Question

In: Accounting

Q1) Do you think that such a system of self-regulation is appropriate ? Q2 ) What...

Q1) Do you think that such a system of self-regulation is appropriate ?

Q2 ) What sort of things could result in the statement and the account held in the books of the debtor showing different balances ?

Solutions

Expert Solution

ANS 1)

These days, I lead a quiet life in leafy Surrey - but if I ever feel the need for a bit of urban violence, I know I can always head off to YouTube to watch some gangs showing off their guns, dogs and motorbikes; or maybe catch an instructional video on how to win a street knife attack; or watch a nasty teenager knocking a little boy off his bike, writes Simon Waldman.

I suspect the members of the House of Commons Culture Media and Sport Committee sampled similar delights while preparing yesterday's report on harmful content on the internet and video games.

What measures did YouTube take to make sure the content on their site was suitable for it's audience, the MPs asked? To which YouTube owner Google's general counsel replied that while they responded to complaints about their content - so a film showing a gang rape, for example, was taken down after 600 views - it is not feasible to look at every piece of content on the site.

ANS 2) https://books.google.co.in/books?id=A4NVHP7p_WgC&pg=PA175&lpg=PA175&dq=What+sort+of+things+could+result+in+the+statement+and+the+account+held+in+the+books+of+the+debtor+showing+different+balances+?&source=bl&ots=VulcLBpoZb&sig=jMQAjcv5FOoXm6Y9HronoDXcVN0&hl=en&sa=X&ved=0ahUKEwi1_f61gtfYAhUIyrwKHdD6DHkQ6AEIKDAA#v=onepage&q=What%20sort%20of%20things%20could%20result%20in%20the%20statement%20and%20the%20account%20held%20in%20the%20books%20of%20the%20debtor%20showing%20different%20balances%20%3F&f=false


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