The statement "The Sarbanes-Oxley Act in 2002 was created to protect consumers against false advertising by monopolies." is false.
Sarbanes-Oxley Act placed the obligation of responsibility for a company's financial reporting squarely on the shoulders of its top executives in order to safeguard investors from corporate accounting fraud.
It required chief executive officers (CEOs) and chief financial officers (CFOs) to personally attest to the correctness of the information in financial reports and to affirm that controls and procedures were in place to evaluate and verify that accuracy.
In reality, CEOs and CFOs had to personally certify that financial reports complied with Securities and Exchange Commission(SEC) rules by signing them. Failure to comply with this might result in fines of up to $15 million and 20-year prison terms.
Hence, the given statement is false.
Learn more about the Securities and Exchange Commission:
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Answer:
C. the less productive the process is.
Explanation:
Variability refers to the property when the given substance are highly probable to change and that the results accordingly change.
In that condition there is no drawn pattern for such change, as it might or might not change according to the expected scale and level.
In this, if there is high variability, then the results can be that the resulting process will be least productive, as there are so many uncontrollable changes.
Accordingly, since no proper management of the related process is possible, the results will not be productive.
Answer:
A. $2,650,000 $3,312,500
B.$532,000 $291,500
C.$10 $10
Explanation:
Before Dividend After Dividend
(a)Stockholders’ equity
Paid-in capital
Common stock, $10 par
$2,650,000 $2,915,000
In excess of par value $106,000
Total paid-in capital
$2,650,000 $3,021,000
Retained earnings
$532,000 $291,500
Total stockholders’ equity
$3,182,000 $3,312,500
(b)Outstanding shares
$265,000 $291,500
(c)Par value per share
$10 $10
10×$26,500=$265,000
$2,650,000+$265,000=$2,915,000
$14×$26,500=$371,000-265,000
=$106,000
$265,000+$26,500=$291,500
Car or vehicle should be the answer or try automotive transport
