Tik Tok Sues the U.S.

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

Tik Tok sued the U.S. government for the policy of the Trump Administration that deprives it of its due process of blocking the app from operating in the country. Questions: Where was the lawsuit filed? What was the other app besides Tik Tok that Trump issued a ban against? How many workers does Tik Tok… Read more »

Cars To Go

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Fraud Accounting, Intermediate Accounting, Managerial Accounting.

According to Buzz Feed News, police are questioning more than a dozen people over the theft of 100 expensive automobiles in Chicago after a car sharing company reported that some of its fleet was stolen using its mobile app, forcing it to temporarily shut down the service in the city. Questions: What are most of… Read more »

“You’re Fired” In A Posting for All to See!

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In November 2017, manager, Fox Lui, wanted everyone to know that an employee was leaving the Meitu company because he had fired her, so he blasted her for poor execution and not embracing the company’s “user-first” values in a posting for all to see. Questions: 1. What is Meitu’s main business? 2. What does the… Read more »

Let’s Have Pizza!

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According to the New York Times, the uptick in pizza sales in Brooklyn at Domino‚Äôs Pizza is due to stolen credit card numbers being used to order to see which cards were still active and could be used for bigger purchases. Questions: 1. Explain why the article called this a blend of high-tech fraud and… Read more »