How each of the risks you identified could affect mcdonald

Assignment Help Business Law and Ethics
Reference no: EM131624843

Question: Internal Auditors in the Fast-Food Industry. Internal auditors perform risk-based audits that go beyond the risks of the financial statements. Assume you are on the internal audit staff of McDonald's. Required:

a. Identify the risks in the fast-food industry associated with Competition.

2. Customer preference.

3. The economy.

4. Technology.

5. Regulation.

6. Other risks.

b. Explain how each of the risks you identified could affect McDonald's.

c. Explain how these risks might affect the internal audits performed by the internal audit staff for McDonald's.

Reference no: EM131624843

Questions Cloud

Discuss a meta-analysis : Perceived Workplace Racial Discrimination and Its Correlates: A Meta-Analysis
Problem related to the gao auditor independence : The GAO reporting standards for performance audits state that each report should include "recommendations for action to correct the problem areas.
Show the journal entries required at the time of disposal : On June 30, 2012, the company sold old office equipment for $24,000. Show the journal entries required at the time of disposal
Based on relative sales values allocate joint costs : Based on relative sales values at the split-off point, allocate Joint costs to Products A and B.
How each of the risks you identified could affect mcdonald : Internal Auditors in the Fast-Food Industry. Internal auditors perform risk-based audits that go beyond the risks of the financial statements.
Consider a potential gap in the literature : Consider a potential gap in the literature that is emerging from your ongoing reading in your field of interest including the two specific articles.
Find the expected return on nike shares : The market price of a share of Nike's equity as of the end of fiscal year 2010 was $74. Find the expected return on Nike's shares as implied by the market price
Explain kinds of uneconomical or inefficient practices : CPA Involvement in an Expanded-Scope Audit. A public accounting firm has been engaged to audit a local food distribution program funded by the U.S. Department.
How much mark should be willing to pay for the annuity : Calculate how much Mark should be willing to pay for the annuity if he can invest his funds at 7%

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Legal environment of business caselet

The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..

  Business ethics & legal issues caselet

This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.

  Questions on business law and ethics

Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.

  Discuss the doctrine of ratification of pre-incorporation

With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.

  Discuss the extent of phoenixing activity

It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.

  Application of law to facts

Company Law, Application of Law to Facts and Conclusion.

  Question on business law and ethics

This assignment related to business law.

  Questions on business law

Answer all the questions under business law.

  Iidentify the issue raised by the facts

Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.

  Evaluation of software development

Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.

  Business value and ethics

Business value and ethics,  Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..

  Explain what is meant by income by ordinary concepts

Advise what tax consequences arise in respect of the payments.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd