Help.Thanks

Academic Research Cases 147 a. 3-46 Ford Motor Company (LO 1, 2, 10) At the SEC website, obtain Management's Report on Internal Control provided by Ford Motor Company for the year-end December 31, 2016. (See p. 100 of Form 10-K, via EDGAR at www.sec.gov.) Ford management comments on the fact that internal control over financial reporting has "inherent limitations." What are those inherent limitations? b. Locate the CEO certification toward the end of Ford's 10K (Exhibit 3.9). Summarize the main components of the certification. Why should users of the financial statements be assured by the statements made in the certification? How does management obtain comfort that internal control does not contain any material weaknesses? d. From a conceptual point of view, assume that two companies are the same size, participate in the same industry, and have the same reported net income. However, one has a material weakness in internal control over financial reporting and the other does not have any material weaknesses. Should the stock price of the two be different? What is the rationale for your answer? C. rch Cases