Answer:
Sarbanes Oxley act of 2002 is law of United States passed on 30th July 2002. This act helps to protect investor from fraudulent financial reporting by organizations. The act requires all companies to include report on their internal controls in the Financial reports.
Explanation:
The section 302 of the act directs the Securities and Exchange Commission to adopt rules to adopt financial officer who certify company's annual, interim and quarterly financial reports. The main purpose is to minimize any chance of intentional frauds or deceive investors. The officers review financial reports of the company and certify that these reports does not cover any significant wrong statement, Financial statements of the company are fairly presented based on the knowledge of the officer. He is also responsible to review the report of internal controls of the company to ensure that there is no weakness in controls which can lead to frauds in the organization.
Answer:
The correct answers are: Normative; Positive.
Explanation:
The positive economy is based on specifying and demonstrating what is happening in the economy, responds to economic issues from reason and with an objective point by which things happen, focuses on determining everything that could affect it and the results that will be obtained by final.
No advice is given to remedy economic problems, rather, it describes the problems that affect the economy without mentioning whether the results will be positive or negative.
Answer:
The correct answer is Transitional Matrix.
Explanation:
In mathematics, a stochastic matrix (also called probability matrix, transition matrix, substitution matrix or Markov matrix) is a matrix used to describe the transitions in a Markov chain. It has found use in probability theory, statistics and linear algebra, as well as computer science. There are several definitions and types of stochastic matrix:
- A right stochastic matrix is a square matrix each of whose rows is formed by non-negative real numbers, adding each row 1.
- A left stochastic matrix is a square matrix each of whose columns is formed by non-negative real numbers, adding each column 1.
- A double stochastic matrix is a square matrix where all values are positive, plus all rows and columns add up to 1.
In the same way, a stochastic vector can be defined as a vector whose elements are formed by positive real numbers that add up to 1. Thus, each row (or column) of a stochastic matrix is a probability vector, also called stochastic vectors.
Answer:
Building a business case for the new product
Explanation:
The stage where new a business case can be effectively developed is during the product analysis of the new product development phase.
This phase considers all the external factors for example the cost of production, market penetration and consumer satisfaction.
GoPro will most probably analyse the profitability and sustainability of the product in the market to make a decision regarding it.
Explanation:
1. Self-awareness. Being able to objectively evaluate your personality traits and abilities is key to finding success in almost any aspect of life.
In terms of money, self-awareness can help people understand where they spend money impulsively and under what circumstances they are likely to make poor decisions. That knowledge can help them implement strategies to avoid those difficult situations, such as installing browser plug-ins that can disable one-click ordering online. Keeping a spending journal or asking friends for feedback on strengths and weaknesses are two ways to improve this skill.