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Mashutka [201]
3 years ago
12

Compare and contrast the views of management and accountants regarding the changes required by the Sarbanes-Oxley Act on interna

l controls and how these changes have affected corporations, accounting firms, and investors?
Business
1 answer:
MissTica3 years ago
4 0

Answer and Explanation:

The SoX sarbanes oxley act of 2002 was enacted to address company fraud that was exemplary of Eron and worldcom and bring back the confidence held in the financial market

It was meant to increase the effectiveness of internal control in companies in keeping accounting records or financial reports reliable and fraud-proof. The SOX act increased the independence of company auditors making their reports more reliable as they didn't have to compromise because they were dependent on top managers. In addition top managers were held responsible for any fraud in accounting statements and so were to certify the reliability of reports released to the public

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Job Shadows typically last<br> six weeks<br> half day<br> one to three days<br> one semester
Inessa05 [86]
A job shadow usually lasts one day, but there are cases when they could last several days to give you a more in-depth look at a certain career or company.
7 0
3 years ago
. The start of noncritical activities are delayed beyond their earliest start times (but not beyond their latest start times) in
ozzi

The correct answer is D) maintain a uniform level of required resources.

The start of noncritical activities is delayed beyond their earliest start times (but not beyond their latest start times) in order to maintain a uniform level of required resources.

That is why companies have to establish their priorities and identify the main activities that must be accomplished on time, the people responsible to accomplish the activity, and the resources needed to successfully do so. Noncritical activities can be delayed up to a point, but the critical activities have to be followed according to the schedule.

7 0
2 years ago
How can a country gain from specialization and​ trade? A. A country can specialize in producing that for which it has an absolut
strojnjashka [21]

Answer:

C. A country can specialize in producing that for which it has a comparative advantage and then trade for other needed goods and services.

Explanation:

<em>Comparative advantage</em> is simply evaluating the opportunity cost of other benefits or costs, if the country is opting to choose for a specific category of goods for production purposes.

For example, let's say US can produce 20 Television (TV) sets and 50 Air Conditioners in a month. Here, the opportunity cost of producing 1 TV set is 50/20 i.e. 2.5 Air Conditioners. Similarly, the opportunity cost of producing 1 Air Conditioner (AC) is 20/50 i.e. 0.4 TV set. Hence, US should produce Air Conditioners over TV sets as per <em>Comparative Advantage</em> concept.

Take another example, let's say UK can produce 50 Television (TV) sets and 20 Air Conditioners in a month. Hence, the opportunity cost of producing 1 TV set is 20/50 i.e. 0.4 Air Conditioner. On the other hand, the opportunity cost of producing 1 AC is 50/20 i.e. 2.5 TV sets. Thus, UK should produce TV sets over AC's as per <em>Comparative Advantage </em>model.

Hence, US should export AC's to UK and import TV sets from UK to gain from specialization and trade.

<em> In this way nations can gain from specialization and trade by making use of Comparative Advantage theory</em>.

It is to be noted that <em>Absolute Advantage model </em>of Adam Smith is also good as it highlights production of that good by a country, which it can produce in large quantities with fewer resources and minimal time than any other nation in the world. But the <em>Comparative Advantage Model </em>developed by David Ricardo considers opportunity cost and is much more refined than Absolute Advantage Model.

<em></em>

6 0
3 years ago
Read 2 more answers
Should scalpers go get a d*mn life and get a real job instead of sitting inside their homes and skipping showers 5 times a week
Sindrei [870]

Answer:

I-  that was deep

Explanation:

4 0
3 years ago
A preferred stock from Hecla Mining Co. (HLPRB) pays $3.10 in annual dividends. If the required rate of return on the preferred
Varvara68 [4.7K]

Answer:

$41.89

Explanation:

The computation of the fair value of the stock is shown  below:

Fair Value of the stock = (Annual dividends) ÷ (Required rate of return - growth rate)

                                      = $3.10 ÷ 7.4%

                                      = $41.89

In order to compute the fair present value of the stock, we simply divided the annual dividend by the required rate of return so that the approximate value could come.

3 0
3 years ago
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