5.3 and 5.7 thanks

192 MANAGING ORGANIZATIONS ANALYSIS AND INTERPRETATION PROBLEMS AIP 5.1 Monitoring LO 4 Drivers for long hod (international and cross-country) moving companies le g., Alled Van l Euro Tronsportl are ofhen independent contraciors, whereas inder city movers are uwolly employees of the compony Why are lang-houl drivers ohen no employes of a compony AIP 5.2 Voluntary Disclosure of Performance Measures LO 4 The US Securities Acts of 1933 and 1934 required publicly troded companies to audited financial statements with the government and regulated the contenl and nature of these file annud flin ngs. Yet, prior to these legislative requirements, many firms voluntarily issued audited prohe and loss slatements and bolance sheets Discuss the odvanitages and disadvantages of such voluntary disclosures. AIP 5.3 Separation of Duties LO 1 in a bank, the employse interocting with someone seeking o loan does not have the authority to grant the loan. Why is the employee not given the responsibility to grant the loan? AIP 5.4 Choosing Performance Measures LO 1, 5,9 Jen and Barry opened an ice cream shop in Manchester. It was a big success, so they decide to open ice cream shops in many cities including Bristol. They hire Dante to manoge the shop in Bristol. Jen and Barry are considering two different sets of performance measures for Dante. The first set would grode Dante bosed on the cleanliness of the restaurant and customer service. The second set would use accounting numbers, including the profit of the shop in Bristol What ore the odvantages and disadvantages of each set of performance measures