Who is president of rush artist managements and phat farm?

Who is president of rush artist managements and phat farm?
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1 Answer

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Russell Simmons is the president of Rush Artist Management and Phat Farm.
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What are the Steps of risk managements?

Description : What are the Steps of risk managements?

Last Answer : To identify the risk ,to analyze it to determine the impact andset the mitigation to prevent or minimize the impact

Are there any scientifically proven weight managements pills which do not require a Rx?

Description : Are there any scientifically proven weight managements pills which do not require a Rx?

Last Answer : The only over-the-counter weight loss supplement approved by the FDA is Alli. When followed properly, using the drug along with a diet plan helps boost weight loss 30-50%.

Management’s assertions in the financial statements are relevant to the audit process because: a. They provide evidence that auditors have prepared financial statements in accordance with GAAP b. They embody the audit procedures that will be performed by the audit engagement team. c. They include representations of financial statements in accordance with the applicable reporting criteria d. They relate to regulator’s expectations about audit results

Description : Management's assertions in the financial statements are relevant to the audit process because: a. They provide evidence that auditors have prepared financial statements in accordance with GAAP b ... with the applicable reporting criteria d. They relate to regulator's expectations about audit results

Last Answer : They include representations of financial statements in accordance with the applicable reporting criteria

An auditor obtains an understanding of the entity and its environment in order to a. Make constructive suggestions concerning improvements to the client's internal control. b. Understand the events and transactions that may have an effect on the client's financial statements. c. Evaluate whether the aggregation of known misstatements causes the financial statements taken as a whole to be materially misstated. d. Develop an attitude of professional skepticism concerning management's financial statement assertion

Description : An auditor obtains an understanding of the entity and its environment in order to a. Make constructive suggestions concerning improvements to the client's internal control. b. ... misstated. d. Develop an attitude of professional skepticism concerning management's financial statement assertion

Last Answer : Understand the events and transactions that may have an effect on the client's financial statements

Financial statements audits: a. Reduce the cost of capital b. Report on compliance with laws and regulations c. Assess management's efficiency d. Overlook information risk

Description : Financial statements audits: a. Reduce the cost of capital b. Report on compliance with laws and regulations c. Assess management's efficiency d. Overlook information risk

Last Answer : Reduce the cost of capital

Management’s assertions in the financial statements are relevant to the audit process because: a. They provide evidence that auditors have prepared financial statements in accordance with GAAP b. They embody the audit procedures that will be performed by the audit engagement team. c. They include representations of financial statements in accordance with the applicable reporting criteria d. They relate to regulator’s expectations about audit results

Description : Management's assertions in the financial statements are relevant to the audit process because: a. They provide evidence that auditors have prepared financial statements in accordance with GAAP b ... with the applicable reporting criteria d. They relate to regulator's expectations about audit results

Last Answer : They include representations of financial statements in accordance with the applicable reporting criteria

A principal purpose of a letter of representation from management is to a. Remind management of its primary responsibility for financial statements. b. Serve as an introduction to company personnel and an authorization to examine the records. c. Discharge the auditor from legal liability for his examination. d. Confirm in writing management's approval of limitations on the scope of the audit

Description : A principal purpose of a letter of representation from management is to a. Remind management of its primary responsibility for financial statements. b. Serve as an introduction to company personnel and ... . d. Confirm in writing management's approval of limitations on the scope of the audit

Last Answer : Remind management of its primary responsibility for financial statements.

Which of the following factors most likely would heighten an auditor's concern about the risk of fraudulent financial reporting? a. Large amounts of liquid assets that are easily convertible into cash. b. Low growth and profitability as compared to other entity's in the same industry. c. Financial management's participation in the initial selection of accounting principles. d. An overly complex organizational structure involving unusual lines of authority.

Description : Which of the following factors most likely would heighten an auditor's concern about the risk of fraudulent financial reporting? a. Large amounts of liquid assets that are easily ... of accounting principles. d. An overly complex organizational structure involving unusual lines of authority.

Last Answer : An overly complex organizational structure involving unusual lines of authority.

Which of the following is not included in an audit engagement letter? a. Objectives of the engagement b. Representations that the financial statements were prepared in accordance with PFRS c. Management's responsibilities d. A clear explanation of the services to be performed on the engagement

Description : Which of the following is not included in an audit engagement letter? a. Objectives of the engagement b. Representations that the financial statements were prepared in accordance with PFRS c. Management's responsibilities d. A clear explanation of the services to be performed on the engagement

Last Answer : Representations that the financial statements were prepared in accordance with PFRS

A principal purpose of a letter of representation from management is to a. Serve as an introduction to company personnel and an authorization to examine the records. b. Discharge the auditor from legal liability for his examination. c. Confirm in writing management's approval of limitations on the scope of the audit. d. Remind management of its primary responsibility for financial statements.

Description : A principal purpose of a letter of representation from management is to a. Serve as an introduction to company personnel and an authorization to examine the records. b. Discharge the auditor ... the scope of the audit. d. Remind management of its primary responsibility for financial statements.

Last Answer : Remind management of its primary responsibility for financial statements.

In comparing management fraud with employee fraud, the auditor's risk of failing to discover the fraud is a. Greater for employee fraud because of the larger number of employees in the organization. b. Greater for employee fraud because of the higher crime rate among blue collar workers. c. Greater for management fraud because of management's ability to override existing internal controls. d. Greater for management fraud because managers are inherently smarter than employees.

Description : In comparing management fraud with employee fraud, the auditor's risk of failing to discover the fraud is a. Greater for employee fraud because of the larger number of employees in ... existing internal controls. d. Greater for management fraud because managers are inherently smarter than employees.

Last Answer : Greater for management fraud because of management's ability to override existing internal controls

Management’s attitude toward aggressive financial reporting and its emphasis onmeeting projected profit goals most likelywould significantly influence an entity’scontrol environment when a. External policies established by partiesoutside the entity affect its accountingpractices. b. Management is dominated by oneindividual who is also a shareholder. c. Internal auditors have direct access tothe board of directors and the entity’smanagement. d. The audit committee is active inoverseeing the entity’s financialreporting policies

Description : Management's attitude toward aggressive financial reporting and its emphasis on meeting projected profit goals most likely would significantly influence an entity's control environment when a. External ... d. The audit committee is active in overseeing the entity's financial reporting policies

Last Answer : Management is dominated by one individual who is also a shareholder

When considering fraud risk factors relating to management’s characteristics, which of the following is least likely to indicate a risk of possible misstatement due to fraud? a. Failure to correct known reportable conditions on a timely basis. b. Use of unusually conservative accounting practices. c. Nonfinancial management’s preoccupation with the selection of accounting principles. d. Significant portion of management’s compensation represented by bonuses based upon achieving unduly aggressive operating results.

Description : When considering fraud risk factors relating to management's characteristics, which of the following is least likely to indicate a risk of possible misstatement due to fraud? a. ... portion of management's compensation represented by bonuses based upon achieving unduly aggressive operating results.

Last Answer : Use of unusually conservative accounting practices.

In comparing management fraud with employee fraud, the auditor's risk of failing to discover the fraud is a. Greater for employee fraud because of the larger number of employees in the organization. b. Greater for management fraud because of management's ability to override existing internal controls. c. Greater for employee fraud because of the higher crime rate among blue collar workers. d. Greater for management fraud because managers are inherently smarter than employees

Description : In comparing management fraud with employee fraud, the auditor's risk of failing to discover the fraud is a. Greater for employee fraud because of the larger number of employees in the ... blue collar workers. d. Greater for management fraud because managers are inherently smarter than employees

Last Answer : Greater for management fraud because of management's ability to override existing internal controls

Which of the following is incorrect about responsibility for financial statements? a. Management is responsible for fair presentation of the financial statements. b. Auditor is responsible for expressing an opinion on the financial statements. c. Audit of financial statements does not reduce management's responsibility. d. Fair presentation of financial statements is an implicit part of the auditor's responsibility

Description : Which of the following is incorrect about responsibility for financial statements? a. Management is responsible for fair presentation of the financial statements. b. Auditor is responsible for ... . Fair presentation of financial statements is an implicit part of the auditor's responsibility

Last Answer : Fair presentation of financial statements is an implicit part of the auditor's responsibility

A operational audit is primarily oriented toward a. Future improvements to accomplish management’s goals. b. Past protection provided by existing internal control. c. Operational information is in accordance with generally accepted accounting principles. d. Financial statements are fairly presented.

Description : A operational audit is primarily oriented toward a. Future improvements to accomplish management’s goals. b. Past protection provided by existing internal control. c. Operational information is in accordance with generally accepted accounting principles. d. Financial statements are fairly presented.

Last Answer : Future improvements to accomplish management’s goals.

Which of the following is considered a primary reason for creating an internal audit department? a. To safeguard resources entrusted to the organization. b. To evaluate and improve the effectiveness of control processes. c. To ensure the accuracy, reliability, and timeliness of financial and operating data used in management's decision making. d. To relieve management of the responsibility for establishing effective controls

Description : Which of the following is considered a primary reason for creating an internal audit department? a. To safeguard resources entrusted to the organization. b. To evaluate and improve the ... 's decision making. d. To relieve management of the responsibility for establishing effective controls

Last Answer : To evaluate and improve the effectiveness of control processes.

Which of the following is an indication of lack of objectivity of an auditor? a. The auditor believes that accounts receivable may not be collectible, but accepts management's opinion without an independent evaluation. b. In preparing client's tax return, the CPA encourages client to take a deduction which the CPA believes is valid, but for which there is some but not complete support. c. Both a and b above would be a violation d. Neither would be a violation

Description : Which of the following is an indication of lack of objectivity of an auditor? a. The auditor believes that accounts receivable may not be collectible, but accepts management's opinion without an independent evaluation. ... . c. Both a and b above would be a violation d. Neither would be a violation

Last Answer : The auditor believes that accounts receivable may not be collectible, but accepts management's opinion without an independent evaluation.

Which statement is correct regarding the relationship between internal auditing and the external auditor? a. Some judgments relating to the audit of the financial statements are those of the internal auditor. b. The external audit function's objectives vary according to management's requirements. c. Certain aspects of internal auditing may be useful in determining the nature, timing and extent of external audit procedures. d. The external auditor is responsible for the audit opinion expressed, however that responsibility may be reduced by any use made of internal auditing

Description : Which statement is correct regarding the relationship between internal auditing and the external auditor? a. Some judgments relating to the audit of the financial statements are those of the ... opinion expressed, however that responsibility may be reduced by any use made of internal auditing

Last Answer : Certain aspects of internal auditing may be useful in determining the nature, timing and extent of external audit procedures.

Which of the following procedures would an auditor be most likely to perform in planning a financial statement audit? a. Reviewing investment transactions of the audit period to determine whether related parties were created. b. Performing analytical procedures to identify areas that may represent specific risks. c. Obtaining a written representation letter from the client to emphasize management's responsibilities. d. Reading the minutes of stockholder and director meetings to discover whether any unusual transactions have occurred.

Description : Which of the following procedures would an auditor be most likely to perform in planning a financial statement audit? a. Reviewing investment transactions of the audit period to determine ... the minutes of stockholder and director meetings to discover whether any unusual transactions have occurred.

Last Answer : Performing analytical procedures to identify areas that may represent specific risks.

Which of the following is not included in the engagement letter? a. Objectives of the engagement b. Management's responsibilities c. A clear explanation of the services to be performed on the engagement d. Representations that the financial statements were prepared in accordance with generally accepted accounting principles

Description : Which of the following is not included in the engagement letter? a. Objectives of the engagement b. Management's responsibilities c. A clear explanation of the services to ... d. Representations that the financial statements were prepared in accordance with generally accepted accounting principles

Last Answer : Representations that the financial statements were prepared in accordance with generally accepted accounting principles

Which of the following matters is generally included in an auditor’s engagement letter? a. Management’s responsibility for the entity’s compliance with laws and regulationsb. The factors to be considered in settingpreliminary judgments about materiality. c. Management’s vicarious liability forillegal acts committed by its employees. d. The auditor’s responsibility to search forsignificant internal control deficiencies

Description : Which of the following matters is generally included in an auditor's engagement letter? a. Management's responsibility for the entity's compliance with laws and regulationsb. The factors to ... its employees. d. The auditor's responsibility to search for significant internal control deficiencies

Last Answer : Management’s responsibility for the entity’s compliance with laws and regulations

Which of the following factors would most likely cause a CPA to decide not to accept a new audit engagement? a. The CPA’s lack of understanding of the prospective client’s internal auditor’s computer-assisted audit techniques. b. Management’s disregard of its responsibility to maintain an adequate internal control environment. c. The CPA’s inability to determine whether related-party transactions were consummated on terms equivalent to arm’s-length transactions. d. Management’s refusal to permit the CPA to perform substantive tests before the year-end.

Description : Which of the following factors would most likely cause a CPA to decide not to accept a new audit engagement? a. The CPA's lack of understanding of the prospective client's internal auditor's ... . d. Management's refusal to permit the CPA to perform substantive tests before the year-end.

Last Answer : Management’s disregard of its responsibility to maintain an adequate internal control environment

Professional judgment:a. Is not used in making decisions about materiality and audit risk. b. Is necessary in the evaluation of management's judgments in applying the entity's applicable financial reporting framework. c. Should be exercised in planning and performing an audit of financial statements but need not be documented. d. Can be used as the justification for the decisions made by the auditor that are not supported by the facts and circumstances of the engagement

Description : Professional judgment:a. Is not used in making decisions about materiality and audit risk. b. Is necessary in the evaluation of management's judgments in applying the entity's applicable financial ... made by the auditor that are not supported by the facts and circumstances of the engagement

Last Answer : Is necessary in the evaluation of management's judgments in applying the entity's applicable financial reporting framework

The primary purpose of an independent financial statement audit is to a. Provide a basis for assessing management's performance b. Comply with government regulatory requirements c. Assure management that the financial statements are unbiased and free from material error d. Provide users with an unbiased opinion about the fairness of information reported in the financial statements

Description : The primary purpose of an independent financial statement audit is to a. Provide a basis for assessing management's performance b. Comply with government regulatory requirements c. Assure ... users with an unbiased opinion about the fairness of information reported in the financial statements

Last Answer : Provide users with an unbiased opinion about the fairness of information reported in the financial statements

An independent audit is important to readers of financial statements because it a. Provides a measure of management's stewardship function b. Objectively examines and reports on management's financial statements c. Reports on the accuracy of information in the financial statements d. Measures and communicates the financial data included in financial statements

Description : An independent audit is important to readers of financial statements because it a. Provides a measure of management's stewardship function b. Objectively examines and reports on management' ... the financial statements d. Measures and communicates the financial data included in financial statements

Last Answer : Objectively examines and reports on management's financial statements

An independent audit aids in the communication of economic data because the audit a. Lends credibility to the financial statements. b. Confirms the accuracy of management's financial representation. c. Guarantees that financial data are fairly presented. d. Assures the readers of financial statements that any fraudulent activity has been corrected

Description : An independent audit aids in the communication of economic data because the audit a. Lends credibility to the financial statements. b. Confirms the accuracy of management's financial representation. ... . d. Assures the readers of financial statements that any fraudulent activity has been corrected

Last Answer : Lends credibility to the financial statements.

In performing a financial statement audit, which of the following would an auditor least likely consider? a. Internal control. b. Compliance with GAAP. c. Fairness of the financial statement amounts. d. Quality of management’s business decisions.

Description : In performing a financial statement audit, which of the following would an auditor least likely consider? a. Internal control. b. Compliance with GAAP. c. Fairness of the financial statement amounts. d. Quality of management’s business decisions.

Last Answer : Quality of management’s business decisions.

Closing entries are journalized and posted a. before the financial statements are prepared. b. after the financial statements are prepared. c. at management's discretion. d. at the end of each interim accounting period.

Description : Closing entries are journalized and posted a. before the financial statements are prepared. b. after the financial statements are prepared. c. at management's discretion. d. at the end of each interim accounting period.

Last Answer : b. after the financial statements are prepared.

Would it be erroneous to call the morning or afternoon busy drive time "rush hour" in a small town?

Description : Would it be erroneous to call the morning or afternoon busy drive time "rush hour" in a small town?

Last Answer : Not necessarily. The small town may be between two larger cities and be covered up with traffic both morning and afternoon.

Do you feel like rush hour is earlier now than it used to be, pre-pandemic?

Description : Do you feel like rush hour is earlier now than it used to be, pre-pandemic?

Last Answer : I work kitchen at a gas station, rush for us is 4–6 typically on weekdays. Dinner time and people coming home from work. 5 o’clock rush hasn’t changed much where I live, yeah traffic was less when state was shut down, but not anymore. (our state is open)

Why do anti-vaxxers rush to the hospital after catching Covid-19?

Description : Why do anti-vaxxers rush to the hospital after catching Covid-19?

Last Answer : Because they sick? Spitting fax, this guy.

How late to work do you have to be, before your mad rush to get there as quickly as possible, turns into a leisurely stroll, because it does not matter anymore?

Description : How late to work do you have to be, before your mad rush to get there as quickly as possible, turns into a leisurely stroll, because it does not matter anymore?

Last Answer : When I punched a time clock, the clock would register another tenth of an hour every 6 minutes. When they wanted you there and ready for work at 8 o’clock. they meant it!

Do you think Rush Limbaugh would have made jokes about Bernie Sanders?

Description : Do you think Rush Limbaugh would have made jokes about Bernie Sanders?

Last Answer : I don’t think that Limbaugh would have been happy or would make jokes of Bernie Sanders death. It’s weird to cheer when decent people die.

How do people who don't like crowds solve the problem when taking the subway/metro during rush hour etc.?

Description : How do people who don't like crowds solve the problem when taking the subway/metro during rush hour etc.?

Last Answer : I look down at my smart phone and avoid direct eye contact. Also you can avoid the crowd by leaving early when everyone else is sleeping. You can pick a seat away from every one. Or stand in the back looking at the advertisements.

What usually comes first to mind after you feel a sudden rush of happiness?

Description : What usually comes first to mind after you feel a sudden rush of happiness?

Last Answer : Gratefulness.

Why would a herd of deer cross a major highway during rush hour?

Description : Why would a herd of deer cross a major highway during rush hour?

Last Answer : Well, herds of deer tend not to wear wristwatches, os they may not have known it was rush hour. Herds are herds - and deer are not particularly smart animals. They have a leader, and the others just follow. ... a large object is a tree or rock - neither of them move. Cars don't fit their world view.

Why can’t Trump realize that it makes him look weak and gullible following what Ann Coulter and Rush Limbaugh want?

Description : Why can’t Trump realize that it makes him look weak and gullible following what Ann Coulter and Rush Limbaugh want?

Last Answer : In the eyes of his followers, it does not.

Would Trump tap Rush Limbaugh or Ann Coulter to replace Gen. Mattis?

Description : Would Trump tap Rush Limbaugh or Ann Coulter to replace Gen. Mattis?

Last Answer : He would certainly tap Ann Coulter.

Who in Trump's team says "fake news" re. ads by Rush Limbaugh and others?

Description : Who in Trump's team says "fake news" re. ads by Rush Limbaugh and others?

Last Answer : doesn’t the entire team “trump”et the party line? Fake news is any news with negative aspersions on or about Trump. It follows then that virtually all the news involving Trump is conveniently “fake” according to him. It is a simple explanation suitable for minds of matching depth.

Do people get a nicotine rush/ high with their first cigarette?

Description : Do people get a nicotine rush/ high with their first cigarette?

Last Answer : Yes, sometimes to the point of getting sick. It’s called a “buzz” and it’s very fleeting.

Forget about the price. Would you want to be launched into space for 10-15 minutes and be weightless? What a rush!

Description : Forget about the price. Would you want to be launched into space for 10-15 minutes and be weightless? What a rush!

Last Answer : Nope. I hear a lot of people throw up. No thanks.

Are people like Rush Limbaugh and the Howie Carr being tribalists about Trump?

Description : Are people like Rush Limbaugh and the Howie Carr being tribalists about Trump?

Last Answer : They simply follow ratings.

"Fools rush in where angels fear to tread"...what does your brain tell you?

Description : "Fools rush in where angels fear to tread"...what does your brain tell you?

Last Answer : You definitely did the right thing and we can only hope that you scared them enough to think that one of you called the police. I hope the other person ended up being okay. The only thing I ... , all thinking someone else will do something about it , which is precisely how many people have died.

Is there any point in all that stress and rush to buy and prepare things for *********?

Description : Is there any point in all that stress and rush to buy and prepare things for Christmas?

Last Answer : I agree with you. I’d be happy just spending time with my family having a simple meal.

What is your opinion of stores making employees work on Thanksgiving, to start the Black Friday rush?

Description : What is your opinion of stores making employees work on Thanksgiving, to start the Black Friday rush?

Last Answer : I hate it. It is the one uniting holiday in the USA that has not been overly commercialized. It seems to me that there is more pressure this year on stores to stay closed; I have seen some announcements from the bib\g box chains (Costco?) that they will.

Would traffic flow better if rush hour was staggered from schools and businesses?

Description : Would traffic flow better if rush hour was staggered from schools and businesses?

Last Answer : How the heck would you do that? People who work have kids. As it is, it’s hard enough to get the kids to school, get to work, and get home at a reasonable hour.

Do you secretly wish for the Gold Rush idiots to fail?

Description : Do you secretly wish for the Gold Rush idiots to fail?

Last Answer : Yes. They are a bunch of idiots. I have a family member that watches the show and I honestly can’t stand it.

What kind of physical side effects have you had from an adrenaline rush?

Description : What kind of physical side effects have you had from an adrenaline rush?

Last Answer : answer:My eyelids move up and down with great rapidity. You could say they vibrate. Doesn’t seem to impede my vision much though.