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Tems11 [23]
3 years ago
9

________ is one of the solution to the agency problem in publiclyminus−held corporations.

Business
1 answer:
Ber [7]3 years ago
3 0

A solution that will help in the agency problem in terms of publiclyminus – held corporations is by through having bonuses in the company or organization that will be based on primarily the short term results that they have acquired in the company.

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Which of the following provisions of the Sarbanes-Oxley Act addresses the management assessment of internal controls?
Ainat [17]

Answer:

b. codes of ethics for senior financial officers.

Explanation:

according to the Sarbanes-Oxley act:

- The company should be having an expert who is responsible for the auditing andd the company should name the expert and if they are not having the expert they should give a reason.

- A comapny should have a code andd ethics and it should also be applied to the seniors.

4 0
3 years ago
Indigo Corporation significantly reduced its requirements for credit sales. As a result, sales during the current year increased
zhuklara [117]

Answer:

(a) $200,100

(b) $200,100

Explanation:

The movement in the accounts receivable balance at the start and end of an accounting period is due to cash payments, additional credit sales, and any amount written off during the period.

This may be expressed mathematically as  

opening balance + sales - cash collected - amount written off = closing balance

$35,100 + $361,800 - cash collected = $196,800

Cash collected = $35,100 + $361,800 - $196,800

= $200,100

8 0
3 years ago
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