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vlabodo [156]
3 years ago
15

The sarbanes-oxley act of 2002 established requirements for ____. noncompliance can result in penalties of

Business
1 answer:
IrinaK [193]3 years ago
5 0
<span>The Sarbanes-Oxley Act of 2002 established new requirements for corporate governance to prevent fraudulent behavior in business. An accounting oversight board and financial reporting requirements including instituting a code of conduct for senior financial officers are the main focuses of this act.</span>
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That candle wax is traded in a perfectly competitive market in which the demand curve captures buyers’ full willingness to pay w
dimaraw [331]

Answer:

The answers are:

A) total output should increase

B) total output should decrease

C) total output should be kept the same

D) total output should be decreased

Explanation:

A) consumers are willing to pay a higher price; the quantity supplied should increase

B) if Marginal cost > Marginal benefit; the quantity supplied should decrease

C) if total surplus is at maximum; the equilibrium point between quantity demanded and quantity supplied will remain the same

D) if the quantity supplied exceeds the quantity demanded; to reach an equilibrium point, the quantity supplied should decrease to match the quantity demanded

8 0
3 years ago
On January 1, 2018, Gibson Corporation entered into a four-year operating lease. The payments were as follows: $20,000 for 2018,
antiseptic1488 [7]

Based on accounting principles, the correct amount for total lease expense in 2019 is<u> $17,000.</u>

<h3>Why is this the correct amount?</h3>

Accounting principles state that lease payments must be recorded as an equal amount over the years of the lease.

The total lease payment is:

= 20,000 + 18,000 + 16,000 + 14,000

= $68,000

Annual payment is:

= 68,000 / 4

= $17,000

Find out more on lease payments at brainly.com/question/5563107.

3 0
2 years ago
When higher management in a(n) ____ organization admits there is a need for better communication, the response is to tether subo
sergejj [24]

Answer:

mechanistic

Explanation:

Based on the information provided within the question it can be said that the type of organization being mentioned is a mechanistic organization. This the the type of organization that tethers employees to their specific jobs/tasks. This is done in order to make sure that each individual has a job that is stable and easily controlled.

If you have any more questions feel free to ask away at Brainly.

6 0
4 years ago
Daniel Company uses a periodic inventory system. Data for the current year: beginning merchandise inventory (ending inventory De
Maslowich

Answer:

Results are below.

Explanation:

<u>Under FIFO (first-in, first-out), the cost of goods sold is calculated using the cost of the firsts units incorporated into inventory.</u>

COGS= 2,000*38 + 6,200*40= $324,000

Income statement:

Sales= 8,200*75= 615,000

COGS= (324,000)

Gross profit= 291,000

Tax= (291,000*0.3)= (87,300)

Net operating income= 203,700

<u>Under the LIFO (last-in, first-out), the cost of goods sold is calculated using the cost of the lasts units incorporated into inventory.</u>

COGS= 8,000*40 + 200*38= $327,600

Income statement:

Sales= 615,000

COGS= (327,600)

Gross profit= 287,400

Tax= (287,400*0.3)= (86,220)

Net operating income= $201,180

7 0
3 years ago
hich of the following is NOT one of the six questions that comprise the task of evaluating a company's resources and competitive
Vadim26 [7]

Answer:

The correct answer is "What are the company's most profitable geographic market segments?"

Explanation:

In order to research on the companys' resource and competitive position, a researcher does not need to ask questions related to the geographic market segments.

Geographic market segments refer to the geographical spread of the market of a company.

I hope the answer is helpful.

Thanks for asking.

4 0
3 years ago
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