants to shift their mental model from that of programming network devices to programming the network to which those devices are connected. To accomplish this goal an “affordance-rich message” is proposed; one that is based on shared understanding through network-oriented affordances instead of device-oriented APIs. A working model based on this approach is offered, examples given, and areas of related work identified. Figure 1: From Ericsson : 50b devices by 2020 Keywords HTTP, WWW, hypermedia, networks, SOA, REST, distributed computing, web services, usability, evolvability 1. BACKGROUND In the last several years, the landscape of the Internet has changed noticeably. There are many more connected devices, more connected applications, and thousands of Web ’APIs’ to service them. This represents a new ’ecosystem’ for the Web; one dominated by small devices loaded with specialized applications, all talking across the Web using shared application programming interfaces (APIs). While the shift did not happen all at once, probably the date that best marks the start of this new era in the Web would be January 10, 2007; the day the first...

Words: 6657 - Pages: 27

Premium Essay

Critical Thinking

...CRITICAL THINKING Assessment 1 (30%) Twitter to use cookies, other spy technology to target ads 1. Cookie is one fragment text that the one Web are not save in the hard link of the user. Cookie allow an website save the all the information in the machine of user name and then getting redistribute it. The stub the information will be saved such as pair name and value. For example, an website you can make a zero ID unique cho per guest access and save the numbers ID where on each the computer user name in a file cookie. (83Words) 2. The twitter's main arguments for doing this are it it has many benefits for users. In the case of Twitter, the company will allow retailers to attach unknowed versions of their customers' email addresses, to Twitter's advertising engine to individually target their customer base. For example, cookie files, placed on web surfers' computers by the websites they visit, contain information about the user such as what sites they have visited or where they are logging in from. (77 Words) 3. An increasing number of people are using the Internet, in many instances unaware of the information being collected about them. In contrast, other people concerned about the privacy and security issues are limiting their use of the Internet, abstaining from purchasing products online. Businesses should be aware that consumers are looking for privacy protection and a privacy statement can help to ease consumers' concerns...

Words: 874 - Pages: 4

Free Essay

Ispg

...Running head: FORENSIC CASES Forensic Cases Stephanie Rudolph Kaplan University IT 550 Computer Forensic and Investigation Prof: Bhanu Kapoor November 26, 2013 Abstract People are the most difficult creatures on earth to understand. Some have the mind set of doing some the off the wall and unacceptable things using technology. In this paper I have discussed location and the type of data you will find in in the case of a financial fraud and a child pornography case. Later in the paper discusses the procedures that and investigator might take to collect data from a suspect system. I will also provide a simple tool that can be used to collect all type of data from different location, making the investigator job much easier and help maintain the integrity of the evidence collected to be presented in court. . Forensic Cases There are many location that and investigator search to obtain data using computer forensic tools in a case on financial fraud and child pornography cases. In the case of a financial fraud emails can provide investigators with information not only the text but also the headers. The email headers can provide investigators with the information of who created the email, what software they used and the IP addressed that sent it. The email header also provide a date and time was sent. Credit card data shows the activity of charges. It show the...

Words: 1093 - Pages: 5

Premium Essay

Service Request Sr-Kf-013

...Service Request SR-kf-013 Stephen Gowen BSA/310 BUSINESS SYSTEMS 03 January 2012 Becky Hoff Service Request SR-kf-013 Ever wonder why certain banners or advertisements seem to contain information you are or were interested in? Online consumer behavior is being tracked all over the world-wide-web via cookies, Flash cookies, and “Web beacons” such as Omniture. Ad networks utilize information collected via various Javascripts and/or cookies to dynamically create content for users. One such Ad network called BlueKai actually allows its users to see a visual representation of the data being collected and shared about them. The amount and variety of data contained in user cookies alone is simply staggering! Many consumers today are beginning to wonder whether or not their privacy is at risk. With that in mind, proposing a system that tracks online shopping behavior introduces quite a few risks. Legal Concerns Where PII (Personally Identifiable Information) is concerned, so is the law. When handling behavioral data of any kind, it must be stored securely. If any PII is collected, certain disclaimers, agreements, opt-out opportunities, etc. must be in place in order to refrain from attracting legal attention. Cookies must be handled delicately as well, especially if they utilized to track users on our shopping platform. When a user deletes his or her cookies, that user should become a new user on our network. Holding onto a user’s cookies against his...

Words: 1041 - Pages: 5

Premium Essay

1sadas

...Workshop theory Some questions to focus your mind on some of the material this week. Again, these are not the questions that will be in the examination, but by answering them you are preparing yourself for the examination. You can practice for the examination, by using the recommendations in the examination folder on the study desk. Preparing for the examination now, will enable you to be better prepared. * Explain why a developer would use validation controls, and how this impacts on the customer. * In your opinion, and maybe having experienced data entry on web sites yourself, what could you do to minimise customer frustration when entering data * Explain the particular circumstance when you would use a regular expression. * Explain the meaning of “maintaining state”. * Explain what a session object is and how a session can be used by the developer Reflection As a university student it is important to take the time and reflect on the progress on your studies. Particularly, when you are studying more than one course, it is easy to get carried away in the small details. University study is based on self-driven learning, and while we provide additional and supportive material to enhance the learning experience, these weekly exercises are very specifically detailed. This is to ensure that all levels of previous experience and skills are levelled out. As this is the fourth week, it also means that you need to be at a point now, where you can work more on your...

Words: 5505 - Pages: 23

Free Essay

Privacy Concerns and the Use of Internet Cookies

...Privacy concerns and the use of internet cookies Jose Omar Garcia IFSM 201 October 21, 2012 Cookies evolved because they solve a big problem for the people who create web sites. They are small files stored on a user's computer as a text file and placed on the hard disk by a web page server. Designed to hold a modest amount of data specific to a particular client and website, they can be accessed either by the web server or the client computer. This allows the server to deliver a page tailored to a particular user, or the page itself can contain some script that allows the cookie to carry information from one website visit to the next. They are not used to run programs or to deliver viruses to your computer. Moreover, they are uniquely assigned to one computer in particular, and can only be read by a web server in the domain that issued the cookie to the user. One of the biggest concerns with cookies is they potentially violate an internet user's privacy, many times without his or her knowledge. Even though many websites guarantee protection of personal information, many people do not like the idea of their passwords or other sensitive data being stored. Therefore, internet browsers provide various privacy settings so a user can prevent the installation of cookies or clear them at any time. This paper will explore some of the ethical implication of using cookies in the internet environment, particularly regarding protection of personal information. The use...

Words: 1746 - Pages: 7

Free Essay

Hshajs

...- PHP, Apache, MySQL, Windows : WampServer http://forum.wampserver.com/read.php?2,77471,77478 Apache, PHP, MySQL on Windows Home forum Back to WampServer presentation Downloads Addons Trainings Alter Way Go to: Forum List•Message List•New Topic•Search•Log In•Print View 404 Error Page when try to start LocalHost/phpMyAdmin Posted by: gjalpert (---.bb.netvision.net.il) Date: September 12, 2011 09:01PM Go to Topic: Previous•Next I been trying all day to get wamp server started. Just have no luck and figure its best to ask on the forums. I'm currently using Windows XP, and I'm assuming that somehow Wampserver is not configured with my localhost and that's why is not working. Anyone knows how to get it to work? Options: Reply•Quote Re: 404 Error Page when try to start LocalHost/phpMyAdmin Posted by: yfastud (Moderator) Date: September 12, 2011 11:58PM Make sure no other program conflict Wamp such as IIS, Microsoft Web Deploy, SQL, Skype, Zonealarm, firewall/antivirus, NOD32, Eset, any web related program including Remote Desktop, Teamviewer or Apache, MySQL, PHP outside wamp folder (ie. in Program Files or System32 folder) ... IIS and Apache/Wamp are both web server and might conflict in some way, so you have to disable IIS in order for Wamp to work Disable IIS in Vista/W7: Control Panel, Uninstall Programs, Turn Widows Features On or Off, uncheck Internet Information Services Disable IIS in XP: Control Panel, Add/Remove Programs, Add/Remove Windows Components, uncheck...

Words: 598 - Pages: 3

Free Essay

Cookie Types and Ethics of Their Use

...Cookie Types and Ethics of Their Use Matthew Fones IFSM 201 06/30/2013 The purpose of this research paper is to identify and explain three commonly seen cookies used on the Internet, along with identifying any potential ethical issues with such activities. The two most commonly used cookies are session cookies, persistent cookies. I will also describe a third type of cookie known as a flash cookie. First I will define what a computer cookie is. A cookie is a piece of text that a Web server can store on a user's hard disk or equivalent. Cookies allow a Web site to store information on a user's machine and later retrieve it (Brain, 2000). Cookies are created when a user's browser loads a particular website. The website sends information to the browser which then creates a text file. Every time the user goes back to the same website, the browser retrieves and sends this file to the website's server. Without cookies, websites and their servers have no memory. Computer Cookies are created not just by the website the user is browsing, but also by other websites that run ads, widgets, or other elements on the page being loaded. These cookies regulate how the ads appear or how the widgets and other elements function on the page. The first type of cookie to be described is the session cookie. This type of cookie allows users to be recognized within a website so any page changes or data selection you do is remembered from page to page. The most common example of this functionality...

Words: 1311 - Pages: 6