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Alla [95]
4 years ago
11

Sponsored by five U.S. financial organizations, ___________ is a nonprofit organization that was established in 1985 to identify

factors that contributed to fraudulent financial reporting.
Business
1 answer:
never [62]4 years ago
5 0

Answer:

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​The Committee of Sponsoring Organizations of the Treadway Commission (COSO).

Explanation:

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​The Committee of Sponsoring Organizations of the Treadway Commission (COSO) is sponsored by five U.S. financial organizations. It is a non-profit organization that was established in 1985 to identify factors that contributed to fraudulent financial reporting, as well as internal control and guidance on enterprise risk management, business ethics, financial reports and business risk management.

The five (5) U.S financial organizations that sponsored COSO are;

1. Institute of Management Accountants (IMA).

2. American Accounting Association (AAA).

3. American Institute of Certified Public Accountants (AICPA).

4. Institute of Internal Auditors (IIA).

5. Financial Executives International (FEI).

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A country is said to be in ____ when the income its residents earn from exports is equal to the money its residents pay to other
Leviafan [203]
Balance of trade equilibrium
4 0
3 years ago
Janine is 25 and has a good job at a biotechnology company. She currently has $5,000 in an IRA, an important part of her retirem
nexus9112 [7]

Answer:

$108,622.60

Explanation:

Calculation for the amount Janine's IRA will worth when she needs to start withdrawing money from it when she retires

Based on the information given we were told that She has the amount of $5,000 in an IRA, which is a vital part of her retirement nest egg in which She has well believes that her IRA will increase at an annual rate of 8%.

Secondly we were told that she is 25 age and plan to retire at the age of 65 which means that the number of years until her retirement will be 40 years(65 years-25 years)

Now let calculate how much she will be worth using this formula

Amount worth= Present value in IRA*(Annual rate increase)^ Numbers of years until retirement

Let plug in the formula

Amount worth=5,000 *(1 + 0.08)^40 =

Amount worth=5,000*(1.08)^40

Amount worth =5,000*21.72452

Amount worth= $108,622.60

Therefore Janine's IRA will be worth $108,622.60 when she needs to start withdrawing money from it when she retires.

7 0
3 years ago
"To make a profit while benefiting humanity" is and example of a mission statement that?
iogann1982 [59]
It sounds a bit too broad so I would say B, too vague
7 0
4 years ago
Read 2 more answers
The 2016 financial statements of The New York Times Company reveal average shareholders’ equity attributable to controlling inte
Umnica [9.8K]

Answer:

E. There is not enough information to calculate the ratio.

Explanation:

It's necessary the information about the other partner or what it's the total amount of shareholders’ equity to calculate the net income attributable to New York Times.

The only information available it's shareholders’ equity attributable to controlling interest which means there is other part which have the rest.

5 0
3 years ago
Given the general agreement that pollution is undesirable and social welfare is increased by reducing pollution, the optimal lev
Gnoma [55]

Answer:

the level of pollution at which the marginal social cost of pollution is equal to the marginal social benefit of pollution.

Explanation:

Pollution can be defined as the physical degradation or contamination of the environment through an emission of harmful, poisonous and toxic chemical substances.

Generally, it has been proven beyond reasonable doubt that pollution is undesirable to living organisms such as humans, plants and animals in an environment.

Furthermore, we know and agree that social welfare of the people living across the world is increased by reducing pollution.

Hence, the optimal level of pollution in a society is the level of pollution at which the marginal social cost of pollution is equal to the marginal social benefit of pollution.

7 0
3 years ago
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