quantity · h(x) = (x+3)² = x² + 6x +9 · The function j(x) can only have a GCF factored out of it: * Must have an x in it * any power *Only coefficients of the x's can be factored out *One number only term that also factors with the coefficients. · j(x) = 3x^2 + 6x – 15 · The GCF is 3 which can be factored out: j(x) = 3(x^2 + 2x – 5) · The discriminant of x^2 + 2x – 5 is 24 which is not a perfect square and therefore the function does not have rational roots which implies
Words: 815 - Pages: 4
The case study includes plenty of reasons why internal and external factors had an impact on the development of the automotive industry. To figure out why that’s the fact we need to have a closer look on the textual information. In the beginning of the 70s American automotive companies had to face challenges. First of all there was the oil shock between 1973 and 1979, which increased the fuel price. Secondly they had to find ways out of internal challenges like troubled labor relations. Accordingly
Words: 860 - Pages: 4
1) Industry analysis is also referred to as external strategic management audit. 2) An external audit focuses on identifying and evaluating trends and events within the control of management. 3) The aim of an external audit is to develop an exhaustive list of every possible factor that could influence the business. 4) External audits attempt to identify key variables that offer actionable responses. 5) Five major categories of external variables are: 1) economic forces, 2) social
Words: 991 - Pages: 4
Essay 1. There are two different auditing functions internal auditing and external auditing. Internal auditors are a company’s own accounting employees that perform the audit. On the other hand, external auditors are from outside of the company and work for an independent CPA firm that performs an external audit. Internal auditors report to top management positions such as the Audit Committee of the Board of Directors. The internal auditing function involves five main evaluations. 1) Employee
Words: 1958 - Pages: 8
become more and more important in the society. The people cannot know more the situation about listed companies, so they use auditors’ report to think their investment. However, with more and more scandals about auditing, many people think whether external auditors’ reports provide information to investor that serves the public interest under the current regulatory environment. The public interest First, it is important to know what the public interest is. In order to know the public interest better
Words: 2169 - Pages: 9
Instead of being concern with the accuracy of Enron’s external audit, Andersen made the profits their priority. The firm offered consultation to Enron which amounted to a larger price tag than the actual external audit. So, not only did Andersen double check their own work, but Andersen threw their objectivity out the window for extra earnings. Andersen knew that it was not ethical to give audit and non-audit services because it would make the external audit biased and therefore worthless to the public
Words: 475 - Pages: 2
Coopers & Lybrand. (a) Why would a company want to hire a member of its external audit team? (3pts) (b) If the client has hired former auditors, would this affect the independence of the existing external auditors? Explain. (3pts) (c) How did the Sarbanes-Oxley Act of 2002 and related rulings by the PCAOB, SEC or AICPA affect a public company's ability to hire members of its external audit team? (3pts) 2 (a) What factors in the auditor-client relationship can put the client in a more powerful
Words: 813 - Pages: 4
auditing and out of compliance materials. This report is analyzed according to three categories: (1) the accountability an audit can give a company, (2) having on demand documentation on premises, (3) internal auditing being cost efficient versus external audits. This report also explains how audits can damage the business’s reputation if not completed correctly. It is with anticipation that this report will provide the controllers and accountants with the necessary information needed to review
Words: 1308 - Pages: 6
only four variables as to keep the task manageable. Prior years, various studies are being carried out by scholars in examining the effect and significance of the concerns. For instance, Abu Bakar, Abdul Rahman, and Abdul Rashid (2005) studied the factors that influence auditor independence in Malaysian-owned commercial banks loan officer’s perceptions. Furthermore, Abu Bakar and Ahmad (2009)
Words: 12977 - Pages: 52
intentional misstatements of inventory because manual checks of inventory only occur semi-annually, management’s ability to alter these checks, and the cheer ability to miscount items due to sheer volume. Phar-Mor was capable of misleading their external auditors because the auditors of a retail store are not required to physically examine the inventory in each store. The auditing firm only examined inventory in four of the one hundred and twenty nine stores that existed. Phar-Mor also knew in advance
Words: 344 - Pages: 2
