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.
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Answer:
A
Explanation: The Securities and Exchange Commission
The country that contributes the least amount of aid to foreign nations and multinational organizations based on its GNI is the B. United States.
<h3>How much aid does the U.S. contribute?</h3>
The U.S. is perhaps the largest donor to international organizations and foreign nations with billions going to other nations annually.
The percentage that is given as aid is however a small amount of U.S. national income thanks to the staggering amount earned by Americans in a year.
Options for this question include:
A. United Kingdom
B. United States
C. Germany
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Answer:
The opportunity cost of attending the concert=$0
Explanation:
An opportunity cost is the total monetary loss that one has when they choose a given option. It can also be defined as the gain that one misses when the individual or business chooses one alternative over the other. Opportunity costs are not heavily considered in financial reports, however individuals or businesses who have the opportunity to choose from many alternatives at the same time need to consider the opportunity cost to make a more valuable decision in the long-run. Opportunity costs helps individuals and businesses to make better decisions on the options they have at their disposal.
The opportunity cost can be Determined using the following expression;
OC=FO-CO
where;
OC=opportunity cost
FO=return on best forgone option
CO=return on chosen option
Since in our case, the forgone option was not attending the concert, the cost would be=0
Also since the chosen option was the ticket at no charge, the cost would be=0
In our case;
OC=unknown
FO=0
CO=0
replacing;
OC=0-0=0
The opportunity cost of attending the concert=$0