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VladimirAG [237]
3 years ago
15

The sarbanesminus−oxley act of 2002 resulted in​ ________.

Business
1 answer:
nasty-shy [4]3 years ago
8 0
Answer:  b. Tightened audit regulations and controls.

Details:
Corporate fraud in the 2000-year era, also known as the "Dotcom bubble" made many investors lose vast amounts of money, while many unethical corporate executives made off with "bandit-like" profits.

Consequently, two lawmakers, Sarbarnes and Oxley proposed a bill for financial reform and accountability by corporations. The bill was signed into law in 2002, and it demands tightened accounting, auditing, financial responsibility, and accountability toward investors.

Hopefully, this law will prevent disasters such as Enron, Worldcom, Tyco and many others from "ripping off" investors in the future.
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Ability to do speedy and accurate arithmetic
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Number aptitude is the answer ^ ^

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3 years ago
Which is the best choice to explain why human resource manager is so important to organizations
Zielflug [23.3K]

Answer:

which is the best choice to explain why human resource manager is so important to organizations?

Human resource manager maintains the influx of the organization, they help in recruitment process as well as exempt or sack those that are not needed anymore in the organization.

Explanation:

5 0
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How does corruption limit investment and economic growth? Instructions: In order to receive full credit, you must make a selecti
docker41 [41]

Answer:

Correct option are (1) and (3).

Tax revenues are often diverted to those in power instead of going into legitimate productive investment, and the same is sometimes true of foreign aid money from abroad.

Knowing that payments of graft must be made prevents many people from undertaking actions that might lead to growth.

Explanation:

In a corrupt economy, government incomes from charge and outside guide frequently are occupied to politically influential individuals as opposed to being contributed for gainful purposes. Since individuals realize that defilement cash needs to paid to concerned authorities, they don't attempt such profitable venture either. Both these variables identified with defilement limits speculation and development.

6 0
3 years ago
How did the invention of money as a medium of exchange affect the barter system?
sergiy2304 [10]

The barter system is a form of trading in which goods are exchanged directly for other goods without the use of money or as an intermediary, without a medium of exchange. The invention of money supplemented the barter system by providing a nonperishable medium of exchange.

4 0
3 years ago
Carmichael Company is considering purchasing a piece of equipment for $60,000. It expects the equipment will last 12 years (and
nalin [4]

Answer:

Initial outlay = $60,000

Annual net income before tax = $7,200 per annum

Depreciation = <u>Cost - Residual value</u>

                        Estimated useful life

                      = <u>$60,000 - 0</u>

                           12 years

                     = $5,000 per annum

Annual net cashflow before tax

= Annual net income before tax + Depreciation

= $7,200 + $5,000

= $12,200

Explanation:

In this case, the annual net income before tax has been given. The annual net income before tax has excluded depreciation, which does not involve movement of cash. Therefore, we need to add back depreciation in order to obtain the expected before tax cashflow.

4 0
3 years ago
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