Answer:
The correct answer is Sarbanes-Oxley Act.
Explanation:
The Sarbanes-Oxley Act is a federal law of the United States that has generated a lot of controversy, since this Law is in response to the financial scandals of some large corporations, including cases that affect Enron, Tyco International, WorldCom and Peregrine Systems. These scandals brought down public confidence in accounting and auditing systems.
The Law takes the name of Senator Paul Sarbanes (Democrat) and Congressman Michael G. Oxley (Republican), and was approved by a large majority, both in Congress and the Senate. The legislation covers and sets new standards for the board of directors and management and accounting mechanisms of all publicly traded companies in the United States. It introduces criminal responsibilities for the board of directors and establishes some requirements on the part of the SEC (Securities and Exchanges Commission), that is, the regulatory commission of the United States stock market.
Answer: $20,600
Explanation:
In calculating the amount of cash that should be reported in the balance sheet as of August 31, we add the deposits Outstanding because that is money that we are getting. We then subtract the checks Outstanding because that is money we are to pay. These are the 2 balances to be concerned with.
The cash balance will therefore be,
= Bank account balance + Deposit Outstanding - Checks Outstanding
= 22,800 + 2,000 - 4,200
= $20,600
$20,600 is the amount of cash that should be reported in the balance sheet as of August 31.
Answer:
$778.82
Explanation:
Given:
Amount to be accumulated in retirement fund which is future value (FV) = $500,000
Interest rate (Rate) = 5.5% annually or 5.5 / 12 = 0.4583%
Time period (nper) = 25 years or 25×12 = 300 periods
Monthly deposit need to be computed (PMT). which can be calculated using spreadsheet function =pmt(rate,nper,PV,FV)
=pmt(0.004583,300,0,500000)
Monthly payment is computed as $778.82
Note: PMT is negative as it is a cash outflow.
Answer:
Whenever a person consumes too much of liquor, the body gets dehydrated as alcohol is a dehydrating agent and it removes body fluids through renal system.
Due to such dehydration, the occurrence of cramps is quite a common phenomena, apart from tastelessness.
In the current case, Mr Smith got besotted at a bar and in an attempt to navigate the stairs, he consequently passed out. The following morning he woke up, his right arm and hand were devoid of sensation.
The human body requires consistent blood flow with adequate oxygen and nutrient absorption to coordinate well with the nervous system. Neurons are responsible for nerve impulses and action.
Alcohol affects the functioning of neurons which are responsible for generating impulse, movement and coordination. Owing to the same phenomena, while an individual is intoxicated, the senses slow down due to which one feels less pain of an injury or hurt.
Here, consumption of excessive liquor led to pressure built up and the blood flow along with nutrients and oxygen, which are required for the neuron process, got obstructed. This led to a situation of no sensation with neuron function suspended temporarily. This resulted into lack of sensation in the arm and hand.
Answer:
Group of choices:
A. increase
B. reduce
C. ignore
D. not change
E. none of the above
The correct answer is A. Increase.
Explanation:
The company has, within the national sphere, a monopolistic advantage that should be extended abroad.
Monopolistic advantage theory can take many forms:
* Ability to control a specific product differentiated, because other companies do not have the know-how.
* Exclusive control over raw material or other necessary inputs / components.
* Low unit cost of production due to the large volume of it.
Limitations: Do not replenish because production abroad is the preferred way to exploit these advantages and not through exports or licenses.
