Name:In this assignment, you must answer the “Answer Implying Guilty,” and the “Answer Implying Not Guilty” questions. Both responses must start by stating either “Yes” or “No” for each charge and a brief summary that explains why. One example of the first question was provided.IMPORTANT: ALL IMPLYING GUILTY ANSWERS ARE NOT ALWAYS “NO” RESPONSES AND ALL IMPLYING NOT GUILTY ANSWERS ARE NOT ALWAYS ‘YES’ RESPONSES.QuestionAnswer ImplyingGuiltyAnswer ImplyingNot GuiltyEXAMPLE:Could other DLP traders have manipulated GEDS’s transaction systems like Kerviel did?No, the methods employed by Kerviel were so intricate that no one else could have replicated them.Yes, Kerviel did not have to customize the systems in any way in order to conceal his unauthorized and fictitious trades.1Had there been any previous instances or notifications of deficiencies in DLP’s controls?2Was Société Générale prudent in assigning sole responsibility for market risk oversight to trading management?3Did GEDS make effective use of market risk management?4Why did financial reporting catch the fraud, not trading management, operations, or risk management?5Was Société Générale so focused on achieving growth on many fronts that it neglected to invest insufficiently robust systems and internal controls?