All categories

3 years ago

Because of the sarbanes-oxley act, accountants must maintain financial documents and audit work for

1 answer:

6 0

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 Senator Paul Sarbanes and U.S. Representative Michael G. Oxley.

You might be interested in

Anheuser-Busch InBev Companies, Inc., reported the following operating information for a recent year (in millions of dollars): N

qwelly [4]

Answer:

a) Break even = 480.5 units ≈ 481 Million units

b) Breakeven = 8,014,162,500 units

Explanation:

calculations are in millions

Breakeven = fixed costs / contribution per unit

selling price per unit = $47063/400 = $117.66

Variable cost = ($18756*75%) + ($31755*50%) = $14067 +15877.50 =$29944.5/400 units =$74.86

contribution = $117.66-$74.86 = $42.80

fixed costs = ( $18756*25%) +( $31755*50%) = $4689 + 15877.50 = $20566.50

Breakeven = $20566.50/$42.80 = 480.5 units

b) calculations

fixed costs = 20,566,500 + 300,000,000

= 320,566,500

break even = $320,566,500 /0.04

= 8,014,162,500 units

4 0

3 years ago

Assuming the total population is 100 million, the civilian labor force is 50 million, and 44 million workers are employed, the u

TiliK225 [7]

Assuming the total population is 100 million, the civilian labor force is 50 million, and 47 million workers are employed, the unemployment rate it: 6 percent. The natural rate of unemployment is the: full-employment unemployment rate.

6 0

3 years ago

Quest Outdoor Store orders River Run-brand kayaks from Sports Merchandise, Inc. Sports Merchandise ships kayaks of the wrong siz

Sidana [21]

Answer:

Sports Merchandise

Explanation:

According to the situation that has been described in the question it can be said that the loss is suffered by Sports Merchandise. This is because a the seller of a good or product is liable for that product until the buyer purchases the product and decides to keep it. Which in this scenario since Sports Merchandise made a mistake on the product size and Quest decided not to accept the product then the responsibility and risk of loss remained with Sports Merchandise as the owner of the product.

5 0

3 years ago

If you visit a Kentucky Fried Chicken restaurant in China, along with KFC's regular menu items, you will find congee, a rice por

Vitek1552 [10]

Answer:

C. Sell a product similar to that sold in the home country, but include minor adaptations.

Explanation:

Selling the regular menu along with dishes from the host country is an example of the strategy of selling a product similar to that sold in the home country, but include minor adaptations. This is an strategy that companies tend to use when going to other markets, because there are differences among them that include customs and culture, that can affect the way in which a product is perceived by people. In the food sector, these differences have a big impact as the food people eat in each country can be very different. So, when entering a new market, offering the regular menu the company has with dishes that are native to the home country can help to succeed in that specific market.

5 0

3 years ago

Gains in income and wealth translate into an increased likelihood of having good health, showing a clear link between health and

a_sh-v [17]

It’s not for African Americans as a group even with higher levels of income and education.

7 0

3 years ago