1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mashcka [7]
3 years ago
15

Ruis Corporation, a publicly held corporation, has thirty-five members on its board of directors. In order to conduct business e

fficiently, the chairman of the board is proposing that five committees be created: the executive committee, the human resources committee, the marketing committee, the research and development committee, and the sales committee. Seven members of the board would serve on each committee and each board member would serve on only one committee. This is _______
Business
1 answer:
Oliga [24]3 years ago
6 0

Answer:

illegal

Explanation:

According to my research on the rules or regulations that a corporation must follow, it can be said that based on the information provided within the question what was done is illegal. Based on the Sarbanes-Oxley Act every entity titled as a corporation is required by law to have an audit committee. Since one was not created for the Ruis Corporation it is technically an illegal corporation.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

You might be interested in
Tech A says that packing a wheel bearing assembly can be done by hand with proper results. Tech B says that packing a wheel bear
AfilCa [17]

Tech A says that packing a wheel bearing assembly can be done by hand with proper results. Tech B says that packing a wheel bearing assembly with a bearing packer will get the proper results. The two statements are right. This is further explained below.

<h3>What is a wheel bearing?</h3>

Generally, the wheel bearing is simply defined as an important component of a vehicle's braking, steering, and suspension systems.

In conclusion, The one-piece hub assembly is located between the drive axle and the brake disc.

Read more about wheel bearing

brainly.com/question/16013734

#SPJ1

3 0
2 years ago
Weighted Average Method, Unit Cost, Valuing Inventories Applegate Enterprises produces premier raspberry jam. Output is measured
iris [78.8K]

Answer:

1. 780,000 pints

2. $1

3. $780,000

Explanation:

1. The computation of the equivalent units of production is shown below:

= Units completed and transferred out + completed units in ending inventory  × completion percentage

= 700,000 pints + 200,000 pints × 40%

= 780,000 pints

2. The computation of the unit cost for January month is shown below:

= (Beginning Work in process + Costs added during January) ÷  equivalent units

= ($156,000 + $624,000) ÷ (780,000 pints)

= $1

3. The computation of the assigned units is shown below:

= Units completed and transferred out × unit cost + completed units in ending inventory  × completion percentage × unit cost

= 700,000 pints  × $1 + 200,000 pints × 40% ×$1

= $780,000

3 0
3 years ago
What do we call risks in the absence of controls and after controls have been implemented?.
SashulF [63]

Risk that exists both before and after controls have been put in place is known as inherent risk.

What is risk?

The term "risk" refers to degree of unfortunately and possibility of loss, injury and hazard. Risk is barrier in the organization.

The various risk levels in a process that have not been regulated or mitigated by risk management are referred to as inherent risk. The level of risk present even in the absence of safeguards is known as inherent risk.

As a result, Inherent risk is risk in the absence of controls and after controls have been implemented.

Learn more about on risk, here:

brainly.com/question/14991895

#SPJ1

8 0
2 years ago
Corporations issue only private stocks.<br> a. True<br> b. False
matrenka [14]

Answer and explanation:

It is true that the corporation issue only private stocks but their shares do not trade on public exchanges and are not issued through an initial public offering.

Hope this help you :3

7 0
3 years ago
The two basic types of cost accounting systems are: job order and process costing job order and customized product costing proce
balandron [24]
The two types of cost accounting systems are job order costing and process costing.
4 0
2 years ago
Other questions:
  • On January 1, Snipes Construction paid for earth-moving equipment by issuing a $320,000, 3-year note that specified 4% interest
    13·1 answer
  • Consider the market for dog walkers that is currently in equilibrium. If the government institutes a minimum wage that is below
    6·1 answer
  • During the year, Sara sold a capital asset at a loss of $2,000. She had held the asset as an investment. This is the only capita
    8·1 answer
  • A firm is reviewing a project with labor cost of $9.00 per unit, raw materials cost of $25.25 a unit, and fixed costs of $13,000
    14·1 answer
  • From what part of income should someone take savings?<br>​
    11·2 answers
  • Why is compounding interest monthly better than yearly ?
    7·1 answer
  • If the labor force is 320,000 and the total population 16 years of age or older is 400,000, the labor-force participation rate i
    14·1 answer
  • Tamika has conducted a series of performance tests on several different prototypes of her company's new product, and wants to pe
    9·1 answer
  • Four basic steps are used in an abc system. list the proper order of these​ steps, which are currently scrambled​ below:
    8·1 answer
  • What is generally one of the major differences between union and nonunion workers?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!