An effect of the Sarbanes-Oxley Act of 2002 was to reduce the accounting profession’s level of self-regulation.
<h3>What did the Sarbanes-Oxley Act of 2002 do?</h3>
The Sarbanes-Oxley Act of 2002 was passed in the wake of the Enron and WorldCom financial sagas in order to reduce the incidence of companies misleading their stockholders.
The Sarbanes-Oxley Act of 2002 led to more regulation over the accounting profession and a reduction in their self-regulation because large accounting companies had been implicated in the saga.
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An<u> order winners </u>makes you distinctive, helping you differentiate yourself from rivals.
<h3>What is Order winners?</h3>
Order winners can be defined as the process that make standard out or unique making more customers to be attracted to your product.
Customers tend to often look at price ,product quality before determining whether the buy a product or not, based on the order winner gives you competitive advantages as it drawn customers to your product.
Therefore An<u> order winners </u>makes you distinctive, helping you differentiate yourself from rivals.
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Answer:
<em>a. 22.64%</em>
Explanation:
At first we are going to need to compute the Internal rate of return(IRR) (in which the current value of inflows = the current value of outflows)
Let's let the IRR be <em>x percent</em>
Therefore $4,500 = $750 / (1.0x)
+ $1,000 / (1.0x) <em>power 2</em> + $850 / (1.0x) <em>power 3 </em>
+ $6,250 / (1.0x) <em>power 4</em>
Thus, x = approximate return rate = <em>22.64 percent</em>
A few of the following can be considered major factors in failure of small businesses:
-Lack of financial planning: when a business is born it needs to critically plan out the first few years of running. Small business often fail to plan out for the future and have less working capital at hand.
-Lack of expertise: small business cannot afford specialist managers and this may be a reason for failure
-no investment in marketing and research can also be a reason.
Answer: Management
Explanation:
Management ensures that organizational goals are met. The management plans, leads, control and organizes in order to ensure goals are achieved.
The function of accounting is to give financial information whihc are required by the business and its stakeholders.
The function of marketing is to ensure that products reach the consumers. It ensures delivery of products.
The human resource develops the workers. They train, revruit, discuss wages and salaries etc.
Based on the above, the answer is management.
