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olga_2 [115]
2 years ago
8

which organization issues auditing standards, carries out inspections of public accounting firms auditing us public clients, and

imposes sanctions
Business
1 answer:
Butoxors [25]2 years ago
7 0

The Public Company Accounting Oversight Board (PCAOB) issues auditing standards, carries out inspections of public accounting firms auditing public clients, and imposes sanctions.

<h3>What are sanctions?</h3>
  • Economic sanctions are financial and commercial penalties imposed by one or more nations against a particular self-governing state, group, or person.
  • Economic sanctions may be used for a number of political, military, and social reasons in addition to difficult economic conditions.
<h3> What is The Public Company Accounting Oversight Board (PCAOB)?</h3>
  • The Sarbanes-Oxley Act of 2002 established the Public Company Accounting Oversight Board (PCAOB), a nonprofit organization, to supervise the audits of public companies and other issuers in order to safeguard investor interests and advance the public interest in the creation of informative, accurate, and independent audit reports.
  • In order to protect investors, the PCAOB also controls the audits of broker-dealers, including compliance reports submitted in accordance with federal securities laws.
  • The U.S. Securities and Exchange Commission must approve all PCAOB regulations and standards (SEC).

Therefore, the Public Company Accounting Oversight Board (PCAOB) issues auditing standards, carries out inspections of public accounting firms auditing public clients, and imposes sanctions.

Know more about nonprofit organizations here:

brainly.com/question/26476622

#SPJ4

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You learned in the lesson how the stock market influences the economy. Do you have to own stocks to be impacted personally by th
TEA [102]
No, you do not have to own stocks yourself to be impacted by the change of the markets. Anybody who owns stocks AND run businesses that YOU go too will impact YOU dramatically. If stock prices drop, the amount of money they have will drop considerably, which means they have less money for merchandise. If they don't have merchandise, the businesses will go out, and you will not have anyplace to go too for your needs (for food, medicine, etc)

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5 0
3 years ago
John and Jenny have been saving for two years to take their six children on a vacation to Disneyworld. They are surprised to fin
Anarel [89]

Answer:

The correct answer is d. C2B

Explanation:

It is a business model in which consumers (individuals) create value and commercial companies consume that value. For example, when a consumer writes reviews or when he gives a useful idea for the development of a new product; Then the consumer is creating value for the entrepreneur if the business adopts that idea or input. The concepts of crowd sourcing (tasks performed by a multitude of people) and co-creation are excepted here.

The C2B model, also called reverse auction or demand collection model, enables buyers to name or claim their own price, which is often linked to a particular good or service. The website collects the offers of the demand and then offers those offers to the participating sellers or companies.

6 0
3 years ago
Most economists believe that real economic variables and nominal economic variables behave independently of each other in the lo
docker41 [41]

Answer:

nominal; nominal; real; the classical dichotomy.

Explanation:

Most economists believe that real economic variables and nominal economic variables behave independently of each other in the long run. For example, an increase in the money supply, a nominal variable, will cause the price level, a nominal variable, to increase but will have no long-run effect on the quantity of goods and services the economy can produce, a real variable. The notion that an increase in the quantity of money will impact the price level but not the output level is known as the classical dichotomy.

A nominal variable is the monetary value of a security such as bonds or stocks, without considering any change in price caused by inflation. It is also referred to as the par value or face value.

A real variable measures goods and services taking into consideration any change in price or that has been adjusted for inflation so as to allow comparison of goods with respect to another goods or services.

Hence, if the money supply is increased, it will cause an increase in the price of goods and services but will have no effect on the gross domestic product (GDP), which is known as the classical dichotomy.

3 0
3 years ago
Universities who report information to u.s. news and world report: . sometimes will not admit students until they re-take the sa
Gre4nikov [31]
Universities who report information to US news and world report MAY MANIPULATE THE DATA THEY SENT TO ENSURE A HIGHER RANKING.
In order to build a better image for themselves and in order to attain a higher ranking, Universities may be tempted to alter the information they send to the US new, so that they will be considered to be a good school, thus, increasing the number of students who will consider them.
5 0
3 years ago
The economy has an annual inflation rate of 3.5%. it will take approximately how many years for the price level to double?
EleoNora [17]
To find the answer you will want to follow the rule of 70. The rule of 70 allows you to find the number of years it takes a variable to double.

In this situation, you would divide 70 by 3.5% (variable) giving you 20 years.

It would take approx. 20 years for the price level to double. 
8 0
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