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>
<span>This is a decision is a limited decision because it's something that's not routinely bought but also not extensive (as in very high priced that you would consult several people about). Anna might do a bit of research about the brands of running pants and realize Adidas is the brand for her.</span>
When the change in demand due to seasonality is a constant amount, regardless of trend or average, the seasonal variation is described as Additive Seasonal Variation.
What is Additive Seasonal Variation?
The seasonal component is stated in absolute terms in the scale of the observed series using the additive approach, and the level equation adjusts the series for the season by deducting the seasonal component. The seasonal component will roughly equal zero within each year.
therefore,
When the change in demand due to seasonality is a constant amount, regardless of trend or average, the seasonal variation is described as Additive Seasonal Variation.
to learn more about Additive Seasonal Variation from the given link:
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Answer:
$118,209
Explanation:
Weighted average costing adds the value of beginning inventory in the period cost to calculate the average cost per unit.
It is assumed that unit in work in process at the end of the period is incomplete in every aspect.
According to this method the equivalent units formula is as follow
Equivalent Units = Unit completed and transferred to Finished goods + Units in Work in Process x Completion percentage
Equivalent Units = 5,000 + 600 x 50% = 5,300 units
Total Cost = ( 5,300 x $10 ) + (38,280 + 30,620) x 5,300/5600 = $53,000 + $65,209 = $118,209
Note:
There is some inconsistency between the material cost and the total units. Material cost is calculated using 1,600 units and total numbers of units are 5,600. I took 5,600 units and calculated the costs.