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Sedbober [7]
3 years ago
8

The Roland Company needs to comply with the financial reporting standards of the Sarbanes-Oxley Act. One of the employees, Ken,

believes that the costs outweigh the benefits. However, his boss feels the opposite, that the benefits outweigh the costs.
Who is correct?
Business
1 answer:
77julia77 [94]3 years ago
7 0

Answer:

The boss is correct.

Explanation:

Under Sarbanes-Oxley Act, a  rules-based approach to corporate governance and reporting is used. It is based on the view that companies must be

required by law (or by some other form of compulsory regulation) to comply with established  principles of good corporate governance.

Except in the instances of exceptions provided in the act, company has no choice than to comply regardless of the cost implication because non-compliance is punishable under the act. Sometimes, it is called tick box approach

This is contrary to what is obtainable in a principled-based approach where allowance is given for explanation in the event of possible con-compliance.

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Answer:

a

Explanation:

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Large states felt that they should have more representation in Congress, while small states wanted equal representation with larger ones. ... Each state would be equally represented in the Senate, with two delegates, while representation in the House of Representatives would be based upon population.
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Allison wants to become an MLO but is unsure about the process in which she must go through to obtain her license. She needs som
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Answer: See explanation

Explanation:

The steps that Allison must take in order to obtain her mortgage loan originator license include the following:

Step 1. In order to get the license, Allison should be at least 18 years old.

Step 2. Allison should register with Nationwide Mortgage Licensing System and Registry after which she'll get an NMLS number.

Step 3. Allison would then have to finish the 20 hours pre-licensure education aftee which she must pass it by having a score of at least 75%.

Step 4. Allison would then go through a criminal background check if she scores at least 75% and get the credit report.

8 0
2 years ago
Transactions in a Job Order Cost System Five selected transactions for the current month are indicated by letters in the followi
jeka94

Each of five transactions can be defined as follows:

a) Authorization for use of materials (both direct and indirect).

b) Work used in the factory  (both direct and indirect).

c) Factory over-the-counter application to employment.

d) Fulfilled jobs.

e) Goods selling costs.

Following are the description of the transaction:

For a)

  • A document which the manufacturing company prepares to ask for materials they need to finish production is a material requirement.
  • It is also a material request or materials requirements document.
  • The document the requester will retain a copy of the form, just as do the warehouse personnel.

For b)

  • The plant system is a production process utilizing machinery & manpower divisions.
  • Due to the increasing price of capital for machinery & building, facilities often belonged privately to rich workers who've worked on the job.

For c)

  • The overhead manufacturing costs are added or applied to each work during the manufacturing process.
  • Those costs will be included in the processing costs in conjunction with direct material and direct.

For d)

  • Work is finished by the operational and structural completeness of the project/works, the Commissioning has been carried thru in line with technical specs.

For e)

  • The direct cost of producing the commodities sold by a corporation is referred to as the costs of the materials and the work required directly to produce the goods is included.
  • Indirect spending, such as distribution and sales force expenses, is excluded.

Learn more:

brainly.com/question/21487187

8 0
2 years ago
Joan, the editorial head of a daily newspaper, implements a change to the newspaper's outline. He discusses this change with Syl
Alika [10]

Answer: staff authority

Explanation:

From the question, we are informed that Joan, the editorial head of a daily newspaper, implements a change to the newspaper's outline and he then discusses this change with Sylvia, the marketing head of the company, and advises her to improvise the marketing strategy based on the updated outline.

The organizational authority, that Joan is most likely exercising is the staff authority. This is the power given to an employee based on the role or work they do in the organization. He is applying the authority as a staff.

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3 years ago
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