Because of the Sarbanes-Oxley act, accountants must maintain financial documents and audit work for five years.
This act was enacted in 2002 in the US. It has to do with the accuracy of financial information, and was named after the sponsors of the act, US <span>Senator </span>Paul Sarbanes<span> </span><span>and U.S. Representative </span>Michael G. Oxley.
Answer:
The correct answer is option C.
She wants to work with a different group of adults
Explanation:
As Whitney is a social person and she wants to work in a happy environment with happy people and she notices that the employees all seem uncomfortable and the children are unnaturally quiet.
Therefore, due to these reasons and approach of Whitney the job is unfit for her.
Answer:
(2) salaries for officials
Explanation:
Salaries for officials would be the most appropriate area to cut, because the other three items are either more important, or would cause unintented effects if cut.
Some government agencies could even be closed, or its personnel reduced, in case the economic crisis is serious.
As for the other three items, cutting education would not make sense because the IMF itself recommends large spending in education since an educated populace is highly correlated with economic development.
Cutting food subsidies would be problematic in a country that is going through an economic crisis, and could result in hunger among the poor.
Finally, cutting tax rebates for exporters would probably cause export earnings to dwindle even more because exporters would have less incentive to engage in that activity, and many of them would likely change their occupation.
Producer surplus is the difference between how much a person would be willing to accept for given quantity of a good versus how much they can receive by selling the good at the market price. The difference or surplus amount is the benefit the producer receives for selling the good in the market.
Answer: 2). Neither U.S. GDP nor U.S. GNP were affected.
Explanation: Gross Domestic Product (GDP) is the total monetary value of all the final goods and services produced in a country during its financial year.
Gross National Product (GNP) on the otherhand is broad measure of the value of all finished goods and services produced in a country in one year by its nationals.
Both GDP and GNP measure goods and services and not financial assets such as shares. Hence, financial assets do NOT contribute to the GDP or GNP of any nation.
