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Elena L [17]
3 years ago
5

According to some U.S. companies, what gives foreign firms a competitive advantage in the capital market?A. The foreign companie

s don't have standards similar to GAAP.
B. The foreign companies don't have strict ethical codes.
C. The Sarbanes-Oxley Act which requires more stringent internal controls on U.S. firms.
D. The foreign companies don't have to be audited.
Business
1 answer:
bearhunter [10]3 years ago
7 0

Answer:

The correct answer is letter "C": The Sarbanes-Oxley Act which requires more stringent internal controls on U.S. firms.

Explanation:

The U.S. Sarbanes-Oxley Act of 2002 (<em>SOX</em>) is a legislative response to several corporate scandals that sent shockwaves through the world financial markets. The SOX attempts to strengthen corporate oversight and improve internal corporate control. After this act, strict rules for certified public accountants, auditors, and high-executive officers were imposed with more strict recordkeeping requirements.

Some U.S. firms allege the SOX is a drawback for them compared to the legislation foreign companies have which are usually less strict.

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faltersainse [42]

4 year college degree is the minimum educational goal to attain if one wish to enter the field of soil and forest conservation.

The 4 year college degree is tantamount to the Bachelor degree achieved from University, college etc.

Usually, the position of forestry and related job requires the minimum of Bachelor degree from related course in the field of soil and forest conservation.

Hence, the 4 year college degree is the minimum educational goal to attain if one wish to enter the field of soil and forest conservation.

Therefore, the Option C is correct.

Read more about forestry

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6 0
3 years ago
City Builders is a development company that builds office buildings throughout New York State. They recently completed a project
Scrat [10]

Answer:

Incentive Zoning

4 0
3 years ago
An alternative to CFL bulbs and incandescent bulbs are light-emitting diode (LED) bulbs. A 100 W incandescent bulb can be replac
mariarad [96]

Answer:

It cost $5.84 to run the LED bulb for one year if it runs for five hours a day.

Explanation:

E = Pt

  = (16W)(365*5)

  = 29200Wh

  = 29.2 kWh

cost of operation = E($0.2/kWh)

                             = (29.2 kWh)($0.2/kWh)

                             = $5.84

Therefore, It cost $5.84 to run the LED bulb for one year if it runs for five hours a day.

8 0
4 years ago
The costs incurred before opening a business​
True [87]

The expenditure incurred prior to the incorporation of an enterprise is to be considered as a pre-incorporation capital expenditure. The expenditure incurred prior to the 'setting-up of business' is to be considered as a pre-operative capital expenditure.

8 0
3 years ago
Which of the following statements concerning family businesses is correct?
miv72 [106K]

Answer:

3. Most top managers at family firms tend to stay in their positions much longer than those at nonfamily firms.

Explanation:

A key success factors in family firms is understanding the culture. This is usually the foundation of the business.

So when family members occupy a position, they tend to stay on much longer because they have intimate knowledge of the business and the goals and objectives are personal to them.

Also loyalty tends to play a part, family members have close relationships which are long-term.

7 0
3 years ago
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