In the Lecture
What is another name for the Sarbanes-Oxley Act?
SOX
Name a well-known national park in the US.
Yellowstone, Grand Canyon, Zion, Grand Teton, Yosemite.
The United Kingdom is made up of how many countries?
4 - England, Scotland, Wales, and Northern Ireland.
What does GDP stand for in economics?
Gross domestic product
What is the most common surname in the United States?
Smith
How many ingredients of internal control does COSO list?
5
The capital of Florida is...?
Tallahassee.
What is the capital of Spain?
Madrid
What is the term for a market structure where there is only one seller?
Monopoly
What is the 4th letter of the Greek alphabet?
Delta
Step one of the principles of internal control is...?
Establish responsibilities.
The world's second-largest swimming pool is in what country?
Chile
Which is the largest desert in Africa?
Sahara
What economic principle describes the inverse relationship between price and quantity demanded?
The law of demand
How many dots appear on a pair of dice?
42
Ensuring that the person who goes to the bank is not the same person who reconciles the bank account is an example of what?
Separation of duties.
Which country in South America borders all but two countries in South America?
Brazil
What s the most populous city in Europe?
Berlin
What is the name of the grocery store concept with no checkout lines rolled out by Amazon in 2018?
Amazon Go
In which country would you find Mount Kilimanjaro?
Tanzania
Fund for small payments for such things as shipping fees, minor repairs, and supplies.
Petty cash.
How many countries are in South America?
12
How many countries are in Europe?
44
French–Lebanese–Brazilian businessman Carlos Ghosn escaped Japan in the middle of the night on December 30, 2019 by flying to Beirut while possibly hiding in a large black audio equipment box. Ghosn was facing trial in Japan and claimed he "escaped injustice." He was facing false accounting charges related to his 17 years as the CEO of what auto manufacturer?
Nissan
Which term describes a contractual agreement where one company has an established trademark or brand that they license to others to market and sell for profit as long as they pay them royalties and other fees?
Franchise