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QUESTION

For Starbucks, answer these questions about management. 1. Do one or a few individuals dominate management and operating decisions?

Does management adequately monitored business risks?

4.Does management encourage that everyday dealings with customers, suppliers, employees, and other parties be based on honesty and fairness?

5. Has management established and maintained effective internal control over financial reporting?

6. Is there a motivation for management to engage in fraudulent financial reporting? 

7. Has management adopted sound accounting principles?

8.Does management adequately consult with its auditor on accounting issues?

9. Is management willing to adjust the financial statements for misstatements that approach a material amount?

10. Is there high turnover of senior management, legal counsel, or board members?

11. Is there a known history of securities law violations or claims against the entity or its senior management alleging fraud or violations of securities laws?

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