A. No the residuals do not indicate heteroscedasticity since the KB .pdf

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A. No the residuals do not indicate heteroscedasticity since the KB test coefficient is significant. B. Yes, the residuals indicate heteroscedasticity since the KB coefficient is not significant. C. Yes, the residuals indicate heteroscedasticity since the KB test coefficient is significant. D. No the model is not heteroscedastic since the KB coefficient is not significant.Is the model heteroscedastic? Check the KB results to determine your answer. Solution Option A as the resduals indicate heteroscedasticity when the KB coefficient is significant..

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a. Explain the evolution of corporate governance. What problems developed? What are the current trends? b. What are the major criticisms of boards of directors? Which single criticism do you find to be the most important? Why? Solution a. Evolution of corporate governance Ever since the concept of corporate entity was recognized, corporate governance in various manifestations has been in existence. b. Major criticisms of boards of directors The major criticisms of board of directors are as follows, Lack Of Diversity Boards of directors have long been criticized for having low numbers of female directors, especially when their constituencies have large numbers of women. In 2012, ConocoPhillips and Facebook were two public companies that added a woman after criticism for solely having white males on their boards. Companies with board diversity have proven to be better performers than companies without board diversity. As a board director, you can support diversity by sourcing and mentoring female and minority professionals who can make valuable contributions to your organization\'s work. Lack Of Expertise Board directors who are not qualified to make decisions related to their roles are criticized once the company goes in a detrimental direction. In 2013, JPMorgan lost two longtime directors because of decisions they made as members of the board\'s risk committee, despite not having backgrounds in risk management. As a board director, be confident in the contributions you make to the board and the company. Work in committees in which you have qualified perspective instead of using board committees as a training ground to acquire new skills. Non-profit Board Weak fundraising, short-sighted strategy and misunderstanding their roles are major criticisms of non-profit boards of directors. They have been chastised for not being stronger fundraisers and being reactive at resolving operational issues instead of creating a long-term strategy for meeting the mission of the non-profit. These relate to not fully understanding the role of a board director versus non-profit executive director and staff roles. You can mitigate these issues by understanding your job description as a non-profit board director, remaining up-to-date on industry and organization trends for educated strategy development and committing to fundraising as well as encouraging your colleagues to do the same. Among these the most important criticism is Lack of expertise because it hampers the company as a whole..

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A. Describe an organization\'s various stakeholders and their different interests (3 principal types and the stakeholders under each type) B. Under what condition can the firm most easily satisfy all stakeholders? C. If the firm cannot satisfy all stakeholders, which ones must it satisfy in order to survive? Solution A stakeholder of a company is an individual or/ and a group who may affect or be affected by the actions of a business. The concept was first introduced in 1963 memorandum in the Stanford Research Institute. It defined the stakeholders as \"those groups minus whose support the organization will cease to exist. \" In the latter decades of the 20th century, the word \"stakeholder\" is commonly used to refer to a person or group that has a legitimate interest in a project or in an entity. In talking about the decision-making process for institutions.

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a. All internal auditors need at least a baseline level of IT audit-related expertise. 1. Identify six specific IT-related competencies (that is, knowledge and skills) that all entry-level internal auditors should possess. 2. Discuss how a college student can begin to develop the knowledge and skills identified in number 1. above. b. Must all internal auditors have the level of IT audit-related expertise expected of an IT auditor? Explain. Solution a) 1) Six specific IT-related competencies are as follows: Security adminstration Access controls at net work Operating system Database and Application levels 2) They will get to knowon their engagement to internal audit. b) Yes, the internal auditors must have IT audit-related expertise for proper adminstration..

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