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Please read and discuss the Pizzo, Fricker, Muolo, Inside Job: The Looting of America’s Savings and Loans Please read and discuss the Pizzo, Fricker, Muolo, Inside Job: The Looting of America’s Savings and Loans, pp. 41-82, Justice Department Sets Sights on Wall Street Executives, and Justice Department Memo on Corporate Wrongdoing (I have attached them … Read more

Manual accounting system Imagine you are a consultant hired to convert a manual accounting system to an automated system.   Suggest the key advantages and disadvantages of automating a manual accounting system. Identify the most important step in the conversion process. Provide a rationale for your response   …………………Answer preview……………………. Automated accounting systems use computer … Read more

Explain briefly the term systematic selection as used in auditing and indicate the precautions to be taken Explain briefly the term systematic selection as used in auditing and indicate the precautions to be taken if a random sample is to be obtained. Is systematic selection applicable to unnumbered documents? Explain.   ………………………….Answer preview……………………….. Systematic selection … Read more

M2A2 Assignment 2: Calculating Inventory M2A2 Assignment 2: Calculating Inventory Finlon Upholstery Inc. uses a job-order costing system to accumulate manufacturing costs. The company’s work-in-process on December 31, 2001, consisted of one job (no. 2077), which was carried on the year-end balance sheet at $156,800. There was no finished-goods inventory on this date. Finlon applies … Read more