Study the responsibility statement (labeled Report of Management) and the audit opinion (labeled Report of Independent Auditors) of Target Corporation, financial statements given at the end of Appendix A. Answer the following questions about the company's internal con- trols and cash position. Required 1. What is the name of Target's outside auditing firm (independent auditors)? What office of this firm signed the audit report? How long after the Target year end did the auditors issue their opinion? 2. Who bears primary responsibility for the financial statements? How can you tell? 3. Does it appear that the Target internal controls are adequate? How can you tell? 4. What standard of auditing did the outside auditors use in examining the Target financial statements? By what accounting standards were the statements evaluated? 5. By how much did Target's cash balance (including cash equivalent) change during the year ended January 29, 2000? What were the beginning and ending cash balances?