1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dybincka [34]
1 year ago
5

an effect of the sarbanes-oxley act of 2002 was to: multiple choice reduce the circumstances in which one may file securities wi

th the sec. eliminate sec involvement with sales of securities. reduce the accounting profession’s level of self-regulation. require periodic peer reviews of large cpa firms performed by the general accounting office.
Business
1 answer:
mixer [17]1 year ago
4 0

An effect of the Sarbanes-Oxley Act of 2002 was to reduce the accounting profession’s level of self-regulation.

<h3>What did the Sarbanes-Oxley Act of 2002 do?</h3>

The Sarbanes-Oxley Act of 2002 was passed in the wake of the Enron and WorldCom financial sagas in order to reduce the incidence of companies misleading their stockholders.

The Sarbanes-Oxley Act of 2002 led to more regulation over the accounting profession and a reduction in their self-regulation because large accounting companies had been implicated in the saga.

Find out more on the Sarbanes-Oxley Act of 2002 at brainly.com/question/13398903

#SPJ1

You might be interested in
Piper, a US citizen owns 100% of the stock of FORco, a foreign manufacturing and sales subsidiary. In 2020, FORco had $10 millio
ss7ja [257]

Answer:

$70000

Explanation:

We have been give in this question that a 100 percent of FORcos share belongs to piper. He owns a 100 percent fully. Piper has to include that which he deposited. 7 million dollars of 2 percent

= 7million dollars x 1 percent

= 7000000 x 0.01

= $70000

So piper has to include in gross income her share of FORcos f income for investment in united states property and this has been calculated as 70000

5 0
2 years ago
Mikey initially invested $2,400 in a company and has held this investment for 3 years. He sold the investment after 3 years for
Tanzania [10]

Answer:

499.80

Explanation:

There is no 39.6% tax bracket, the highest marginal tax is 37%. But we can assume that Mikey had to pay 39.6% in taxes which means that he is in the seventh tax bracket (highest). Since he is classified under the highest tax bracket, he will also pay the highest capital gains rate which is 20%.

Mikey's long term capital gain = $4,950 - $2,400 = $2,550

if he paid regular income taxes = $2,550 x 39.6% = $1,009.80

since he pays capital gains taxes = $2,550 x 20% = $510

That means he saves $1,009.80 - $510 = 499.80

3 0
3 years ago
What is a transferable skill ?
ser-zykov [4K]

Answer:

it's 4, a skill you can use in many different situations

8 0
2 years ago
Psychologists are now often included on interdisciplinary healthcare teams to
Aliun [14]
<span>Bring in the psychological aspects of healing and good health behavior for patients.</span>
5 0
3 years ago
Zorn Co. budgeted $600,000 of factory overhead cost for the coming year. Its plantwide allocation base, machine hours, is budget
Amanda [17]

Answer:

False.

Explanation:

Given: Total budgeted factory overhead cost = $600000.

           Plantwide allocation base=  100000 hours.

Now, finding plantwide factory overhead rate.

Formula; Plantwide factory overhead rate= \frac{total\ budgeted\ factory\ overhead\ costs }{plantwide\ allocation\ base.}

⇒ Plantwide factory overhead rate= \frac{600000}{100000} = \$ 6 per\ hours

Hence, Zorn´s plantwide factory overhead rate is $6 per hour not $3 per hour.

8 0
2 years ago
Other questions:
  • 5. Skill Builder
    8·1 answer
  • When conducting qualitative analysis, you can use _______ to get basic information about your data. 
    14·2 answers
  • The internal rate of return is that discount rate that equates the present value of the cash outflows (or costs) with the presen
    9·1 answer
  • If you started a car wash service today but didn't have the funds to pay
    8·1 answer
  • The law of supply relates to opportunity cost because:__________
    14·2 answers
  • Financial markets bring together people interested in purchasing or selling <br> what?
    10·1 answer
  • A retail store had sales of $46,000 in April and $55,800 in May. The store employs eight full-time workers who work a 40-hour we
    12·1 answer
  • Using the liquidity-preference model, the Federal Reserve can react to the threat of exceedingly high inflation via monetary pol
    11·1 answer
  • What is watermill?write it advantages<br>​
    14·2 answers
  • Central Supply purchased a new printer for $30,000. The printer is expected to operate for eight (8) years, after which it will
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!