Digital assets as evidenced by cryptocurrency must be audited in financial statements.  Some questions raised include whether or not auditors should audit cryptocurrency as cash, financial instruments or something else altogether.
Write a two-page paper that explores your responsibilities as an auditor when it comes to auditing cryptocurrency.
Some of the points that you should address include;

1. Evaluation of the actual blockchain protocol that is used.
2. Consideration as to whether transactions are manually initiated or executed automatically via a smart contract.
3. How does the auditor verify the existence of digital assets compared to traditional assets.
4. The risk of unauthorized or erroneous transactions due to software flaws or hacking.
5. The risk due to reliance on inaccurate information that has been provided to blockchain by third-party data feed services.

Please make sure that you paper includes at least three references and that your paper comports with APA formatting and citation rules.

1. Suppose that there are two candidates in the upcoming presidential election, candidate A and candidate B. Sara notes that she has discussed the presidential election candidates with 15 friends, and 10 said that they are voting for candidate A. Sara is therefore convinced that candidate A will win the election because A gets more than 50 percent of votes.
   Answer the following questions in a Word document and submit:
   1. Based on what you now know about statistical inference, is Sara’s conclusion a logical conclusion? Why or why not?
   2. How many friend samples Sara should have in order to draw the conclusion with 95 percent confidence interval? Why?
   3. How would you explain your conclusion to Sara without using any statistical jargon? Why?
2. By submitting this paper, you agree: (1) that you are submitting your paper to be used and stored as part of the SafeAssign™ services in accordance with the Blackboard Privacy Policy; (2) that your institution may use your paper in accordance with your institution’s policies; and (3) that your use of SafeAssign will be without recourse against Blackboard Inc. and its affiliates.

Q1:  All of the following are historical reasons for the increase in health care expenditures in the U.S. EXCEPT:
A) Cost insulation because of third-party payers.
B) Employer-sponsored health insurance.
C) Universal health insurance coverage.
D) Technological advances in health care.
E) ACA Reforms.
F) Decrease in competition in health insurance sector due to rising data-intensity in the sector.
G) Increased quality of care as measured by tangible outcomes metrics (e.g. life expectancies relating to different procedures and treatments, etc.
Explain your answer(s).
Q2:  Joan was injured in an auto accident. She was totally disabled and collected disability income benefits for 8 months. She would like to return to work on a part-time basis to see if her recovery is complete. Under what type of an insurance contract will her insurer pay disability income benefits to her during the period of her part-time employment?
A) Recurrent disability.
B) Presumptive disability.
C) Permanent disability.
D) Partial disability.
Explain your answer.
Q3:  B-Gallery owns a building on Wharf Street. B-Gallery purchased a Commercial General Liability Policy with no endorsements. All of the following claims would be covered under the policy EXCEPT
A) An artist sued the gallery for slander after an employee of the gallery said the artist’s work looks like it was painted by an intoxicated monkey.
B) A customer is injured when a painting falls from the wall and strikes the customer.
C) A customer is injured after falling on a slippery floor at the gallery.
D) An employee of the gallery accidentally started a fire that caused extensive damage to the building.
E) An owner of an adjacent building negligently floods B-Gallery with water, resulting in damages to the B-Gallery’s inventory.
Explain your answer(s).
Q4:  Executives of a smaller firm listed on the NYSE blocked an acquisition attempt by a larger company. When the stockholders learned they could have made large profits had the acquisition not been blocked, they filed a lawsuit against the executives of the firm. What type of liability insurance protects the executives of the organization against such suits?
A) Dram shop liability insurance
B) Directors and officers liability insurance
C) Employers liability insurance
D) Employment related practices liability insurance
E) Business Interruption insurance
What type of coverage would apply in this case?
1) blanket coverage.
2) corporate reimbursement coverage.
3) personal liability of directors and officers coverage.
4) entity coverage.
Explain your answers.
Q5:  You are risk manager at Bay Engineering, Ltd. You purchased a Commercial Package Policy for your company and added one optional coverage. This option suspends the coinsurance clause and substitutes a new agreement covering any loss in the same proportion that the limit of insurance purchased bears to a value specified in the declarations. This provision is known as
A) waiver of inventory coverage.
B) inflation guard coverage.
C) agreed value coverage.
D) replacement cost coverage
In this case, will the deduction be taken for depreciation when settling a covered loss?

**** THE COMPANY IS APPLE******
Consider and discuss the specific risks and nature of the company you will be auditing and create comprehensive work programs for the Inventory, Warehousing, and Payroll accounts and cycles.
300 WORDS –
Summary if the team noted significant swings in the Inventory balance year-over-year, identify these swings