Please keep in mind that the discussion on fraud will evoke some emotions that is human. These are hypothetical situations.

On page 62 of the textbook, the Author Anderson and Enron case is discussed. This event demonstrates the breakdown of ethics and professional judgement in the 1990's / 2000 which resulted in accounting fraud. This occurred when accounting professionals failed to identify, report and correct unethical behavior because in doing so would harm the observer. Enron paid Anderson a total go $52 million making them the second largest client in there Houston Texas office.

The discovery of inaccurate financial statements and the failure to correct it and disclosure it in the 1997 earnings restatements were the primary reasons for fraud that has made Enron a household name today. This example demonstrates fraud from the top down where the professionals lost sight of there obligations during the audit.

The movie the Mule by Clint Eastwood proposed a similar dilemma in that ethics and professional judgement were ignored by all the individuals and fraud crimes were allowed to go uncorrected because there was no checks or voluntary disclosure which poses the question.

Question:

As a CPA or an accounting professional, how would you handle the issue of inaccurate earnings on financials statements if the lead auditor of your firm chose to allow it to go uncorrected.

How would you handle a $10 dollar variance versus a $10 million dollar variance?

ou have had the opportunity to review thermoregulation as is pertains to the human body. With this discussion, you will need to explain what thermoregulation is and why is it important?

Please make an initial post by midweek, and respond to at least two other student's posts with substantial details that demonstrate an understanding of the concepts, and critical thinking. Remember that your posts must exhibit appropriate writing mechanics including using proper language, cordiality, and proper grammar and punctuation. If you refer to any outside sources or reference materials be sure to provide proper attribution and/or citation.

1. The human resource director at Schultz Industries is interested in examining the effect of gender and employee classification on the annual dollar amount of dental claims for unmarried employees in the company. Employee classifications range from category 1 (production-line worker) to category 4 (upper-level management). The director decided to use three replicates for each of the eight treatment combinations, requiring annual claims from 24 different employees. Use the sample results (below) to test for the significance of the gender, employee classification, and interaction between gender and employee classification. Use a significance level of 0.05.

Employee Classification

                        (Note 1: To conduct your hypothesis test for parts (A) and (B) in problem #1, you need to use the randomized block design procedure in Excel denoted by “ANOVA: Two factors without Replication”).

                        (Note 2: For problem #2, you will be using “ANOVA: Two factor with Replication” procedure and will be conducting three hypothesis tests. Please make sure to specify your null and alternative hypotheses for each case and write your conclusion in each case).

As the Director of Human Resources at a transitional health care organization, you are charged with the overall administration of over 700 health care professional employees. This transitional health care orga- nization is currently celebrating its 40th year in the community and serves as a model organization envied by local competitors. As the Director of Human Resources, you are responsible for hiring, orientation, training and development, compensation and benefits, and employee relations. Given the long existence of the organization, there have been many instances where management has been tasked with creating or modifying the company personnel policies and procedures.

You have recently met with the CEO regarding some topics related to human resources, including the concern that the facility is experiencing some complaints regarding management, especially in the area of employee-related adverse actions. Some employees complain that they are being unfairly singled out for corrective actions and progressive discipline. They claim that current policies are being unfairly ad- ministered and some of the policies are out of date. Additionally, there have been too many medication errors and harmful patient treatments by the nursing staff that have resulted in nursing management creating new policies and procedures in an effort to fix immediate issues.

The CEO has directed you to resolve these issues. Given the above scenario, respond to each question with and include references to support your proposed solution.

Question 1

What are some methods or practices to rationally and effectively discuss issues and resolve conflict? (What would your plan be to determine if the undesired patient outcomes are related to policy, related to procedure, or related to some other issue?

Question 2

What are the differences between the Personnel Policy Manual and the Employee Guide?

Question 3

How do you plan to create procedures from policies?

Question 4

What kind of tools would you use to create procedures?

Question 5

How do you determine if each manager is up to date with the policies and procedures?

Question 6

How often should policies and procedures be updated?

Question 7

Who performs the updates to policies and procedures?

1. The current size of the human population on Earth is

A. approximately 7.5 billion and decreasing.

B. approximately 7.5  billion and increasing.

C. approximately 7.5 billion and remaining stable.    

D. approximately 7.5 billion but there is no way to tell where the population is heading.

E. none of the above.

2. For findings of scientific research to be accepted the findings must be

A. repeatable/reproducible

B. involve a large enough sample size to be significant

C. made following the recognized scientific method

D. conducted in an objective fashion

E. all of the above

3. Risk assessment attempts to measure the probability of an event happening as well as assessing the severity of the event should it happen

A. True            B. False

4. Regarding energy, the Earth is a closed system

A. True            B. False

The average (mean) amount of time that a manager at the Mount Pleasant Department of Human Services spends in the annual performance review with an employee is 27.2 minutes, with a standard deviation of 4.9 minutes (normal distribution). What percentage of the annual performance reviews in the department take between 22.3 and 32.1 minutes? Between 17.4 and 37 minutes? Between 12.5 and 41.9 minutes? Explain your answers.

1. The human resources manager at Humber Electronics is interested in relating an employee’s score on a job satisfaction questionnaire to his or her length of service, hourly wage rate, and workload. She defined the variables as follows:
   
   x₁ = number of years with company
   
   x₂ = number of years in current position
   
   x₃ = annual salary (in thousands of dollars)
   
   x₄ = workload (number of hours worked per week)
   
   y = job satisfaction score (out of 15)
   
   The HR manager randomly selected relevant information (see below) about 30 employees. Using Excel, obtain the regression output for the data and answer the following questions:
   1. Explain the meaning of the b₃ coefficient as it relates to this data. [5 point]
      
   2. Calculate the coefficient of determination ( R² ) (4 decimal places). Explain the meaning as it relates to this data. [10 point]
      
   3. State the values of the adjusted coefficient of determination and the standard error of estimate (4 decimals). [5 point]
      
   4. Estimate the job satisfaction score for an employee with 10 years with the company, 4 years in the same position, who is paid $35,450 annually and works 35 hours per week . [5 point]

The coronavirus pandemic is a human tragedy, affecting hundreds of thousands of people globally. It is also
having a growing impact on the global value chain, hence the global economy. All serious companies around
the world have therefore found innovative ways of keeping business going nonetheless. One of such notable
companies is Ghana’s Kantanka Inc. The company has established a dedicated team to ensure a simple but well-
managed set of processes that maximize the health and safety of colleagues and customers. This team is led by
the CEO of the company. The focus of the team has been broken down into five distinct work streams:
 Employee management and wellbeing
 Financial stress-testing and contingency planning
 Supply chain monitoring
 Marketing and sales
 Any other business
Kantanka Inc. is a car manufacturing company originating from Ghana which produces low-end vehicles. The
company’s competitive advantage stems from its unconventional but effective and energy efficient technology
which is not found in most vehicles around the world. The dashboard and other interior parts of the vehicles are
made from wood, and the vehicles are powered by car batteries and solar energy.
Recently, they have added on aircrafts and mechanized farming technologies. The company is set to take the
African market by storm. The company decided in 2015 to enter Nigeria and Germany. With the backing of the
government of Ghana, negotiations with both countries succeeded as negotiators from Nigeria and Germany
were in natural sync with the Ghanaian lobbyist contracted.
Once the company has gone international, it was only natural that value chain activities of the company would
have to be rationalized to deal with the expansion, as well as all forms of risk with respect to exchange rate
fluctuations. Speaking of financials, in this coronavirus pandemic period, companies such as Kantanka Inc. that
entered into future contracts and used currency options as hedging instruments would have less to worry about
since excuses from business partners would almost be non-existent.
Recently in 2017, a company from Sậo Tome and Principé, called PreZi contacted Kantanka Inc. to obtain
permission to use its technology. As to whether to agree or not to the agreement is still under scrutiny by
Kantanka’s international expansion team.
a) Discuss five (5) ways the two negotiators can get along in order for their cultural backgrounds not to
affect the outcome of their bargaining process. [5 marks]
b) Explain three (3) financial risks Kantanka Inc would definitely encounter. [3 marks]
c) What five (5) benefits is Kantanka Inc likely to gain from entering the German market?
[5 marks]
d) Explain five (5) problems Kantanka Inc’s international expansion team should anticipate before entering
the German market. [5 marks]
e) Explain the contractual strategy that would best characterize the Kantanka-PreZi agreement once agreed
to. [2 marks]