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mamaluj [8]
1 year ago
11

The Sarbanes-Oxley Act in 2002 was created to protect consumers against false advertising by monopolies.

Business
1 answer:
Igoryamba1 year ago
3 0

The statement "The Sarbanes-Oxley Act in 2002 was created to protect consumers against false advertising by monopolies." is false.

Sarbanes-Oxley Act placed the obligation of responsibility for a company's financial reporting squarely on the shoulders of its top executives in order to safeguard investors from corporate accounting fraud.

It required chief executive officers (CEOs) and chief financial officers (CFOs) to personally attest to the correctness of the information in financial reports and to affirm that controls and procedures were in place to evaluate and verify that accuracy.

In reality, CEOs and CFOs had to personally certify that financial reports complied with Securities and Exchange Commission(SEC) rules by signing them. Failure to comply with this might result in fines of up to $15 million and 20-year prison terms.

Hence, the given statement is false.

Learn more about the Securities and Exchange Commission:

brainly.com/question/3798508

#SPJ1

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According to the PMQ Pizza Magazine, an estimate of pizza sales in the United States for the top 100 pizza companies was $44.3 b
shusha [124]

Answer:

PMQ Pizza Magazine

Estimate of Pizza Sales in the United States for top 100 pizza companies

a. Computation of the sales per franchise unit:

Name of company              Units          Sales      Sales per Franchise unit

Domino's                           14,490       12,252           $0.845

Pizza Hut                           16,336       12,034              0.737

Little Caesars Pizza            5365        4,000              0.746

Papa John's International   5071        3,695              0.729

California Pizza Kitchen       260           840              3.231

b. Frequency distribution based on total sales:

Frequency               Sales ($ millions)

O up to 1750                      840

1750 up to 3500                    0

3500 up to 5250           7,695

5250 up to 7000                  0

7000 up to 8750                  0

8750 up to 10500                0

10500 up to 12250     12,034

12250 up to 14000     12,252

Total sales                 32,821

c. Frequency distribution of companies based on per unit sales:

Frequency Per unit sales ($ millions)

0.0 up to 0.5               0

0.5 up to 1                    4

1 up to 1.5                     0

1.5 up to 2                     0

2 up to 2.5                   0

2.5 up to 3                    0

3 up to 3.5                    1

3.5 up to 4                   0

Total                          5

Explanation:

a) Data and Calculations:

Total estimated sales in 2018 = $44.3 billion

Top 5 Companies Total gross sales in $ millions.

Name of company              Units          Sales      Sales per Franchise unit

Domino's                           14,490       12,252           $0.845 (12,252/14,590)

Pizza Hut                           16,336       12,034              0.737 (12,034/16,336)

Little Caesars Pizza           5,365        4,000              0.746 (4,000/5,365)

Papa John's International  5,071        3,695              0.729 (3,695/5,071)

California Pizza Kitchen       260           840              3.231 (840/260)

b. Frequency distribution based on total sales:

Frequency               Sales ($ millions)

O up to 1750                      840

1750 up to 3500                    0

3500 up to 5250           7,695

5250 up to 7000                  0

7000 up to 8750                  0

8750 up to 10500                0

10500 up to 12250     12,034

12250 up to 14000     12,252

Total sales                 32,821

c. Frequency distribution of companies based on per unit sales:

Frequency Per unit sales ($ millions)

0.0 up to 0.5               0

0.5 up to 1                    4

1 up to 1.5                     0

1.5 up to 2                     0

2 up to 2.5                   0

2.5 up to 3                    0

3 up to 3.5                    1

3.5 up to 4                   0

Total                          5

7 0
3 years ago
How do upgraded urls help advertisers with third-party conversion tracking?
Sedaia [141]
It helps advertisers with conversion tracking because it manages a single tracking url at the campaign level, or group level that is separate from the landing page url
4 0
3 years ago
"The MSRB online system that gives non-professional investors key information about municipal securities, including issuer finan
oee [108]

Answer: EMMA

Explanation:

MSRB is an acronym for The Municipal Securities Rulemaking Board and it is a body that is in charge of the regulating the body that gives policies and rules for the financial institutions that issue and sell municipal securities.

EMMA gives non-professional investors key information about municipal securities, including issuer financial disclosures, notices of material events, real-time prices, and market statistics.

8 0
3 years ago
Some hoodlums who have been earning money by stealing copper pipes and cable and selling them to recyclers are driving around on
icang [17]

Answer:

  • Yes they have
  • 18 U.S. Code § 32 (a) Clause 3

Explanation:

With aviation being such a sensitive field that requires a lot of oversight, Congress enacted rules to punish aviation crimes which means that such crimes fall under Federal jurisdiction and as this crime is a crime against an aviation facility, it is a Federal crime.

The crime in question here falls under <em>US. Code 32 - Destruction of aircraft or aircraft facilities under subsection (a)3</em> which talks about damaging an air navigation facility and how this can endanger the safety of flights en route.

Their punishment would be either a fine, imprisonment of not more than five years or both.

4 0
3 years ago
1.which of the following is a type of business structure?
Usimov [2.4K]

Answer:

1.which of the following is a type of business structure?  

a. sole proprietorship  

b. partnership  

c. corporation

<em>d. all of the above  </em>

2.location, utilities, employees and suppliers are all examples of costs.  

<em>true</em> or false  

3.revenue is the money that flows into your company.  

<em>true </em>or false  

4. how can you determine if a company is profitable?

<em>a. by subtracting it’s expensive from its revenue  </em>

b. by looking at its revenue only  

c. by asking the employees  

d. by looking at expenses only  

5. define ethics  

<em>a. The discipline dealing with what is good and bad and with moral duty and obligation  </em>

b. always being good  

c. following the rules  

d. what country you are from  

7. consumers have no responsibility related to their right  

true or <em>false</em>

4 0
3 years ago
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