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dusya [7]
3 years ago
8

Which is the new crime created by Sarbanes-Oxley? a. mail fraud b. obstruction of justice c. certification of false financial st

atements d. both a and b
Business
1 answer:
meriva3 years ago
3 0

Answer:

The correct answer is letter "C": certification of false financial statements.

Explanation:

The Sarbanes-Oxley Act (SOX) is a statute that aims to increase corporate governance and enhance internal control of companies. SOX's primary purpose is to protect stakeholders from false corporate financial statement representations. Investors must know that the financial information on which they rely is accurate and that their accuracy has been checked by an independent third party.

<em>Altering, destroying, covering-up or falsifying information in the financial statements of a firm is considered a crime since the SOX implementation with a maximum sentence of 20 years.</em>

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The yield on a one-year bond is currently 3% and the expected yield on one-year bonds for the next two years is 5% and 4%. If th
sveticcg [70]

Answer:

5.75%

Explanation:

The computation of the  yield on a bond with three years to maturity is shown below:

Given that

Yield on a one-year bond is 3%

The expected yield on one-year bonds for the next two years is 5% and 4%

And, the liquidity premium is 1.75%

So, the yield on a bond with three years to maturity is

= (3% + 5% + 4%) ÷ 3 years + 1.75%

= 4% + 1.75%

= 5.75%

4 0
3 years ago
____________ is the process of identifying and assessing the volume and sentiment of what is being said about a company, individ
andre [41]

Answer:

d) Social media monitoring

Explanation:

Social media monitoring includes the tracking of brand i.e. online and the responses also. You should check and keep your brand on the top of the message prior it become viral for the reason i.e. not right. Also it would help in maintaining the positive brand between the consumers and influencers

So, as per the given situation, it is a social media monitoring

6 0
3 years ago
What is the present role of the aicpa in the rule-making environment?
Sati [7]
AICPA: <span>The national professional organization of practicing Certified Public Accountants (CPAs), whose various committees and boards have been an important contributor to the development of GAAP.



</span>
6 0
3 years ago
Capital Chemicals Corp. recently faced a legal hassle following which many process operators resigned voluntarily. The company f
yulyashka [42]

Answer: (A) Dysfunctional turnover

Explanation:

 The Dysfunctional turnover is the term which is used to define about the voluntarily separation between the high skilled and the average skilled employees in an organization.

 According to the given question, the Capital Chemicals Corporation is basically faced the various types of legal hassle and due to this the organization feel the shortage of experienced and knowledgeable operators.

So, this type of scenario exemplify the Dysfunctional turnover for cope with the given situation in the company. Therefore, Option (A) is correct answer.

5 0
3 years ago
Calculator Santorino Company produces two models of a component, Model K-3 and Model P-4. The unit contribution margin for Model
Maru [420]

Answer and Explanation:

1. 5,000

2. 5,500

Working;

Machine Hour available : 4,000

Product P-4 Has higher contribution margin, so it must be produced maximum.

Maximum demand for Product P-4 = 5,500 Units

Time required by each Unit = 30 Min.

Total Hours required for 5,500 Units, 5500 / 2 = 2,750 Hours

Remaning hours will be alloted to K-3.

Each unit of K-3 require 15 Min. , So total of 4 Units in an hour.

Total units produced = 1,250 x 4 = 5,000 Units.

3 0
3 years ago
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