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

Suppose that the Federal Reserve has set the required reserve ratio at 0.20 (that is, 20%). Second Republic Bank currently has $

Aliun [14]

Answer:

Reserves = $105,000

Required reserve = $30,000

Excess reserve = $75,000

Explanation:

Given:

Required reserve ratio = 0.20

Check able deposit = $150,000

Outstanding loans = $45,000

Computation:

Reserves = Check able deposit - Outstanding loan

Reserves = $150,000 - $45,000

Reserves = $105,000

Required reserve = Check able deposit[Required reserve ratio]

Required reserve = $150,000[0.20]

Required reserve = $30,000

Excess reserve = Reserves - Required reserve

Excess reserve = $105,000 - $30,000

Excess reserve = $75,000

3 0

3 years ago

(WILL GIVE 29 Points & Brainlest) PLEASE HELP!!!!!!!! ):

Tanzania [10]

Answer:

Career Clusters have the knowledge and skills that learners need as they follow a pathway toward their career goals.

6 0

3 years ago

In the global economy, organizations often must ________ their products to the language, customs, and culture of many different

valentinak56 [21]

In the global economy, organizations often must localize their products to the language, customs, and culture of many different countries.

An economy is the area of production, distribution, trade and consumption of goods and services. It is generally defined as a social domain emphasizing practices, discourses, and material expressions related to the production, use, and management of scarce resources.

A nation's economy is the wealth it derives from business and industry. The Japanese economy grew by more than 10% every year. 3. Uncountable nouns. Economics is about using the minimum amount of money, time, or other resources necessary to accomplish something and wasting nothing.

Learn more about economy here:brainly.com/question/1106682
#SPJ4

5 0

2 years ago

A person borrows $100,000 from the bank for 6 months at an annual simple interest rate of 5%, what steps do you take to determin

Readme [11.4K]

Answer:

$100,000 and $2,500

Explanation:

The computation of the principal and the interest due at the end of the 6 months is shown below:

As we know that

Simple interest is

= Principal × rate of interest × number of months ÷ (total number of months in a year)

= $100,000 × 5% × (6 months ÷ 12 months)

= $2,500

The total amount would she paid is

= Principal + interest

= $100,000 + $2,500

= $102,500

8 0

3 years ago

Cross cultural differences in leadership

kykrilka [37]

Answer:

Cross Cultural Leadership Cultural Differences in Leadership Cultural differences determine certain leadership traits and portions of our personality. It is easy to discredit the importance of cross-cultural differences and their influences on various leadership styles. Different cultures are known for certain traits. Cultural traditions and values play a role in a leader's style. According to the "International Journal of Cross Cultural Management," leadership traits result partly from cultural norms and partly from the needs of the leadership job. Cultures differ regarding the use of power.

If this works, when possible can i have brainliest

3 0

3 years ago