Go to Apple's website (investor.apple.com) and explore the website. Click on the SEC Filings link. Obtain the
Question:
(a) What are Apple's products?
(b) Who are Apple's competitors?
(c) Who are Apple's customers?
(d) Who are Apple's suppliers?
(e) How does Apple market and distribute its products?
(f) (i) What is Apple's basic business strategy (cost leadership or differentiation)?
(ii) What are critical business processes for Apple given its basic business strategy (for example, supply chain management)?
(g) What accounting information is associated with the critical business processes and how does Apple measure-up on that information?
(h) What accounting method is Apple using to report the accounting information associated with critical business processes and what is the risk of material misstatement?
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a Apples primary product offerings include the following items iPhone iPad Mac iPod Apple TV a portfolio of consumer and professional software applications the iOS and OS X operating systems iCloud an...View the full answer
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