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Sliva [168]
3 years ago
10

Wehler Industries recently restructured their board of directors to include more members who are not employees of the company as

well as add a financial expert. What may have prompted this change? A: the IMA Statement of Ethical Professional Practice B: implementing an enterprise resource planning system C: the Sarbanes-Oxley Act D: pursuing the triple bottom line
Business
1 answer:
Assoli18 [71]3 years ago
4 0

Answer:

The correct answer is letter "C": the Sarbanes-Oxley Act.

Explanation:

The Sarbanes-Oxley Act (SOX) of 2002 is a legislative response to a number of corporate scandals that sent shockwaves through the world financial markets. The SOX attempts to strengthen corporate oversight and improve internal corporate control. The main purpose of SOX is to protect shareholders from fraudulent representations in corporate financial statements. SOX was created to add criminal penalties for violating securities laws. It is a result of financial scandals made public during the early 2000s.

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The Certificate exists in a frame that follows the ServerHello.Because the size of the certificateis larger than the maximum payload size of an Ethernet Frame, thus the certificate must be<span>contained in multiple frames</span>
6 0
4 years ago
John was recently hired by Backstreet Books. At the beginning of the first day on the job, his store manager handed him a small
Lady_Fox [76]

Answer:

<u>compliance-based ethics.</u>

Explanation:

Compliance-based ethics can be defined as a set of rules and conduct for the actions of employees of a particular company to be based on compliance with the laws that regulate business. It is designed to prevent, detect and punish behavior that is not in accordance with a company's pre-established rules.

There are critics who believe that compliance-based ethical codes do not promote individual ethical ability, but rather enforce rules motivated by fear and punishment, as legality and ethics are complementary but not equal.

6 0
3 years ago
A________is a form of organisation in which the owner maintains complete control over the business and is personally liable for
Ainat [17]

Answer:

Sole Proprietorship

Explanation:

Sole proprietorships own all the assets of the business and the profits generated by it. They also assume complete responsibility for any of its liabilities or debts.

6 0
2 years ago
Read 2 more answers
In a growing number of jurisdictions, when a tenant moves out of leased premises before the term of the lease expires, the landl
Travka [436]

Answer:

To mitigate damages

Explanation:

When a a tenant breaches the terms of a real estate agreement, the landlord must come in to get another tenant to occupy the space.

He is avoiding a situation where the property is to be left unoccupied for a period of time.

Mitigating damages is a way of reducing further loss when one party breaches a contract.

In the given scenario if a tenant moves out of leased premises before the term of the lease expires, the landlord is required to make a reasonable attempt to lease the property to another party.

5 0
3 years ago
Three categories of activities (operating, investing, and financing) generate or use the cash flow in a company. In the followin
Marat540 [252]

Answer:

a. Yum Co. uses cash to repurchase 10% of its common stock. (Financing activity)

b. DigiInk Printing Co. buys new machinery to ramp up its production capacity. (Investing activity)

c. D and W Co. sells its last season’s inventory to a discount store. (Operating activity)

d. A company records a loss of $70,000 on the sale of its outdated inventory. (Operating activity)

Explanation:

Cash flow statement shows how cash is used and obtained in a business. There are different activities that influence cash flow. Below are the activities:

- Operating activities are those that include normal business operations like buying and selling of inventory, interest payments, and salaries.

- Investing activities involves use of cash for investment like purchase or sale of assets, merger and acquisitions payments, and purchase of equipment.

- Financing activities includes cash used to purchase or sell equity such as shares, payment of dividends, and repayment of principal from debt

3 0
3 years ago
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