1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
butalik [34]
3 years ago
5

When Congress passed the Sarbanes-Oxley Act of 2002, it imposed greater regulation on public companies and their auditors and re

quired increased accountability. Which of the following is not a provision of the act?
A. Executives must certify the appropriateness of the financial statements.
B. The act provides criminal penalties for fraud.
C. Auditors may not provide specific nonaudit services for their audit clients.
D. Audit firms must be rotated on a periodic basis.
Business
1 answer:
schepotkina [342]3 years ago
6 0

Answer:

The correct answer is D. Audit firms must be rotated on a periodic basis.

Explanation:

List of services that cannot be provided by an audit firm, in the event that

present audit services simultaneously, they are:

- Keep accounting or prepare financial statements of the registered company.

- Design and implementation of accounting information systems and financial information systems.

- Services that imply the performance of valuations or actuarial services.

- Internal control consulting.

- Administration and human resources services.

- Financial advisory services.

- Legal consulting not linked to audit services.

You might be interested in
A company looking to expand internationally with little risk would choose?
leva [86]

Answer:

  • Licensing
  • Franchising

Explanation:

There are no options but Licensing as well as Franchising are some of the least riskiest ways to expand internationally.

With Licensing, the company looking to expand simply sells licenses to various companies in different countries giving them the right to use their image. Basically, the company the license is sold to gets access to the seller's intellectual property but then can run their business with a significant degree of autonomy.

Franchising represents another way to expand with little risk. It involves a company giving a license to another company to sell and sometimes produce their products as well as image rights. The company will give the franchisee (company that gets the license) the knowledge and training required to maintain the franchise and in exchange, franchisee pays a fee.

Both of these methods ensure that the name and brand of a company spread internationally whilst making money from it. Risk is minimized because the investment in other countries is low to nothing.

3 0
3 years ago
[55 points] (public health) in 1972 a one-in-six random survey of the electoral roll | largely concerned with studying heart dis
Flauer [41]
It needs to be an equivalent number to an equator and then times it and multiply the answer
5 0
3 years ago
You got asked to analyze a 5 year project for your firm. The project produces an annual revenue of $28,500, but requires an annu
hram777 [196]

Answer:

15,300

72.70%

Explanation:

After tax cash flow = (revenue - cost - depreciation) (1 - tax rate) + depreciation

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

($20,000 - $5,000) / 5 = $3,000

($28,500 - $5,000 - $3000) x (1 - 0.4) + $3000 = $15,300

Terminal year cash flow = after tax cash flow + salvage value

$15,300 + $5,000 = $20,300

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator  

Cash flow in year 0 = $20,000.

Cash flow in year 1 - 4= $15,300

Cash flow in year 5 = $20,300

IRR = 72.70%

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

8 0
3 years ago
The term __________ refers specifically to geologic mountain building.
White raven [17]
'Mountain formation' or 'orogeny'
4 0
3 years ago
Which type of reputation is affected by material a person posts to an online discussion forum that is accessed only by people in
liraira [26]

Answer:

professional and private

Explanation:

Reputation can be regarded as an opinion or believe about something, individual or organization, it is the judgement or the information known by people about an individual or organization. When this reputation is been accessible by a specific kind of people i.e not by the general public, it is reffered to as professional and private reputation.

It should be noted that professional and private reputation is affected by material a person posts to an online discussion forum that is accessed only by people in his or her company.

7 0
3 years ago
Other questions:
  • In September 2009 a U.S. investor chooses to invest $500,000 in German equity securities at a then current spot rate of $1.30/eu
    14·1 answer
  • A maker of frozen meals claims that the average caloric content of its meals is 400, and the standard deviation is 15. a researc
    7·1 answer
  • HELP ME PLZ i’ll give brainliest Greg owns numerous factories that prepares corn syrup for shipment. His team has packed the syr
    10·1 answer
  • Name three primary sources of authority that tax professionals should check against the citator before relying on those sources
    15·1 answer
  • Product differentiation is the process that firms use to make a product more attractive to potential customers. On which of the
    7·2 answers
  • Josh attends a job interview for a sales position at Millerton Corp. The interviewer at Millerton, Alisha, asks him open-ended q
    15·1 answer
  • Which of the following is not one of the competitive forces included in the competitive forces​ model?
    13·1 answer
  • The measure of the total annual income received by residents of a nation is called _____.
    12·2 answers
  • Im <br> bored....................
    14·2 answers
  • How many categories should you have in your budget?.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!