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andreev551 [17]

3 years ago

6

The _____ was/were enacted to restore confidence in financial reporting and business ethics after the accounting scandals of the

early 2000s.

1 answer:

dybincka [34]3 years ago

6 0

The Sarbanes-Oxley Act was enacted. It gave more responsibility and harsher penalties to managers who signed off on financial records.

You might be interested in

what is the level of interdependence among departments (finance, marketing) in a business school? what kinds of coordination mec

bearhunter [10]

Following are the three levels of interconnectedness that affect organizational structure:

<h3>What is the Parsons Thompson model?</h3>

The three layers or levels of the Parson and Thompson model describe what occurs in the enterprise and how a process or activity serves a particular goal.

Here is a summary of Thompson's levels of interdependence:

In order to create a team where each member contributes to the total, there are three types of interdependence that can be used.

In a business school, the degree of connection between the departments of finance and marketing is:

Structure of Reciprocal Interdependence.

There are various coordination techniques that might be applied to manage the interdependence, including:

complete cooperation
extensive preparation
Mutual apprehension

We must demonstrate the many layers of interconnectedness and how they might be applied in diverse systems, such as a business school's finance or marketing department, in order to answer the issue.

To learn more about Thompson model refer to

brainly.com/question/26895062

#SPJ4

5 0

1 year ago

When manufacturers such as pampered chef sell directly to consumers, they perform both production and retailing activities?

jekas [21]

That statements is true

Manufacturer is a type of business that transform raw materials into a sellable goods, so technically they can be considered as a producer in the market.
Retailers is someone that sell the goods that produced by the manufacturers to the consumers.

So, in this case, they did perform both production and retailing activities

8 0

3 years ago

Pendleton Company, a merchandising company, is developing its master budget for 2015. The income statement for 2014 is as follow

Amanda [17]

Answer:

<u>Budgeted functional income statement for 2015</u>

Gross sales ($2,000,000 × 1.04 × 1.06) $2,204,800

Less: Estimated uncollectible accounts ($2,204,800 × 2 %) ($44,096)

Net sales $2,160,704

Cost of goods sold (1,100,000 × 1.03) ($1,133,000)

Gross profit $1,027,704

Operating expenses (475,000 × 1.10) ($522,500)

Depreciation ($25,000)

Net income $480,204

Explanation:

Make the adjustments stated on the 2014 Income Statement.

For Operating Expenses, it is wise to first remove the depreciation expense and apply the increment of 10% to reflect Operating Costs for 2015.

Treat Depreciation Expense separately and at the same amount as for 2014, since depreciation is calculated on straight line method.

3 0

3 years ago

X Company and Y Company, operating on opposite sides of the country, manufacture equipment that is virtually identical except fo

Makovka662 [10]

Answer:

$14,000

Explanation:

Company X Company Y

cost per equipment $75,000 cost per equipment $65,000

sales price $105,000 sales price $91,000

Both companies sold one unit and they exchanged clients in order to reduce shipping cost:

company X income = $105,000 (selling price) - $75,000 (COGS) + $14,000 (money received from company Y) = $44,000

company Y's income = $91,000 (selling price) - $65,000 (COGS) - $14,000 (money given to company X) = $12,000

This exchange resulted in company X's income increasing by $14,000, while company Y's income decreased by $14,000

6 0

3 years ago

Manila Water, the provider of the water and sewerage services in the capital of the Philippines has purchased the government-own

BabaBlast [244]

Answer:

Planning

Explanation:

Planning can be defined as what is needed and required to achieve a desired goal because PLANNING is the first and foremost activity often needed to achieve a desired goal or results reason been that PLANNING involves the creation as well as the maintenance of a plan and it helps to achieve objectives which is why every organization or company always has certain objectives in which they keep on working hard to fulfill these goals and objectives which in turn helps the organization to achieve their aims.

Therefore based on the information given about Manilla water the development, maintenance, and allocation of resources to achieve its goal will require PLANNING.

5 0

3 years ago