Reference no: EM132463833

Question 1: You are a staff accountant at Outrageous Corporation. The controller of the company is concerned that profits reported in the annual report will not meet the forecast made at the beginning of the year. He asks you to decrease the amount of annual depreciation on equipment by changing the estimated life to produce less depreciation expense. When you tell him that changing useful life solely to " manage" profits is not appropriate he tells you that " everyone does it . You realize that if you fail to do what your boss wants, you may receive an unfavorable performance evaluation. How do you resolve this dilemma? Please summarize your thoughts and reasoning.

Question 2:  Your explanations of these examples should be specific and well explained. For example, if one of your disadvantages involves the aspect of possible fraud occurring then cite an event where someone was able to commit a fraud.

• Support each example by using a reference. As always, your real-life experiences on this subject matter are greatly welcomed, just be sure to still include atleast two references.

• Please post your two hundred and fifty word minimum of the pitfalls of manual accounting here by Sunday. Of course, you will be graded on the components previously explained for your writing assignments.

Question 3:  As in all areas of IT, DBMSs are constantly changing and improving. Research how businesses are using DBMSs, and write report of your findings.

• Please do some research to support your answer. Your report should be a minimum of five hundred word, properly formatted, with proper APA format for references