Which is a primary limitation of the audit risk model?

Which of the following statements is most correct concerning the reason(s) that U.S. corporations desire and are willing to pay for independent audits of their financial statements?

CPA firms must register with the PCAOB if they wish to perform independent audits of

Which of the following organizations grants a license to practice as a CPA?

Management of a publicly held organization subject to the SEC has the responsibility for all of the following except:

The primary assertion that is satisfied by physically observing the client's count of inventory is

The control environment includes all of the following except

The number of users of a certain website (in millions) from 2004 through 2011 follows.

Using Minitab or Excel, develop a quadratic trend equation that can be used to forecast users (in millions). (Round your numerical values to one decimal place.)

T_t =

Consider the following time series.

b) Use the following dummy variables to develop an estimated regression equation to account for seasonal effects in the data:

x₁ = 1 if quarter 1, 0 otherwise; x₂ = 1 if quarter 2, 0 otherwise; x₃ = 1 if quarter 3, 0 otherwise.

=

(c)Compute the quarterly forecasts for next year.

quarter 1 forecast

quarter 2 forecast

quarter 3 forecast

quarter 4 forecast

4. Mrs Garcia, a physics enthusiast, goes to a water park in South Padre Island to test the concepts learned during class. She goes on a water slide that is 265 meters long and is built at an angle with the ground of θ = 30 degrees. – What is her final velocity at the end of the slide?

5. A goalkeeper kicks a soccer ball that is initially resting on the ground. She kicks the ball with an initial velocity of 8 m/s. The initial angle between the ground and the trajectory of the ball is θ=27 degrees. – How long is the ball in the air? – How far does the ball travel? – How high does the ball go? Hint: Use equations of motion and the definition of range and maximum height for projectile motion.

6. Solve the following quadratic equations: 2x 2 + 6x + 1 = 0 (1) 4x 2 + 12x + 2 = 0 (2) 9x 2 − 4x + 12 = 0 (3) (x − 1) x + 3 + 3 (x − 1) = (4 − x) (x − 1)(x − 1) (4) Hint: Factor and simplify using (x − 1).

Question:

The function predictAnswer should be made based on the following. Your answer must be able to run in LESS than quadratic time. Either NLogN or linear time is expected.

In the prediction game, the first player gives the second player some stock market data for some consecutive days. The data contains a company's stock price on each day. The rules for the game are:

1. Player 1 will tell player 2 a day number
2. Player 2 has to find the nearest day on which stock price is smaller than the given day
3. If there are two results, then player 2 finds the day number which is smaller
4. If no such day exits, then the answer is -1.

Example 1

stockData size n =10;

stockData = [5,6,8,4,9,10,8,3,6,4]

queries = [6,5,4]

Result is [5,4,8]

On day 6, the stock price is 10. Both 9 and 8 are lower prices one day away. Choose 9 (day 5) because it is before day 6. On day 5, the stock price is 9. 4 is the closest lower price on day 4. On day 4, the stock price is 4. The only lower price is on day 8. The return array is [5,4,8]

Example - 2

stockData size n = 10

stockData = [5,6,8,4,9,10,8,3,6,4]

queries = [3,1,8]

Result is [2,4,-1]

If the day number is 3.both days 2 and 4 are smaller.choose the earlier day,day 2.

If the day number is 1,day 4 is the closet day with a smaller price.

If the day number is 8,there is no day where the price is less than 3.

The return array is [2,4,-1]

Code Snippet:

/*

     * Complete the 'predictAnswer' function below.

     *

     * The function is expected to return an INTEGER_ARRAY.

     * The function accepts following parameters:

     *  1. INTEGER_ARRAY stockData

     *  2. INTEGER_ARRAY queries

     */

def predictAnswer(stockData, queries):

The current yield curve for default-free zero-coupon bonds is as follows:

Maturity (Years) YTM
1 5%
2 4%
3 3%
4 2%

a. What are the implied 1-year forward rates for year 2, year 3, and year 4? (3 points)
b. Assume that the pure expectations hypothesis of the tern structure is correct. If market expectations are accurate, what will be the pure yield curve (i.e., the YTM on 1-year, 2-year and 3-year zero-coupon bonds) next year? (3 points)
c. If you purchase a 3-year zero-coupon bond now, what is the expected total rate of return over the next year? What if you purchase a 4-year zero-coupon bond? (4 points)
d. What should be the current price of a 4-year maturity bond with a 3% coupon rate paid annually? If you purchased it at that price, what would your total expected rate of return be over the next year (coupon plus price change)? (5 points)

In her recent book, titled Lean In, Facebook COO Cheryl Sandberg suggested that, “we need to teach women to raise their hands more.” As a curious researcher, you wonder if that is really the case. Using data from a local school survey, test the research hypothesis at the 0.01 level of significance that there is a difference in the number of times boys and girls raise their hands in class. Use the file homework5.xls (posted on Blackboard) to do this on Excel first. In the file you will find two variables, one for gender and one for hands up. Boys are coded as 1, and girls are coded with 2. Do this problem by hand as well, and double check your answers. What is your conclusion regarding the research hypothesis? Do you reach the same conclusion using Excel? Make sure you include your calculations by hand and the Excel outcome (copy and paste) to receive full credit.

Find the five number summary for the data given in the following stem and leaf plot.

Min =
Q₁ =
Median =
Q₃ =
Max =

After reading the definition of aleatory and epistemic uncertainties, make a list of four uncertainties that you had to deal with that you would classify as primarily aleatory. Then do the same thing for four that are epistemic. At least some of these should be related to professional issues:

Aleatory:

1.

2.

3.

4.

Epistemic

1.

2.

3.

4.