What matters is how your house looks and how it_____ you and others residing in it.
A.effects
B.infects
C.affects
C、affects
A.effects
B.infects
C.affects
C、affects
(a) I know that auditors are required to assess risks of material misstatement by developing an understanding of the business risks of an audit client, but I am not clear on the relationship between business risk and risk of material misstatement. Can you explain the two types of risk, and how identifying business risk relates to risk of material misstatement? (4 marks)
(b) I worked on the interim audit of Crow Co, a manufacturing company which outsources its payroll function. I know that for Crow Co payroll is material. How does the outsourcing of payroll affect our audit planning? (4 marks)
(c) Crow Co is tendering for an important contract to supply Hatfield Co. I know that Hatfield Co is also an audit client of our firm, and I have heard that Crow Co’s management has requested our firm to provide advice on the tender it is preparing. What matters should our firm consider in deciding whether to provide advice to Crow Co on the tender? (5 marks)
(d) I also worked on the audit of Campbell Co, where I heard the managing director, Ting Campbell, discussing a potential new business opportunity with the audit engagement partner. Campbell Co is an events organiser, and is planning to run a programme of nationwide events for accountants, at which speakers will discuss technical updates to financial reporting, tax and audit regulations. Ting proposed that our firm could invest some cash in the business opportunity, supply the speakers, market the events to our audit clients, and that any profit made would be shared between Ryder & Co and Campbell Co. What would be the implications of our firm considering this business opportunity? (7 marks)
Required:
For each of the issues raised, respond to the audit junior, explaining the ethical and professional matters arising from the audit junior’s comments.
Note: The split of the mark allocation is shown against each of the issues above.
What matters ______ not winning but participating.A.are B.to be C.was D.is
Consider the novel views of Harvey Coleman of Atlanta on the subject of getting ahead. Coleman is black. He spent 11 years with IBM, half of them working in management development, and now serves as a consultant to the likes of AT&T, CocaCola, Prudential, and Merch. Coleman says that based on what he's seen at big com panics, he weighs the different elements that make for longterm career success as follows: performance counts a mere 10%; image, 30%; and exposure, a full 60%. Coleman concludes that excellent job performance is so common these days that while doing your work well may win you pay increases, it won't secure you the big promotion. He finds that advancement more often depends on how many people know you and your work, and how high up they are.
Ridiculous beliefs? Not to many people, especially many women and members of minority races who, like Coleman, feel that the scales have dropped from their eyes. "Women and blacks in organizations work under false beliefs," says Kaleel Jamison, a New York based management consultant who helps corporations deal with these issues. "They think that if you work hard, you'll get ahead that someone in authority will reach down and give you a promotion." She added, "Most women and blacks are so frightened that people will think they've gotten ahead because of their sex or color that they play down their visibility." Her advice to those folks: learn the ways that white males have traditionally used to find their way into the spotlight (公众注意中心).
According to the passage, "things formerly judged to be best left unsaid" (in Para. 1) probably refers to ______.
A.the opinions, which contradict the established beliefs
B.criticisms that shape everyone's experience
C.the tendencies that help the newcomers to see office matters with a fresh eye
D.the ideas which usually come up with new ways of management in the organization
A. that
B. it
C. what
D. when
A.minds
B.matters
C.cares
D.values
(iii) A statement on the importance of confidentiality in the financing of the early stage working capital needs
and an explanation of how this conflicts with the duty of transparency in matters of corporate
governance. (6 marks)
Professional marks for layout, logical flow and persuasiveness of the statement. (4 marks)
A.I had realized
B.Had I realized
C.Realized had I
D.Had realized I
A.Not matter
B.No matter
C.No matters
D.Nor matter
Clearly, intelligence encompasses more than a score on a test. Just what does it means to be smart? How much of intelligence can be specified, and how much can we learn about it from neurology, genetics, computer science and other fields?
The defining term of intelligence in humans still seems to be the IQ score, even though IQ tests are not given as often as they used to be. The test comes primarily in two forms: the Stanford-Binet Intelligence Scale and the Wechsler Intelligence Scales (both come in adult and children's version)。 Generally costing several hundred dollars, they are usually given only by psychologists, although variations of them populate bookstores and the World Wide Web. Superhigh scores like vos Savant’s are no longer possible, because scoring is now based on a statistical population distribution among age pecks, rather tan simply dividing the mental are by the chronological age and multiplying by 100. Other standardized tests, such as the Scholastic Assessment Test (SAT) and the Graduate Record Exam (GRE), capture the main aspects of IQ tests.
Such standardized tests may not assess all the important elements necessary to succeed in school and in life, argues Robert J. Sternberg. In his article “How Intelligent Is Intelligence Testing?”。 Sternberg notes that traditional tests best assess analytical and verbal skills but fail to measure creativity and practical knowledge, components also critical to problem solving and life success. Moreover, IQ tests do not necessarily predict so well once populations or situations change. Research has found that IQ predicted leadership sills when the tests were given under low-stress conditions, but under high-stress conditions. IQ was negatively correlated with leadership-that is it predicted the opposite. Anyone who bas toiled through SAT will testify that test-taking skill also matters, whether it‘s knowing when to guess or what questions of skip.
第26题:Which of the following may be required in an intelligence test?
A.Answering philosophical questions.
B.Folding or cutting paper into different shapes.
C.Telling the differences between certain concepts.
D.Choosing words or graphs similar to the given ones.
Amitai Etzioni is not surprised by the latest headings about scheming corporate crooks(骗子). As a visiting professor at the Harvard Business School in 1989 ,he ended his work there disgusted with his students' overwhelming lust for money. "They're taught that profit is all that matters," he says. "Many schools don't even offer ethics (伦理学) courses at all."
Etzioni expressed his frustration about the interests of his graduate students. "By and large. I clearly had not found a way to help classes full of MBAS see that there is more to life than money, power, fame and self-interest," he wrote at the time. Today he still takes the blame for not educating these "business-leaders-to-he". "I really feel like I failed them, "he says. "If I was a better teacher maybe I could have reached them."
Etzioni was a respected ethics expert when he arrived at Harvard. He hoped his work at the university would give him insight into how questions of morality could he applied to places where serf-interest flourished. What he found wash't encouraging. Those would-be executives had, says Etzioni, little interest in concepts of ethics and morality in the boardroom--and their professor was met with blank stares when he urged his students to see business in new and different ways.
Etzioni sees the experience at Harvard as an eye-opening one and says there's much about business schools that he'd like to change. "A lot of the faculty teaching business tire bad news themselves. "Etzioni says. From offering classes that teach students how to legally manipulate contracts, to reinforcing the notion of profit over community interests, Etzioni has seen a lot that's left him shaking his head. And because of what he's seen taught in business schools, he's not surprised by the latest rash of corporate scandals. "In many ways things have got a lot worse at business schools. I suspect. "says Etzioni.
Etzioni is still teaching the sociology of right and wrong and still calling for ethical business leadership. "People with poor motives will always exist," he says. "Sometimes environments constrain those people and sometimes environments give those people opportunity. "Etzioni says the booming economy of the last decade enabled those individuals with poor motives to get rich before getting in trouble. His hope now: that the cries for reform. will provide more fertile soil for his longstanding messages about business ethics.
What impressed Amitai Etzioni most about Harvard MBA students?
A.Their keen interest in business courses.
B.Their intense desire for money.
C.Their tactics for making profits.
D.Their potential to become business leaders.