All categories

2 years ago

Following high-profile corporate scandals including Enron and WorldCom, Congress

Business

1 answer:

Bogdan [553]2 years ago

7 0

Answer:

Following high-profile corporate scandals including Enron and WorldCom, Congress

passed a set of legislations known as the Sarbanes-Oxley Act which requires the

disclosure of the presence or absence of a Code of Ethics for senior financial officers.

Explanation:

The Sarbanes-Oxley Act of 2002 is a federal law that established sweeping auditing and financial regulations for public companies. Lawmakers created the legislation to help protect shareholders, employees and the public from accounting errors and fraudulent financial practices.

You might be interested in

En que afecta la venta de mascotas exoticas a la biodiversidad?

andrew11 [14]

Answer:

Explanation:

"El comercio internacional de mascotas exóticas es un factor importante y creciente de la pérdida de biodiversidad y, a menudo, compromete los estándares requeridos para un buen bienestar animal; una quinta parte de los informes recientes sobre el comercio de vida silvestre se debió a la demanda de mascotas o animales para su uso en entretenimiento; cosecha insostenible de animales salvajes

8 0

2 years ago

Problem 5-24 (Algorithmic) (LO. 1, 4) At the start of the current year, Blue Corporation (a calendar year taxpayer) has accumula

Nitella [24]

Answer:

Explanation:

Pam and Jon's dividend income of $134,500 each [($185,000 Accumulated E&P + $111,000 current E&P) / 2],

Statement of distribution for shareholders for tax purpose :-

Pam Jon

Total distribution $185,000 $185,000

less: Dividend income $134,500 $134,500

less : Stock basis $25,900 $103,600

Capital gain $24,600 $0

Pam has a taxable gain of $24,600 which reduces the stock basis to $0, whereas Jon has not any taxable gain but the stock basis has reduced to $53,100 [$103,600- $50,500]

5 0

2 years ago

Producer surplus equals a. Value to buyers - Costs of sellers. b. Amount received by sellers - Costs of sellers. c. Value to buy

aev [14]

Answer:

Amount received by sellers - Costs of sellers.

Explanation:

Producer surplus is the difference between the price of a good and the cost to sellers. It is the difference between price and the least amount sellers would be willing to sell their products.

Consumer surplus is the difference between the price at which the consumer values the good and the price of the good.

Consumer surplus = Value to buyers - Amount paid by buyers.

I hope my answer helps you

5 0

2 years ago

The argument for import protection in developing countries to bring about industrialization differs from the infant-industry arg

Zigmanuir [339]

Answer:

D) it presumes there will be economic gains even if output does not become internationally competitive

Explanation:

The argument for import protection in developing countries to bring about industrialization differs from the infant-industry argument in that it presumes there will be economic gains even if the output does not become internationally competitive. International competitiveness is a step of the relative cost of services/goods from a nation. Countries that can provide a similar quality of goods at a cheaper cost are stated to be extra competitive.

4 0

2 years ago

Define securitization.

Harman [31]

The word secure is a protected sounding word so it’s the process of securing something from a business to protecting something from terrorist BASICALLY protecting‍♂️

8 0

1 year ago