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Ne4ueva [31]
3 years ago
11

To maintain public confidence and trust in the financial reporting of companies is the purpose of

Business
1 answer:
irakobra [83]3 years ago
8 0

Answer:

The answer is: the Sarbanes-Oxley Act of 2002

Explanation:

The Sarbanes-Oxley Act (SOX) was elaborated in response to several high profile corporate scandals involving multinational corporations. The most infamous scandal involved Enron Corporation and Arthur Andersen LLP (one of the five largest accounting corporations in the world).

The SOX set new requirements for all publicly traded corporations (especially their upper management) an public accounting firms. Only some parts of the SOX apply to private companies.

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The Toy Store has beginning retained earnings of $318,423. For the year, the company earned net income of $11,318 and paid divid
kherson [118]

Answer: $322 241

Explanation: Retained earnings is the capital that is left over after total dividends has been deducted and paid out. It is calculated as follows:

Retained earnings = retained earnings at the beginning of the year + net profits made during the current year - dividends paid out.

∴ Retained earnings = $318, 423 (opening Retained earnings)+ $11,318 (net profits / income) - $7,500 (dividends)

=$322,241

The $25,000 new stock issued generated income to the business, but this does not fall in the retained earnings line item. Rather it falls under the Ordinary Share Capital line item, which includes all the company's issued share capital.

7 0
3 years ago
If price and demand do vary over time in a global network,
mestny [16]

Answer:  The correct answer is :   c. flexible production capacity can be configured to maximize profits in the new environment.

Explanation:  Starting from a fixed volume of production, a company is more flexible if it produces a larger quantity of products. Flexibility will provide the ability to have operational production lines in a defined time interval.

 

4 0
3 years ago
Are female expatriates different?.​
Paha777 [63]

Answer:

Explanation: Selmer and Leung (2003c) found that female expatriates have the same general adjustment as male expatriates, but with higher levels of work adjustment and better interaction adjustment. A replication study by Haslberger (2010) confirms that the adjustment patterns of male and female expatriates are different.

7 0
3 years ago
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(blank) parenting is a belief, or a way of living, that teaches and emphasizes good behavior in the process of raising children.
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Positive. Positive Parenting is the answer. I just had this question and It is correct. 
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3 years ago
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Gus needs to purée his soup while it's still in the pot. What is the best tool for him to use?
JulijaS [17]

if i was gus i would use a immersion blender cuz its the easiest and fastest.

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