Question 1: Which method of reporting cash flows from operations does the company use? 21 22 23 24 25 26 27 I O Question 2: Compare net carings to the net cash provided by operating activities. Explain why these two figures are different. Are these two numbers trending in the same direction? What is the largest adjustment item in the operating section for the most recent year? 28 29 30 31 32 33 34 35 Question 3: What items in the investing section have created the largest cash inflow? Largest cash outflow? Did investing activities provide cash or use cash in each of the three years presented? How can you tell? 37 38 39 B C D 43 44 45 Question 4: Did the financing activities provide cash or use cash in each of the three years presented? What are the stock repurchase trends of the company? What are the dividend trends of the company? 46 47 48 49 50 I 51 52 53 Question 5: Does the cash provided by operations cover the amounts of cash used for both investing and financing activities? 54 What does this result mean for the overall amount of cash in the company from the start of the year to the end of the year? Has it increased or decreased? Should this be a concenr for the company? 55 56 57 58 59 60 61 62 Now, locate the Auditors Report, titled "Report of Independent Registered Public Accounting Firm." Address the following 63 questions related to this report. 64 Module 02 Module 03 Module 04 Module 06 + Type here to search O B luu A B Question 1: Who is the letter addressed to? Question 2: What is management responsible for? I Question 3: What is the auditor responsible for? Question 4: Does the auditor give absolute assurance that the financials are free of material error? 1 2. 3 4 5 Question 5: What is the level of assurance given by the auditor? Module 02 Module 03 Module 04 Module 06 Type here to search lige A B D 79 80 81 Question 4: Does the auditor give absolute assurance that the financials are free of material error? 82 83 Question 5: What is the level of assurance given by the auditor? 84 85 86 87 I 88 89 90 Question 6: What policies and procedures does a company's internal control over financial reporting include? 91 92 93 94 95 96 97 98 99 100 Question 7: What audit firm signed the audit letter? Module 02 Module 03 Module 04 Module 06 + O BI 1 RE O Type here to search Question 1: Which method of reporting cash flows from operations does the company use? 21 22 23 24 25 26 27 I O Question 2: Compare net carings to the net cash provided by operating activities. Explain why these two figures are different. Are these two numbers trending in the same direction? What is the largest adjustment item in the operating section for the most recent year? 28 29 30 31 32 33 34 35 Question 3: What items in the investing section have created the largest cash inflow? Largest cash outflow? Did investing activities provide cash or use cash in each of the three years presented? How can you tell? 37 38 39 B C D 43 44 45 Question 4: Did the financing activities provide cash or use cash in each of the three years presented? What are the stock repurchase trends of the company? What are the dividend trends of the company? 46 47 48 49 50 I 51 52 53 Question 5: Does the cash provided by operations cover the amounts of cash used for both investing and financing activities? 54 What does this result mean for the overall amount of cash in the company from the start of the year to the end of the year? Has it increased or decreased? Should this be a concenr for the company? 55 56 57 58 59 60 61 62 Now, locate the Auditors Report, titled "Report of Independent Registered Public Accounting Firm." Address the following 63 questions related to this report. 64 Module 02 Module 03 Module 04 Module 06 + Type here to search O B luu A B Question 1: Who is the letter addressed to? Question 2: What is management responsible for? I Question 3: What is the auditor responsible for? Question 4: Does the auditor give absolute assurance that the financials are free of material error? 1 2. 3 4 5 Question 5: What is the level of assurance given by the auditor? Module 02 Module 03 Module 04 Module 06 Type here to search lige A B D 79 80 81 Question 4: Does the auditor give absolute assurance that the financials are free of material error? 82 83 Question 5: What is the level of assurance given by the auditor? 84 85 86 87 I 88 89 90 Question 6: What policies and procedures does a company's internal control over financial reporting include? 91 92 93 94 95 96 97 98 99 100 Question 7: What audit firm signed the audit letter? Module 02 Module 03 Module 04 Module 06 + O BI 1 RE O Type here to search