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Yuliya22 [10]
4 years ago
7

The sarbanes-oxley act created the _____ to protect the interests of investors and further the public interest in the preparatio

n of fair and informative financial statements. financial accounting standards board (fasb) securities and exchange commission (sec) forensic accounting standards commission (fasc) public company accounting oversight board (pcaob)
Business
1 answer:
devlian [24]4 years ago
8 0

The correct answer is the Public Company Accounting Oversity Board.

The Sarbanes-Oxley Act was enacted in 2002. It’s purpose was to protect investors and add additional oversight for corporations after a number of companies were caught up in accounting scandals and investors lost billions of dollars.

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While researching the feasibility of converting her company's products to solar energy, Hailie reads several reports on innovati
Marina CMI [18]

Answer:

d. generate her own conclusions and recommendations.

Explanation:

Analyzing the information in the question above, the most suitable option for Hailie's company would be to generate its own conclusions and recommendations, since there are two approaches, positive and negative about innovations in the use of solar energy, so it would be ideal for Hailie to use the approach that best suited her company, for that she could analyze whether the energy benefits for the company's products would meet the high costs and thus draw her own conclusions.

This can also be a strategy for positioning the company that can generate value for stekolhders, since the use of sustainable products and energies is a highly valued issue today, where companies are seen as active agents of social and environmental development and protection.

3 0
3 years ago
Discuss the negative impact of piracy on business
igomit [66]
Steal market share from legitimate businesses and undermine innovation, with negative implications for economic growth.
6 0
3 years ago
Which of the following is an example of a GAAP standard?
Ray Of Light [21]

Answer:

A. Ensuring financial statements are accurate and complete

Explanation:

GAAP stipulates how to file income statements, what financial periods to include, and how to report cash flow.

7 0
2 years ago
Pat, the human resources manager, has significant experience handling ethical issues in the workplace. over the years he has rec
tino4ka555 [31]
<span>Due to Pat's background his ideal role in the organization is and Ethics and Compliance Officer. In this role, Pat would serve as the organizations central point in arbitrating issues around ethics as well as formulating policy and strategies for compliance and auditing thereof.</span>
5 0
3 years ago
Yurman Inc. uses a job-order costing system. During the month of May, the following transactions occurred: May 1 Purchased mater
balu736 [363]

Answer:

<u>Job cost sheet</u>

Beginning /Materials / Labor / *overhead / Total

>J/58 0    9200   14400   3840 27440

>J/59 0    8900   10800   2880 22580

>J/60 0    6400     7200    1920 15520

          24500 32400 8640 65540

<em><u>Journal entries:</u></em>

raw materials    29670

accounts payable   29670

WIP   24500

raw materials   24500

WIP   32400

wages payables   32400

factory overhead   17880

accounts payable   17880

WIP   8640

factory overhead   8640

Finished Goods   50,020**

WIP inventory   50,020

     

***COGS              53,040

Finished Goods   53,040

Accounts receivables     74256

         *4  Sales revenue            74256

Explanation:

* the overhead is calcualte as the direct labor per job (800 ; 600;  400 respectively) times the overhead rate of 4.80

** the finished goods are Job 58 for a cost of 27,440 and 59 which cost is 22,580 we add the mand get 50,020 for the amount transferred int ofinished goods

***the cost of good sold will be J/57 of 25,600 plus J/58

*4 the sales revenue will be COGS times 1.4 as is the manufacturing cost plus a 405 markup.

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3 years ago
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