Participation Questions - Chapter 4

Please wait until the chapter has been fully covered in class to answer all of the participation questions in Webcourses. 

Instructions:

What: After class is 100% completed for each chapter, you will be asked to answer 5 questions that pertain to the class materials (not necessarily from the textbook, but based on the class viewed live or via video). The questions are available for approximately one week after each chapter is completed. Although your ability to answer the questions in Webcourses is limited in time, the class videos will remain available in Webcourses throughout the semester. Please wait until the chapter has been fully covered to answer all of the participation questions in Webcourses.

Questions:

• • Name of one of the firms that are included in the top ten largest accounting frauds?
  • Tyco, Apple Computers, Blockbuster Video, or Home Depot
  • Name of movie that was used as an example for internal controls in the lecture?
  • Iron Man,  Step Brother, Employee of the Month, or The Breakfast Club
  •  What is at the bottom of the framework for internal controls pyramid?
  • Monitoring, Information and Communication, Control Environment, or Risk Assessment
  • What ‘opinion’ did the accounting firm offer on JC Penney’s financial statements for their year ended January 31, 2015?
  • Unqualified, Qualified, or Adverse
  • When reconciling a bank statement, journal entries are never needed on the bank side of the reconciliations. 
  • True or False

Why: The participation questions are designed to make sure you are engaging with the course materials on a timely and consistent basis.  

Evaluation: You have only 1 attempt for the participation questions.