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2 years ago

In the case of reisman v. kpmg peat marwick llp, the auditors were found guilty of fraud because?

1 answer:

6 0

In the case of Reisman v. KPMG peat Marwick LLP, the auditors were found guilty of fraud because they were aware of misrepresentations that were relied upon by others.

Plaintiffs contend that KPMG is responsible for producing, providing, issuing, and fraud actively taking part in the issuance of false and misleading financial statements that were provided to the plaintiffs with knowledge of their untruth and with the knowledge that the plaintiffs would depend on them.

Also examined by KPMG were the Marcam-created 1993 quarterly financial statements. None of these quarterly financial statements were ever audited by KPMG, and no audit reports, opinions, or other statements were ever made in connection with them. The Reismans and anyone else at Varnet did not receive copies of Marcam's financial statements from KPMG.

Varnet did not seek any advice from KPMG regarding the subject matter, and KPMG was never contracted to provide any services in connection with the Marcam deal.

To learn more about fraud refer to:

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qwelly [4]

The correct statements are the following:

In general, most Texans are conservatives: This is true because the Republican Party (of conservative views) has historically controlled the seats for both houses in Congress, as well as state offices, meaning that the majority of the Texas population has a conservative view. The only locations where the Democratic Party (of liberal views) has predominance are Austin, Houston, and Dallas, and San Antonio.

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3 years ago

Given the assumption that behavior serves a purpose (function), we ___________ what happens when those behaviors occur to develo

klasskru [66]

Answer:

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The behavioral pattern would need some evaluation in order to get additional information about the subject matter. After the hypothesis have been proven and looked into over and over again then a theory can be formed.

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3 years ago

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When will the irs start accepting tax returns?

Whitepunk [10]

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3 years ago

A scientist who begins by doubting, and who analyzes all scientific claims while asking "how does it work? is exemplifying which

Lina20 [59]

Answer:

c.)skepticism

Explanation:

Skepticism defined as the word which is used in reference to a person or the word which defines a person's questioning attitude or doubt towards putative knowledge or belief.

Skepticism occurs in the context of philosophy.

But it can be applied to any pseudoscience, politics, religion.

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3 years ago

What could a President do to increase Cabinet members' value as advisers?

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The correct answer is B; choose only highly qualified individuals for Cabinet posts.

Further Explanation:

Almost all of the presidents have appointed their Cabinet members either from political affiliation or the Cabinet members were from the previous administration and they may be a different affiliation. The The president needs to seek highly qualified people for the roles in his cabinet, no matter the affiliation.

Cabinet members are there to provide support and direction for any president. They will advise the president on all important aspects of running the White House and be his close advisers. Cabinet members should possess certain skills such as;

Acceptable to labor unions
Good reputation with business and industry
Financial skills
Background that is compatible with the department

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3 years ago

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