1.Describe five significant risk factors that the company faces (NIKE INC. 2019).Hint:Look in the Nike Inc's 10-K.

2.Explain the COSO Internal Control Framework in a way that non-accountants could understand.Your explanation should include information about all five components.

3.Explain five key internal controls that should be implemented in the Revenue Cycle of any large corporation.

The five internal controls that should be implemented in the Revenue Cycle of large corporations are separation of duties, access controls, physical audits, standardized financial documentation, trial balances.

4.Explain five key internal controls that should be implemented in the Expenditure Cycle of any large corporation.

5.Read Paul Kiernan's article "SEC Votes to Ease Audit Requirements for Smaller Companies" that was recently published in The Wall Street Journal.What is your opinion about the SEC's decision?