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serious [3.7K]
3 years ago
11

The _____ was/were enacted to restore confidence in financial reporting and business ethics after the accounting scandals of the

early 2000s.
a. Defense Industry Initiative on Business Ethics and Conduct
b. Dodd-Frank Wall Street Reform and Consumer Protection Act
c. Federal Sentencing Guidelines for Organizations
d. Foreign Corrupt Practices Act
e. Sarbanes-Oxley Act
Business
1 answer:
kondaur [170]3 years ago
6 0

Answer:

e. Sarbanes-Oxley Act

Explanation:

Sarbanes Oxley Act was incorporated and enforced in the year 2002.

This was done to provide protection to the investors in the stakes they invest from any fraudulent actions as performed by the companies.

The SOX Act provided certain guidelines and procedures to be followed while presenting and preparing the accounting records.

This clearly initiates a practice of fair disclosure by the corporations in their financial statements, which will not lead to any fraudulent activities and any discrepancies in the investors towards the corporations.

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True or false: Checkable-deposit money created through lending by banks is not part of the money supply.
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Answer: False

Explanation:

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3 years ago
Harriet is currently in pay grade 8, but she is hoping to get a promotion so she can move into
k0ka [10]

The type of job evaluation that is done if Harriet is hoping to move from grade 8 to 10 is known as job ranking.

Job ranking can be described as a type of classification that is based on the value or the hierarchy of a person in an organization.

All the jobs in the company are ranked based on their worth and the employees are placed on the grade based on their value.

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7 0
3 years ago
The number of accidents that occur annually on a busy stretch of highway is an example of:
andrew11 [14]
I believe the answer to this question is "<span>A discrete random variable". </span>
8 0
3 years ago
The following items are taken from the financial statements of Cullumber Company for 2022:
Doss [256]

Answer:

                                          Cullumber Company

                                          Balance Sheet

                                          As at 2022

Explanation:                      Amount in $

Current Assets

Accounts Receivable           12,500

Cash                                      13,000

Prepaid Insurance                  6,600

Supplies                                  4,600

Total Current Assets            36,700

Non-Current Assets

Equipment (225,000-36,900)  188,100

Total Assets                            <u>  </u><u>224,800</u>

Liabilities & Shareholders' Equity

Current Liabilities

Accounts Payable                10,600

Notes Payable                      65,000

Salaries Payable                      3,900

Total Current Liabilities           79,500

Equity

Common Stocks                      97,000

Retained Earnings (25,900+133,000-21,400-13,600-2,600-16,800-33,500-6,700)                                          64,300  

Dividends                                   (16,000)

 Total Equity                              145,300

Total Liabilities & shareholders' equity    <u>224,800</u>  

4 0
4 years ago
Vijay Inc. purchased a three-acre tract of land for a building site for $350,000. On the land was a building with an appraised v
alexandr402 [8]

Answer: b) $364,090

Explanation:

The Capitalized cost of the land would be the costs incurred to acquire the land and to set it up.

Capitalized cost = Purchase price + demolition of old building + title insurance + attorney fees + property taxes(for period since purchase) - scrap value

= 350,000 + 11,700 + 810 + 540 + (3,000 - 350) - 1,610

= $364,090

3 0
3 years ago
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