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Marrrta [24]
3 years ago
15

Which area of business is affected by the Sarbanes-Oxley Act?

Business
2 answers:
Sauron [17]3 years ago
3 0

Answer:

C. Accounting

Explanation:

The Sarbanes-Oxley Act was passed into law in July 2002. The act aims are protecting investors and other users of financial information from fraudulent reporting by corporations.

The Sarbanes-Oxley Act seeks to make financial reporting and disclosures accurate, reliable, and transparent. The acts insist on the declaration of internal control measures that guarantee the accuracy of financial statements.

Elden [556K]3 years ago
3 0

Answer:

C. Accounting

I just took the quiz and made

100%

trust me

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September 11 2001 its eaasy
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3 years ago
The net income reported on the income statement is $58,000. However, adjusting entries have not been made at the end of the peri
nlexa [21]

Answer:

The corrected Net income = $54,500                      

Explanation:

Net income is defined as the total profits earned by an individual from a business venture. It is equal to the difference between the gross income and the expenses involved including cost of supplies and accrued salaries.

Given: net income = $58,000

Entries not made include supplies expense = $2,200 and accrued salaries = $1,300

Therefore, the corrected net income = net income - expenses = $58,000 - ($2,200 + $1,300) = $54,500    

8 0
3 years ago
Why is the market demand curve for public goods calculated as a vertical summation of individual demand​ curves?
never [62]

Answer:

c

Explanation:

A public good is a good that is non excludable and non rivalrous. Everyone has assess to the statue and because one person is enjoying the view of the statue does not means another person cannot enjoy the view of the statue. The demand curve for public goods is summed vertically because all individuals can consume every unit of the good at the same time.

A private good is a good that is excludable and rivalrous. They are usually exchanged in the market by private sector businesses. It is only you who purchased the ferrari and those you allow that can use the ferarri.

8 0
3 years ago
An automobile dealership that has always had success with homemade advertisements finds it difficult to switch to a professional
Fantom [35]

Answer:

1) B - Inaction

2)B - Faulty

3)A - Dissolution

Explanation:

1) Inaction: The company's strategy is not responsive to technological trends

2) Faulty: Downsizing to save cost is not a good strategy for a business to adopt, they could have divest to other sectors

3)Dissolution: liquidate or wind up before the company runs in to serious financial crisis.

7 0
3 years ago
When i see someone being taken advantage of i feel protective towards them answer
Leokris [45]
<span>agree if this is a empathy quiz is what id say</span>
8 0
4 years ago
Read 2 more answers
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