please address the files

3. Look up the AICPAAudit & Accounting Guide Airlines, then look for the table of contents to this guide. Imagine that you’ve just been assigned to the audit of an airline. Name two chapters from this book that you might read (or skim) in advance of the engagement, and explain why you chose these

6. A cable network has just entered into an agreement granting it the right to show reruns of a hit TV series. In exchange for this right, the network must pay the TV show’s creators a fee each time the show airs

7. An online restaurant booking site sells a $100 meal voucher, good for $100 toward a meal at Randall’s Steakhouse, to a customer for $60. When the customer presents the voucher to Randall’s Steakhouse, the restaurant booking site must remit $50 to Randall’s, retaining $10

8. A company’s auditor is questioning the appropriateness of the company’s discount rate assumption, which it uses to measure its defined benefit pension obligation.

For each of the following sample scenarios (in questions 16–19),

identify one or more biases that could be at play, then explain.

16. A judge ruling in a securities fraud case found a corporation guilty of misleading investors because the com-pany’s disclosures predicted that a new drug would likely receive FDAapproval years before the actual approval came through. What bias may have been at play for the judge in reaching this ruling?

17. Growth rates in sales had slowed versus the prior year. A task force was convened that consisted of senior vice presidents from across the company, plus one executive vice president (the COO). The COO came to the meet-ing prepared to offer a solution. When she did, the group agreed it was the appropriate path forward and set in motion a plan to implement her recommendation.

18. Upon adoption of the new revenue standard, a company wrestled with a gross versus net accounting policy judg-ment and ultimately rationalized that it should likely continue its current position unless there was a compelling reason in the guidance to change