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Brilliant_brown [7]
3 years ago
13

The Sarbanes-Oxley Act of 2002 (SOX) imposes stricter requirements over financial reporting and internal controls and stricter c

onsequences for those who engage in financial statement misconduct and other white-collar crimes. True or False
Business
1 answer:
mario62 [17]3 years ago
3 0

Answer:

True or False. TRUE

Explanation:

The law "Sarbanes-Oxley Law" aims to generate a framework of transparency for the activities and financial reports of publicly traded companies, and give greater certainty and confidence to investors.

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: ____ refers to all of the pay and benefits provided to employees for the completion of work.
steposvetlana [31]
The answer is total compensation. 
5 0
3 years ago
James Company began the month of October with inventory of $32,000. The following inventory transactions occurred during the mon
Hitman42 [59]

Explanation:

The journal entries are shown below:

On October 12

Purchases ($47,500 x 0.99) $47,025

            To Account Payable  $47,025

(Being the purchase of merchandise is recorded)  

On October 12

Freight In $670  

         To Cash  $670

(Being the freight charges is recorded)  

On October 31

Account Payable $47,025  

              To Interest Expense $475

              To Cash  $47,500

(Being the payment for purchases is recorded)  

Account Receivable $31,400  

            to Sales Revenue  $31,400

(To record the sales on account)

On October 31  

Cost of Goods Sold $20,550  

Ending Inventory  $59,145

          To Beginning Inventory   $32,000

          To Purchases  $47,025

           To Freight In  $670

(Being recording the adjusting entry is made)

6 0
3 years ago
In what way, if any, is pharming different from baiting?
ra1l [238]
C I think is the answer
7 0
3 years ago
A bond has a face value of $1,000. It has a maturity of 20 years and a coupon rate of 9%. The bond pays interest semiannually. T
PolarNik [594]

Answer:

After tax cost of bond= 7%

Explanation:

In order to find the after tax cost of bond we need to know its pre tax cost of debt. The yield on a bond is its pre tax cost. In this question we are already given the yield which is 10%. This means that the pre tax cost of debt is 10%. Now in order to find the after tax cost of debt we will multiply the pre tax cost of debt by (1-tax Rate)

After tax cost of bond= 0.1*(1-0.3)= 0.07= 7%

6 0
3 years ago
In a buying center, __________ have the formal or informal power to select or approve the supplier that receives the contract.
HACTEHA [7]

The <u>deciders </u>have the formal or informal power to select or approve the suppliers that receive the contract in a buying center.

<h3>What are buying centers?</h3>

A buying center is a jointed decision-making group that gathers individuals of an enterprise who engage or involve in the purchasing process for a certain product or a service.

A buying center is the collection of employees or members of any form of organization that are in charge of making big purchases.

Members of the buying center include

  • Buyers
  • Decider
  • User
  • Initiator
  • Influencer
  • Gatekeeper

Here, the <u>decider </u>has the formal or informal power to select or approve the suppliers that receive the contract in a buying center.

Learn more about buying center here:

brainly.com/question/8947097

3 0
2 years ago
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