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3 years ago

Under section 404 of the sarbanes oxley act auditors are required to

1 answer:

6 0

Basically, the Sarbanes Oxley Act was not a single Act, but a series of Acts that were designed to expand starting requirements for companies such as firms and overall businesses. Section 404 is one of the Acts that are specifically set on the company's control on their financial reports made. As a result, internal management or more commonly known as the Internal Affairs program of a company must provide a detailed and clear-written (straight-to-the-point) report on the company's structure (how they do things) and creating, or establishing, a set of procedures on how they plan to report their financial status.

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Interest amounting to $4 was credited to your account by the bank in September. The bank's service charge for the month was $5.

allsm [11]

Answer:

Bank Reconciliation Statement as at October 2:

Balance as per checkbook $601

Add: Electronic transfer $2,400

Interest $4

Less: Bank charge ($5)

Balance as per bank statement $3,000

Explanation:

A bank reconciliation statement is a statement prepared periodically to reconcile the balance in the cash book with the balance shown on a bank statement.

The process starts with identifying transactions that do not (do) appear in the cash book and those that do not (do) appear in the bank statement, which did not appear in the other. Errors are also identified and corrected during the process. After this, the reconciliation statement is prepared to agree the two sources of balances.

6 0

3 years ago

Your cousin is currently 14 years old. She will be going to college in 4 years. Your aunt and uncle would like to have $ 115 com

kumpel [21]

Answer:

they need to put into the account $99444.97

Explanation:

given data

age = 14 year

time period = 4 year

saving account = $115000

fixed interest rate = 3.7% per year = 0.037

future value = $115000

solution

we get here present value that is express as

present value = $\frac{future\ value }{(1+ rate)^t}$ ..........................1

put here value and we get

present value = $\frac{115000}{(1+ 0.037)^{4}}$

solve it we get

present value = $99444.97

so they need to put into the account $99444.97

6 0

3 years ago

Younger employees also are more likely to use the Internet and social media to accomplish their tasks. This is an example of the

DaniilM [7]

Answer: Expectation and norms

Explanation: In simple words, expectation refers to the believe that something would happen in the future in a certain way. While norms refers to something that is standard and very probable ion nature.

It is automatically assumed that young employees will use more technology as their generation is the when where the technology gained its pace. Thus, the assumption in the statement shows expectations and norms.

5 0

4 years ago

If a software package is purchased, consider a _____, which offers additional support and assistance from the vendor.

GalinKa [24]

If a software package is purchased, consider a supplemental maintenance package which offers additional support and assistance from the vendor.

Supplemental maintenance with assist in future issues while using the software. These can range from not working correctly or just needing a few tips on how to use the software. Most companies that sell software or electronics, offer these.

7 0

4 years ago

when reviewing their accounts, the yanos company discovered that in the previous year there had been improper treatment of tax l

natka813 [3]

The Yanos Company found that the prior year's tax liabilities had been handled incorrectly after reviewing their books. They'll now have to make accounting adjustments. An example of modifications brought on by an error is this.

A person who is able to adjust to changes in their physical, occupational, and social environment is said to be in a state of adjustment. Adjustment, then, is the behavioral process of balancing opposing demands or needs that are hampered by environmental challenges. Both people and animals regularly adapt to their surroundings. For instance, they eat to sate their hunger when it is triggered by their physiological state, which allows them to respond to the hunger stimuli. An failure to respond normally to a need or stress in the environment is a sign of adjustment disorder.

To have a life of high quality, adjustment must be successful. People who have trouble adjusting are more prone to experience clinical anxiety.

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1 year ago