Who were exposed as poor or bad leaders and senior managers in
the Big 4, by the Royal Commission, and why?

Answers

Answer 1

The Royal Commission exposed several poor or bad leaders and senior managers within the Big 4 accounting firms. The commission's investigation revealed systemic issues, unethical practices, and failures in governance and oversight. These issues led to a loss of public trust and confidence in the firms.

The Royal Commission specifically highlighted individuals in leadership positions within the Big 4 accounting firms who demonstrated questionable behaviour and leadership practices. These leaders were found to prioritize profit over ethical conduct, neglect their responsibilities to act in the best interests of clients and foster a culture of non-compliance with regulations and standards. Additionally, the commission uncovered instances where senior managers failed to adequately address conflicts of interest and lacked appropriate oversight, allowing misconduct to persist within the organizations. Overall, the Royal Commission exposed a significant breakdown in leadership and senior management within the Big 4, raising concerns about their ability to uphold their professional obligations and responsibilities.

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Related Questions

3. ______ are defined as goods or services that are required for health and safety.

Answers

Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.

What is the safety of goods?

A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.

Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.

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Economists use the term external cost to describe a situation in which the spillover effects _______ (harm, benefit) external parties. If the spillover effects _______ (benefit, harm) the external parties, it means that an external benefit is present.

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Economists use the term external cost to describe a situation in which the spillover effects harm external parties. This means that the cost of producing or consuming a good or service is not entirely borne by the producer or consumer, but rather it is passed on to third parties who are not involved in the transaction. For example, pollution from a factory may harm the health of people living nearby, causing them to incur medical expenses and reduced quality of life.

On the other hand, if the spillover effects benefit the external parties, it means that an external benefit is present. In this case, the production or consumption of a good or service has positive effects on third parties who are not involved in the transaction. For instance, a business that provides free internet to its customers may also benefit the people around the area who can also access the free service.

External costs and benefits are important concepts in economics because they reflect the impact of economic activity on society as a whole. When external costs are present, the market may not produce the optimal level of output because the cost to society is greater than the private cost. Similarly, when external benefits are present, the market may not produce enough of the good or service because the benefits to society are greater than the private benefits. Therefore, externalities are one of the reasons why governments intervene in the market to regulate economic activity and internalize external costs and benefits.

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please help me ill give brainliest to anyone who does this right:3

please help me ill give brainliest to anyone who does this right:3

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You chose what career you want and you write information about it

i will give brainlest!!!

name 5 things that being a doctor requires

Answers

In general, doctor requirements include completing a 4-year undergraduate degree program, spending 4 years in medical school, and then completing 3-7 years of residency training before becoming eligible for medical licensing

PLEASE HELP
8. The International Monetary Fund, the World Bank, and the International Development Association are international organizations that
(A) keep track of world population growth
(B) make loans to developing nations
(C) limit loans and investments to nations located in certain regions
(D) have refused to help the developing nations

Answers

Answer:

answer is b (make loans to developing nations

according to our scm 300 project management materials, when companies need to reduce the length of a project they must:

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According to our scm 300 project management materials, when companies need to reduce the length of a project they must Shorten the Time of the Project by increasing the number of resources usually in the most cost-effective manner.

The use of procedures, techniques, abilities, knowledge, and experience to accomplish particular project goals in accordance with predetermined guidelines is known as project management. Final deliverables in project management are subject to a limited amount of time and money.

The utilization of particular information, skills, tools, and procedures in project management is done in order to provide people with something of value. The process of guiding a project from the outset through its lifecycle is referred to as project management. The primary goal of project management.

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provide a defination of GAAP​

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Answer:

Showing results for provide a definition of GAAP

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Generally accepted accounting principles, or GAAP, are a set of rules that encompass the details, complexities, and legalities of business and corporate accounting. The Financial Accounting Standards Board (FASB) uses GAAP as the foundation for its comprehensive set of approved accounting methods and practices.

Generally accepted accounting principles (GAAP) refer to a common set of accounting principles, standards, and procedures issued by the Financial Accounting Standards Board (FASB). Public companies in the United States must follow GAAP when their accountants compile their financial statements.

The American Labor movement was considered radical compared to what was happening in Europe. true or false

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Answer:

true took the test brainliest please

The right to receive a proportionate share of any assets remaining after the corporation goes out of​ business, sells its​ assets, and pays off its liabilities is the right of.

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Liquidation is the right to receive a proportionate share of any assets remaining after the corporation goes out of​ business, sells its​ assets, and pays off its liabilities as, it ensure that all the company's affairs have been dealt with and all its assets realised.

Liquidation generally refers to the process of selling a company's holdings, usually at a significant discount, to generate cash. In most cases, a liquidation sale portends a business closure. Once all assets have been sold, the business will be closed. When a company goes bankrupt and therefore closes down and sells all its products, it is an example of a liquidation. Selling an investment to free up cash is an example of an investment liquidation.

The bankruptcy trustee's fees must be borne by the bankrupt company. If there is no money or assets in this company, the directors themselves are to blame. Liquidation fees are known as fees and these fees must be approved by the creditors.

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what was the primary way newspapers made money in the penny press era?

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The penny press era in the United States began in the 1830s and was characterized by the emergence of affordable newspapers that were accessible to a broader audience.

The primary way newspapers made money during this time was through advertising.

Newspapers during the penny press era charged low subscription rates, usually only one cent, which made them accessible to a wider audience. However, this low cost did not provide enough revenue to sustain the newspapers. Therefore, newspapers relied heavily on advertising revenue to make a profit.

Newspapers sold advertising space to businesses, allowing them to reach a large audience at a low cost. Advertisements were prominently displayed in newspapers, often on the front page or in a prominent section of the paper, making them highly visible to readers.

Overall, advertising was the primary way newspapers made money in the penny press era. The low cost of the papers made them accessible to a broad audience, which made them attractive to advertisers looking to reach a large audience at a low cost.

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1. Give an example of change in number of consumers

2. Give an example in consumer tastes and preferences
In economics

Answers

The consumer will change if the demand of product will increase or decrease.

What is the meaning of consumers?

The consumer are the people who buys or sells good for own use. The consumer number will change depending upon the demand of products. If the demand increases then the number of consumer will increase.

If demand of the product decreases then the consumer number will decrease. Economy will not work without consumer.

The demand will affect by some of the factors such as Income, consumer preferance, price and buyer's expectations. Demand of the product depend on the supply of products.

Therefore, The consumer will change if the demand of product will increase or decrease.

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Wyatt is paying back a loan with a nominal interest rate of 13. 62%. If the interest is compounded quarterly, how much greater is Wyatt’s effective interest rate than his nominal interest rate? a. 0. 96 percentage points b. 0. 40 percentage points c. 0. 25 percentage points d. 0. 71 percentage points Please select the best answer from the choices provided A B C D.

Answers

Wyatt's effective interest rate would be greater than his nominal interest rate include option D: 0. 71 percentage points.

How much greater is Wyatt’s effective interest rate than his nominal interest rate?

Given Information:

Nominal interest rate =13. 62%

\(Effective rate of return=(1+\frac{i}{m} )m-1\\\\Effective rate of return= (1+\frac{0.1362}{4})4}-1\\Effective rate of return=0.1433\)

Here, the value of the effective rate of interest is 0.1433 that is multiplied with 100 to get the percentage value of 14.33%.

Hence, the difference between effective and nominal interest rates would be:

=14.33-13.62

=0.71%

Therefore, correct option is D.

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Farmers in LDCs choose to grow drug crops for export primarily because of

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Farmers in less developed countries (LDCs) may choose to grow drug crops, such as opium poppies, coca plants, or cannabis, for export primarily because of economic reasons.

Drug crops can often generate higher profits for farmers compared to traditional crops, such as food crops or cash crops like cotton or coffee. The demand for illicit drugs in developed countries like the United States and Europe is often high, and the prices that farmers can fetch for drug crops are often much higher than those for legal crops.

In addition, farmers in LDCs may face limited opportunities to sell their goods on global markets due to competition from cheaper producers in other countries. By growing drug crops, farmers can tap into a lucrative market that is not subject to the same competitive pressures as legal crop markets.

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Identify examples of leveling mechanisms in the United States.
Example of a Leveling Mechanism
1. use of taxpayer money to repair roads and bridges
2. use of taxpayer money to pay for the military
3. use of taxpayer money for political gains
4. use of taxpayer money to pay for public schools

Answers

1. use of taxpayer plutocrat to repair roads and islands exemplifications of leveling mechanisms in the United States.

A leveling mechanisms in artistic anthropology is a strategy that promotes social equivalency, generally through humiliating or humbling group members who try to elevate themselves above other members.

habit of" smirching the meat," as described by Canadian anthropologist Richard Borshay Lee in his composition" Eating Christmas in the Kalahari," is one illustration of a leveling mechanisms that's constantly cited( 1969). When Lee presentedthe!Kung an ox for Christmas,the!Kung disrespected the gift, calling it a" bag of bones," and made light of the fact that there was no meat on it by joking that they would have to eat the cornucopias. latterly, Lee questioned Tomazo as to why his gift had been disparaged in this manner. He said that it was due to the gift's haughtiness.

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how many peoples in kerala​

Answers

Answer:

2million

Explanation:

I hope naka tulong

Answer:

34.8 million

Explanation:

its divided in 14 district

X Company, which uses the gross method and a perpetual inventory system, sold $2,000 of merchandise on account with credit terms of 2/10,n/30. If the customer pays within the discount period and takes the discount, X will record a journal entry that includes ______. (Check all that apply.)

Answers

Answer.

Explanation.

20 Characters long

it is more effective and efficient to find your employees doing something wrong than to find them doing something right in the workplace.

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The first-class way to offer surroundings conducive to effective motivation is to set up an agreement with and respect together with your employees. it is extra effective and green to discover your employees doing something wrong than to discover them doing something proper in the workplace.

An employee is a person who receives paid for paintings for someone or an employer. people do not want paint full time to be taken into consideration by employees—they absolutely want to be paid to work by an employer (the person or enterprise that pays them).

An instance of an employee is an individual who's employed via McDonald's and is paid a positive amount of money for every hour worked. a person who works in the carrier of another (the company) difficulty to a contract for lease, where the agency controls the situations of labor performance. You furthermore may want to price your employees the way you price your clients due to the fact they have the maximum powerful power to carry into your organization. if you trust and fee your personnel, they'll be more committed to serving customers properly and serve the company in the long run in a splendid manner.

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Which document determines the number of shares in a company?

a stock prospectus
an annual bill of rights
a corporate charter
an annual report

Answers

Answer:

C. a corporate charter

A Corporate Charter is document determines the number of shares in a company.

What is Corporate Charter?

Corporate charter is a legal document which is issued with the Secretary of State or registrar in order to establish a company as a corporation and contain every detailed information about company's share. The corporate charter contain information about governance, structure, objectives, operation, other information about the company and information about that total company shares and how much the company is willing to sell.

Therefore, A Corporate Charter is document determines the number of shares in a company

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Find the first quartile for the average textbook price for this sample size. $ (round to the nearest cent)

Answers

standard deviation =Σ = $21

n=45

n = 21 / √45   = 3.1305

The z distance Third quartile is,

P(Z < z) = 75%

= P(Z < z) = 0.75  

= P(Z < 0.67 ) = 0.75

z = 0.67

Using the z-score formula,

= 0.67 * 3.1305+164

= 166.10

Third quartile =Q3 =166.1

In mathematics and records, the deviation is a measure of difference among the found price of a variable and a few other value, regularly that variable's mean. The sign of the deviation reviews the direction of that distinction (the deviation is positive whilst the located value exceeds the reference fee). The magnitude of the price indicates the size of the distinction.

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when calculating net price, why do you think loans are not deducted from sticker price even if they are typically offered to you in a financial aid package?

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The reason loans are not deducted from sticker price even if they are typically offered to you in a financial aid package is that "the net price is actual money that you or any individual will be paying."

This is evident because a net price is the sticker price minus the student's financial aid, scholarships, grants, and other support.

Unlike sticker price, the net price is the college student's amount would eventually pay in his college years.

A sticker price is the whole amount of the annual or session cost of a college education.

Hence, in this case, it is concluded that college students should concentrate more on the net price instead of a sticker price.

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What is Vendor Rating? Explain the role played by ‘Sourcing’ as
a driver in the success of supply chains? (6m)

Answers

The sourcing team must be proactive in identifying potential supply chain disruptions and working with suppliers to minimize the impact.Sourcing also plays a critical role in vendor rating. The sourcing team is responsible for evaluating supplier performance and providing feedback to the supplier. The feedback can be used to improve supplier performance and build a stronger relationship between the supplier and the company.

Vendor rating is a method of evaluating the suppliers' performance, and it is a vital element in managing supply chains. Vendor rating is essential in selecting the right supplier for a firm's operations. It involves evaluating supplier performance and comparing suppliers to select the best one for a company.What is Vendor Rating?Vendor Rating refers to the assessment of supplier performance, reliability, and financial stability. The supplier's ability to provide goods and services timely, reliably, and at a reasonable price is evaluated. A supplier's performance can be assessed by the number of defects, timely delivery of products, and response to complaints. This provides a picture of the supplier's ability to meet the customer's needs.Explain the role played by ‘Sourcing’ as a driver in the success of supply chains.Sourcing plays a significant role in the success of supply chains. Sourcing is concerned with finding suppliers for goods and services needed by the company. It involves selecting suppliers that meet the quality and cost requirements of the company. A good sourcing strategy should focus on suppliers that can deliver quality products at the lowest cost.The sourcing department is responsible for managing supplier relationships and ensuring that suppliers meet the required standards. The sourcing team has to work closely with other departments such as finance and quality assurance to ensure that suppliers are delivering the right quality of goods at the right price. The sourcing team must be proactive in identifying potential supply chain disruptions and working with suppliers to minimize the impact.Sourcing also plays a critical role in vendor rating. The sourcing team is responsible for evaluating supplier performance and providing feedback to the supplier. The feedback can be used to improve supplier performance and build a stronger relationship between the supplier and the company.

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Book store owner, Sandra Walker, has a personal check from one of her customers, payable to The Book Nook. Sandra wants to deposit the check into the store’s account. Use a restrictive endorsement.

Answers

Answer:

see below

Explanation:

Endorsing a check is communicating to the bank how a check is to be cashed. A restrictive endorsement puts limits on how a check or other financial instruments are to be used.

The most common type of restrictive endorsement is for the payee to write the words" for deposit only" at the back of the check. The payee then signs and indicates their account number. This instructs the banks to pay the check amount to that account.

Sandra walker should write the words "for deposits only" at the back of the check. She has to indicate the bank account number for The Book Nook and sign at the back.

b. discuss how the following functional areas contributed to walmart's organizational performance and competitive advantage. (hint: relate to the company's value chain and whether and how they relate to the company mission).

Answers

These functional areas - operations, marketing, supply chain management, and IT - play a vital role in Walmart's organizational performance and competitive advantage by aligning with its value chain and mission. One functional area that contributes to Walmart's organizational performance is operations. Walmart's value chain relies on efficient and effective operations to drive its low-cost strategy.  


Another functional area that plays a crucial role is marketing. Walmart's mission is to save people money so they can live better. Marketing initiatives, such as advertising campaigns and promotional activities. By emphasizing its low prices and wide product assortment, Walmart creates a competitive advantage in the retail industry.
Lastly, information technology (IT) is a functional area that supports Walmart's operations. IT systems enable efficient inventory management, accurate sales tracking, and effective communication across the organization. Overall, these functional areas - operations, marketing, supply chain management, and IT - play a vital role in Walmart's organizational performance and competitive advantage by aligning with its value chain and mission.

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when would sunk costs be irrelevant for current decision making?

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Sunk cost are always irrelevant when making current decisions.

Sunk cost is the cost that has already been incurred and cannot be recovered. Sunk cost should not be considered when making future economic decisions.

An example of sunk cost: A farmer buys a piece of land for $100,000. He plants on the land. Years later, the land becomes infertile. The farmer is considering selling the land. In this question, the cost of the land is sunk cost. The sunk cost is $100,000. The farmer should not consider this cost when determining if to sell the land or not.

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What was the benefit of using oil versus tempera paint? a. Oil paint is more flexible and allows artists to make changes easier. B. Oil paint dries faster. C. Oil paint uses egg yolk, which allows for deeper colors. D. All of the above Please select the best answer from the choices provided A B C D.

Answers

The benefit of using oil versus tempera paint is that Oil is more flexible and allows artists to make changes easily.

Oil painting is an act of painting with oil colors. These oil colors contain a pigment that is submerged in drying oils.

Oil colors for artists are created by combining dry powder pigments with chosen refined linseed oil to form a thick paste.

Tempera paint is an irreversible, rapid drying painting media made up of colored pigments blended with a water-soluble binder media, a typically glutinous substance like egg yolk.

Tempera paint is popular in classrooms and may be spread with a brush.

A stricken benefit of Oil paint over tempera paint is that Oil is more flexible and allows artists to make changes easily.

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Answer:

A. Oil paint is more flexible and allows artists to make changes easier.

Explanation:

E2020


1. What types of deaths are considered "deaths of despair"?

Answers

Answer:

Starvation, drowning, torture, death from thirst or starvation, rotting in solitary confinement until death.

Explanation:

Sometimes people will do anyting to survive, invluding eating themselves.

project managers are question 19 options: ultimately responsible for performance. not timid. a direct link to the customer. all of the above.

Answers

Project managers are a) ultimately responsible for performance.

Project managers play a critical role in the successful completion of any project.

They are ultimately responsible for the performance and success of the project, and must ensure that all tasks are completed on time, within budget, and to the highest standards.

They must also manage both internal and external stakeholders, coordinate resources, and ensure that the project's goals and objectives are met.

Project managers need to be highly organized and skilled communicators, with the ability to quickly make decisions and handle any unforeseen issues that may arise.

The success of any project relies heavily on the expertise and dedication of its project manager.

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Which of the following is a commonly used organizational buying criterion?Select one:a. taste of the buyerb. personal relationship with sales representativec. price d. existing mood of the buyer

Answers

The buyer's preferences and price are frequently utilized organizational purchasing criteria, thus choices (A) and (C) are appropriate.

What is meant by a sales representative?

Sales professionals oversee completing existing accounts, obtaining new ones, and following a daily work plan in order to completely ensure their customers' delight across all purchase stages.

While managers are in charge of establishing plans and managing inventory, the Representative assists in getting the right customers the inventory.

The sales representative is in charge of making sales and addressing customer needs while obtaining orders from current or potential sales channels. They make sure the customer is satisfied and well taken care of before they make a purchase.

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THE WINNER IS cssa06160! She/he answerd the most questions with all accuracy : )!!! She will get brainliest

Answers

Answer:

^--^

Explanation:

Answer:

yey :)

Explanation:

:>

Answer ASAP
An entrepreneur wants to start a bakery. He wants to make a sales forecast for his first six months in business, so he obtains the sales records for all the successful bakeries in his state and uses the monthly average for his forecast. What mistake is he making in this process? A. It is impossible to make an accurate sales forecast for a new business, and attempting to do so will only set him up for failure and disappointment. B. He should not use data from bakeries in his own state, as it is unlikely that they will report accurate estimates to their potential competitor C. He should be looking at sales records for all the successful bakeries in the country, not just in his state. D. It is not likely that he will be able to match the sales volume of successful, established bakeries in his first six months.​

Answers

The Mistake is he making in this process it is not likely that he will be able to match the sales volume of successful, established bakeries in his first six months.​ The correct option is D.

What is the importance of sales forecasting?

A precise sales forecast enables businesses to efficiently allocate resources for future growth while also managing cash flow. Forecasting sales help create benchmarks for future trends and allow executives to make early course corrections. Revenue executives can optimize for more wins by aligning sales quotas with revenue goals.

Make a list of the products and services you offer. Estimate how much of each you anticipate selling. Define the unit price or monetary worth of each sold good or service. Divide the number of units sold by the price. Determine the cost of producing and selling each commodity or service.

Thus, the ideal selection is option D.

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Answer:

option d

Explanation:

it is not likely that he will be able to match the sales volume of successful, established bakeries in his first six months

Other Questions
When computing variable manufacturing overhead variances, the standard rate represents the ________. Please answer quick! pls help me with this math problem two classmates have decided to read all the volumes in a popular series of books. Katie has already read 4 volumes and will continue to read new ones at the rate of 1 volume per week. Maria, who hasn't started reading the series yet, will read 3 volumes per week. At some point, Marina will catch up with Katie and they will be reading the same book. How long will that take? How many volumes will each girl have read by then? Since the United Kingdom (UK) joined the European Union (EU) they gave up some control over rules in their countryFalseorTrue A stock is expected to pay a dividend of $0.75 at the end of the year. The required rate of return is r_s = 10.5%, and the expected constant growth rate is g = 6.4%. Required: What is the stock's current price? 100 points and brainliest! geometryplease explain :)thanks for reading this :) Q/C A pail of water is rotated in a vertical circle of radius 1.00 m.(a) What two external forces act on the water in the pail? Listed following are various physical situations that describe how light interacts with matter. Match these to the appropriate category. Anthony works at a firm that wants to develop a new pricing strategy for one of its products. The company has decided that its main objective for this product is to increase the product's sales in relation to industry sales. Anthony has obtained a list of prices that tell him how much similar products are being sold for. Anthony is particularly interested in the industry's top competitor because it has so much market share. After determining the price of its major competitor, Anthony decided to undercut their price by several dollars. He believes putting a sign in their stores that features his company's discounted price next to the price of their major competitor for the same product will show consumers that Anthony's company offers them a much better deal. However, he knows that he has to be careful not to misrepresent the competitor's price in the process. Refer to Scenario 12.4. Anthony's firm has adopted a ______________ pricing objective. Which of the factors below is NOT considered a risk factor for Eating Disorders. a) Perfectionism traits. b) Female gender. c) Dieting during adolescence. LM.53 In an effort to reduce costs, many regional power companies want to lower their safety stock of electricity transformers. To support this desire, a large transformer OEM will store safety stock of transformers in a FedEx warehouse in Memphis, Tennessee in order to insure quick air delivery to any of these is power companies should the need arise. This collaboration will result in lower overall inventory across the supply chain, making it possible for all parties to lower their costs. The OEM has signed up 14 power companies on this rapid replenishment program. On average, each of these power companies used to hold 38 transformers in their safety stock. In total, how many transformers would these companies hold? show work to determine if (1,4) is a solution to the system: y - 2x = 2 and y=4x - 6 The first type of life on Earth was What is a number and how do i get it when i do the thing? Find the linearization at x = a. y = (10 + x)^-1/2, a = 9 2 ( 3x - 1) = -6x -2 Market structures vary due to: Multiple select question. demand conditions the number of firms in the market scarcity technology and costs ease with which firms can enter or exit the industry the relative size of firms some agricultural crops are incompatible with low-lying land that has persistently high moisture levels in the soil because the crops can "drown" from too much water. farmers in some such areas have found that planting rows of trees between fields results in the trees taking up enough water from the soil and transpiring it into the air that crop production can become successful. what type of trees would be best for this purpose and why? Change the imperatives to questions. Use can, could, or would. Sometimes there is more correct answer.1) Meet me at the cafeteria after class today.2)Tell me the things that I need to put in the resume.3)Show me your resume.4)Advise me on the correct style for a resume.5)Correct my mistakes.6)Help me arrange my resume so it looks good.7)Read my resume and make sure it's OK.