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dusya [7]
2 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:
meriva2 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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DelRay Foods must purchase a new gumdrop machine. Two machines are available. Machine 7745 has a first cost of $8,000, an estima
Monica [59]

Answer:

I would recommend Machine 7745

Explanation:

Machine 7745

initial outlay = $8,000

operational costs per year = $300

depreciation cost per year = $700

salvage value (at year 10) = $1,000

total costs per year (1 - 9) = $1,000

total costs year 10 = $0

using an excel spreadsheet, the IRR = 2%. Since you are analyzing costs only, not incremental revenue, then you must select the project with the lowest IRR.

 

Machine A37Y

initial outlay = $8,000

operational costs per year = $260

depreciation cost per year = $800

total costs per year (1 - 10) = $1,060

using an excel spreadsheet, the IRR = 4%

 

5 0
3 years ago
Ian recently earned his security certification and has been offered a promotion to a position that requires him to analyze and d
Kisachek [45]

A. Security administrator

4 0
3 years ago
Losing money and working long hours are what for an entrepreneur. a. Realities b. Disincentives c. incentives
Flura [38]
REALITIES

Losing money and working long hours are realities for an entrepreneur.

Starting a business is very challenging. You must be financially sound and very brave to overcome obstacles that may stop you from being successful as an entrepreneur.

That is why business proposal and studies are done to see whether starting up a business is a good and profitable idea in any given environmental factors.
6 0
3 years ago
Read 2 more answers
An army pilot from State A was injured when his helicopter crashed due to a defect in the tail rotor. The helicopter was manufac
Anastasy [175]
  • The district court will first determine if there is a conflict between state and federal law with regard to the matter at hand before deciding whether to apply state or federal law.
  • If there is a contradiction between the appropriate state and federal laws, the district court must determine whether a valid federal statute or Federal Rule addresses the contested matter.
  • If there is no applicable federal act or regulation, the court must decide whether federal common law or state law should be applied.
  • When a "uniquely federal interest" is at risk and a considerable conflict arises between that interest and the operation of state law, the Supreme Court has also acknowledged the application of federal common law.

<h3>Federal district court took decision -</h3>
  • If there are significant, overriding federal interests at stake that require the application of federal law, a federal court may still apply federal common law.
  • Such federal interests are evident in this case, as was previously discussed.

Learn more about federal district court brainly.com/question/12368109

#SPJ4

6 0
1 year ago
At the beginning of the project, it may not be possible to estimate the costs for all activities with a level of confidence rega
Marina CMI [18]

Answer: Longer-term project

Explanation:

At the beginning of a project, it may not be possible to estimate the costs for all activities with some levels of confidence regarding their accuracy if the project isn't a short-term project, because it's not really possible to accurately fortell the costs of unforseeable outcomes and factors that may affect the project in one way or the other in the long run.

5 0
3 years ago
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