which of the following choices does not correctly match the nutrient with one of its primary functions
a: B12 the risk of deficiency is increased in the elderly
b: thiamin:those who abuse alcohol or at particularly high risk of a deficiency
c: folate: deficiency impairs hemoglobin synthesis
D folic acid deficiency during pregnancy increases the risk of a neural tube defects in the infant

From the following questions, please choose one of these three corresponding answers as a match:

* Opinion modified as a result of a scope limitation

* Opinion modified as a result of a misstatement

* Unmodified opinion

Questions:

1. The auditor did not receive management's personal financial statements.

2. During the period audited, the client changed its accounting policy for recognition of bad debt expense from the allowance method to the direct write-off method.

3. The auditor did not receive the audited financial statements of a clients subsidiary.

4. The client's legal counsel refused to respond to the auditor's letter of inquiry.

5. The client's current-year income statement includes amortization expense of goodwill.

6. The CEO of the client refuses the auditor access to minutes of board directors meetings.

Each scenario below practices one of the 12 Principles of Economics. Match the principles to the appropriate scenario listed and justify your answer. A principle will only be used once, and not all principles are used.  

The 12 Principles of Economics:

1. People must make choices because resources are scarce.

2. The opportunity cost of an item — what you must give up in order to get it — is its true cost.

3. “How much” decisions require making trade-offs at the margin: comparing the costs and benefits of doing a little bit more of an activity versus doing a little bit less.

4. People usually respond to incentives, exploiting opportunities to make themselves better off.

5. There are gains from trade.

6. Because people respond to incentives, markets move toward equilibrium.

7. Resources should be used as efficiently as possible to achieve society’s goals.

8. Because people usually exploit gains from trade, markets usually lead to efficiency.

9. When markets don’t achieve efficiency, government intervention can improve society’s welfare.

10. One person’s spending is another person’s income.  

11. Overall spending sometimes gets out of line with the economy’s productive capacity.

12. Government policies can change spending.

Scenarios

1. Even though generally more expensive, energy efficient appliances and vehicles sell better with a rebate or tax credit.

2. Airlines will charge a fee for each additional suitcase you may want to take with you on a trip.

3. At a restaurant, when ordering an entrée, you get to choose two side dishes from a group of five side dishes.

4. Instead of growing your own food and making other necessities you decide to specialize in a particular profession and purchase things, even things that you would have not been able to make yourself.

5. There is an incredible variety of goods and services available at many different price points even though no single entity or government is deciding or dictating the market what to do.

6. In its effort to limit the effects of rising inflation, the Federal Reserve System reduces the quantity of money in the economy, but sees an increase in unemployment

7. While consuming the same amount of farmers’ labor and capital the newly developed hybrid crops achieve twice the yields of the previous crops.

8. You have noticed that the same amount of money buys you fewer goods and services than it did a year ago.

9. You worked for extra pay on a holiday and therefore missed out on your neighbor's’ barbeque.

10. Two major suppliers of powdered baby food formula are challenged by government on grounds of price fixing.

Read each of the research activities below and match them to one of the 6 subdivisions of biopsychology

(physiological psychology, psychopharmacology, neuropsychology, psychophysiology, cognitive neuroscience, comparative psychology).

1-Investigating which great ape species (chimpanzees, gorillas, and bonobos) is most capable of learning to use American sign language

2-Demonstrating that patients with frontal lobe damage engage in more impulse behaviors and have more frequent emotional outbursts

3-Discovering that the drug ketamine works to relieve depression symptoms much faster than traditional antidepressant drugs

4- Using brain imaging to determine which brain areas are most active when we look at others’ faces

5- Using rats to determine how cutting the connection between the two cerebral hemispheres might affect motor coordination

6- Finding that brain activity changes during different parts of the sleep cycle by using scalp electrodes to perform noninvasive recording of electrical signals

Eight Ways to Build Effective Teams

Match each name with their scenario to one of the methods for building effective teams that fits best with the example

Graham - For his first team meeting, Graham bakes and decorates a beautiful batch of Holidays cookies for his teammates. His boss pulls him aside before the meeting starts and tell him that he should think about how this will be perceived; others might think he has too much time on his hands and doesn’t spend enough time on his work.

Dominique - Dominique focuses on rewarding her entire team’s performance rather than individual team members’ performance.

Carter - Carter meets individually with each of his team members every quarter to review their performance and progress toward their objectives.

Leia - As a team manager, Leia makes a point to avoid speaking unkindly of team members to other team members, and she always sticks up for team members who are treated unfairly.

Javier - Javier hires team members that represent the wide array of diversity in his company’s customer base.

Ki - Ki is careful not to put certain personalities on the same team. For example. Lauryl and Hamad are both extremely solutions-focused and have little tolerance for pleasantries, chit-chat, or other activities that help group members bond. KI usually does not assign them to the same project teams.

Oscar - Oscar Gives team members the freedom to make important decisions on matters such as team deadlines and resource allocation.

Selena - Selena hold say 15-minute informal chat session at the end of each team meeting where all team members are expected to express the things that are bothering them, issues they I'm having with team members, and so on.

Match the name to one of the method for building effective teams its scenario best exemplifies.

1. Collaboration

2. Trust

3. Performance, Goals, & Feedback

4. Motivation through Mutual Accountability & Interdependence

5. Team Composition

6. Roles: How team members are Expected to Behave

7. Norms: Unwritten Rules for Team Members

8. Effective Team Processes

Match the following constellations with the number of days the sun spends in each constellation. One answer is be used twice.

Ford Motor Company just paid a dividend of $1.80 per share and its stock has a beta of 1.2. Risk free rate is 4% and expected return of the stock market is 12%. Ford wants to change its dividend policy to one of the two alternatives, what will be today’s stock price under each situation?

1. Keep plowback ratio at 100% for the next 5 years. At the end of the sixth year, Ford will pay a $3 per share dividend and after that future dividend will increase 8% per year indefinitely
2. Decrease its dividend by 5% next year, then another decrease by 10% in year two. After that, the dividend will increase at a rate of 8% per year indefinitely.

Determine the before and after-tax return from each of the following trades. Assume a

marginal tax rate of 40%.

a. You purchase a bond today that has a quoted price of 94.455/94.695, a fixed coupon

rate of 6% (paid quarterly) which last paid a coupon 40 days prior. You sell the

bond in exactly one year for a quoted price of 97.565/97.950.

b. You purchased a newly issued bond one year ago. At the time of issuance, the bond

was sold by the company for par, had a coupon rate of 5.5% (paid semi-annually)

and 10 years to maturity. The YTM on the bond today is 6.25% and you sell it.

Sheffield Inc. has provided you with the following information. This company purchases its inventory from a supplier for cash and has only cash sales. Sheffield uses the average cost formula in a perpetual inventory system. Increased competition has recently reduced the price of the product.

Based on your answer to part (c), determine whether the company should record a journal entry at the end of April and, if so, prepare the entry. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Round answers to 2 decimal places, e.g. 1.25. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
answer to part C was $2450 (49 x 50)