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
Elodia [21]
3 years ago
6

Identify some of the reasons why Congress passed the Sarbanes-Oxley Act.

Business
1 answer:
TiliK225 [7]3 years ago
7 0

Answer: C) To require public companies to document and verify their internal controls.

Explanation:

The Sarbanes-Oxley Act was passed in the year 2002 and represented an unprecedented increase in influence of the Government on the activities of public companies.

Passed in the aftermath of several financial scandals such as the Enron and Worldcom scandals, SOX as it is usually referred to, aimed to make companies more accountable for their actions by amongst other things, requiring that they document and verify their internal controls and made it the responsibility of senior management to ensure that it was done.

You might be interested in
Kenneth Chenault, the CEO of American Express Co. hopes to issue American Express cards through U.S. banks. At present, banks th
WINSTONCH [101]

Regulatory environment.

This environmental force would be the first step for Kenneth to be able to issue cards through US banks. A regulated environment is an environment that has control rules that set the operating guidelines in an enterprise to produce effective goods and services. These guidelines are instituted by various institutions such as the government, regulators and companies.

5 0
3 years ago
Select the behavior that does NOT represent an example of a speaker effectively preparing for a lecture.
bogdanovich [222]

Answer:

c. Matt has anxiety about giving his speech, so he works on his linguistics homework to distract himself.

Explanation:

The behavior that represent the examples with respect to the speaker effectively preparing for the lecture are as follows:

a. The john types a copy of his speech where there is non expected moment comes

b. Eva remember her total speech as she want to neglect the rigidity

c, The molly records her speech and she plays it back so to be sure that she speaks clearly or not

So as per the given situation, the option c should be considered

4 0
2 years ago
Jim&Jenny Inc, an investment service firm, regularly donates to nonprofit organizations for various social causes and events
svlad2 [7]

Answer:

A. Discretionary responsibility

Explanation:

A  discretionary responsibility is also known as philanthropic responsibility, involves organisations making donations, that will contributes to the development of the community in which its operates

It has  to do with a generous efforts carried out by an organization that assist in  contribution of   resources to community  in which is operates for a better quality of life.  

Therefore Jim& Jenny Inc  donating to the non profit organisation  is a discretionary responsibility

8 0
3 years ago
A travel company sells tours in Costa Rica on its website. Instead of designing the website themselves, the company hired an out
Georgia [21]
This would be considered a collaborative partnership since they got help from another software team
6 0
3 years ago
Suppose that Mexico experienced a very severe period of inflation in 1972. As prices in Mexico rose, the demand in the foreign e
melomori [17]

Answer:

demand for pesos would fall and supply would rise. their value would decrease as a result

Explanation:

Inflation is a persistent rise in general price level.

When there is high inflation in a country, the demand for the currency would fall because the value of the currency is low. this fall in demand coupled with the excess supply of the currency would lead to a fall in the value of the currency.

6 0
3 years ago
Other questions:
  • The accounting records of EZ Company provided the data below.
    7·1 answer
  • (Prepared from a situation suggested by Professor John W. Hardy.) Lone Star Meat Packers is a major processor of beef and other
    7·1 answer
  • Slow Mo Consulting leased machinery from Red Inc. on January 1, 2018. The lease was recorded as an operating lease. The present
    12·1 answer
  • Assume a single taxpayer is taxed at 10% on the first $9,275 of taxable income, 15% on the next $28,375 of income, and at 25% fo
    15·1 answer
  • Towne Station is saving money to build a new loading platform. Three years ago, they set aside $23,000 for this purpose. Today,
    8·1 answer
  • All of the following are economic institutions EXCEPT
    5·1 answer
  • Simplify (27) 2/3 x (125) 1/3 step by step explanation plz​
    5·1 answer
  • A portfolio is composed of two stocks, A and B. Stock A has a standard deviation of return of 23%, while stock B has a standard
    5·1 answer
  • The country of Lydania has a complex network of pipelines that transports natural gas for millions of people. These pipelines ar
    6·1 answer
  • Cartels in the United States are a. legal if price is competitively determined. b. legal if all firms in the industry agree to t
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!